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Why trouble is still not over for Microsoft’s $69 billion deal with ‘Call of Duty’ maker

The European Union has approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard. The ruling accepted that the deal won’t stifle competition for popular console titles like Call of Duty and the US tech company’s remedies to boost competition in cloud gaming. The acquisition, sweetened by Microsoft's promises to automatically license Activision games to cloud gaming platforms, “would no longer raise competition concerns and would ultimately unlock significant benefits for competition and consumers,”…

Green light for €43bn EU Chips Act in big boost for bloc’s semiconductor industry

EU member states reached a provisional agreement on Tuesday for a €43 billion plan to bolster domestic production of semiconductor chips — essential components in everything from phones to cars and refrigerators. The EU Chips Act, proposed by the Commission in February of last year, looks to double the bloc’s global market share in semiconductors from 10% to 20% by 2030.  The act also seeks to build resilience in Europe’s semiconductor supply chain, which is highly dependent on a limited…

EU’s Breton tells Twitter to do more to comply with bloc’s tech rules

EU industry chief Thierry Breton on Tuesday told Twitter owner Elon Musk to do more to fully comply with the bloc's online content rules. "I welcome the effort that Twitter is making to be in line with Europe's objectives, while acknowledging that the next months will be crucial," Breton said after a video call with Musk. "We need to see more progress towards full compliance with the DSA. My team will follow closely the work made by Twitter and by all other online platforms," according to a readout of the call.