Political tensions and a rise in Covid-19 cases pressure Wall Street.
- Microsoft said it would acquire ZeniMax Media for $7.5 billion in cash, strengthening its Xbox video game offering with the studio behind titles such as Fallout and Doom.
- A recent study shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing ten times the number of patents held by IBM.
- Global stock markets are tumbling as coronavirus cases surge in Europe, and political tensions in the US will likely derail any further fiscal support efforts.
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