Everything from Candy Crush to Call of Duty, all irresistible to Microsoft. Activision-Blizzard is the maker of some of the most popular games in the world. SATYA NADELLA : This morning we announced that we will acquire Activision-Blizzard in an all-cash transaction valued at $68.7 billion.ĬHAKRABARTI: Microsoft CEO Satya Nadella announcing the largest acquisition in the company's history, and the largest ever in the video gaming industry. Well, last month, on January 18th, to be precise, Microsoft announced its latest acquisition, and it's a big one. Which is just off 2015's high of $1.5 trillion in global mergers, according to a report from the consulting and advisory firm Willis Towers Watson. Do you have a number? Was it more than a thousand? Because that's the answer. Just guess how many major corporate mergers or acquisitions took place globally last year, with a merger value of more than $100 million? Just guess.
Yesterday, we talked about how just four companies control almost 90% of the meatpacking market in the United States. A lot of it has been relatively hidden from view. But what isn't debatable? There's been a veritable frenzy of corporate consolidation recently in this country.
But monopolies are bad because they're bad for democracy.ĬHAKRABARTI: Of course, that is subject to debate, which is why we're having this series this week. Not simply because they threaten to, you know, lead to higher consumer prices or even necessarily undermine productivity and growth. Welcome to day two of our special weeklong series, More than money: The cost of monopolies in America, where we're taking a close look at this rather sweeping statement made by the current chair of the Federal Trade Commission, Lina Khan. Author of the Age of Betrayal: The Triumph of Money in America and editor of Colossus: How the Corporation Changed America.
Former chair of the Federal Trade Commission from March 2008 to 2009. ( Kovacic, professor of law and policy and director of the Competition Law Center at the George Washington University Law School. Guestsĭina Bass, tech reporter and Seattle Bureau Chief for Bloomberg News. Today, On Point: Our series “ More than money: The cost of monopolies in America” continues. Monopolies have always been defined as one big player in one market.īut now, the tech sector has a few giant players, pushing in a lot of markets. Are these mega-mergers a new kind of monopoly? It would be just one of Microsoft’s many acquisitions in just the past year.
Microsoft wants to buy Activision-Blizzard for almost $70 billion dollars. Listen: Part I of our series " More than money" here. Additionally, Microsoft Office 365 subscribers will no longer be able to redeem unique offers from partners after the Jdeadline.Microsoft is buying Activision-Blizzard for $68.7 billion to gain access to blockbuster games including Call of Duty and Candy Crush. The service allowed users to import nutritional information, stocks, and other data directly from Wolfram Alpha. Wolfram is also getting the axed after just two years.
What else is Microsoft removing from Office 365?
After the trial ends, you’ll be asked to pay $79 per year to continue using the service. The trial is only available to Microsoft Office 365 subscribers. Still, it is possible to get a 60-day trial if you visit the Tiller Excel page right now. However, one must bear in mind that Tiller is a subscription service, therefore, it’s not freely available. What can you use as a replacement?Īt the moment, Microsoft is recommending users to take advantage of Tiller, which is very much like Money in Excel. Also, if you save your Money in Excel workbook on your OneDrive, nothing will happen to it, according to Microsoft. The company says it will cease accessing your data after Money in Excel is no longer supported after June 30, 2023. We believe there are other areas where we can have a greater impact and will be focusing on those going forward. We’ve learned a lot from Money in Excel and appreciate the many needs people have for their families and their money. Here is what Microsoft had to say about why it plans to remove Money