23 min

Microsoft and the Metaverse The Daily

    • Daily News

Microsoft announced this week that it was acquiring Activision Blizzard, the maker of video games such as Call of Duty and Candy Crush, in a deal valued at nearly $70 billion.
Microsoft, the owner of Xbox, said the acquisition was a step toward gaining a foothold in the metaverse.
But what exactly is the metaverse? And why are some of the biggest companies in the world spending billions of dollars to get involved?

Microsoft announced this week that it was acquiring Activision Blizzard, the maker of video games such as Call of Duty and Candy Crush, in a deal valued at nearly $70 billion.
Microsoft, the owner of Xbox, said the acquisition was a step toward gaining a foothold in the metaverse.
But what exactly is the metaverse? And why are some of the biggest companies in the world spending billions of dollars to get involved?

23 min

More by The New York Times

The Daily
The New York Times
The Ezra Klein Show
New York Times Opinion
Hard Fork
The New York Times
Modern Love
The New York Times
Matter of Opinion
New York Times Opinion
The Run-Up
The New York Times