Crypto gaming project NFT Worlds has added a blockchain layer modification on top of Microsoft’s massive sandbox videogame Minecraft, to allow users to access Web 3 features.

The post Minecraft gets web 3.0 integration via NFT Worlds mod appeared first on CryptoSlate.

An Activision Blizzard shareholder is suing the company regarding the Call of Duty publisher's proposed sale to Microsoft for $68.7 billion. Shareholder Kyle Watson filed a lawsuit in California recently, with lawyers saying the proposal is "unfair for a number of reasons," according to Polygon.

Among the claims listed in Watson's lawsuit is that Activision Blizzard's board of directors is trying to obtain "significant and immediate benefits" with the proposed sale to Microsoft instead of considering what might be in the best interest of the company overall.

The lawsuit also claims that Activision Blizzard's statement filed with the Securities and Exchange Commission on February 18 is "materially misleading and incomplete." It further claims that the Activision Blizzard board "failed to create an independent committee composed of disinterested directors to run the sales process."

The February 18 statement laid out a very specific timeline of how the deal went down and contained many revelations, including how multiple other companies tried to buy Activision Blizzard and that CEO Bobby Kotick is reportedly set to receive a "golden parachute" payout.

The statement goes on to say that Activision Blizzard's proxy statement regarding the deal is "materially deficient, deprives Plaintiff of the information necessary to make an intelligent, informed, and rational decision of whether to vote in favor of the Proposed Transaction, and tis thus in violation of the Exchange Act."

Microsoft is in the process of acquiring Activision Blizzard

Watson wants Activision Blizzard to issue a new SEC proxy statement that doesn't have the kind of "untrue statements" that are claimed to be in the initial document.

A spokesperson for Activision Blizzard told Polygon, "We disagree with the allegations made in this complaint and look forward to presenting our arguments to the Court."

A second lawsuit, this one filed in New York, contains similar claims against Activision Blizzard. These lawsuits are separate from the ones Activision Blizzard is facing regarding its corporate culture and workplace. Activision Blizzard CEO Bobby Kotick is accused of, among other things, knowing about and covering up instances of sexual harassment. He is also said to have threatened to kill an employee.

Microsoft's deal to buy Activision Blizzard has not yet gone through. In addition to any matters related to shareholder cases, the buyout will face regulatory scrutiny, experts say, though it is ultimately expected to be approved. If that does happen, Microsoft will own Activision Blizzard and all of its studios and franchises, including Call of Duty, Overwatch, Warcraft, Diablo, and many more.

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Legal filings give a more precise timeline to the proposed acquisition.

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JP Morgan becomes the first major bank to make its entry to the metaverse, ready to seize the meta-economy. The biggest bank in the US has opened a virtual lounge, titled Onyx, in Decentraland’s Metajuku Mall. Along with that comes a paper that looks at the massive potential of the industry and how businesses can […]

The post JP Morgan Opens Virtual Lounge In Decentraland Metaverse appeared first on CryptoCoin.News.

The official Twitter account of tech giant Microsoft posted a tweet that has sparked desperate rumors of Shiba Inu (SHIB) integration. The tweet in question jokes about two types of dogs that participate in meetings on its business communication platform Teams. In a follow-up tweet, Teams Twitter account, reiterated: “Teams calls are 10x better when […]

While Shiba Inu is still on the surge in 2022,  Microsoft’s latest tweet has created abuzz with speculation within the SHIB community. In addition to Microsoft rumor, Steven Cooper just announced a Billion Shiba Inu burn. SHIB has already announced its future projects like ‘Shiberse’ and the coin is also getting a positive response from

The post Why Shiba Inu Price May Skyrocket In Next Few Weeks? appeared first on CoinGape.

Internal discussion at Microsoft for its planned $68.7 billion acquisition of Activision-Blizzard seems to have begun as far back as when the board gave approval to acquire ZeniMax, at which point they asked Phil Spencer a critical question: What's next?

Blizzard revealed their plan to release a Warcraft mobile game this year in its quarterly financial results.

Click here to read the full article.

SANTA MONICA, Calif.–(BUSINESS WIRE)–Activision Blizzard, Inc. (Nasdaq: ATVI) today announced fourth-quarter and 2021 results. “I’m so incredibly proud of our teams for their commitment and passion as we continued to engage the world through epic entertainment in 2021,” said Bobby Kotick, CEO of Activision Blizzard. “As we look to the future, with Microsoft’s scale and […]

The post Activision Blizzard Announces Fourth-Quarter and 2021 Financial Results appeared first on Fintech News.

Rumors of a Warcraft mobile game have swirled since way back in 2017, and it looks like 2022 will finally deliver. Blizzard has just confirmed that a new Warcraft mobile game will be releasing this year.