Microsoft to gobble up Activision in $69 billion metaverse bet
Microsoft is investing $68.7 billion to acquire Activision Blizzard, the creator of the popular game "Call of Duty," in the largest transaction ever in the gaming industry. This move is part of the tech giant's effort to gain a foothold in the rapidly growing gaming market, where it will compete with Tencent and Sony. Microsoft is also betting on the potential of virtual online worlds, where people can work, play, and socialize, as many of its rivals are already doing.0
