- Home
- Technology
- News
Microsoft to buy US gaming giant Activision-Blizzard for $69 bn
Microsoft announced Tuesday a $69 billion deal to purchase US gaming giant Activision Blizzard


Microsoft to buy US gaming giant Activision-Blizzard for $69 bnMicrosoft to buy US gaming giant Activision-Blizzard for $69 bn.
Microsoft announced Tuesday a $69 billion deal to purchase US gaming giant Activision Blizzard, the firm behind hits like "Call of Duty" that has been hit by allegations of sex discrimination against women.
"This acquisition will accelerate the growth in Microsoft's gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse," Microsoft said in a statement.
Activision, the California-based maker of "Candy Crush" has been hit by employee protests, departures, and a state lawsuit alleging it enabled toxic workplace conditions and sexual harassment against women.
Over the past seven months the company has received about 700 reports of employee concerns over sexual assault or harassment or other misconduct, in some cases separate reports about the same incident, The Wall Street Journal has reported.
Nearly 20 percent of Activision Blizzard's 9,500 employees have signed a petition calling for CEO Bobby Kotick to resign.
Source: AFP

CTD foils major attack in Taunsa Sharif; Five terrorists eliminated
- 12 hours ago

Muharram 9 central processions underway in major cities
- 10 hours ago

Martyrdom of Hazrat Imam Hussain to be solemnly observed tomorrow
- 5 hours ago

Mobile phone service starts shutting down in Karachi
- 11 hours ago

Microsoft to shut down office in Pakistan, lay off 5 employees
- 12 hours ago
Firing in Bannu leaves jirga member killed, three wounded
- 6 hours ago

Maple Leafs trade Marner to Knights, sources say
- 9 hours ago

Federal govt debt reaches all-time high in Pakistan’s history
- 11 hours ago

Rookie Bueckers, Ogwumike named ASG starters
- 9 hours ago

Crackdown in Punjab against illegal possession of lions, 4 people arrested
- 11 hours ago
PM Shehbaz, President Erdogan, President Ilham camaraderie manifests close, fraternal ties
- 8 hours ago

Drugs worth over Rs9mn seized in anti-smuggling operations
- 12 hours ago