BREAKDOWN: Microsoft Bets on 'Metaverse' With $69B Acquisition of Activision Blizzard

BREAKDOWN: Microsoft Bets on 'Metaverse' With...

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NBA Enters Prediction Markets as NFL Pushes Back | CoinDesk Daily

The NBA enters prediction markets. The NBA signed a data-sharing deal with the CFTC and named Kalshi and Polymarket as preferred exchanges, formally stepping into prediction markets. The move puts the league at odds with the NFL, which has sided with states fighting to regulate t ...  Show more

Musk Warns AI Debt Markets Have "Shut Off" for Most Firms | CoinDesk Daily

SpaceX raised $40B to buy GPUs. Elon Musk's SpaceX raised $40 billion in debt to buy GPUs, but he warned that debt markets have almost entirely cut off financing for companies without revenue independent of AI data centers. He predicts most of the 200-plus "neoclouds" will not su ...  Show more

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Microsoft Bets on Metaverse With $69B Acquisition of Activision Blizzard
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This episode is sponsored by Nexo, Abra and FTX US.  Microsoft today announced it is acquiring game publisher Activision Blizzard in a nearly $69 billion all-cash deal. The acquisition is being widely seen as a big bet to keep Microsoft competitive in the burgeoning metaverse s ...  Show more

Microsoft and the Metaverse
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Microsoft announced this week that it was acquiring Activision Blizzard, the maker of video games such as Call of Duty and Candy Crush, in a deal valued at nearly $70 billion.

Microsoft, the owner of Xbox, said the acquisition was a step toward gaining a foothold in the ...

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Why KPMG's Bitcoin Buy May Be a Bigger Deal Long Term Than Tesla's
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This episode is sponsored by Nexo, Arculus, FTX US and MELD.com. KPMG Canada announced Monday it added BTC and ETH to its balance sheet, as well as buying carbon credits to offset its new environmental impact. On today’s episode, NLW explores how the market and crypto community ...  Show more