Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Dado Ruvic | Reuters Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision Blizzard, removing the last major hurdle for the deal to close. … Read more
Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Media stocks — A handful of media and studio stocks rose Wednesday after the nearly 150-day writer strike ended. Shares of Warner Bros. Discovery and Paramount Global jumped more than 2.5%, while Comcast added 0.9%. Disney hovered near the … Read more
Herman Narula, co-founder and CEO at Improbable, speaks during a session at the Web Summit in Lisbon. Henrique Casinhas | Sopa Images | Lightrocket | Getty Images Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company pivot its focus to powering new “metaverse” experiences. … Read more
Rafael Henrique | Lightrocket | Getty Images Ads are coming to Amazon’s Prime Video. The company announced Friday that its streaming service — a part of Prime subscriptions that cost $14.99 a month — will now have limited ads in its TV series and movies. Advertising on Prime Video, known for shows such as “The … Read more
Folks carry indicators as SAG-AFTRA members stroll the picket line in solidarity with putting WGA staff outdoors Netflix places of work in Los Angeles, July 11, 2023. Mario Tama | Getty Photographs Information | Getty Photographs Picket indicators have lined the gates of Hollywood’s studios for almost 5 months, because the trade’s writers and actors … Read more
The Tesla Inc. Mannequin Y electrical automobile throughout the launch in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023. Samsul Mentioned | Bloomberg | Getty Photographs This report is from right now’s CNBC Every day Open, our new, worldwide markets publication. CNBC Every day Open brings traders on top of things on the whole lot … Read more
Scene from “Squid Sport” by Netflix Supply: Netflix The recognition of Netflix’s hit drama “Squid Sport” and different Korean sequence, in addition to the current success of movies like “Minari” and “Every thing In every single place All At As soon as,” has helped increase the demand for Asian language motion pictures and TV reveals … Read more