How Microsoft is replicating the Netflix model for its gaming business

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Microsoft (MSFT) is one step closer to closing its deal for Activision Blizzard (ATVI) after UK regulators accepted some of the changes Microsoft made to get the regulators' sign-off. Microsoft made concessions on cloud gaming in order to get the approval. Wedbush Managing Director of Equity Research Michael Pachter says Microsoft is making a 'brilliant' move in terms of cloud gaming, one he likens to Netflix's business model. Watch the video above to find out why. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Tina Turner was a singer, songwriter and actress. Known as the "Queen of Rock 'n' Roll".CBS’ The Young and the Restless today paid tribute to the late Billy Miller, who from 2008-2014 filled the role of Billy Abbott — and earned no fewer that three Daytime Emmys along the way.

Charlie Harper had no shortage of bowling shirts — and Two and a Half Men had no shortage of guest stars. The crass comedy served up as many laughs as it did celebrity cameos, making it difficult to remember just how many familiar faces passed through the Malibu beach house over the years. In honor …It’s 6:34 a.m., and the sun is rising as Gerry Turner hands out his final rose of the night. His bedtime came and went long ago.

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