The boss of Activision Blizzard, in full campaigning mode in support of the gaming group’s $75bn sale to Microsoft, last month noted UK prime minister Rishi Sunak’s ambitions to become a European tech hub and quipped: “If deals like this can’t get through, they won’t be Silicon Valley, they’ll be Death Valley.” The deal, amid concerns that ownership of the blockbuster Call of Duty franchise could dull competition between Microsoft’s Xbox console and rivals such as Sony’s PlayStation, is mired in antitrust problems the world over. The Federal Trade Commission sued to block the transaction in December. Read More...

The boss of Activision Blizzard, in full campaigning mode in support of the gaming group’s $75bn sale to Microsoft, last month noted UK prime minister Rishi Sunak’s ambitions to become a European tech hub and quipped: “If deals like this can’t get through, they won’t be Silicon Valley, they’ll be Death Valley.” The deal, amid concerns that ownership of the blockbuster Call of Duty franchise could dull competition between Microsoft’s Xbox console and rivals such as Sony’s PlayStation, is mired in antitrust problems the world over. The Federal Trade Commission sued to block the transaction in December.