sarahcardell
Microsoft has launched a renewed bid to acquire 'Call of Duty' maker Activision Blizzard. The corporation‘s initial $69 billion offer was halted by UK regulators, but a new twist in the buy-up saga could result in the largest deal in the gaming industry. Microsoft president Brad Smith said it had made a new offer that he hailed as “substantially different”, and insisted it should be approved by watchdogs. The UK Competition and Markets Authority (CMA) will review the deal – but said: “This is not a green light.” The proposed merger, announced in January 2022, has faced mixed reactions from glo...
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The UK's competition watchdog is set to investigate artificial intelligence (AI) tools such as ChatGPT. The Competition and Markets Authority (CMA) wants to establish if the language processing tool driven by AI technology that can be trained to sound like an individual is risky for consumers. The CMA has vowed to carry out an “initial review” of AI and the potential pros and cons. Sarah Cardell, chief executive of the CMA, said: “It’s crucial that the potential benefits of this transformative technology are readily accessible to UK businesses and consumers while people remain protected from i...
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