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Fake News Liquidates Millions of BTC Shorts

Metaverse and Web3

Microsoft's Activision Acquisition and the Metaverse

Microsoft's recent acquisition of Activision Blizzard is a significant milestone in the AI and gaming industry, signaling a possible shift towards the Metaverse and web3 gaming. The $68.7 billion deal is one of the largest in the tech world and aims to bolster Microsoft's gaming ecosystem. The acquisition is expected to accelerate the development of immersive experiences in gaming and the Metaverse. This move is in line with the growing trend of integrating gaming into more immersive experiences, as evidenced by gaming statistics that show the gaming industry is forecast to grow at a CAGR of 12% between 2020 and 2025.

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