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The Latest Breaking News from Activision Blizzard

Activision Tries to Fix Its Big Problem Before Microsoft Takeover

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

The Street

Covid pushes UK video games market to record £7bn – but games sales fall

Gamers stocked up on hardware such as consoles and virtual reality gear, offsetting a fall in game sales

The Guardian - UK

Activision Blizzard settles federal sexual harassment suit for $18M

Gaming giant Activision Blizzard has settled the federal suit for $18 million, but still faces many other legal suits from other parties.

Input

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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.

Los Angeles Times

Judge approves Activision Blizzard’s $18m settlement over sexual harassment suit

Gaming company, which faces further lawsuits, agrees to take steps to prevent and address discrimination and harassment

The Guardian - US

Tech Stocks Roundup: Apple Is Working on a New Golden Opportunity

Check out the latest news and performance numbers from the top technology stocks like Facebook, Amazon, Microsoft, Google, Uber, and more.

The Street

Microsoft Says It Won't Stop Activision Staff's Union Efforts. Are You Convinced?

The statement comes amid a new sexual harassment lawsuit against Activision Blizzard.

The Street

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Activision Faces New Sexual Harassment Suit as Microsoft Buyout Looms

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

The Street

Activision Blizzard faces another sexual harassment lawsuit

The suit was filed on Wednesday by Attorney Lisa Bloom.

USA Today Sports Media Group

Video game workers found their voices in the pandemic. Could unions be next?

With Christmas a few weeks away, Onah Rongstad had been working round-the-clock to prepare for the release of new content in "Call of Duty: Warzone," an entry in the bestselling first-person-shooter franchise.

Los Angeles Times

Hopeful Golden Cross Forms On Activision Blizzard's Chart

If history is any guide, there may be good fortune ahead for shares of Activision Blizzard (NASDAQ:ATVI). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Benzinga

If You Invested $1000 In This Stock 10 Years Ago, Here's How Much You Would Have Today

Activision Blizzard (NASDAQ:ATVI) has outperformed the market over the past 10 years by 8.21% on an annualized basis.

Benzinga

Sony lawsuit proves the games industry is starting to fix its worst problem

Eight women shared their experiences to support a former IT analysts' wrongful termination lawsuit from Sony based on gender discrimination.

Inverse

Activision Blizzard Is Being Sued by Shareholders Over Microsoft Sale. Here's Why it Matters.

The Microsoft sale wasn't good news for everyone, apparently.

The Street

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Inverse

Activision workers are optimistic after labor board hearing: "Democracy will win"

Amidst the ongoing hearings involving Activision Blizzard, unionizing employees are optimistic for the decision the National Labor Relations board will reach.

USA Today Sports Media Group

Electronic Arts SVP Laura Miele slams toxic video game industry leaders

The EA executive had some stern words.

The Street

Russia Sanctions, Activision, Palo Alto Networks, Tesla and Stocks - Five Things You Must Know

Stock futures bounce higher as Russia-Ukraine crisis pauses; Britain joins U.S. With Russia-targeted sanctions on banks, billionaires; Activision Blizzard set to delay premium 'Call of Duty' release; Palo Alto Networks tops Q2 earnings, boosts outlook and Tesla seeks permission to expand Shanghai production pace.

USA Today Sports Media Group

Activision Blizzard reportedly delays 2023’s Call of Duty

Reports claim the FPS series may tap-out for a year.

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Benzinga

Microsoft's Activision Acquisition Triggers Regulatory Subpoenas Over Workplace Harassment

The Wall Street Journal reports that federal and state regulators have broadened their investigations into Activision Blizzard Inc's (NASDAQ:ATVI) leadership role in handling workplace misconduct claims. State watchdog, The California Department of Fair Employment and Housing subpoenaed Activision's directors over its workplace issues. It also has subpoenaed police departments in the Los Angeles area…

Benzinga

Warren Buffett Responds To Speculations Surrounding Berkshire's $1B Stake In Activision And Microsoft Deal

Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) chairman and CEO Warren Buffett on Thursday adamantly denied that he or his colleagues at the investment firm had advanced knowledge of Microsoft

Benzinga

Berkshire Hathaway Bought $1B Worth Activision Blizzard Stock Before Microsoft Lapped It Up

Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK-B)

Asharq Al-Awsat

Microsoft Vows App Store Fairness with Activision Merger

Microsoft on Wednesday courted the favor of antitrust regulators scrutinizing its plan to buy video game maker Activision Blizzard, promising that any app store it builds will treat developers fairly. Microsoft president Brad Smith laid out a set of "Open App Store Principles" that will apply to the store it…

AFP

Microsoft vows app store fairness with Activision merger

San Francisco (AFP) - Microsoft on Wednesday courted the favor of antitrust regulators scrutinizing its plan to buy video game maker Activision Blizzard, promising that any app store it builds will treat developers fairly.

USA Today Sports Media Group

PlayStation will receive Activision Blizzard games ‘beyond existing agreements’ says Microsoft

As will Nintendo.

USA Today Sports Media Group

61% of Activision Blizzard’s 2021 revenue was earned via microtransactions

Well over half of Activision Blizzard’s revenue last year came from people buying cosmetic items, loot boxes, and DLC packs.

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