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Microsoft embraces third place status in console wars

Well, folks, it’s happened. In a twist that no one saw coming (or did we?), Microsoft has finally admitted what we’ve all suspected for years – they’re losing the console wars to Nintendo and Sony.

This startling confession came amidst their ongoing legal tussle with the Federal Trade Commission (FTC) over their audacious $69 billion bid to acquire Activision Blizzard.

In a court document submitted on June 22nd, Microsoft essentially said, “we give up” in their…

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