Microsoft Corp said on Tuesday it was acquiring "Call of Duty" videogame maker Activision Blizzard for $68.7 billion in cash, the biggest deal in the sector that would help the Xbox maker become the third-largest gaming company by revenue.
- EnergyOil hit 7-year highs as tight supply bites
Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook.
- MarketsMorning Bid: Tech trouble
Nasdaq futures are down almost 1% on Tuesday, making it likely the tech-heavy index will add to its year-to-date losses of around 4.5%.
- Autos & TransportationAfter flying start, Stellantis must tackle Tesla and China
- TechnologyExclusive: U.S. examining Alibaba's cloud unit for national security risks
The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to U.S. national security, according to three people briefed on the matter, as the government ramps up scrutiny of Chinese technology companies' dealings with U.S. firms.
- European MarketsAnalysis: With Omicron, global economy spots chance to push past COVID
- Middle EastIsrael sticks with 4th vaccine shot, sees Omicron wave waning next week
- Healthcare & PharmaceuticalsChina urges caution opening overseas mail after Omicron case
- ChinaHong Kong to cull 2,000 hamsters after COVID-19 outbreak
- ChinaTianjin reports fewer COVID-19 cases; curbs affect some Boeing employees
- EuropePoland has entered a fifth wave of COVID, says minister