What challenges does Microsoft’s $69 billion Activision deal face?
The U.S. Federal Trade Commission on Thursday asked an appeals court to temporarily stop Microsoft's $69 billion acquisition of video game maker Activision Blizzard, hours after a federal judge rejected a similar request.The deal is facing varying responses around the world from regulators. WHAT IS THE ACTIVISION DEAL?Microsoft announced the Activision bid in January last year to boost its firepower in the booming videogaming market, take on leaders Tencent and Sony, and lay the base for its investment in metaverse and…