"Microsoft's Activision Acquisition and Layoffs Shake Headlines, While UK Block Remains a Mystery"

Microsoft strikes a deal with European cloud gaming platform Nware to stream PC games built by Xbox and Activision Blizzard's titles on Nware's platform to woo skeptical European officials over Activision acquisition. Lyft proposes to let go over 1K employees under latest layoff round and updates on restructuring plan. Big oil companies Exxon and Chevron report higher earnings and improved margins. FDA warns cybersecurity vulnerability for Illumina sequencers. Sony's prospects are clouded by concerns over PlayStation clouds despite record sales in Q4. Deutsche Bank acquires Numis for £410M to boost UK investment banking business. China Telecom looks to launch its natural language training model to challenge Alibaba's ChatGPT frenzy.