Microsoft Corp. (MSFT) is reportedly interested in buying the gaming unit of Warner Bros-owned AT&T Inc. (T) to ramp up the game-making capabilites of its Xbox devices.The Information reported on Monday, citing two people familiar with the matter, that AT&T hasn’t yet decided whether to sell the Interactive Entertainment gaming division that owns popular videogame “Mortal Kombat”.The interest comes as Microsoft is poised to announce a new lower-tier Xbox to accompany its upcoming console release of the Xbox Series X this fall.Reported on June 26, by The Verge, a leaked Microsoft document revealed plans for a lesser-powered next-gen Xbox console …read more
Source:: Yahoo Finance
