Bloomberg Tech

Microsoft Xbox Chief ‘Confident’ on Closing Activision Deal

Microsoft Corp. Xbox chief Phil Spencer said the software giant continues to work with UK regulators to sort out the remaining hurdles to its $69 billion purchase of Activision Blizzard Inc., and the company is confident it can get the deal over the line.

Drahi Says Altice to Unveil Options to Cut Debt Load Soon

Billionaire Patrick Drahi said that his debt-laden telecommunications empire Altice would unveil different options for de-leveraging in the coming days, including an “equity raise and partnerships with different players.”