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.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief.
More Must-Reads From TIME
- Why Cell Phone Reception Is Getting Worse
- The Dirty Secrets of Alternative Plastics
- Israeli Family Celebrates Release of Hostage Grandmother
- We Should Get Paid for Our Online Data: Column
- The COP28 Outcomes Business Leaders Are Watching For
- The 100 Must-Read Books of 2023
- The Top 100 Photos of 2023
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time
