"Microsoft CEO Adjusts Stance on UK Following Backlash"

Microsoft President Brad Smith has retracted his previous criticism of the UK as "bad for business" following the Competition and Markets Authority's (CMA) initial block of Microsoft's acquisition of Activision Blizzard. After restructuring the deal, which now includes transferring streaming rights to Ubisoft, the CMA approved the acquisition. Smith praised the CMA as "tough and fair" and highlighted Microsoft's commitment to investing in AI infrastructure in the UK. Despite earlier tensions, Smith now views the UK's regulatory environment and investment opportunities positively.