Sony's stock has fallen by US$20 billion following the news of Microsoft's acquisition of Activision Blizzard. This is the sharpest drop in Sony's shares since 2008, demonstrating the impact of Microsoft's deal on the gaming industry. It will be interesting to see how Sony responds to Microsoft and the Xbox Game Pass service.
https://www.notebookcheck.net/Sony-s-market-value-falls-by-US-20-billion-after-Microsoft-s-acquisition-announcement.594165.0.html