US Judge Pauses Microsoft’s $69bn Activision Buy

A US federal judge on Tuesday temporarily blocked Microsoft from completing its $69 billion buyout of gaming giant Activision Blizzard, a court filing showed.Judge Edward Davila said in a ruling that it “is necessary to maintain the status quo” while the court considers a longer-term injunction on the purchase as requested by regulators at the Federal Trade Commission. A hearing was set for June 22 and June 23 in San Francisco federal court to hear evidence in the matter, according to the ruling.The ruling came a day after the FTC…

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