Why Microsoft spends US$69bil for video games

It’s an all-cash deal that not only marks Microsoft’s largest acquisition, but it’s also the biggest video-game deal in history. — Bloomberg

You learn a lot of tough lessons as a parent, like how wrong you were to say to the kids “You’re wasting your life playing those video games!”

Just how wrong? Well, the company behind some of the gaming industry’s most popular products is being sold for US$69bil (RM288bil).