Discover and read the best of Twitter Threads about #ActivisionBlizzard

Most recents (11)

#Microsoft and the @CMAgovUK will clash in the @CATribunal on Tuesday, May 30, for the first time: for a case management conference.

The CAT has just published a summary of Microsoft's grounds of appeal. Note that #ActivisionBlizzard also appealed, just not published yet.

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The court's summary is here:
catribunal.org.uk/sites/cat/file…

I will now discuss the grounds of appeal. Most of them are exactly as others and I had also expected. Some are interesting and were not foreseen in that particular form.

🧵2/X
Ground 1 attacks the part about Microsoft's "current position in cloud gaming services", starting with market definition, which is almost always the "holy grail" of antitrust cases. Think of Epic Games v. Apple (all mobile game distribution v. iOS-only app distribution).

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Read 40 tweets
The public part of the UK parliamentary oversight hearing on CMA's work has finally started.

Chair says "we're gonna ask about some topical cases ... most widely covered news is Microsoft-ActivisionBlizzard, please give us a quick summary"

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Sarah Cardell says decisions are taken by "independent" inquiry groups. But it is well-known that she very much pushed for the blockind decision. Also, "independent" doesn't necessarily mean that they make the right call.

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Mentions remedy proposed by Microsoft and now explains UK position: legislation required remedy to be comprehensive and effective. Well, same basically in the EU, but the Commission is not as unreasonable as the CMA, more pragmatic and consumer-focused.

🧵3/X
Read 27 tweets
The @CMAgovUK's chairman and CEO have to testify tomorrow before the Business and Trade Committee of the UK Parliament on "the work of the Competition and Markets Authority".

UK lawmakers will ask questions, hopefully also related to #Microsoft-#ActivisionBlizzard!
#UnblockABK Image
I haven't talked to him in a while, but I actually know the Chief Whip of the Conservative Party in the UK Parliament personally. We worked together in 2007 on an EU competition policy issue related to soccer broadcasting rights, and won a parliamentary majority for an amendment.
Richard Corbett (Labour) accused Chris Heaton-Harris in an EP debate of having proposed the amendment at my "behest", which was wrong. We just had a meeting about an EU Parliament resolution on sports policy and realized we shared the same perspective on how to confront an issue.
Read 4 tweets
The question came up what the #FTC would have to do to prevent the consummation #Microsoft's acquisition of #ActivisionBlizzard in a scenario where UK & EU cleared.

Due to a Twitter issue I have to post this thread tweet-by-tweet (publishing whole thread failed before).

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The FTC's in-house court can't prevent the consummation of the merger. The FTC needs to ask a United States District Court to enjoin (= bar) Microsoft.

It hasn't gone to such a federal court yet because prerequisite foreign approvals (especially UK & EU) are outstanding.

🧵2/X
Assuming UK approves in April, EU on May 22., the first question is whether the FTC will wait until the EC has formally decided (huge hurry then) or run to a federal court on the basis of an MLex or similar report that the EC is inclined to clear the deal.

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Read 10 tweets
LIVE NOW: Join us for updates from a Microsoft press briefing on the future of its Activision Blizzard deal
eurogamer.net/live-microsoft…
Microsoft is announcing a deal with Nvidia's GeForce. Xbox games will be available via GeForce Now - and this deal will include Activision Blizzard titles such Call of Duty, if and when Xbox owns it.
Microsoft is open to a deal with "guard rails" to appease regulators around the world, Microsoft's Brad Smith says.
Read 25 tweets
1/ A bit of conversation about EA and #ActivisionBlizzard. This last quarter demonstrated just how important KING has been for ActiBlizz, especially as engagement has fallen on #CallofDuty and many Blizzard products (Diablo Immortal helped pad Blizzard up a bit).
2/ Don't get me wrong, I'm actually engaged with many Blizzard products and I play plenty of Call of Duty, but between launches, it is clear that much of the consumer market isn't as engaged as they used to be. So where does that leave Acti and Blizz?
3/ In regards to segment income, each comes in roughly over 90 million USD this last quarter. Combined, and without King, that places those two segments under EA (the company) in regards to operating income. King is a mobile juggernaut so we need to set them aside for a moment.
Read 9 tweets
THREAD: A picture is worth a thousand words. Let's look at a few #ETF graphs & see if we can make some sense of the current market environment.

What a year it's been for #Oil & #Energy! Sharing only positive YTD #MSCI #Sector performance with #Financials.

$IXC $IXG
2/15

#EmergingMarkets #ETF seriously lagging #DevelopedMarkets ETF, mostly due to disinvestment from #China.

#SouthAfrica might need a lot of catch up, but $EZA 1YR performance in USD (+9.9%) is still ahead of $EEM (-11.3%)

$URTH
3/15

#Global #Value #stocks (#ETF) recently enjoyed short-term recovery, but still got some serious catch-up to do over the longer term.

$IWVL
Read 16 tweets
As an employee of Activision bound by a NDA, I can't disclose much about the corporate process going on right now. But I'd like to speak out. I don't want this to be forgotten. I don't want this to pass as other viral sensations take over the media. We, employees of ABK, are- 1/?
here, we are living this. We are concerned for ourselves, for the community, for the company, and the future of our careers. Some of my female coworkers are terrified of the way the system's in place have been abused and twisted to allow for such harrasment to pass on unseen- 2/?
or uncared for. We are all in shock, we are all in a state of anger, confusion, and fear. We want change. We did our walkout, we signed petitions, we've asked thousands of questions in corporate meetings. I know the community feels this same outrage just as the employees do. 3/?
Read 5 tweets
One of the main reasons woke people are despised is because people understand that the reason this people put so much effort into singing their virtues, acussing others and trying to win the moral superiority, is because they have some skeletons in their closet to hide/
And the most they try and the craziest their rethoric, the biggest the skeleton is. I can’t count the times that woke people attacking anime fans with accusations of “pedophilia” are outed as convicted pedophiles/
Read 8 tweets
Re: #ActivisionBlizzard Lawsuit

If you are a cisgender white man in the game industry do not let yourself end your participation with a tweet of "Gosh industry needs to change."

⚔️ You. Change it today. ⚔️

An inexhaustive list of ACTIONABLE ways to tip this power imbalance:
- share your salary / stock options with marginalized people of color, gender and women who you already know

If sharing directly feels too vulnerable, share anonymously here:

NA docs.google.com/spreadsheets/d…

UK
docs.google.com/spreadsheets/d…
- Carve out an hour out of each month for mentorship in your field for marginalized people of color, gender and women who you already know or through platforms like these:

gameheadsoakland.org/mentors/

pushfar.com/home/
Read 11 tweets
Shimon Peres 9th Prime minister of Israel and Edgar Bronfman Sr

Ehud Barak said Shimon introduced Epstein to him in 2002
archive.is/mIzpU#selectio… Image
Yitzhak Shamir 7th Prime Minister of Israel and Robert Maxwell
apnews.com/c9e38f64331c72…

He spoke at Maxwell's funeral

″Maxwell was a passionate friend of Israel and we are sorry about this heavy tragedy″

“He has done more for Israel than can today be told" Image
Ghislaine Maxwell’s last public appearance before her arrest was to support a charity for human trafficking victims
the-sun.com/news/1207068/g…
Read 138 tweets

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