TOKYO— Sony Group Corp. SONY -0.56% finds itself in a position many gamers could appreciate, having climbed to the highest level only to discover that an old foe is still lurking around—and getting stronger. Microsoft Corp.’s MSFT -2.66% proposed $75 billion acquisition of videogame publisher Activision Blizzard Inc. ATVI -1.06% would give it control over […]
Companies must know what is inside their technology to secure it against hackers and prevent the type of upheaval seen at the end of 2021 due to a flaw in the free, widely used Log4j software, officials and analysts say. Disclosure of the vulnerability, which allows hackers to breach systems with relative ease, in early […]
WASHINGTON—A $250 billion spending initiative to boost U.S. investment in high-tech research and manufacturing has stalled in the House, despite lawmakers’ increasing concerns over global competitiveness. The Senate passed its version—dubbed the U.S. Innovation and Competition Act—last year with bipartisan supporters, saying the U.S. needs to make big investments in science and technology to meet […]
Microsoft Corp. in its planned purchase of Activision Blizzard Inc. will take on a company with a troubled reputation surrounding its workplace culture, but the risks stemming from those problems are far from insurmountable, deals experts said. Microsoft’s announcement this week that it intends to purchase the videogame company in a $75 billion all-cash deal […]
Twitter Inc. TWTR -6.60% will start allowing some users to use nonfungible tokens as their profile pictures, jumping into a digital-goods business that has exploded over the past year. The feature, launching Thursday, is being offered to users of Twitter’s Blue subscription service. It marks the company’s biggest push thus far into NFTs, which are […]
During a roughly 15-minute investor and media call shortly after the Tuesday announcement, executives from Microsoft and Activision mentioned the term “metaverse” more than 10 times. “When we think about our vision for what a metaverse can be, we believe there won’t be a single centralized metaverse,” Microsoft Chief Executive Officer Satya Nadella said on […]
Instagram creators will be able to offer paid subscriptions to users who want exclusive content, under a service the platform is testing in the U.S. Photo: Florent Moreau/Zuma Press Updated Jan. 19, 2022 3:32 pm ET Instagram is launching trials of a subscription service that allows users to pay for extra content from creators, as […]
Microsoft Corp.’s MSFT -0.57% acquisition of Activision Blizzard Inc. ATVI -0.47% aims to shake up the game industry by expanding the software giant’s library of blockbuster videogames and bolstering its efforts to entice consumers to its cloud-gaming service. The planned $75 billion deal would be Microsoft’s biggest ever and its most ambitious investment yet in […]
SINGAPORE—China has notified some companies of new rules that would require the country’s biggest internet firms to seek approval for investment deals, a mechanism that is likely to curb domestic technology giants from growing even bigger through acquisitions, according to people familiar with the issue. The country’s top internet regulator, the Cyberspace Administration of China, […]
WASHINGTON—Big technology companies and their critics are ramping up lobbying efforts in Congress this week as a key Senate panel takes up legislation that seeks to blunt the market power of dominant tech platforms. The antitrust legislation, set to be considered by the Senate Judiciary Committee Thursday, would bar dominant online platforms such as Amazon.com […]