{"id":28855,"date":"2023-06-28T20:27:55","date_gmt":"2023-06-29T00:27:55","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/if-68-7-billion-activision-blizzard-deal-dies-microsofts-stock-is-likely-to-rise\/"},"modified":"2023-06-28T20:27:56","modified_gmt":"2023-06-29T00:27:56","slug":"if-68-7-billion-activision-blizzard-deal-dies-microsofts-stock-is-likely-to-rise","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=28855","title":{"rendered":"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise"},"content":{"rendered":"<div>\n<p>More than 17 months have elapsed since Microsoft offered to pay $68.7 billion in cash for Activision Blizzard, maker of the <em>Call of Duty<\/em> and <em>World of Warcraft <\/em>games.<\/p>\n<p>This week, the Federal Trade Commission and Microsoft are facing off before U.S. District Judge Jacqueline Scott Corley in San Francisco. Scott Corley will decide whether Microsoft must hold off on consummating the deal to give the FTC more time to evaluate its antitrust merits, according to <em data-ga-track=\"ExternalLink:https:\/\/apnews.com\/article\/microsoft-activision-blizzard-satya-nadella-xbox-playstation-7cca7c865a93951e5354cc47945c258a\">AP<\/em>.<\/p>\n<p>If the FTC has its way, Microsoft will face the choice of paying a $3 billion fee to terminate the deal, or renegotiate the deal beyond its current July 18 closing deadline to accommodate an FTC administrative trial scheduled to begin on August 2, noted <em>AP<\/em>.<\/p>\n<p>Microsoft should pay the $3 billion fee and invest the rescued $65.7 billion in its cloud and generative AI businesses. With its market capitalization so close to the deal price, walking away would cause Activision Blizzard shareholders to take a big haircut.<\/p>\n<p>Read on for an explanation of why Microsoft shareholders likely will be better off if the giant tech company spends the money in its cloud and generative AI businesses.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Why Microsoft Should Walk Away From Activision Blizzard<\/h2>\n<p><fbs-ad position=\"inread\" progressive=\"\" ad-id=\"article-0-inread\" aria-hidden=\"true\" role=\"presentation\"><\/fbs-ad><\/p>\n<p>When Microsoft announced the Activision Blizzard deal back in January 2022, I thought it would be good for shareholders. It aimed at three potentially large markets; it would increase Microsoft\u2019s gaming market share; the deal\u2019s net present value would be positive; and Microsoft had a good chance of integrating Activision Blizzard effectively.<\/p>\n<p>Since then, two big things have changed:<\/p>\n<ul>\n<li>The metaverse \u2014 which was then forecast to be worth trillions of dollars and could have contributed to the combined company\u2019s gaming revenue \u2014 has fizzled; and<\/li>\n<li>Generative AI \u2014 where Microsoft has a strong market position \u2014 could be a game-changer on the order of the Internet in the 1990s.<\/li>\n<\/ul>\n<h3 class=\"subhead3-embed color-body bg-base font-accent font-size text-align\">San Francisco District Court Case Could Determine Whether Deal Goes Forward<\/h3>\n<p>To be sure, I would not advise Microsoft to pull the plug until the hearing in front of judge Scott Corley results in a decision.<\/p>\n<p>If she decides in favor of the FTC, I think Microsoft should pay the $3 billion to cancel the deal because the FTC would likely delay it for years before ultimately blocking it.<\/p>\n<p>How so? According to <em data-ga-track=\"ExternalLink:https:\/\/www.hollywoodreporter.com\/business\/business-news\/microsoft-warns-pausing-activision-merger-sink-deal-1235522203\/\">Hollywood Reporter<\/em>, Microsoft\u2019s lead attorney Beth Wilkinson said, \u201cIf we can\u2019t close by July 18, and the court enjoins the transaction, nobody can withstand that and we certainly can\u2019t.\u201d Wilkinson envisions a \u201cthree year administrative nightmare\u201d that would doom the deal, <em>Hollywood Reporter<\/em> noted.<\/p>\n<p>Although I am not a lawyer, I think the odds are good that Scott Corley will enjoin the deal from closing on July 18. That\u2019s because potential harm to consumers of letting the deal go forward exceeds the damage of letting the FTC\u2019s administrative trial proceed.<\/p>\n<p>The reason why is after acquiring another gaming company, Microsoft failed to honor its promise to make its games available on platforms other than Xbox, according to the FTC\u2019s lead lawyer, James Weingarten.<\/p>\n<p>Weingarten cited the example of Microsoft\u2019s 2020 acquisition of Bethesda Softworks. Despite assuring European competition regulators that it wouldn\u2019t limit games on rival consoles, Microsoft reneged \u2014 making one of Bethesda\u2019s most popular titles, <em>Starfield<\/em>, exclusive to Xbox and Windows.<\/p>\n<p>Wilkinson\u2019s defense of not delaying the deal is consumers would be better off if Sony \u2014 whose PlayStation dominates the market and controls roughly twice Xbox\u2019s market share, noted <em>AP<\/em> \u2014 faced competition.<\/p>\n<p>She noted Microsoft aims to benefit gamers by making Activision Blizzard games available on more devices to more people. For example, Microsoft has already committed to making <em>Call of Duty<\/em> available on Nintendo\u2019s Switch console and an Nvidia gaming subscription service, according to <em>AP<\/em>.<\/p>\n<p>Wilkinson also argued Microsoft would have a financial incentive \u2014 in the form of higher revenues \u2014 by making Activision Blizzard games available on Sony\u2019s PlayStation and other gaming platforms.<\/p>\n<p>In June 28 testimony, Activision Blizzard CEO Bobby Kotick testified its <em>Call of Duty<\/em> would continue to be available on Sony\u2019s PlayStation should Microsoft complete its acquisition of his company, according to the <em>Wall Street Journal<\/em>.<\/p>\n<p>Since last December, when the FTC sued to block the deal, Microsoft concluded agreements to make Activision games available for a decade on Nintendo, Nvidia, and other platforms. Microsoft \u201csays it has made a similar offer to Sony,\u201d the <em>Journal <\/em>reported.<\/p>\n<p>In June 28 testimony, Nadella testified he would like to eliminate exclusive arrangements between video games and popular gaming consoles. Regarding exclusive deals, Nadella said \u201cI have no love for that world,\u201d <em>CNBC<\/em> reported.<\/p>\n<p>The executive testimony leaves open questions, such as: Will Kotick have the power to put his testimony into practice should Microsoft complete the deal? Will Microsoft abide by its agreements with rival game platforms?<\/p>\n<p>While all the evidence has not yet gone before her, I could see Scott Corley deciding there is no harm to gamers in delaying the deal to give the FTC more time to consider its antitrust merits.<\/p>\n<p>In the interim, gamers will be in the same position they are now. If the deal goes through next month and Microsoft makes <em>Call of Duty<\/em> and <em>World of Warcraft<\/em> exclusive to Xbox as it did with <em>Starfield <\/em>\u2014 she could argue consumers would be worse off.<\/p>\n<p>Indeed, in May, Cowen analysts anticipated a mere 33% chance the deal would be approved. Cowen thought regulators might be concerned Microsoft would favor the release of Activision games on Xbox over rivals such as Sony\u2019s PlayStation which could elicit a lawsuit to block the deal, <em>MarketWatch<\/em> reported.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Why Microsoft Should Invest The Cash In Cloud And Generative AI<\/h2>\n<p>Even if Scott Corley rules in favor of Microsoft, I see two reasons the software giant should cancel the Activision Blizzard deal:<\/p>\n<ul>\n<li>Gaming is secondary to Microsoft\u2019s long-term vision.<\/li>\n<li>The $65.7 billion in freed up cash would yield a better return if invested in lines of business that are more significant to Microsoft\u2019s growth.<\/li>\n<\/ul>\n<h3 class=\"subhead3-embed color-body bg-base font-accent font-size text-align\">Microsoft Sees More Potential In The Cloud Than Gaming<\/h3>\n<p>Microsoft seems to not consider gaming to be as essential to its future as Microsoft Cloud. How so? According to <em data-ga-track=\"ExternalLink:https:\/\/www.cnbc.com\/2023\/06\/26\/microsoft-ceo-nadella-said-revenue-would-reach-500-billion-by-2030.html\">CNBC<\/em>, a court filing released June 26 revealed CEO Satya Nadella\u2019s ambitious goals for Microsoft and the strategies to achieve them.<\/p>\n<p>Specifically, in a June 2022 \u201c15-page memo with an accompanying 21-page document,\u201d Nadella told his executives and board Microsoft aims to grow revenues at least 10% per year to reach $500 billion in 2030 revenue \u2014 more than twice its current level, <em>CNBC<\/em> noted.<\/p>\n<p>Microsoft main growth driver is Microsoft Cloud \u2014 which includes the Azure public cloud (which competes with AWS and Google Cloud), parts of Microsoft 365 productivity software and portions of LinkedIn. \u201cOur priority is to maintain growth above the market rate to extend our lead over GCP and close the gap with AWS,\u201d Nadella wrote in the 21-page document, according to <em>CNBC<\/em>.<\/p>\n<h3 class=\"subhead3-embed color-body bg-base font-accent font-size text-align\">The $65.7 Billion In Freed Up Cash Would Yield More Growth If Invested in ChatGPT And Microsoft Cloud<\/h3>\n<p>I find it interesting that six months after announcing the deal to acquire Activision Blizzard, Nadella apparently did not consider Microsoft\u2019s gaming unit to be a growth driver worth emphasizing.<\/p>\n<p>Were Nadella to write such a memo today, I think he would have included ChatGPT as another significant growth driver and continued to place less emphasis on gaming.<\/p>\n<p>In April 2023, I estimated that ChatGPT could add $40 billion to Microsoft\u2019s revenues. To put that into perspective, in the year ending March 2023, Microsoft generated about $208 billion in revenue.<\/p>\n<p>So, ChatGPT revenue could add 20% to Microsoft\u2019s top line. By contrast, Activision Blizzard\u2019s revenue for the period was $8.1 billion, some 2% below the year before level \u2014 representing about 4% of Microsoft\u2019s revenue.<\/p>\n<p>Were the Activision Blizzard deal to fall apart, it would free up $65.7 billion in cash that Microsoft could invest in ChatGPT-related new business lines and Microsoft Cloud.<\/p>\n<p>That might help Microsoft achieve its $500 billion growth target ahead of schedule and boost its stock price considerably.<\/p>\n<p>However, it would likely hurt shareholders of Activision Blizzard \u2014 whose June 28 market capitalization of 96% of Microsoft\u2019s $68.7 billion deal price \u2014 embeds a high probability of the deal going through.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/petercohan\/2023\/06\/28\/if-687-billion-activision-blizzard-deal-dies-microsofts-stock-is-likely-to-rise\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 17 months have elapsed since Microsoft offered to pay $68.7 billion in cash for Activision Blizzard, maker of the Call of Duty and World of Warcraft games. This week, the Federal Trade Commission and Microsoft are facing off before U.S. District Judge Jacqueline Scott Corley in San Francisco. Scott Corley will decide whether [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":28856,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-28855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise | iFintechWorld<\/title>\n<meta name=\"description\" content=\"More than 17 months have elapsed since Microsoft offered to pay $68.7 billion in cash for Activision Blizzard, maker of the Call of Duty and World of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=28855\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"More than 17 months have elapsed since Microsoft offered to pay $68.7 billion in cash for Activision Blizzard, maker of the Call of Duty and World of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=28855\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-29T00:27:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-29T00:27:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1687998475_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"738\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=28855#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=28855\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise\",\"datePublished\":\"2023-06-29T00:27:55+00:00\",\"dateModified\":\"2023-06-29T00:27:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=28855\"},\"wordCount\":1371,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=28855#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=28855\",\"url\":\"https:\/\/ifintechworld.com\/?p=28855\",\"name\":\"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-06-29T00:27:55+00:00\",\"dateModified\":\"2023-06-29T00:27:56+00:00\",\"description\":\"More than 17 months have elapsed since Microsoft offered to pay $68.7 billion in cash for Activision Blizzard, maker of the Call of Duty and World of\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=28855#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=28855\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=28855#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise | iFintechWorld","description":"More than 17 months have elapsed since Microsoft offered to pay $68.7 billion in cash for Activision Blizzard, maker of the Call of Duty and World of","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=28855","og_locale":"en_US","og_type":"article","og_title":"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise | iFintechWorld","og_description":"More than 17 months have elapsed since Microsoft offered to pay $68.7 billion in cash for Activision Blizzard, maker of the Call of Duty and World of","og_url":"https:\/\/ifintechworld.com\/?p=28855","og_site_name":"iFintechWorld","article_published_time":"2023-06-29T00:27:55+00:00","article_modified_time":"2023-06-29T00:27:56+00:00","og_image":[{"width":1200,"height":738,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1687998475_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=28855#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=28855"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise","datePublished":"2023-06-29T00:27:55+00:00","dateModified":"2023-06-29T00:27:56+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=28855"},"wordCount":1371,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=28855#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=28855","url":"https:\/\/ifintechworld.com\/?p=28855","name":"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-06-29T00:27:55+00:00","dateModified":"2023-06-29T00:27:56+00:00","description":"More than 17 months have elapsed since Microsoft offered to pay $68.7 billion in cash for Activision Blizzard, maker of the Call of Duty and World of","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=28855#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=28855"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=28855#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"If $68.7 Billion Activision Blizzard Deal Dies, Microsoft\u2019s Stock Is Likely To Rise"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/28855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28855"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/28855\/revisions"}],"predecessor-version":[{"id":28857,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/28855\/revisions\/28857"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/28856"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}