Microsoft’s splurge on Activision Blizzard could mainstream the metaverse

Microsoft’s $68.7B splurge on Activision Blizzard is huge news for gaming, but the company has also pointed to its impact on another market: the metaverse. In a press release announcing the deal, the Xbox owner said the deal will “provide building blocks” for the metaverse. Satya Nadella, Microsoft’s chairman and CEO, reiterated the point in a letter to shareholders: Gaming has been key to Microsoft since our earliest days as a company. Today, it’s the largest and