Activision Blizzard shareholders approved aproposed sale to Microsoft for $68.7 billion, the video game publisher announced on Thursday. "Today’s overwhelmingly supportive vote by our stockholders confirms our shared belief that, combined with Microsoft, we will be even better positioned to create grea...
Microsoft’s Activision Blizzard acquisition is about to clear its final hurdle “Given Kotick’s personal responsibility and liability for Activision’s broken workplace, it should’ve been clear to the board that he was unfit to negotiate a sale of the company,” the complaint reads. “Not o...
Microsoft has also been working to win over skeptics in the U.S., starting with a labor union that's been trying to organize Activision Blizzard employees. Democratic lawmakers have also expressed concern aboutallegations of Activision's toxic workplace culturefor women, which led to employee walk...
Activision Blizzard has gone through a lot this year – after a gruelling back-and-forth with regulators regarding its sale to Microsoft (which has now been approved), it looks like the company might be crowning a new CEO next year, after a statement made by current CEO Bobby Kotick to ...
is remarkably sanguine for a CEO fighting battles on multiple fronts. He’s in a similar predicament to the one that AT&T and Time Warner were five years ago, as he’s spent the past 18 months (and counting) lobbying regulators to approve the sale of Activision Blizzard toMicros...
Coca-Cola Co.said Friday that Bobby Kotick, CEO of video game publisherActivision Blizzard, would not stand for re-election to the company's board of directors. Kotick is stepping down as the company works to complete the sale toMicrosoftfor $68.7 billion, the largest U.S. technology transac...
With Activision Blizzard’s sale to Microsoft pending, no word yet on if “console” includes PlayStation or is Xbox-only. 0 Comments0 New Most Popular Most Popular The Nintendo Switch 2, as described by Dbrand HDMI 2.2 will be announced next month — and it may require a new cable ...
As spotted by Axios' Stephen Totilo, Activision added a line to its United States Securities and Exchange Commission filing about the planned sale to Microsoft that made clear these talks have not happened yet. "No discussions or negotiations regarding post-closing employment arrangements with Microsof...
The CMA describes Microsoft’s concession as a “gamechanger that will promote competition” in the growing cloud gaming market. “With the sale of Activision’s cloud streaming rights to Ubisoft, we’ve made sure Microsoft can’t have a stranglehold over this important and rapidly developing mar...
“The CMA has decided to give Microsoft Corporation (Microsoft) consent to acquire Activision Blizzard, Inc. (Activision) (the Parties) excluding Activision’s cloud streaming rights outside of the European Economic Area (EEA) (the Merger) subject to the condition...