AXIOS January 21, 2022
Microsoft is pitching investors and regulators that its $68 billion Activision Blizzard deal is all about the metaverse, that nebulous buzzword taking the tech world by storm.
What they’re saying: By my colleague Stephen Totilo’s count, Nadella used the word “metaverse” at least five times in his conference call discussing the deal. Activision Blizzard CEO Bobby Kotick mentioned the metaverse four times, while Microsoft gaming chief Phil Spencer used the term twice.
Why it matters: Microsoft has long been big on many of the technical building blocks that a metaverse will demand — but the connection between this week’s giant gaming deal and that vision of the internet’s 3D future looks tenuous to many.
The big picture: The metaverse —...
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