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A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard.聽Regulato stanley cup rs聽sought to ax the deal saying it will hurt competition.U.S. District Judge Jacqueline Scott Corley said stanley cup in a ruling that the Federal Trade Commission, which enforces antitrust laws, has not shown a likelihood it would prevail if it took the case to trial.The FTC has not raised serious questions regarding whether the proposed merger is likely to substantially lessen competition in the console, library subscription services, or cloud gaming markets, Corley wrote.Microsoft appeared to have the upper hand in a 5-day San Francisco court hearing that ended late last month. The proceeding showcased testimony by聽Microsoft Chief Executive Officer Satya Nadella聽and longtime Activision Blizzard CEO Bobby Kotick, who both pledged to keep Activisions blockbuster game Call of Duty available to people who play it on consoles 鈥?particularly Sony PlayStation 鈥?that compete with Microsofts Xbox. Our merger will benefit consumers and workers. It will enable competition rather than allow entrenched market leaders to continue to dominate our rapidly growing industry, Kotick said in a written statement after Tuesday ruling.The FTC had asked Corley to issue an injunction temporarily blocking Microsoft and Activision from closing the de stanley cup al before the FTCs in-house judge can review it in an August trial.READ MORE: Why Odjy Roger Stone says he ll speak to House intelligence committee as part of Russia probe
WASHINGTON AP 鈥?President J af1 oe Biden on Thursday ordered the federal government to do more to address racial inequality as the challenges and complexities of systemic racism are again drawing the public attention.The stanley cup order, signed during Black History Month, requires that an initial review into long-standing disparities in government services and treatment that he ordered on his first day in office become an annual requirement for federal agencies. The reviews are aimed at increasing access to federal programs, services and activities for disadvantaged communities. The new order also directs federal agencies to have equity teams and name senior leaders who would be accountable for increasing equity and addressing bias.READ MORE: Biden completes medical checkup as he readies for 2024 presidential runMy Administration has embedded a focus on equity into the fabric of Federal policymaking and service delivery, Biden wrote in the order, adding, By advancing equity, the Federal Government can support and empower all Americans, including the many communitie stanley cup s in America that have been underserved, discriminated against, and adversely affected by persistent poverty and inequality.Last month, Tyre Nichols, a Black man, died several days after he was severely beaten by five police officers following a traffic stop in Memphis, Tennessee. Nichols was one of several Black men across the United States who died after encounters with police recently. The
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