Microsoft Admits Xbox Has 'Lost the Console Wars' as It Battles for $69 Billion Activision Blizzard Buyout

Microsoft Admits Xbox Has 'Lost the Console Wars' as It Battles for $69 Billion Activision Blizzard Buyout

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In its proposing findings of fact submitted on the first day of Microsoft's court battle with the FTC over the $69 billion acquisition of Activision Blizzard, Microsoft has claimed Xbox has officially "lost the console wars". A section of the document, submitted by Microsoft, describes its entry…

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