11/29/2022

Headline, November 29 2022/ ''' '' GROW TECH GRIT '' '''


''' '' GROW TECH

 GRIT '' '''



WITH ALMIGHTY GOD'S BLESSINGS : THE WORLD STUDENTS SOCIETY for every subject in the world, and the exclusive ownership of every student, is well positioned to grow as the biggest tech organisation in the world.

''IF YOU ALL - the esteemed and respected and loved and admired, 'the Global Founder Framers', continue to focus, respect every law, work hard and continue to sacrifice and share, in 2040, !WOW! will have a net worth and market value of over $200 billion dollars.''

''You could then, most easily, lend any developing country in the world a Credit Line of over $1 billion dollars for education, schools, social security and start-up capital. ''I have left intense tutorials with  'Hero Hussain'. Am I clear?

Rabo, Dee, Haleema, Sahar, Dr. Anne [UAE], Zilli, Lakshmi, Juniper, Suryia [Bangladesh], Emaan [LUMS], Hafza, Shahzaib, Jordan, Bilal, Sharayar, Salar, Ghazi Naqvi, Asad, Ali, Zaeem, Hamza, Ahsen [US], Danyial [UK], Sanaan [Germany], Toby [China], Vishnu[India], Maynah, Maria and Hannyia [Europe].''

GOOGLE - META - AMAZON AND APPLE HAVE ALL FACED increasing accusations that they are monopolies, and regulators have tried to block some of their smaller deals.

In recent weeks, Microsoft has accused Sony, its chief video game rival, of misleading regulators. Its lawyers have showed off game consoles, including an Xbox, to British officials. And the president of a major union that Microsoft wooed has spoken up on the company's behalf to the U.S. Federal Trade Commission.

The actions are part of a campaign by Microsoft to counter scrutiny of its $69 billion acquisition of the video game publisher Activision Blizzard, the largest consumer technology deal since AOL bought Time Warner two decades ago, and far bigger than Elon Musk's recent $44 billion buyout of Twitter.

Microsoft's aim is simple : persuade skeptical governments around the globe to approve the blockbuster takeover. Sixteen governments must agree to the purchase, putting Microsoft under the most regulatory pressure it has faced since the antitrust battles of the 1990s.

And in three key places - the United States, the European Union and Britain - regulators have begun deep reviews. The European Commission declared this month that it was opening an indepth investigation of the deal.

Microsoft's success or failure in gaining regulatory approval to buy Activision, which makes games such as Candy Crush and Call of Duty, will send a message about Big Tech's ability to expand in the face of mounting fears that industry giants wield too much power.

If Microsoft, whose public affairs operation has spent the past decade building the company's nice-guy reputation can't get a megadeal through, can anyone?

''If this deal had happened four years ago, this would hardly be of any interest,'' Brad Smith, Microsoft President, said in an interview. ''If one cannot do something easy, then we'll all know you can't do something hard.''

In July this year, the F.T.C. sued Meta, Facebook's Parent company, to stop it from buying Within, a virtual reality start-up. Last month, Britain forced Meta to sellGiphy, an image database it bought in 2020 for $315 million.

At the heart of regulators' concerns about the Activision deal is whether it violates antitrust laws by giving Microsoft outsize power in the video game industry. They worry that Microsoft could pull Activision's games away from competitors like Sony or use them to gain an unfair advantage as more games are streamed online.

Mr.Smith said Microsoft was open to formally agreeing to limits on its business practices to resolve antitrust concerns. But the United States and other countries increasingly regard such promises as insufficient, unless a company spins off part of its business.

MICROSOFT'S deal for Activision will demonstrate whether tech giants can navigate the new environment, said William E. Kovacic, a former F.T.C. chairman. ''It's a fundamental test,'' Mr.Kovaic said.

The road appears long. Of the 16 governments reviewing the deal, only Saudi Arabia and Brazil have approved it. Microsoft said that it expected Serbia to approve the deal shortly.

The most crucial regulators appear skeptical of tech giants. The F.T.C. is led by Lina Khan, a legal scholar and notable critic of Amazon. The European Commission has fined Google for violating antitrust rules and has opened an investigation into Microsoft's cloud service. In Britain, the Competition. and Markets Authority has become increasingly hostile to corporate deals.

In a statement, the Competition and Markets. Authority said it would release its findings on the deal in the ''new year''. The European Commission said its investigation is ''ongoing.'' The F.T.C. declined to comment on the deal.

WHEN MICROSOFT closed its $26 billion purchase of the networking service Linked in 2016 - at the time, its largest acquisition - the deal required just six government approvals. The Activision deal is ''substantially more resource-intensive,'' Mr. Smith said.

The Honour and Serving of the Latest Global Operational Research on Deals and Times and Big Tech, continues. The World Students Society thanks authors David Mccabe, and Karen Weise.

With most respectful dedication to the Global Founder Framers of !WOW!, Leaders, Students, Professors and Teachers of the world. See Ya all prepare and register for Great Global Elections on The World Students Society : wssciw.blogspot.com and Twitter - !E-WOW! - The Ecosystem 2011 :

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless

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