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The Latest Breaking News from Bobby Kotick

SOC Investment Group urge Activision Blizzard shareholders to vote against re-election of Bobby Kotick

SOC Investment Group say that the ATVI board is either "guilty of staggering incompetence" or Bobby Kotick has commited a "fireable offense."

USA Today Sports Media Group

Raven Software’s QA team successfully unionizes in a near-unanimous vote

The Game Workers Alliance is the first of its kind among AAA gaming studios in the U.S.

Input

In major video game company first, Activision Blizzard employees are joining a union

A subset of staff at the massive video game company Activision Blizzard voted to join the Communication Workers of America. The vote comes as Activision Blizzard is being purchased by Microsoft.

WEKU

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Median CEO Pay Package Rose to $14.7 Million in 2021, a New High

The median pay package for chief executives of the biggest U.S. companies reached $14.7 million in 2021, setting a sixth-straight annual record as strong profits and robust markets boosted performance measures.

Bangkok Post

New NYC lawsuit spices up Microsoft's Activision acquisition

The suit alleges CEO Bobby Kotick rushed the Microsoft buyout to save himself.

Input

Activision New York lawsuit: Your 3 biggest questions, answered

A new lawsuit out of New York presents yet another legal wrinkle in the ongoing saga of Activision Blizzard. Here's what the suit says, and what could happen.

Inverse

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

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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

New York City sues Activision, targeting CEO Bobby Kotick

The suit alleges a rushed takeover deal with Microsoft to escape liability

Axios

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

Activision Blizzard stockholders approve Microsoft buyout

Wall Street reportedly bets the deal will fail, though.

USA Today Sports Media Group

Microsoft Receives an Important Green Light

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

The Street

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

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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

The Street

Activision Blizzard Dodges Another Bullet

A U.S. judge has ruled on Activision Blizzard's investor lawsuit.

Benzinga

Top Meta Official Faces Internal Scrutiny For Doling Out Favours To Activision CEO Bobby Kotick

Meta Platforms Inc (NASDAQ: FB) COO Sheryl Sandberg faced internal scrutiny for allegedly pressing a U.K.

Axios

Activision Blizzard adding two senior women executives to its board

The board has been criticized for sticking by CEO Bobby Kotick amid allegations of the company's toxic culture.

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inkl Originals

The Weekly Wrap for Saturday, 2 April 2022

How do you lose $625,000,000 on a blockchain browser game? This week we are going to Axie Infinity, and beyond the realms of common sense.

The Street

Microsoft/Activision Deal Hits a Potential Game Changer

It could make Microsoft a bigger player than ever, but will it go through?

Axios

Activision insider trading investigation expands

If there's a real case to be made here, it would be the highest-profile in memory.

The Street

Activision Tries to Fix Its Big Problem Before Microsoft Takeover

The video game publisher is rocked by scandals that make it a PR nightmare.

Benzinga

Microsoft-Activision Deal Faces Regulatory Roadblock: WSJ

Four U.S. Senators sent a letter to the Federal Trade Commission citing concerns about Microsoft Corp’s (NASDAQ:MSFT) proposed acquisition of Activision Blizzard Inc (NASDAQ:ATVI), the Wall Street Journal reports. The Senators voiced concerns over undermining employees’ calls for accountability over alleged misconduct at the videogame giant. The deal could aggravate the barrage of sexual abuse, harassment, and…

Los Angeles Times

Activision Blizzard to pay $18 million to victims of harassment and discrimination

Activision Blizzard agreed to set up an $18-million fund for employees who experienced sexual harassment or discrimination, pregnancy discrimination or retaliation as part of a settlement with a federal employment agency on Tuesday.

The Street

Activision Faces New Sexual Harassment Suit as Microsoft Buyout Looms

The suit says the plaintiff complained to HR on multiple occasions and was dismissed.

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