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A World Health Organization spokesperson said a warehouse storing medical supplies in Kyiv Oblast, Ukraine, was attacked overnight.According to TASS, U.S. Special Envoy Witkov and Trumps senior advisor Kushner will first visit Moscow and then Kyiv.On September 4th, a conference to promote the authorized operation of national satellite navigation and positioning reference station network service data, jointly hosted by the Ministry of Natural Resources and the National Data Administration, was held at the China Surveying and Mapping Building in Beijing. This conference marks the official launch of the first public data authorized operation project in the field of national spatiotemporal information infrastructure. Satellite navigation and positioning reference stations are crucial national spatiotemporal information infrastructure and essential ground support for the BeiDou system to achieve high-precision services. The Ministry of Natural Resources has coordinated and integrated national reference station resources, establishing a legally authoritative, standardized, accurate, reliable, and secure reference station network that operates routinely. It has also established a "1+33" collaborative operation and maintenance management system for BeiDou application and reference service centers, providing unified national surveying and mapping reference services to the public and promoting unified planning, standards, and supervision of national reference stations.On September 4, JD Logistics (02618.HK) announced that Wu Hao has resigned as the companys chief financial officer due to his new position at JD Group. Mao Jun has been appointed as the companys chief financial officer, effective from September 4, 2026.Bilibili (BILI.O): The funds raised will be used to support Tencents ongoing share buyback program, enhance its artificial intelligence capabilities, and deepen user engagement.

Microsoft Claims Its $69 Billion Activision Acquisition Will Benefit Gamers

Charlie Brooks

Dec 23, 2022 11:50

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Microsoft stated Thursday that its $69 billion offer to acquire "Call of Duty" developer Activision Blizzard (NASDAQ:ATVI) will benefit both gamers and gaming firms.


Microsoft (NASDAQ:MSFT) made the claim in a brief aimed at persuading a judge at the U.S. Federal Trade Commission to approve the acquisition, after FTC commissioners warned the merger would impede competition in the gaming sector in a complaint filed this month to prevent the agreement.


In a complaint filed on December 8, the FTC expressed worry that Activision's popular titles, such as "World of Warcraft" and "Diablo," could no longer be available on devices that compete with Microsoft's Xbox. A hearing before an administrative law judge has been scheduled for August 2023.


President of Microsoft Brad Smith stated in mid-December that the business has offered to sign a legally enforceable consent decree with the FTC to supply "Call of Duty" games to competitors such as Sony (NYSE:SONY) and others for a decade.


"A single game purchase by the third-place console maker cannot destabilize a highly competitive industry. This is especially true when the maker has made it obvious that the game will not be withheld "Microsoft stated in a filing on Thursday.


Smith stated in a statement released this week that he remained confident in the company's legal position, but remained "committed to finding solutions with regulators."


Bobby Kotick, the chief executive officer of Activision, said in a statement on Thursday that he expects the firms will succeed in their legal battle with the trade commission.


The Biden administration has adopted a more robust antitrust enforcement strategy. The U.S. Department of Justice recently blocked a $2.2 billion merger between the world's largest book publisher, Penguin Random House, and its smaller U.S. competitor, Simon & Schuster.


The Microsoft transaction is also under examination outside the United States, with the European Union stating that it will determine whether to allow or ban the deal by March 23, 2023.

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