What the Metaverse Has to Do With Microsoft’s Deal for Activision

When Microsoft Corp. disclosed plans to buy videogame giant Activision Blizzard Inc., the company described the $75 billion deal as a pathway to the metaverse, tapping into a trendy topic.

During a roughly 15-minute investor and media call shortly after the Tuesday announcement, executives from Microsoft and Activision mentioned the term “metaverse” more than 10 times.