Xbox maker Microsoft stunned gamers in January by announcing plans to acquire Activision/Blizzard, publisher of Call of Duty and Overwatch. The company says the nearly $70 billion deal would help it serve the world’s 3 billion gamers. However, the planned tie-up, which sparked a wave of similar moves across the $200 billion gaming industry, has invited regulatory scrutiny. More broadly, CEO Satya Nadella’s Microsoft has been on a hot streak, beating expectations with $51.7 billion in revenue in the most recent quarter.
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