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The Latest Breaking News from Activision Blizzard

World of Warcraft Franchise Coming To Mobile: What Investors And Gamers Should Know

A new game is bringing the World of Warcraft franchise to mobile users. Here’s what investors and gamers should know about the Activision Blizzard (NASDAQ: ATVI) announcement.

Benzinga

Lawsuit Claims Activision CEO Sped Up Microsoft Deal to Dodge Liability

The lawsuit was filed by a fund of teachers, members of the police force, and firefighters who are shareholders of Activision Blizzard stock.

The Street

New York City is suing Activision Blizzard, insists CEO ‘rushed’ to secure Microsoft acquisition

The lawsuit alleges that Bobby Kotick and others are attempting to 'escape' liability.

USA Today Sports Media Group

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Activision CEO Can Pocket Over $500 Million After Microsoft Deal

Activision Blizzard CEO Bobby Kotick will be richer than ever in a few years.

The Street

Activision Blizzard advises shareholders to vote against employee-elected board member, harassment report

ATVI shareholders requested a vote on allowing for an employee-elected board member and the creation of a report on the company’s continued problems with and actions to counteract sexual harrassment. The company says to vote against both.

USA Today Sports Media Group

PreMarket Prep Stock Of The Day: Buffett's Risk-On Approach To Activision Blizzard

At the annual meeting for Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), it was announced his firm

Benzinga

$100 Invested In Activision Blizzard 15 Years Ago Would Be Worth This Much

Activision Blizzard (NASDAQ:ATVI) has outperformed the market over the past 15 years by 7.67% on an annualized basis producing an average annual return of 14.6%. Currently, Activision Blizzard has a market capitalization of $60.70 billion.

Benzinga

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Why Activision Blizzard Shares Are Rising Today

Activision Blizzard Inc (NASDAQ: ATVI) shares are trading higher Monday morning after Warren Buffett said Berkshire Hathaway has built about a 9.5% stake in the video game company.

Benzinga

Activision Stock Jumps As Warren Buffett Reveals $5.6 Billion Stake Ahead of Microsoft Takeover

"If the deal goes through we make some money, and if it doesn't go through who knows," Buffett told Berkshire Hathaway investors on Saturday.

The Street

Buffett's Berkshire Activision Stake Rises to 9.5%

Berkshire Hathaway increased stake of Activision is nearly 10%.

The Street

Peering Into Activision Blizzard's Recent Short Interest

Activision Blizzard's (NASDAQ:ATVI) short percent of float has risen 6.79% since its last report. The company recently reported that it has 21.84 million shares sold short, which is 2.99% of all regular shares that are available for trading.

Benzinga

Ex-Blizzard EU employees are entitled to more than six months backpay – but they’ll have to go to court for it

The ongoing legal challenge against Activision Blizzard’s closure of their EU office has reached an important milestone today, as French courts ruled to invalidate the redundancies applied when the Versailles office was closed.

USA Today Sports Media Group

Web3 Leads Metaverse Companies Like Facebook Into Brave New Virtual Worlds

Web3, which runs on blockchain, cryptocurrencies and non-fungible tokens, is getting major support as the third generation of the internet.

Investors Business Daily

Activision Blizzard stockholders approve Microsoft buyout

Wall Street reportedly bets the deal will fail, though.

USA Today Sports Media Group

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The Street

Microsoft Receives an Important Green Light

One hurdle has been cleared for Microsoft to acquire Activision Blizzard.

Asharq Al-Awsat

Activision Blizzard Shareholders Approve $68.7 Bln Microsoft Deal

Videogame publisher Activision Blizzard Inc said on Thursday that its shareholders approved Microsoft Corp's $68.7 billion proposal to buy the "Call of Duty" maker. More than 98% of the shares voted at a special meeting held earlier in the day were in favor of the proposed transaction, the Santa Monica,…

Inverse

'Overwatch 2’ beta: One shocking trend proves there's still hope for the sequel

After months of Activision Blizzard lawsuits, 'Overwatch 2's beta is finally out. A surprising number of fans are revisiting the game, but will it last?

Benzinga

Analysts Share Their View On Activision Blizzard Post Q1 Performance

Analysts offered their views on Activision Blizzard, Inc (NASDAQ:ATVI) post Q1 FY22 results. Raymond James saw ATVI's Q1 results significantly below expectations, driven by continued weakness in Call of Duty and a low ebb of content in Blizzard. It continued to see sizable headwinds for Call of Duty through the rest of the year until the anticipated release…

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The Street

Microsoft Isn't Finished Buying Game Companies

Activision Blizzard won't be the last studio Microsoft acquires.

USA Today Sports Media Group

Call of Duty: Warzone sequel will get shown off this year

Activision confirms that the next iteration of its battle royale is getting a reveal in 2022.

Benzinga

Rosenblatt Held Conviction On Microsoft Ahead Of Q3

Rosenblatt analyst Blair Abernethy reiterated a Buy rating on Microsoft Corp (NASDAQ:MSFT) with a price target of $349. The price target implied an upside of 27.7%. Microsoft looks to report its Q3 FY22 results on March 26 after market close. Also Read: Activision Blizzard Registers 22% Revenue Decline In Q1, Ditches Outlook Due To Microsoft Deal…

Benzinga

Activision Blizzard Registers 22% Revenue Decline In Q1, Ditches Outlook Due To Microsoft Deal

Activision Blizzard Inc (NASDAQ:ATVI) reported a first-quarter FY22 net revenue decline of 22.3% year-on-year to $1.77 billion missing the consensus of $1.80 billion. Q1 Net bookings were $1.48 billion. Product sales declined 42.8% Y/Y to $386 million. In-game, subscription and other revenues decreased 13.6% Y/Y to $1.38 billion. Non-GAAP EPS of $0.64 missed…

The Street

Activision Blizzard Stock Slips As Weaker 'Call of Duty' Demand Hits Q1 Earnings

Activision said its $69 billion sale to Microsoft will close in the second quarter of next year.

The Guardian - US

The rich haven’t just gotten richer – they’ve also gotten a lot more selfish

US billionaires now own a combined $4.7tn, according to a new analysis – but to Elon Musk, since he doesn’t have a yacht or own a home, that’s totally OK

The Guardian - US

Meta's Sheryl Sandberg allegedly leant on news site to drop stories about ex-boyfriend

The Daily Mail dropped two stories detailing Activision’s Bobby Kotich’s abuse of an ex after threats by Meta executive, WSJ reports

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