-
Meta pushes global AI vision amid race with OpenAI, Anthropic and China
-
Notts Forest owner Marinakis sues Palace over gun banner - reports
-
US judge ends graft case against India's Adani
-
Koech gets three-year ban, stripped of US 1,500m title
-
Anderson retires after 10 MLB seasons after 'too much pain'
-
Sensational Ingebrigtsen back with more European gold
-
Colombia in state of emergency as quake kills 111
-
'A scare': Brazil player leaps into tunnel in joy over goal
-
Britain's Amy Hunt wins European women's 100m gold
-
USA Swimming CFO Hilliard arrested for alleged theft
-
Trump order pushes for overhaul of childhood vaccine schedule
-
Trump insists Netanyahu relationship 'very good' despite Gaza rift
-
Global stocks mixed while oil prices jump on Hormuz
-
Ingebrigtsen delivers masterclass for seventh European athletics gold
-
Turkey MPs back historic law on reintegrating Kurdish militants
-
Colombia declares state of emergency after quake kills 111
-
'Dreams disappear' as Gaza students await evacuation to Italy
-
Golden relay double for Britain at Europeans as Marchand takes silver
-
Third European gold for Schilder in women's shot put
-
Barcelona's Araujo heads to Liverpool on loan
-
Golden relay double for Britain at Europeans as Marchand settles for silver
-
Tupac Shakur murder trial begins 30 years after rapper's death
-
US had hottest month on record in July
-
Russia bars only anti-war party from elections
-
Colombia quake leaves 69 dead, with more trapped under rubble
-
Boeing to divest tech ventures for stake in air-taxi startup
-
Bookmap Announces Partnership with Plus500 to Expand Futures Trading Access
-
Major quake rocks Colombia and neighbors, 18 confirmed dead
-
Barcelona turn down PSG offer for Torres
-
Brazil aircraft maker Embraer raises outlook after record revenue
-
Buildings collapse as major quake rocks Colombia and neighbors
-
Drought forces water restrictions across nearly 70 percent of France
-
Meta releases new AI model as Zuckerberg lays out vision
-
Europe wary as gas stocks languish at lows while winter looms
-
OFunded Enters the Prop Trading Market With Broker-Backed Infrastructure From OFinancial Markets
-
Freedom Holding Corp. Reports 40% Increase in Quarterly Revenue to $732.5 Million
-
What next for beleaguered FIFA president Infantino?
-
Stocks mostly flat with focus on US inflation
-
Greece contains new wind-driven fire near Athens
-
UK radio broke rules in announcing king's death: watchdog
-
Massive shake-up of Hungary media after Orban's exit
-
Europe braces for another summer heatwave
-
Days of heavy rain leave at least 16 dead in Philippines
-
Tentoglou keep bid for fourth Euro title on course, Nowicki misses out
-
Bezos consortium nears deal to buy Liverpool stake: report
-
MEXC Sponsors Yohani's Colombo Concert, Bridging Sri Lankan Culture and Global Digital Finance
-
Stocks mostly rise with focus on US inflation
-
Parts of Germany's Rhine could become unnavigable, group warns
-
Days of heavy rain leave at least 13 dead in Philippines
-
Base Markets Appoints Nazim Moussaoui as Head of Premium Clients and Partnerships
Microsoft seeks EU nod for Activision Blizzard bid with new offer
Microsoft said on Friday that it has offered formal commitments to the EU in its bid to persuade the bloc to approve its $69-billion takeover of video game giant Activision Blizzard.
Last year, Xbox-owner Microsoft launched a move to create the world's third biggest gaming company by revenue by purchasing the owner of hit games "Candy Crush" and "Call Of Duty", triggering antitrust concerns.
The European Commission, EU executive and the bloc's powerful antitrust authority, had been due to make a decision before April 25 but said it will now extend this deadline until May 22.
This will give Brussels more time to contact companies that may be concerned about the deal as well as users after Microsoft sent the commitments to the EU.
Neither Microsoft nor the commission would give details of the pledges submitted on Thursday.
The company has insisted the takeover will benefit customers and dismissed concerns about competition. Sony, Microsoft's bigger rival, strongly opposes the merger.
Microsoft has recently agreed deals with many companies to give access to games, including the smash hit "Call Of Duty" franchise.
"We have stood behind our promise to bring Call of Duty to more gamers on more devices by entering into agreements to bring the game to the Nintendo console and cloud game streaming services offered by Nvidia, Boosteroid and Ubitus," a company spokesperson said.
"We are now backing up that promise with binding commitments to the European Commission, which will ensure that this deal benefits gamers into the future," the spokesperson added.
Company executive Brad Smith was in Brussels last month for talks with EU officials, after which he said he was "more optimistic" about the deal's approval but he dismissed calls for Microsoft to sell hit games like "Call Of Duty".
Microsoft however faces a bigger hurdle from British regulators.
The UK's Competition and Markets Authority (CMA) said in provisional findings last month that the takeover could significantly harm competition and consumer choice. The CMA is to present its final report on or before April 26.
Y.Bouchard--BTB