Appeals court rejects FTC's request to pause Microsoft-Activision deal
Microsoft faces a $3 billion termination fee if deal isn't completed by July 18.
Microsoft faces a $3 billion termination fee if deal isn't completed by July 18.
If the deal goes through, it would be the largest acquisition of a video game company in U.S. history.
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.
Decision comes four months after the Federal Trade Commission also moved to stop the $69 billion deal.
FTC voted in December to block deal, which it says could violate antitrust laws by suppressing Microsoft Xbox competitors.
Federal regulators say the tech industry mega-merger could mean fewer games for 150 million Activision users.
Microsoft, which is in the process of buying the Call of Duty publisher for nearly $69 billion, says it will not interfere.
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.
Workers at the game publisher say they've lost confidence in Bobby Kotick after allegations he ignored sexual misconduct.
Employees and shareholders are calling on Bobby Kotick to resign from the video game publisher.
Money will go to employees at the video game publisher who experienced sexual harassment.
J. Allen Brack is stepping down almost two weeks after the video game maker was named in a sexual harassment lawsuit.
Video game company Activision Blizzard is being sued over allegations of sexual harassment and discrimination, and female gamers have begun sharing stories of sexism they've experienced in the video game community. Ash Parrish, a staff writer at Kotaku, joins CBSN to discuss the recent allegations and the reaction within the gaming community.
Apology comes hours before employee walkout in support of equal pay and "better labor conditions for all employees."
More than 2,000 current and former employees sign letter in support of lawsuit claims of abusive "frat boy" work culture.
During "cube crawls," male employees walked around offices drinking and harassing female co-workers, California lawsuit states.
Some video game players on Twitter have already slammed the executive's apology as "empty words"
Gaming company exec defends move to suspend Hearthstone player after he expressed support for Hong Kong protests
Players have taken to social media to declare they're deleting their accounts for games like World of Warcraft
President Trump blamed video games for the rise in gun violence, but research doesn't back up such claims
Video game manufacturer Activision Blizzard has acquired King, the makers of the hit app "Candy Crush Saga" for $5.9 billion. Gamespot senior reporter Justin Haywald discussed what this means for the gaming world with CBSN.
Its $5.9 billion acquisition of "Candy Crush" maker King Digital is an attempt to attract a key market: female players
Deal combines a console gaming power with an established player in the fast-growing mobile gaming field
Stormy Daniels gave defiant testimony Thursday as the defense accused her of fabricating details of the alleged sexual encounter between her and former President Donald Trump.
The Florida sheriff's deputy has been placed on administrative leave after the deadly shooting of Senior Airman Roger Fortson.
Hunter Biden was indicted on federal gun charges in September and pleaded not guilty.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
Administrators at two universities cited pressure from students and the community over U.S. support for Israel in its war with Hamas.
The Biden administration announced a new regulation designed to allow immigration officials to deport migrants ineligible for U.S. asylum earlier in the process.
One skier was rescued and two were killed following an avalanche Thursday in the mountains outside of Salt Lake City.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Taylor Swift's The Eras Tour began its European leg with four dates at the La Defense Arena in Paris with a revamped setlist.
The judge approved the petition filed by Wilson's family and inner circle after the death in January of his wife, who handled most of his tasks and affairs.
The bill stalled earlier this week after senators from Virginia and Maryland objected to a provision that would allow an additional 10 flights a day to and from Ronald Reagan Washington National Airport.
Apple's "Crush!" advertisement for the new iPad Pro features a myriad of artistic tools getting smashed in a large hydraulic press.
The Biden administration announced a new regulation designed to allow immigration officials to deport migrants ineligible for U.S. asylum earlier in the process.
Taylor Swift's The Eras Tour began its European leg with four dates at the La Defense Arena in Paris with a revamped setlist.
Maker of insulin pump urges customers to update an app because of glitch that causes the devices to unexpectedly shut down.
The fitness chain's $10 monthly membership is one of few things that had remained unchanged since 1998 — until now.
Sixty-one percent of the lowest-paid U.S. workers can't get time off for an illness, according to a recent Economic Policy Institute report on the state of sick leave in the United States.
At its height, the Chevy Malibu won Motor Trend Car of the Year 1997 because of its smooth ride and fuel economy.
The price of a McDonald's Quarter Pounder with Cheese meal has more than doubled since 2014, data show.
The bill stalled earlier this week after senators from Virginia and Maryland objected to a provision that would allow an additional 10 flights a day to and from Ronald Reagan Washington National Airport.
The Biden administration announced a new regulation designed to allow immigration officials to deport migrants ineligible for U.S. asylum earlier in the process.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Former White House aide and wife of national security adviser Jake Sullivan Maggie Goodlander launched her campaign for Congress Thursday.
Democratic Senator Bob Menendez, of New Jersey, is set to be tried on bribery, corruption and obstruction charges beginning Monday.
Maker of insulin pump urges customers to update an app because of glitch that causes the devices to unexpectedly shut down.
The fitness chain's $10 monthly membership is one of few things that had remained unchanged since 1998 — until now.
New research links higher consumption of certain ultra-processed foods to a higher risk of death.
Elon Musk's Neuralink finds a brain-computer interface device captured less data a month after implant surgery.
Brain worms, like the one Robert F. Kennedy Jr.'s campaign said he contracted over a decade ago, are real — and more common in certain parts of the world than you might think.
Taylor Swift's The Eras Tour began its European leg with four dates at the La Defense Arena in Paris with a revamped setlist.
Demonstrators chanting anti-Israeli slogans have descended on the Swedish city hosting the 2024 Eurovision Song Contest.
Mohammad Rasoulof has become the latest artist targeted in a widening crackdown on all dissent in the Islamic Republic.
Allan W. Knepper, 27, was among a squadron that encountered heavy anti-aircraft fire during an attack on Axis powers in July 1943.
One member of Israel's government says Hamas loves Mr. Biden, but other Israelis worry their leaders are losing the vital war for global support.
The judge approved the petition filed by Wilson's family and inner circle after the death in January of his wife, who handled most of his tasks and affairs.
Taylor Swift's The Eras Tour began its European leg with four dates at the La Defense Arena in Paris with a revamped setlist.
This will be the first baby for Hailey and Justin Beiber, who announced their pregnancy after more than five years of marriage.
Demonstrators chanting anti-Israeli slogans have descended on the Swedish city hosting the 2024 Eurovision Song Contest.
In "The Office" actor Rainn Wilson's new podcast "Soul Bloom," he speaks with comedians, experts and authors about creativity, spirituality and psychology.
Apple's "Crush!" advertisement for the new iPad Pro features a myriad of artistic tools getting smashed in a large hydraulic press.
The Ascension Healthcare Network, one of the nation's leading nonprofit and Catholic health systems, says a "cyber security event" disrupted its clinical operations Wednesday. Threat intelligence company Cyble says there have been 77 ransomware attacks on the U.S. health care sector since the beginning of February. CBS News homeland security and justice reporter Nicole Sganga joins to unpack the troubling trend.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The tech giant disclosed Thursday that a database was accessed through a Dell portal, which contains a database of customer information. CBS News' John Dickerson has the details.
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
Boeing's Starliner was set to make its maiden voyage to the International Space Station, with its first piloted launch Monday night. But the launch, already pushed back following years of delays, was scrubbed with less than two hours to go before liftoff. Mark Strassmanm reports.
Reported sightings of giant, toxic, invasive hammerhead flatworms are on the rise in parts of southeastern Canada. Experts say the worms can grow up to 3 feet long and pose a risk to children, pets and other small animals. Peter Ducey, PH.D. and distinguished teaching professor at SUNY Cortland, joins CBS News to discuss the worm.
When NASA added a tiny four-pound helicopter as a stowaway to its Mars 2020 lander, it expected the helicopter to fly five very brief flights in the thin Martian atmosphere. Yet, Ingenuity would far surpass all expectations.
Democratic Rep. Henry Cuellar and his wife, Imelda Rios Cuellar, have been indicted in an alleged bribery scheme.
Democratic Senator Bob Menendez, of New Jersey, is set to be tried on bribery, corruption and obstruction charges beginning Monday.
Florida officials have released body camera footage of the events that led to the death of U.S. Air Force Senior Airman Roger Fortson, who was shot and killed in his own home by a sheriff's deputy. Keith Taylor, a professor at John Jay College of Criminal Justice, joins CBS News with more on the incident.
Trevor Bickford was sentenced to 27 years Thursday for attacking NYPD officers with a machete on New Year's Eve in 2022 near Times Square.
Wilson's parents are asking for over $1 million in damages in the wrongful death lawsuit.
In the image, "a ghostly hand appears to be emerging from the interstellar medium and reaching out into the cosmos," the NOIRLab said.
The so-called super Earth — known as 55 Cancri e — is among the few rocky planets outside our solar system with a significant atmosphere.
In the video, the surface of the sun appears furred with dark yellow material as beams of gold swoop overhead.
United Launch Alliance decided to replace a suspect valve in the Atlas 5 rocket's upper stage, delaying launch to late next week.
The visualization, produced on a NASA supercomputer, allows users to experience flight towards a supermassive black hole.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
We look back at the life and career of the longtime host of "Sunday Morning," and "one of the most enduring and most endearing" people in broadcasting.
Adult film star Stormy Daniels took the stand for the second day Thursday in former President Donald Trump's New York "hush money" trial in Manhattan, where she faced cross-examination from Trump's defense attorney. Daniels stuck to her guns in a combative and at times heated back-and-forth. Robert Costa has the latest.
Here's a look at the top stories making headlines on the "CBS Evening News with Norah O'Donnell."
The Ascension Healthcare Network, one of the nation's leading nonprofit and Catholic health systems, says a "cyber security event" disrupted its clinical operations Wednesday. Threat intelligence company Cyble says there have been 77 ransomware attacks on the U.S. health care sector since the beginning of February. CBS News homeland security and justice reporter Nicole Sganga joins to unpack the troubling trend.
The Biden administration announced a new regulation Thursday that gives immigration officials more power to reject migrants earlier in the asylum process. CBS News immigration and politics reporter Camilo Montoya-Galvez explains.
The first shipment of humanitarian aid bound for the U.S.-built pier in Gaza is now on its way. But questions remain on whether it will be a successful operation for tens of thousands of Palestinians who are already witnessing famine. Katie Striffolino, director of humanitarian policy at Mercy Corps, joins CBS News to discuss.