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
Prosecutors are continuing to call witnesses in former President Donald Trump's criminal trial in New York, where jurors heard from a former Trump Organization executive.
Israeli Prime Minister Benjamin Netanyahu's office says the proposal is "far from meeting Israel's core demands."
A U.S. soldier has been detained in Russia, officials confirmed.
South Dakota Gov. Kristi Noem would not answer a question about whether the meeting with the North Korean leader actually occurred.
There is no question that Nehls served overseas and engaged in combat, but military documents show he received one Bronze Star instead of two.
Police identified the victims as Samantha Cisneros and Taryn Allen and said a 5-year-old girl was injured with a gunshot wound.
A 19-year-old U.S. soldier from Colorado has been accounted for more than 70 years after being declared missing in action in the Korean War.
A man was also found shot to death inside the home where the man who pulled the gun during the service.
Miss USA Noelia Voigt said she's stepping down and relinquishing her crown.
A new membership from luxury fitness chain Equinox includes a battery of tests normally reserved for professional athletes.
Prosecutors are continuing to call witnesses in former President Donald Trump's criminal trial in New York, where jurors heard from a former Trump Organization executive.
A 19-year-old U.S. soldier from Colorado has been accounted for more than 70 years after being declared missing in action in the Korean War.
Miss USA Noelia Voigt said she's stepping down and relinquishing her crown.
Two astronauts will put the Boeing Starliner through its paces to verify it's ready to begin launching operational crew ferry flights to the space station.
A new membership from luxury fitness chain Equinox includes a battery of tests normally reserved for professional athletes.
Condé Nast employees were set to walk off the job only hours before the Met Gala, chaired by company editorial director Anna Wintour.
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
Met Gala ticket prices cost far more in 2024 than they did last year. How much is a ticket?
Steward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announced Monday that it is filing for bankruptcy.
Prosecutors are continuing to call witnesses in former President Donald Trump's criminal trial in New York, where jurors heard from a former Trump Organization executive.
A U.S. soldier has been detained in Russia, officials confirmed.
Israeli Prime Minister Benjamin Netanyahu's office says the proposal is "far from meeting Israel's core demands."
South Dakota Gov. Kristi Noem would not answer a question about whether the meeting with the North Korean leader actually occurred.
The 82-year-old senator from Vermont announced in a video posted on social media that he will seek a fourth term in the Senate.
A survey from the American Academy of Dermatology finds more than one-third of adults reported getting a sunburn last year — the highest number since 2020.
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
Steward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announced Monday that it is filing for bankruptcy.
The Texas dairy worker infected by H5N1 "did not disclose the name of their workplace," frustrating investigators.
Stress is hard to avoid, but experts say getting outdoors can have a positive impact on both our mental and physical health.
A U.S. soldier has been detained in Russia, officials confirmed.
Israeli Prime Minister Benjamin Netanyahu's office says the proposal is "far from meeting Israel's core demands."
Zakia Wardak, Afghanistan's top diplomat in India, announced her resignation after reportedly being stopped at an airport with the gold cache.
Claiming a "new round of escalation" from NATO amid the war in Ukraine, Russia plans drills simulating the use of battlefield nuclear weapons.
Historic flooding has left the wealthy Brazilian city of Porto Alegre underwater, with more than 80 people dead and many awaiting rescue.
Miss USA Noelia Voigt said she's stepping down and relinquishing her crown.
Kendrick Lamar and Drake have each released several ruthless diss tracks against each other, with Kendrick alleging Drake has a secret daughter and making other disturbing accusations.
From "Magnum, P.I." to "Blue Bloods," Tom Selleck has become a staple of American television and film. In his latest memoir, "You Never Know," Selleck shares insights from his journey in Hollywood and beyond.
Cedric the Entertainer gives an exclusive first look at tonight's season six finale of "The Neighborhood."
It's widely known the Met Gala itself includes a dinner and a performance. But aside from bathroom selfies and elevator clips, the gala itself isn't recorded.
Sidechat, an app launched in 2022 where students can post anonymously about their colleges, is becoming a tool for those choosing to protest at U.S. campuses. Amanda Silberling, a senior culture writer for TechCrunch, joins CBS News with more details on the app.
Microsoft users can now use biometric passkeys, like a thumbprint or Face ID, to sign into Microsoft 365, Copilot. Jon Fingas, senior editor at Techopedia, has more.
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.
Sidechat, an anonymous messaging app, has been used by students to share opinions and updates, but university administrators say it has also fueled hateful rhetoric.
Georgia is home to the nation's newest nuclear reactor. It's bringing clean energy to the state, but the project has run over budget and past its original completion date. Drew Kann, climate and environment reporter for The Atlanta Journal-Constitution, joins CBS News to explore the effort.
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.
When NASA added a drone named Ingenuity to its Mars 2020 rover Perseverance, it expected the tiny four-pound helicopter to fly a total of five very brief missions in the thin Martian atmosphere. But Ingenuity far surpassed all expectations, flying dozens of flights before suffering damage to its rotors in January. Correspondent David Pogue reports on how the tiny drone, created from off-the-shelf parts, continued to provide valuable data and images from the Red Planet three years into its mission.
There's a newly-determined "major factor" in declining bumblebee populations – and it's attacking their nests.
On Monday, Boeing plans to launch astronauts on its new spacecraft that is called Starliner. The test flight to the International Space Station is years behind schedule.
A man has confessed to killing a woman at her apartment near Oklahoma City in 2016. He is being held on a first-degree murder charge.
Police identified the victims as Samantha Cisneros and Taryn Allen and said a 5-year-old girl was injured with a gunshot wound.
A church service in North Braddock, Pennsylvania, was upended Sunday when a man pulled a gun on the pastor in the middle of his sermon.
Officials confirmed the bodies found in a well last week in Mexico belonged to three missing surfers and that they each had bullet wounds.
Brian Fanion says he and his wife Amy Fanion had been arguing about his retirement plans when she picked up his service weapon and shot herself. Investigators did not believe his story.
Two astronauts will put the Boeing Starliner through its paces to verify it's ready to begin launching operational crew ferry flights to the space station.
After years of delays, Boeing is set to launch its Starliner spacecraft with a crew for the first time Monday. The test flight will carry two astronauts to the International Space Station.
The Eta Aquariids meteor shower will peak overnight on Sunday into Monday, according to NASA.
Two veteran astronauts will put the Starliner through its paces in the ship's first piloted flight to orbit.
Boeing is expected to launch its Starliner space capsule that will take two astronauts to the International Space Station. CBS News consultant Bill Harwood breaks down Boeing's mission.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Prosecutors called their next witness, Deborah Tarasoff, to the stand in former President Donald Trump's New York criminal trial. Tarasoff served as an accountant at the Trump Organization for 24 years. CBS News investigative reporter Graham Kates has more.
Most parts of Texas are still drying out after more than a week of heavy rains and severe flooding. Authorities are warning residents about more potential severe weather ahead. CBS News correspondent Janet Shamlian has more.
Tanzania and Kenya are dealing with the aftermath of a major cyclone that brought heavy rain and high winds, adding to the weeks of deadly flooding throughout the region. Anne Soy, senior Africa correspondent for CBS News' partners at BBC News, has more.
Israeli's war cabinet has voted to approve an offensive in Rafah, but says it will continue working toward a cease-fire. Earlier Monday, Hamas agreed to a cease-fire deal brokered by Egypt and Qatar, which an Israeli official said its negotiating team is "examining." CBS News foreign correspondent Imtiaz Tyab has more.
House Speaker Mike Johnson is expected to meet with Republican Representative Marjorie Taylor Greene on Monday, CBS News has learned. Greene is threatening to move forward with a resolution to oust Johnson from his post this week. CBS News congressional correspondent Nikole Killion has more.