Sony's shares fell 13% on Wednesday, its biggest drop since October 2008, wiping $20B off its valuation, after Microsoft announced its Activision deal
Sony Group Corp. shares fell 13% in Tokyo on Wednesday, their biggest drop since October 2008, after PlayStation rival Microsoft Corp. announced …
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Related Coverage
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Discussion
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Xbox Wire
Phil Spencer
on x
Welcoming the Incredible Teams and Legendary Franchises of Activision Blizzard to Microsoft Gaming
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Pure Xbox
Pure Xbox
on x
Sony Stock Value Drops By $20 Billion After Microsoft Buys Activision Blizzard
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@serkantoto
@serkantoto
on x
Sony stock closed -12.79% or -US$20 billion in terms of market cap in Tokyo (where it's already Wednesday). That is more than what Take-Two is worth right now. Total overreaction of course, but gaming tends to emotionalize investors in strange ways. https://twitter.com/...
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@falkoopa_
@falkoopa_
on x
This is way more vicious than the console wars of the 90s. Jesus https://twitter.com/...
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@itsjuliahardy
Julia Hardy
on x
Remember when some years back some of ya were shouting at Xbox 'C'mon where are all the games?' I think Phil took it literally and just got all the games https://twitter.com/...
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@grace_dustin
Grace Dustin
on x
not to be dramatic, but I wouldn't be who I am today without Xbox. they made a game about super soldiers fighting an interstellar war accessible to 9-year-old me, and transformed the way so many of us thought about gaming & community 💚 https://twitter.com/...
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@thetreavor
Treavor Bettis
on x
Gamers for years: “lol Microsoft has no exclusives” *Microsoft buys Bethesda* Gamers: “wait” *Microsoft buys Activision* Gamers: “Stop!” https://twitter.com/...
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@garrett_archer
@garrett_archer
on x
World of Windows where the end game boss is clippy. https://twitter.com/...
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@farmerdbrown
@farmerdbrown
on x
Microsoft is buying game maker Activision Blizzard for $69 billion, a huge bet on the metaverse. That is more that 3x the ENTIRE Metaverse & GameFi crypto market cap of $22 billion across 227 tokens. https://www.nytimes.com/...
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@cyynapse
@cyynapse
on x
ngl, i dont like this. i hate activision, but i also hate monopolies even more https://twitter.com/...
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@sanzay
Sanjay Golchha
on x
“Microsoft to Buy Activision Blizzard for Nearly $70 Billion” Just as a perspective: Nepal GDP: 33 bn Microsoft Nokia deal: 7 bn Global steel industry: 290 bn Global gaming industry: 200 bn Crazy gaming industry!! https://www.nytimes.com/...
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@kellen_browning
Kellen Browning
on x
Latest version of our story on the blockbuster Microsoft-Activision deal, with quotes from Bobby Kotick and Phil Spencer, who gets a new title (CEO of Microsoft Gaming). With @KYWeise @andrewrsorkin @m_delamerced https://www.nytimes.com/...
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@agentbizzle
Brian Altano
on x
Seeing a lot of folks irked that this NYT headline contains the word “metaverse” but that word is directly written multiple times in the official Xbox + Activision Blizzard press release. It's clearly a thing they're investing in, whatever the fuck it actually pans out to be. htt…
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@t1
@t1
on x
Read about it kids: https://www.nytimes.com/...
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@y2k_mindset
@y2k_mindset
on x
It's sort of weird to see this metaverse framing in multiple headlines/articles about the deal, they're already moving the goalposts and having “all of video games” count as the metaverse https://twitter.com/...
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@richgel999
Richard Geldreich
on x
In the early 2000's I was working around a lot of ex-EA refugees. Their companies were bought out, ran into the ground and shut down. Hopefully MS is not the next EA. https://twitter.com/...
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@weaponoutfitter
@weaponoutfitter
on x
Makes sense. Microsoft and Valve are actually super kind to small companies like me that can provide firearms and concept references and credit us, unlike the douchebags at Activision Blizzard who just stole my shit LMAO https://www.nytimes.com/...
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@kellen_browning
Kellen Browning
on x
I'm sorry, is this saying Bobby Kotick thought he could shift the narrative around Activision by...buying Kotaku? https://www.wsj.com/... https://twitter.com/...
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@wario64
@wario64
on x
“Mr. Kotick has been eager to change the public narrative about the company, and in recent weeks has suggested Activision Blizzard make some kind of acquisition, including of gaming-trade publications like Kotaku and PC Gamer” https://www.wsj.com/... https://twitter.com/...
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@dkdynamite1
@dkdynamite1
on x
There's actually no way this is real.. right? what in the actual.. https://twitter.com/...
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@joshgamnchannel
@joshgamnchannel
on x
What a scumbag! “Let's buy a gaming news publication so we can print lies about ourselves and pretend everything is fine and that we don't sexually harass our employees!” https://twitter.com/...
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@triforcemeg
Meg Bethany Koepp
on x
Instead of trying to buy out publications to stop them reporting on all the insidious goings on at your shitty company, how about you put as much effort into stopping harassment in the workplace and treating your employees like human beings https://twitter.com/...
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@six6jiang
Sisi Jiang
on x
*looks directly into the camera like i'm on the office* damn trust exec types to not know about editorial independence https://twitter.com/...
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@tomwarren
Tom Warren
on x
imagine if Activision owned Kotaku❗❗❗ https://twitter.com/...
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Pure Xbox
Pure Xbox
on x
Activision Looked For Other Buyers Before Accepting Xbox Offer
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@tieguytravis
@tieguytravis
on x
I have a friend whose first day at Activision was this past Monday. He left his job at Microsoft for the position.
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@witch_cass
@witch_cass
on x
WSJ effectively confirming that the sale to Microsoft is an attempt to rehabilitate Activision-Blizzard's image. https://twitter.com/...
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@jordannovet
Jordan Novet
on x
‘Activision made calls to try to find other interested parties, said the people ... . Those included Facebook parent Meta Platforms Inc. and at least one other big company. But no other serious interest materialized.’ https://www.bloomberg.com/...
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@imranzomg
Imran Khan
on x
I'm so mad we didn't shit on Kotick enough that he threatened to buy us https://twitter.com/...
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@_hanatwothree
Hana Kim
on x
“what if we bought the news so they stop being mean to me? is that on the table?” https://twitter.com/...
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@business
@business
on x
Pressure over sexual-misconduct allegations at Activision spurred Microsoft to reach out and engage in merger talks https://www.bloomberg.com/...
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@stephentotilo
Stephen Totilo
on x
Bloomberg reports that Activision, initially hesitant to sell to Microsoft, tried to see if Facebook/Meta would buy them. https://www.bloomberg.com/...
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@martinsfp
Martin Sfp Bryant
on x
Bloomberg says Activision Blizzard received an acquisition offer from Microsoft late last year amid the scandals, and no-one else was interested in buying. https://www.bloomberg.com/...
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@davidgura
David Gura
on x
Xbox head Phil Spencer reportedly “said he and Microsoft's gaming leadership team were ‘disturbed and deeply troubled by the horrific events and actions’ at Activision. “Behind the scenes, Spencer was working on a merger approach.” https://www.bloomberg.com/...
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@gregisenberg
Greg Isenberg
on x
Activision Blizzard sold for $70b today and the community is going to see $0 from this Play-to-earn couldn't come sooner.
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@dinabass
Dina Bass
on x
Microsoft is nearing a deal to buy Activision Blizzard, sources tell us. Deal value is nearly $70 billion. Story on @TheTerminal
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@jasonschreier
Jason Schreier
on x
BREAKING: The WSJ reports that Microsoft is buying Activision Blizzard, the troubled publisher behind Call of Duty and World of Warcraft, which has been facing crisis over the last year following numerous reports of sexual misconduct and discrimination. A seismic gaming deal
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@satyanadella
Satya Nadella
on x
Together with @ATVI_AB, we will usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive, and accessible to all. https://news.microsoft.com/...
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@charlieintel
@charlieintel
on x
NEW: Activision Blizzard CEO Bobby Kotick sent out the following email to the company today. He says that the deal is expected to only close June of 2023, meaning Activision will remain independent until then. https://twitter.com/...
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@xbox
@xbox
on x
Xbox is committed to our journey for inclusion in every aspect of gaming. We hold all teams to this commitment. We're looking forward to extending our culture of proactive inclusion to the great teams across Activision Blizzard.
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@ashleyesqueda
@ashleyesqueda
on x
I think all I need to say is this: Microsoft wants to be the Netflix of games before NETFLIX can become the Netflix of games. There we go. I did it. No thread required.
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@jonerlichman
Jon Erlichman
on x
Microsoft's biggest acquisitions: Activision Blizzard: $68.7 billion Linkedin: $26.2 billion Nuance: $19.7 billion Skype: $8.5 billion ZeniMax: $7.5 billion GitHub: $7.5 bilion Nokia phone unit: $7.2 billion aQuantive: $6.3 billion Mojang (Minecraft): $2.5 billion
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@zhugeex
Daniel Ahmad
on x
A reminder of the approach that Microsoft is taking towards gaming, which is informing its M&A strategy As the value of IP, content and talent grows, the Xbox business is placing its bets on ensuring it can increase the value of game pass and reach all players across all devices …
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@pucknorris
Vivek Sharma
on x
What a time to be alive! Some thoughts on Microsoft + ActiveVision with my usual caveat of these being my own musing and nothing much to do with our work at Meta 1/
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@adriennelaw
@adriennelaw
on x
Since California sued Activision in July for workplace sexual harassment, its shares have fallen 27%—allowing Microsoft to scoop up the company at a deal. Maintaining a culture that mistreats people is bad for business. Execs can't afford to ignore this. https://www.nytimes.com/.…
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@microsoft
@microsoft
on x
When Candy Crush and CoD become your actual job. Microsoft x Activision Blizzard. 🎮❤️📱 https://news.microsoft.com/... https://twitter.com/...
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@kristyt
@kristyt
on x
The fact that Microsoft will own LinkedIn and Call of Duty is kind of mindblowing.
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@edzitron
Ed Zitron
on x
What the hell does that mean https://twitter.com/...
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@jasonschreier
Jason Schreier
on x
I'm on vacation today (lol) but if I were not I would be calling up some antitrust experts because Xbox buying Bethesda and now Activision sure seems like the type of horizontal merging that the DOJ frowns upon
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@damianburns
Damian Burns
on x
Is Meta still blocked from buying a gif company?
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@anildash
@anildash
on x
It's not a big bet on “the metaverse”, it's a big bet on the (already-multi-billion-dollar) Xbox Game Pass subscription business, and the paper of record should know better than to just recite buzzwords unquestioningly. https://t.co/SmEsjYvoVF
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@andrewrsorkin
Andrew Ross Sorkin
on x
This deal is about one thing and one thing only: The battle for the metaverse. It would catapult MSFT way ahead of Meta (formerly Facebook.) Will companies like Meta, Apple, Amazon + Alphabet go to DC to object? Can they do so given the scrutiny on them? https://www.nytimes.com/.…
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@aarongreenberg
@aarongreenberg
on x
Love this focus from Satya and Phil, proud of the team and culture we have here at Xbox/Microsoft. It's encouraging to get so many positive messages from folks working inside the Activision Blizzard teams who are so happy about what this means for their future. 💚 https://twitter.…
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@jasonschreier
Jason Schreier
on x
While monopolies are undoubtedly bad news for the video game industry, this acquisition could have some positive effects on Blizzard both culturally and strategically. Under Activision, every game had to be a billion-dollar franchise. Under Xbox, that will likely change
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@atvi_ab
@atvi_ab
on x
We are joining the @Xbox family. Learn what this means for our iconic games and player communities: https://activisionblizzard.com/ ... https://twitter.com/...
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@scottjohnson
Scott Johnson
on x
I'd have a VERY different feeling about today's news had it been Facebook doing the buying... https://twitter.com/...
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@mkbhd
Marques Brownlee
on x
Just a casual reminder Facebook bought Instagram for $1 billion in 2012 and that was a HUGE deal
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@technology
@technology
on x
3. Bypass App Store Fees. CEO Satya Nadella wants his gaming empire to be big enough that gamers will come to it directly, bypassing Apple. Microsoft has been at war with Apple, and Google, over the fees the app stores charge for games https://www.bloomberg.com/... https://twitte…
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@technology
@technology
on x
4. Metaverse. Gaming is one of Microsoft's two big metaverse plays (the other is Office and conference software). The acquisition will offer even more massive and devoted game communities to create their own metaverses https://www.bloomberg.com/... https://twitter.com/...
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@richlightshed
@richlightshed
on x
$900 billion Facebook cannot buy Giphy for ~$400 million but... $2.3 trillion Microsoft can buy Activision for $69 billion https://twitter.com/...
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@technology
@technology
on x
5. The Three C's. Nadella's corporate strategy has been coalescing around cloud, content and creators. After failing to land social video service TikTok, Pinterest and Discord, Activision is the latest try, and this time it looks to be successful https://www.bloomberg.com/...
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@ldignan
Larry Dignan
on x
$MSFT buying Activision for $67.8B is like buying a movie studio at a discount. Microsoft CEO Nadella: “Our vision is for a river of entertainment where the content and commerce flow freely.” https://www.techmeme.com/... https://twitter.com/...
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@technology
@technology
on x
2. Mobile: It's the fastest-growing segment of gaming. Activision owns mobile-gaming studio King, maker of Candy Crush, one of the most popular mobile games of all time. Microsoft has next-to-no presence in mobile gaming https://www.bloomberg.com/... https://twitter.com/...
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@richlightshed
@richlightshed
on x
Apple does not really buy things Facebook can't buy big things Google can't buy big things Amazon unclear what they can buy (MGM??) vs Microsoft “open season” for acquisitions https://twitter.com/...
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@stopskeletons
@stopskeletons
on x
It only took a $70 billion deal and Microsoft to tread deep back into the waters of monopolistic behavior but Kotick is out. ...victory?? https://twitter.com/...
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@levie
Aaron Levie
on x
Activision is essentially the “Microsoft Office” of the metaverse. Just as the productivity suite was the killer app of PCs, games are the killer app of VR. More and better games drive platform adoption, and accelerate the flywheel of better ecosystems as more users join.
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@alexeheath
Alex Heath
on x
Lol yep https://twitter.com/...
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@paultassi
Paul Tassi
on x
ATVI workers appear to be happy about the sale given the changes it could mean https://twitter.com/...
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@andrewyang
Andrew Yang
on x
The Microsoft acquisition of Activision Blizzard is a game changer - and positions them much better for a virtual future. It's also just enormous in scale. https://www.cnbc.com/...
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@ericnewcomer
Eric Newcomer
on x
my 2 cents on Microsoft+Activision antitrust: Microsoft should be allowed to accrue so much power in PC gaming that they can finally force a Windows gaming tithe for Microsoft equivalent to the mobile app stores. AND THEN the logic of mobile app stores rake will finally crumble
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@snazzyq
Quinn Nelson
on x
Why are we now using the term “metaverse” as if it actually means anything...? https://twitter.com/...
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@joshmunsee
Josh Munsee
on x
Excited that #Xbox marketing team will be back reporting directly to @XboxP3 . One team. One Xbox. One Microsoft. 🙌 https://twitter.com/...