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At Close: Jun 05, 2026
Sony to buy ''Destiny'' videogame developer Bungie in $3.6bn deal
07:27am, Tuesday, 01'st Feb 2022 Business Recorder
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the "Halo" videogame and developer of "Destiny", in a deal valued at $3.6 billion, making it the latest in a wave of consolidations sweeping the gaming sector. Bungie will join Sony''s PlayStation family, the US company said in a blog post, as the Japanese conglomerate strengthens its network of in-house gaming studios behind hits such as "Spider-Man" to take on cash-rich rivals. Microsoft Corp, whose XBox consoles have long lagged Sony''s PlayStation in sales, pitched a whopping $69 billion for "Call of Duty" maker Activision Blizzard earlier in January. "While this is one of Sony''s biggest-ever acquisitions, the amount paid by Microsoft puts into context the heavy competition faced in this sector," said Piers Harding-Rolls, gaming analyst at Ampere Analysis. Sony ends down nearly 13 percent on Microsoft Activision deal Bellevue, Washington-based Bungie, which was owned by Microsoft before going private in 2007, had worked on the "Halo" videogame series when it was under the software giant.
Microsoft Is Making Windows 11 More Intuitive With 3D Emojis
06:32am, Tuesday, 01'st Feb 2022 CNN-News18
The Windows UK Twitter account also mentioned the new 3D emoji for Windows 11.
US FTC to review Microsoft’s $68.7-billion deal for Activision – report
05:56am, Tuesday, 01'st Feb 2022 Rappler
The US antitrust review of Microsoft’s $68.7 billion proposed acquisition of Call of Duty maker Activision Blizzard will be handled by the Federal Trade Commission (FTC), Bloomberg News reported late on Monday, January 31, citing a person familiar with the matter. The FTC, instead of the Justice Department, will investigate whether the takeover will harm competition, the report said. Microsoft, Activision and FTC did not immediately respond to Reuters requests for comment. The deal announced by Microsoft in January is its biggest-ever and is set to be the largest all-cash acquisition on record. It will bolster Microsoft’s firepower in the booming videogaming market where it takes on leaders Tencent Holdings Ltd and Sony Group Corp. In a wave of consolidations sweeping the gaming sector, Sony said on Monday it will acquire Bungie Inc , the original creator of the Halo videogame and developer of Destiny , in a deal valued at $3.6 billion. In a bid to toughen merger guidelines, the FTC and the Justice Department had last month issued a joint statement saying that industries had become increasingly concentrated and a surge in merger filings in 2020 and 2021 signaled the situation will worsen.
Podcast: Sonys $3.6B Bungie deal, explained
01:41am, Tuesday, 01'st Feb 2022 GeekWire
The latest jaw-dropping deal in video games is Sony Interactive Entertainments agreement to buy Bellevue, Wash.-based Bungie, maker of the Destiny series of online multiplayer first-person shooter games, originally known for developing Halo for Microsofts Xbox. RELATED STORY Analysis: Sony buying Bungie is the counter-move we were waiting for Bungie was spun out of Microsoft in 2007 and has operated as an independent company in the meantime. Its expected to be an independent Sony Interactive Entertainment subsidiary and continue to operate under its current management. Bungie is promising to expand its 900-person employee base and move into new areas of entertainment Read More
Sony to buy Destiny videogame developer Bungie in deal worth $3.6 billion
11:52pm, Monday, 31'st Jan 2022 Rappler
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the Halo videogame and developer of Destiny , in a deal valued at $3.6 billion, making it the latest in a wave of consolidations sweeping the gaming sector. Bungie will join Sonys PlayStation family, the US company said in a blog post , as the Japanese conglomerate strengthens its network of in-house gaming studios behind hits such as Spider-Man to take on cash-rich rivals. Microsoft, whose Xbox consoles have long lagged Sonys PlayStation in sales, pitched a whopping $69 billion for Call of Duty maker Activision Blizzard earlier in January. While this is one of Sonys biggest-ever acquisitions, the amount paid by Microsoft puts into context the heavy competition faced in this sector, said Piers Harding-Rolls, gaming analyst at Ampere Analysis. Bellevue, Washington-based Bungie, which was owned by Microsoft before going private in 2007, had worked on the Halo videogame series when it was under the software giant.
Big video game companies just can’t stop buying studios
11:07pm, Monday, 31'st Jan 2022 The Verge
Sony’s deal to acquire Destiny maker Bungie caps what’s been an absolutely massive month for gaming acquisitions. And it hasn’t just been Sony, Microsoft, and Take-Two that have opened their wallets as of late.
Big video game companies just cant stop buying studios
11:07pm, Monday, 31'st Jan 2022 The Verge
Sonys deal to acquire Destiny maker Bungie caps whats been an absolutely massive month for gaming acquisitions. And it hasnt just been Sony, Microsoft, and Take-Two that have opened their wallets as of late.
4 Stocks To Buy The Dip - Zscaler, Microsoft And More
10:12pm, Monday, 31'st Jan 2022 Seeking AlphaMicrosoft Still Believes in This Popular Product
09:39pm, Monday, 31'st Jan 2022 The Street
People are ''without a doubt'' the most difficult emoji category, a Microsoft designer says.
Sony Announces Its Acquiring Bungie For $3.6 Billion
09:30pm, Monday, 31'st Jan 2022 State Of Press
Sony Interactive Entertainment has announced it is purchasing Bungie for $3.6 Billion. That means the studio that created Halo and Destiny is coming under the PlayStation umbrella. Sonys announcement caps off an acquisition-heavy January that saw Take-Two buy Zynga for $13 billion and Microsoft announce plans to acquire Activision Blizzard for $68.7 billion. Bungie posted
Nancy Pelosi''s Son Becomes Subject Of Sixth FBI Investigation
09:20pm, Monday, 31'st Jan 2022 Zero Hedge
Nancy Pelosi''s Son Becomes Subject Of Sixth FBI Investigation Submitted by ''Blueapples''. Although she''s most recently announced her intent to run for re-election of the congressional seat that she holds as Speak of the House, perhaps Nancy Pelosi has a 2024 presidential run on her mind. While there''s no indication of that directly from her camp, there may be reason to presume she is given that her son Paul is doing his best Hunter Biden impersonation. Already amidst controversy, Paul Pelosi Jr. became the subject of a sixth FBI investigation following news that he was previously involved in five different companies suspect of fraud and associated with convicted criminals. The sixth of these investigations places the speaker''s son at the core of a fraud investigation against Rodrigo Santos, the former President of the San Francisco Building Inspection Commission who now holds the role of a city permit expediter. Santos and another commission official named Bernard Curran were indicted in November in a case that has been rumored to include Paul Pelosi.
Sony buying video game developer Bungie in $3.6 billion deal
07:53pm, Monday, 31'st Jan 2022 New York Post
Sony is buying prominent video game developer Bungie for $3.6 billion a blockbuster deal that underscores the intense competition between the PlayStation maker and its chief rival, Microsoft.
Sony answers Microsoft''s acquisition of Activision Blizzard by purchasing Bungie for $3.6...
07:23pm, Monday, 31'st Jan 2022 TechSpot
Sony Interactive Entertainment President and CEO Jim Ryan said he wanted to be clear with the community that Bungie will remain an independent and
Let the Trends Be Your Friends With Microsoft Stock
07:10pm, Monday, 31'st Jan 2022 InvestorPlace
After the Fed threaded the needle, the Street is warming up to Microsoft again, and MSFT stock has multiple, positive, other catalysts.
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