Archive for January 19th, 2022

Sony shares tumble on Microsoft gaming deal

With a decline of 4 per cent yesterday, Sony’s American depositary receipts are now down 11 per cent since the Microsoft/Activision transaction was announced. The company has shed nearly about $US17bn in market value. The decline has seen shares of… Read More

Microsoft’s deal to buy Call of Duty maker Activision Blizzard brings opportunities and questions

Microsoft’s $US69bn ($96bn) deal to buy video giant Activision Blizzard is far more than a massive gaming company purchase. Sure, the deal, if consummated, will see Microsoft as the third biggest player in a gaming industry predicted to be worth… Read More

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