US Justice Department has given the go-ahead for Microsoft to purchase Internet appliance company WebTV Networks.
The Department's antitrust unit began a review of the $425 million acquisition four months ago but concluded at the end of last week that there are sufficient companies with competing products to allow the deal to go ahead.
"A significant number of players, both large and small, are focused on this emerging business opportunity. As a result of all this competition, consumers can look forward to rapid innovation and great value in Internet-enabled TV devices," claimed Craig Mundie, consumer platforms vice president at Microsoft.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago