LinkedIn, the social media network owned by Microsoft Corp that focuses on business professionals, said on Monday it would cut 717 jobs as demand wavers, while also shutting down its China-focused job application, Reuters reported. LinkedIn, which has 20,000 employees, has grown revenue each quarter during the last year, but it joins other major technology companies including its parent in
The Japan Fair Trade Commission (JFTC) has approved Microsoft’s acquisition of Activision Blizzard after its review concluded that the deal was “unlikely to result in substantially restraining competition”, IGN reported. The JFTC posted: “The JFTC Reviewed the Proposed Acquisition of Activision Blizzard, Inc. by Microsoft Corporation” From the post: “Receiving notifications regarding the proposed acquisition of Activision Blizzard, Inc, (“Activision
The UK’s Competition and Markets Authority (CMA) issued updated provision. From the review: “In February, the Competition and Markets Authority (CMA) published provisional findings setting out that the deal raises competition concerns in relation to both console gaming and cloud gaming services in the UK. The publication of the provisional findings initiated a period of consultation in which the CMA
Microsoft has said it believes 10 years is long enough for Sony to develop rival offerings to the Call of Duty franchise, VideoGamesChronicle reported. According to VideoGamesChronicle, regulators in the UK’s Competition and Markets Authority (CMA) have expressed concerns that Microsoft’s $69 billion acquisition of Activision Blizzard could significantly reduce PlayStation’s ability to compete given that it would see Microsoft
Microsoft’s mobile games store could launch as early as next year, the company’s head of gaming Phil Spencer has said. Thanks to the new Digital Markets Act — legislation that forces Apple and Google to allow users on its platforms to access apps from sources other than the App Store and Google Play Store — Spencer believes this will create
Microsoft posted news in its News Center titled: “Microsoft announces partnership with cloud gaming provider Boosteroid to bring more games to more players around the world”. From the News Center post: Microsoft Corp. and Boosteroid on Tuesday announced a 10-year agreement to bring Xbox PC games to Boosteroid’s cloud gaming platform. Boosteroid, which has its software development team in Ukraine,
Microsoft posted “Microsoft and NVIDIA announce expansive new gaming deal” on its Microsoft News Center: On Tuesday, Microsoft and NVIDIA announced the companies have agreed to a 10-year partnership to bring Xbox and PC games to the NVIDIA GeForce NOW cloud gaming service, which has more than 25 million members in over 100 countries. The agreement will enable gamers to