Hi, this is Wayne again with a topic “Cloud Gaming Fans are DREAMING”.
Uk Regulators have blocked the Microsoft Activision Blizzard deal, yeah, which, like might be a good thing. I don’t know I don’t know enough about this, but the reason for it was kind of funky yeah that doesn’t make a ton of sense to me, yeah um, so I’m trying to find this I’ll read through it once I find it uh there. It is um. Uk Regulators have blocked Microsoft’s proposed acquisition of Activision Blizzard on the grounds that it will reduce competition in cloud gaming, which is the competition uh and markets which which the competition to markets Authority sees as a low-cost alternative to consoles sure, because it sort of is uh. Microsoft does control around 60 to 70 percent of the cloud gaming Market, Which is less than one percent of the total Global gaming Market.
However, Regulators cited estimates that it will grow to around nine percent of the market by 2026.. I haven’t seen a ton of things. Moving that direction to be completely honest yeah, so I don’t know where that number is necessarily coming from, but nine percent would be a lot of the gaming Market to be happening over the cloud instead of like that would have a very major that would have a Significant impact on web traffic yeah, like that’s genuinely okay, that’s a that’s a big number that I I would kind of bet against to be completely honest. Um again, I don’t know if this should happen or not. I’M not weighing in on that. I just the the reasoning seems funky. Um blizzard has been struggling with ugly labor disputes and their stock price has dropped 11 after the announcement was made, while Microsoft’s own stock Rose by eight percent. I’M surprised it’s honestly, that low they’ve been kind of killing it um. An Activision spokesperson has said that they will work aggressively with Microsoft, to appeal the decision and that the UK is clearly closed for business. That’S a sex thing work aggressively together. That sounds like a euphemism I do know this is this is uh like if I said I was gon na work aggressively with you. What would you you know? You know? Think of that I mean I’m down.
Hr is not needed. If there’s no problem um, you know blizzard is having a problem right now, where they’re losing a lot of talent. Apparently they hired people during covid um. That, like was under the stand under yeah, which were hired with the understanding that they were full-time work from home permanently right and then they have called them into work. So some of these people were hired living nowhere even near to Blizzard, and now they need to come into work which there’s problems with that because they don’t live near a blizzard.
They probably don’t have snow tires already relocating uh, your entire family is an issue. Now these people might have to live in much higher cost of living areas. Higher temperature areas, based on where blizzard is especially very likely true for for where these people are are probably coming from um, but yeah.
It’S an issue. So a lot of those people are just saying: like no uh see ya, I quit. I guess, that’s a really rude hand, gesture in some places, but okay, is it peace uh? This is peace? Did you do it backwards? What is that you didn’t show the back of your hand. Did you don’t worry about it? What is it? Okay, I genuinely don’t know um anyways, they’re, saying peace and then leaving um. It shouldn’t even be allowed for two gestures to be that similar and one of them’s cool and one of them’s, not that’s ridiculous. Well, I mean what what was it? Okay and white power being the exact same hand, gesture you do scuba diving come on.
If you do scuba diving, it’s like oh well, I mean it’s so dark. I can’t tell what color any of us are down here. Oh man, um in the UK, the backwards peace sign is a middle finger. Why anyways moving on um yeah, so a lot of them are quitting so they’re having this huge like brain drain, Talent issue and it’s kind of weird, because a lot of actually good things for blizzard in regards to development and getting timelines underway and in road maps And all this kind of stuff happened over the covid period, with all these people working from home.
So, like I don’t know, but yeah .