The day after Britain’s regulator, the UK Competition and Markets Authority, blocked Microsoft’s acquisition of Activision Blizzard, Activision CEO Bobby Kotick is on the record about his planned appeal. Britain’s decision could affect the FTC’s decision in the U.S., but Kotick says of the UK CMA, “they don’t really understand our business.” The House of Representatives has passed a bill to raise the debt ceiling, but it’s widely considered to be “dead on arrival” to the Senate. Plus, Meta reported a strong quarter despite a loss in its metaverse unit, and Theranos founder Elizabeth Holmes is going to prison–but not yet. 

In this episode:

Bobby Kotick, @ATVI_AB

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY