Microsoft’s blockbuster $75bn acquisition of Activision may have been teetering on the edge of failure on Wednesday, but its shareholders had other things on their minds.
The software company’s shares jumped more than 7 per cent the day after it reported a resurgence in its cloud computing business and reiterated a determination to capitalise on its early lead in generative AI. If the UK’s Competition and Markets Authority’s announcement that it would block the Activision…
Read the full article here
