Connect with us

Tech

Is Microsoft's Acquisition of Activision Blizzard a Wise Move? – Motley Fool

Published

 on


Microsoft‘s (NASDAQ:MSFT) announcement that it would be acquiring embattled gaming company Activision Blizzard (NASDAQ:ATVI) took a fair share of investors by surprise. In this segment of Backstage Pass, recorded on Jan. 19, Fool.com contributors Rachel Warren and Danny Vena discuss.

[embedded content]

Rachel Warren: It’s no secret that Activision Blizzard, it’s had its fair share of troubles lately. The company has been the subject of multiple legal investigations. There’s been ongoing calls for the resignation of embattled CEO Bobby Kotick.

For anyone who is wondering, Kotick is expected to remain CEO of the company through the transition according to reports by CNBC. The Wall Street Journal has reported, however, that Kotick is expected to resign once the deal goes through. We’ll see what happens there.

This $68.7 billion purchase by Microsoft is set to conclude in the company’s fiscal 2023. That deal is set to be the largest deal in tech history.

Another landmark move by Microsoft. According to CNBC, and I quote, “The deal also plays into a long-term vision for Microsoft as it competes with Meta to build technologies to create a virtual world called the metaverse. In fact, Microsoft CEO Satya Nadella was the first big tech CEO to publicly acknowledge the value of the metaverse months before Meta CEO Mark Zuckerberg. ‘Today, virtual worlds are dominated by gaming, but the hope is they expand to cater to other demographics and replace a lot of traditional social networking activity online’. Nadella said in a call on Tuesday, ‘When we think about our vision for what a metaverse can be, we believe there won’t be a single decentralized metaverse.'”

So the article says “that means Nadella sees an opportunity for many software makers to create many different virtual worlds in the future instead of one dominant company”, aka Meta, controlling the metaverse. What do you guys think of this deal? The Wall Street Journal has said the acquisition could, “Power Microsoft’s Netflix-of-gaming aspirations.”

Is there another major acquisition that you think could be on the horizon in 2022? Danny?

Danny Vena: I think it’s really interesting that they decided to say the Netflix of gaming. That sounds a little bit click-baity to me. That’s just one Fool’s opinion. I think this is a really good move for Microsoft. If you look at the success that they have had, maximizing subscriptions, look at what they’ve done with Office 365 and with TurboTax. Sorry, not TurboTax. [laughs] That was the wrong one. [laughs]

Rachel Warren: It’s that time of the year, though. [laughs]

Danny Vena: I know I’ve got taxes on the brain. I’m an accountant, so that’s how that goes.

Rachel Warren: I feel your pain.

Danny Vena: [laughs] But yeah, I mean, if you look at what Microsoft has done with 365, turned it into a subscription-based product and something that they’re garnering these continuing revenue streams that will go on forever. Yeah, I actually have heard several of the news outlets mention the potential for the metaverse. Microsoft is certainly a company that has the resources to build out a presence.

I think that might be stretching it a little bit. I’m more like what Nadella said. I think that there’s a lot of potential out there for the metaverse to be a lot of little things rather than one big thing. From the point of view of Activision, Activision had more than a decade of stellar growth. The stock went up ridiculous amounts, but that growth was already fading before the pandemic.

I think the problem with that is that the company was really dependent on those big boom and bust cycles of releasing these big new iterations of popular games. I think what Microsoft is most likely to do is find a way to turn these into subscriptions, which is something the company is really good at doing.

I think turning these assets into continuing revenue streams fits right in with what Microsoft as well. As far as what major acquisition could I see on the horizon for 2022, my crystal ball is in the shop.

I certainly would have not foreseen Activision being a takeout target. But that said, if you look at tech stocks, their values are down, their stock prices are down 50%from their highs in November. I mean, there’s so many of them.

Roku is one example that I just recently wrote about. This makes these companies a lot more digestible to these big tech companies. I would be looking at any tech company that’s down 50% or more as potentially being a takeout target.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Adblock test (Why?)



Source link

Continue Reading

Tech

Why Slots Are More Popular Than Ever in Canada

Published

 on

slot

Slots have been a mainstay at casinos for decades, with the first slot machine invented back in 1894. They’re popular because of how easy they are to play, as well as the fact that they offer the potential for big wins from small stakes. Over the years, slots have changed a lot, although the key principle remains the same. Players insert a coin and then pull the lever or push the button to spin the reels. When matching symbols appear across one of the pay lines, a win can be awarded.

In Canada, slots can be played at traditional, land-based casinos or online. There are a growing number of online casinos available to Canadian players. It’s this growth that’s fuelling the rise in the popularity of slots. Players can enjoy thousands of online slots from their homes, playing on computers, tablets or mobiles. All online slots can be played for real money, and many can be played for free too. Let’s take a look at why these games are so popular.

Variety

When it comes to playing games, variety is important. Players enjoy having a wide range of different games to choose from, which is one of the reasons why slots are loved by so many. There are hundreds of thousands of different online slots available to play, with new games released each week. Players can usually choose from thousands of different games at most top casinos, with the majority of these being online slots.

All most slots use the same basic idea of matching symbols. There’s a lot of variety in the features they use and how they work. Some slots may only have three reels and three rows, while others may have five reels and seven rows or even more. As the demand for slots increases, developers get more creative with how they design slots, leading to interesting new ways to play.

Basic slots still exist, but a lot of modern slots combine unique designs and bonus features, making them more interesting than ever. This means that very few slots provide the same playing experience, and there are loads of different themes and genres of slots too.

Simplicity

While modern slots sometimes include new bonuses and features, the basic premise is always simple and easy for players to understand. All you have to do is choose your stake and press spin to start playing. Unlike some other casino games, you don’t need to use any strategy or make decisions. You just spin and wait to see if you’re a winner.

The simplicity of slots makes them easy to play and a lot of people find it relaxing to spin the reels. As a result, they’re popular with all kinds of casino players. Using features such as autoplay make it even simpler, as you can set up the game to play out a certain number of spins.

Big Wins

Slots may be simple to play, but that doesn’t stop them from being exciting. The excitement comes from the fact that it’s possible to land big wins, even when you’re playing with small stakes. This is especially true of jackpot slots. These slots offer jackpots, which can be worth thousands, hundreds of thousands or even millions of dollars. Although the chance of winning jackpots is lower than with regular slots, they’re very popular for obvious reasons.

Not all slots offer big wins of course, but the payouts are generally higher than in some other casino games. Still, it’s always important to manage risk and ensure that you’re playing responsibly. Never bet more than you can afford to lose, and set a budget so you don’t get carried away.

 

Continue Reading

Tech

Wordle Word Today 19, May 2022: Wordle Word Hints and Today's Answer – Landscape Insight

Published

 on


With just over 30 days to the 365th day of Wordle, some have found the year-long stretch to be a slog, and then some. Maintaining that kind of streak is impressive.

The 334th word of the day may be so simple that it is difficult to guess. We’ve got you covered if you’re having trouble figuring out what the word of the day is on Wordle. Here’s how to solve Wordle 334.

Hints for Wordle May 19

Here are some clues to assist you in finding Wordle 334:

  • Only one vowel appears in this term.
  • A letter repeats in this vowel.
  • This term serves as both a noun and a verb.
  • The second definition of this word is “a drinking vessel.”
  • There is only one syllable in this term.

Also Read: What Is Today’s Wordle Word for 16 May 2022?

Today’s Wordle 334 Answer

What Is Today’s Wordle Word for 16 May 2022?

If you still can’t figure out the answer to today’s Wordle, scroll down to see the answer to Wordle 334 for May 19, 2022.

GLASS is the answer to the Wordle of May 19th.

How Does Wordle Work?

Wordle is a daily word guessing game in which you have only six attempts to guess the word of the day. Every word in the game is five letters long and only exists in English.

Wordle will provide you clues based on the letters you’ve chosen correctly for each word you enter into the game.

Start with words that have a lot of vowels in them to make the game easier for you. Because many English five-letter words only have one vowel, you’ll have plenty of areas to work with if you start with five-letter terms like “AUDIO.”

What Is Today’s Wordle Word for 16 May 2022?

What Is Today’s Wordle Word for 16 May 2022?

When you’re trying to figure out the word of the day, Wordle will put a green box around your letter to indicate that you’ve entered the proper letter in the correct location.

A yellow box around your letter indicates that you have the correct letter, but it is not in the proper location. And if your letter is surrounded by a grey box, that implies the letter isn’t in the word you’re guessing for.

Adblock test (Why?)



Source link

Continue Reading

Tech

Sony Reveals Vision for the Metaverse – Push Square

Published

 on


You’ve probably heard of the metaverse by now. While this is a buzzword for virtually every major organisation on the planet, there are various different definitions of what it actually means. For Mark Zuckerberg and his Facebook hellscape, it’s an interactive world in which you’ll socialise and go to work. Sony’s concept, fortunately, is a little less dystopian.

Speaking as part of a corporate strategy meeting, CEO Kenichiro Yoshida of course touched upon the concept – and believes his company is well-placed to play a leading role in the emerging trend. As part of his keynote, he referenced Fortnite several times, explaining how subsidiaries like PlayStation, Sony Pictures, and Sony Music have all contributed to the Battle Royale to create interactive experiences.

Yoshida’s vision of the metaverse is a “social space and live network space where games, music, movies, and anime intersect” – all products that Sony has an active role in, of course. He was clear that his concept of the metaverse is one where people come together to share “time and space” – a virtual concert, for example.

While he stopped short of revealing any specific products, he spoke at length about PlayStation’s plan to develop ten live service games, and how Destiny developer Bungie’s expertise will help influence its efforts. Effectively, it sounds like the company intends to leverage its various multimedia divisions to create interactive experiences that unite all aspects of its businesses.

Adblock test (Why?)



Source link

Continue Reading

Trending