2023-06-23 20:08:16
During the trial between the FTC and Microsoft, Phil Spencer took the stand. When the FTC asks if “ [Microsoft] has an upfront payment of $70 billion to Activison”
No, when you acquire something, it is not a payment. It’s actually a transfer of money into an asset called Activision that you believe retains the value you’ve acquired. It is not correct from a financial point of view.
Phil Spencer
ID@Xbox highlights its DAP program in a short trailer showing 11 Punch Club 2: Fast Forward games available for pre-order with a small bonus
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#Lunar #Phil #Spencer #explains #acquisition #FTC #works
