Microsoft has announced that it is acquiring ZeniMax Media, the parent company of gaming studios such as Bethesda Game Studios and id Software, for $7.5 billion. The move is seen as a strategic investment by Microsoft in the gaming industry as it seeks to bolster its Xbox gaming platform.
Amazon has announced its acquisition of Zoox, a Silicon Valley-based startup focused on developing self-driving car technology. The deal is said to be worth over $1 billion, and marks Amazon’s latest push into the rapidly evolving world of autonomous vehicles.
In a significant deal that underscores its ambition to dominate the entertainment industry, Amazon has announced its acquisition of MGM for $8.45 billion. The move will give Amazon access to a vast library of content, including iconic film and television franchises such as James Bond, Rocky, and The Handmaid’s Tale, as well as a wealth… Read More »
In a move to expand its already vast footprint in the retail space, Amazon has announced its acquisition of a popular grocery chain.