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PS6 Release Date And Price Are Still Up In The Air, Sony Says

PS6 Release Date And Price Are Still Up In The Air, Sony Says https://ift.tt/h4dIM8R In its latest financial results, Sony revealed that it has yet to determine pricing or a launch date for the PlayStation 6 . While the console hasn't been officially unveiled yet, Sony did mention that it is increasing investment in its "next-generation platform" while also working out how to deal with the global component shortage crisis driven by various global factors currently. Responding to questions, Sony president and CEO Hiroki Totoki explained that the rising costs for vital components like RAM would have an impact on its PS6 plans. "We have not yet decided on at what timing we will launch the new console, or at what prices," Totoki said during the call. "We would like to really observe and follow the situation. Looking at the current circumstances, the memory price is also expected to be very high in the Financial Year 2027, because there will still be a shortag...
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Microsoft's Deal To Buy Activision Blizzard Fully Approved In South Africa Amid FTC Case In US

Microsoft's Deal To Buy Activision Blizzard Fully Approved In South Africa Amid FTC Case In US https://ift.tt/6Yzcdmn

Microsoft's deal to buy Activision Blizzard has been approved by another global regulatory body. South Africa's Competition Commission announced on April 17 that Microsoft has unconditional approval to close the deal through its sub-division called Anchorage (as of July 3, the recommendation to approve the deal has now been fully completed). This follows approvals of the deal in Saudi Arabia, Brazil, Serbia, Chile, and Japan. All of this is happening against the backdrop of the ongoing Microsoft/Activision Blizzard merger lawsuit in the US involving the FTC.

"The South African Competition Commission recommended approval of our merger with Microsoft based on a thorough review of the facts about competition in the gaming industry. We appreciate this additional affirmation from an important global regulator," Activision Blizzard CEO Bobby Kotick said in a press statement.

The Competition Tribunal in South Africa has now "unconditionally approved" the merger. What happened here is the Competition Commission recommended that the Competition Tribunal approve the deal, and the Competition Tribunal has now done just that.

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