{"id":16988,"date":"2023-05-01T18:06:17","date_gmt":"2023-05-01T18:06:17","guid":{"rendered":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken"},"modified":"2023-05-01T18:40:14","modified_gmt":"2023-05-01T18:40:14","slug":"microsoft-says-confidence-in-uk-severely-shaken","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken","title":{"rendered":"Microsoft says confidence in UK \u2018severely shaken\u2019"},"content":{"rendered":"

Africa-Press – Sierra-Leone. <\/strong><\/span>Microsoft President Brad Smith has criticized the UK\u2019s decision to block its purchase of US gaming company Activision, saying the European Union would be a more favorable location to start a business.<\/p>\n

The UK\u2019s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft\u2019s planned acquisition of Activision Blizzard for \u00a355 billion (nearly $69 billion) due to concerns that it could result in reduced innovation and less choice for gamers in the rapidly growing cloud gaming industry.<\/p>\n

Speaking to the BBC, Smith said the move was detrimental to Britain and marked Microsoft\u2019s \u201cdarkest day\u201d in the country over its four-decade history there.<\/p>\n

\u201cIt does more than shake our confidence in the future of the opportunity to grow a technology business in Britain than we\u2019ve ever confronted before,\u201d he said.<\/p>\n

\u201cPeople are shocked, people are disappointed, and people\u2019s confidence in technology in the UK has been severely shaken.<\/p>\n

\u201cThere\u2019s a clear message here \u2014 the European Union is a more attractive place to start a business than the UK.\u201d<\/p>\n

However, the UK watchdog argued that it had to prioritize people\u2019s interests over commercial interests when making decisions.<\/p>\n

Although regulators in the US and EU have not yet made a decision on whether to approve the deal, the CMS said \u201cActivision is intertwined through different markets \u2014 it can\u2019t be separated for the UK. So this decision blocks the deal from happening globally.\u201d<\/p>\n

With its ownership of Xbox, the leading PC operating system (Windows), and a global cloud computing infrastructure (Azure and Xbox Cloud Gaming), Microsoft already controls an estimated 60%-70% of the global cloud gaming market.<\/p>\n

For More News And Analysis About Sierra-Leone<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Sierra-Leone. Microsoft President Brad Smith has criticized the UK\u2019s decision to block its purchase of US gaming company Activision, saying the European Union would be a more favorable location to start a business. The UK\u2019s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft\u2019s planned acquisition of Activision Blizzard for \u00a355 billion (nearly […]<\/p>\n","protected":false},"author":84,"featured_media":16987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[291,293,292],"class_list":["post-16988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-sierra-leone","tag-sierra-leone"],"yoast_head":"\nMicrosoft says confidence in UK \u2018severely shaken\u2019 - Sierra Leone<\/title>\n<meta name=\"description\" content=\"Microsoft President Brad Smith has criticized the UK\u2019s decision to block its purchase of US gaming company Activision, s ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft says confidence in UK \u2018severely shaken\u2019\" \/>\n<meta property=\"og:description\" content=\"Microsoft President Brad Smith has criticized the UK\u2019s decision to block its purchase of US gaming company Activision, s ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken\" \/>\n<meta property=\"og:site_name\" content=\"Sierra Leone\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-01T18:06:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-01T18:40:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/05\/postQueueImg_1682948191.35.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Microsoft says confidence in UK \u2018severely shaken\u2019\",\"datePublished\":\"2023-05-01T18:06:17+00:00\",\"dateModified\":\"2023-05-01T18:40:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken\"},\"wordCount\":288,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2023\/05\/postQueueImg_1682948191.35.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Sierra-Leone\",\"Sierra-Leone\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken\",\"url\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/microsoft-says-confidence-in-uk-severely-shaken\",\"name\":\"Microsoft says confidence in UK \u2018severely shaken\u2019 - 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