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​Activision Blizzard

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Microsoft-Activision Blizzard deal blocked

British antitrust regulators have blocked Microsoft's $69 billion deal to buy video game maker Activision Blizzard. In a statement Wednesday, Britain's Competition and Markets Authority said, "we've prevented Microsoft from purchasing Activision over concerns the deal would damage competition in the cloud gaming market, leading to less innovation and choice for UK gamers." The all-cash deal was set to be the biggest in the history of the tech industry. Michael Pachter, a managing director at Wedbush Securities, has more.

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Activision Blizzard board stands by company's CEO

More than 1,500 Activision Blizzard employees are calling for the resignation of the company's CEO, Bobby Kotick. The calls come after a Wall Street Journal investigation revealed Kotick knew about multiple sexual assault allegations, including rapes, at the video game giant and failed to report them to the company's board. Ben Fritz, co-author of the article and the Wall Street Journal's West Coast bureau chief, joins CBSN to discuss the investigation's findings.

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