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On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference and delivered a speech and answered questions at the "China Session." When asked about Chinas role in resolving regional conflicts, particularly the Ukraine issue, Wang Yi stated that Chinas position is clear: all regional hotspots should seek political solutions through dialogue and consultation, and the same applies to the Ukraine issue. However, China is not a party to the conflict, and the decision-making power is not in Chinas hands. What we can do is to promote peace talks. We have dispatched special envoys to mediate and, through various channels, emphasized to all parties that a ceasefire should be implemented as soon as possible, and that everyone should return to the negotiating table.On February 14, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference, delivered a speech at the "China Session," and answered questions from the audience. Wang Yi emphasized that the erroneous remarks by Japanese leaders on the Taiwan issue exposed Japans undying ambition to invade and colonize Taiwan and the lingering specter of reviving militarism. Japan launched its invasion of China and attacked Pearl Harbor under the pretext of a so-called "crisis and existential crisis." The lessons of history are still fresh and must be heeded. If Japan does not repent, it will inevitably repeat the same mistakes. Good people should be vigilant. First and foremost, the Japanese people must be reminded not to be blinded and coerced by far-right forces and extremist ideologies again. All peace-loving countries should also warn Japan: if it chooses to go back to its old ways, it will only lead to its own destruction.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We and our partners will use all policy tools at our disposal to continue to hold Russia accountable.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We further express our concern that Russia has not destroyed all of its chemical weapons.The United Kingdom, Sweden, France, Germany, and the Netherlands issued a joint statement regarding the death of Alexei Navalny.

Microsoft And Nvidia Reach A Deal to Satisfy Activision Acquisition Regulators

Skylar Williams

Feb 22, 2023 14:20

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Microsoft Corp has reached a 10-year agreement to bring "Call of Duty" and other Activision titles to Nvidia (NASDAQ:NVDA) Corp's gaming platform if the Xbox manufacturer is permitted to complete its highly contentious $69 billion acquisition of Activision.


Competitors such as Sony (NYSE:SONY) and regulators have spoken out strongly against the potential Microsoft-Activision merger. Regulators throughout the world have expressed skepticism about Microsoft's (NASDAQ:MSFT) purchase, despite the move's potential to assuage concerns by expanding customers' access to Microsoft-controlled games.


The UK stated earlier this month that the agreement might be detrimental to gamers by diminishing the competitiveness between Xbox and PlayStation, leading to higher costs, less options, and less innovation for millions of users, as well as restricting competition in cloud gaming.


Microsoft President Brad Smith stated at a press conference on Tuesday that he is now more hopeful about the completion of the Activision purchase following the Nvidia pact and a similar agreement with Nintendo Co Ltd. (TYO:7974).


Phil Eisler, vice president and general manager of Nvidia's GeForce Now segment, stated that titles such as "Call of Duty" will not be accessible on Nvidia's service unless Microsoft acquires Activision, whereas Microsoft-owned titles such as "Minecraft" are immediately covered under the 10-year license agreement.


"We were at first a little apprehensive," Eisler remarked of the Microsoft-Activision partnership. "Next, we reached out to Microsoft, who was eager to enable cloud gaming and collaborate with us on a 10-year licensing arrangement. Hence, they gradually made us more used to it over time."


Eisler stated that Nvidia does not pay Microsoft for access to the titles, which is consistent with the company's relationship with other gaming businesses, such as "Fortnite" developer Epic Games. Instead, Nvidia will charge its 25 million consumers for access to its cloud gaming platform and Microsoft for its games.


Microsoft sank 2%, Nvidia declined 3.4%, and Activision slid 0.7% in a Tuesday afternoon market that was generally weaker.


Nvidia announced that it now supports the Xbox manufacturer's quest to acquire Activision, although the transaction may still be difficult to sell to authorities. Earlier this month, European regulators issued a warning to Microsoft on the merger, while the U.S. Federal Trade Commission has urged a judge to prohibit it. The British competition watchdog has suggested that Microsoft may be required to sell "Call of Duty."


Smith expressed his hope that Sony Group Corp might contemplate a similar partnership with Nvidia.


Sony has been at the forefront of resistance to the Microsoft-Activision agreement, declaring last year that it was "terrible for competition, bad for the gaming industry, and awful for gamers themselves."


According to media reports, other corporations, including Alphabet (NASDAQ:GOOGL) Inc's Google, have voiced concerns to the FTC over the transaction.


Microsoft has committed to maintaining "Call of Duty" on the PlayStation. The popularity of the first-person shooter franchise has not waned nearly two decades after its inception, with the most recent iteration selling $1 billion in its first ten days of release in October.


The U.S. tech behemoth has stated that the partnership goes beyond "Call of Duty." It has stated that acquiring the developer of "Overwatch" and "Candy Crush" will accelerate its expansion in mobile, Desktop, and cloud gaming, as well as consoles, allowing it to compete with Tencent and Sony.

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