Microsoft CEO confident in regulatory approval of Activision-Blizzard purchase

Yahoo Finance Tech Editor Dan Howley breaks down Microsoft CEO Satya Nadella's recent comments on the company's acquisition of Activision and Microsoft Viva, reporting an increase in work meetings and user productivity.
video transcript
- Satya Nadella said he was confident that the company's purchase of Activision would receive regulatory approval. Tech reporter Dan Howley here with this story. Dan, it's been an awfully long time, back in January. Why so confident?
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Dan Howley: Yes. It sounds like he's basically just attributing this to the normal kind of regulatory scrutiny you'd see with a store of this size. Now Activision Blizzard is obviously one of the biggest video makers in the world. And when it comes to the big three video game companies -- that's Nintendo, Sony, and Microsoft -- Sony is really the one who's nervous here because they're relying on sales of things like Call of Duty, which Activision Blizzard does to help to promote sales of their PlayStation consoles as well as their PlayStation online services.
And so they vehemently resist it, basically saying it would sideline them and give Microsoft an unfair advantage by giving them access to titles like Call of Duty. And that's why we see this kind of regulatory scrutiny. Obviously we've talked about the UK competition authority looking into this. And so here, Nadella is essentially saying that this is par for the course with large acquisitions. They went through a similar experience when they took over Bethesda. And so they expect this to happen here and then in order for everything to be okay for them.
- Speaking of Microsoft, Dan, while we've got you, I know the company was up and running with a recent survey you just reviewed. Some revealing things here just in terms of the number of meetings we have because of working from home, also how productive they are. What did you notice about these insights?
DAN HOWLEY: Yes, that's right. Microsoft is basically saying that from its Teams platform, meetings are up 153% from the start of the pandemic to this spring. And so they point to some of the stresses that employees are exposed to. They also say that employees in general say they're very productive, while employers say they can't trust their remote and hybrid workers to be productive on their own. Now I've spoken to some outside experts who said studies have shown that remote and hybrid workers are actually more productive than in the office.
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So part of that has to do with their ability to be more flexible at work and things like that. But Microsoft brings this up and then points to some of the solutions it has to offer through its Viva app, which is basically a platform that allows employees to get information about what they're doing in their company, and the way it builds up a sense of camaraderie among their peers.
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