Microsoft (NASDAQ: MSFT) recently agreed to buy Activision Blizzard (NASDAQ: ATVI) in a $68.7 billion all-cash deal. It marks Microsoft's biggest acquisition ever and would presumably widen its moat against Sony (NYSE: SONY) in the console gaming market. In its press release, Microsoft declared the deal would also provide the "building blocks for the metaverse," a claim which many media outlets parroted without any deeper elaboration. Read More...
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Why $170 Million Is Not Enough for SpaceX Starlink
SpaceX Starlink is slowing down — and this time, I’m not just talking about connection speeds. When Starlink opened up to “beta” subscribers in October 2020, Elon Musk’s aggressive plan to bring broadband internet service to every person on Earth began with a rush, racking up 10,000 subscribers in its first three months. At first, adoption was quick, as Starlink racked up rural customers fleeing underpowered, overpriced internet service.
