Feds give MSFT setback in ATVI fight

Gamers. Rise. Up. Now. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ I am once again asking gamers to rise up. The Federal Trade Commission filed in a federal district court to block a proposed merger between Microsoft and Activision Blizzard. The FTC wants a restraining order and an injunction, making sure the merger can't be completed before the FTC gets its hands on it in its own in-house administrative court. The video game industry is currently making about four times as much money as the movie industry. And Activision Blizzard (ATVI), despite some recent troubles, has an incredible lineup of games: Call of Duty World of Warcraft Overwatch And of course Diablo. The most recent game, Diablo IV, which came out on June 6, made $666 million (heh) in revenue in five days. The feds are concerned that Microsoft will use ownership of ATVI to make sure that other companies won't be able to make games from these and other leading franchises. MSFT pleads otherwise... But c'mon, what then is the point of the merger? I think we need to look further towards the future. Much of MSFT's recent growth is due to AI and its partnership with OpenAI and ChatGPT. As games production changes, ownership of key franchises and IP will be more important than ever before. People want what's familiar, and the persistence of key franchises across several different generations of video game consoles has not been missed by corporate leaders. Now is the time to lock down familiar names... even as the technology becomes stranger than ever. Keep Moving, Corey Snyder Publisher, Rogue Investing WORD ON THE STREET Union Victory, Housing Market Bounces Back, Ford Recall - West Coast Ports Cut A Deal - The Pacific Maritime Association and the International Longshore and Warehouse Union have cut a tentative six-year deal that includes a 32% pay increase. The deal still needs to be approved by union membership. It promises an end to labor disputes that have disrupted operations. The main sticking point is AI - dockworkers are anxious about being replaced by the new technology. - Don't Worry, It's Just A Million Trucks - No fewer than 979,797 Ford (F) trucks are being recalled because they forgot to put critical information in owners' manuals. Models affected include the 2018-2023 Ford Expedition, some Lincoln Navigators, and some F-250s, F-350s, F-450s, F-550s, and F-600s. The manuals forgot to include "instructions for adjusting or removing certain head restraints." 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The Nikkei 225 hit a 33-year high and the Nikkei gained almost 30% this year so far. Berkshire Hathaway obviously sees opportunity for growth - increasing its share of five Japanese trading companies (including Mitsubishi, Mitsui, Marubeni, Sumitomo, and Itochu) that it had originally entered in 2020. - USA/China Promise To Get Along (Yeah, Right) - Secretary of State Antony Blinken visited Beijing and both Chinese and American leaders promised to stabilize Sino-American relations. President Xi Jinping suggested that both sides had "reached agreement on specific issues." However, it is unclear what those issues actually are - the main takeaway from the meeting was a bunch of platitudes. - Goldman Follows Other Banks, Downgrades China - Roaring Twenties narrative postponed once again. Following UBS and JPMorgan Chase, Goldman Sachs has downgraded its growth forecast for China. The full-year GDP forecast is now down to 5.4% from 6% for 2023 and 4.5% instead of 4.6% in 2024. Bank collapses, corporate bankruptcies and more. Silicon Valley is being gutted and completely reshaped. Learn how one trigger could be the key to witnessing hundreds of triple digit wins in the aftermath of [The Tech Reckoning.]( CUTTING EDGE: What[']( Happening In Tech - Amazon Opens HQ2 - Northern Virginia is now the proud home of Amazon's new East Coast headquarters, HQ2. Phase one, Metropolitan Park, is now complete, and is ready to host thousands of employees. An estimated 25,000 in total are expected to be employed by the facility when all is complete. - All Your Base Are Belong To Us - When Outlook and OneDrive suffered disruptions in June, it wasn't just an error. It was a hack. Microsoft announced that the group Anonymous Sudan was behind the DDoS attacks. MSFT claims no customer data was endangered. - First Germany, Then The World - Intel has received approval for a new chip factory in Germany - with a cool $10.9 billion in subsidies to assist. Poland and Israel have been targeted next for expansion, with plans to build new INTC facilities in both those countries. INTC is up more than 36% so far this year FOR YOUR CONSIDERATION --------------------------------------------------------------- "Don’t try to be a goat here; just come down before you fall." The market is rallying... but is it overbought now? Dr. Brian Jones reminds us not to "fight the Fed," and says that now may be the time to take your profits and run. Here's why. [BULLS, BEARS, AND GOATS - STEP AWAY FROM THE LEDGE]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. 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