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The Latest Breaking News from Activision

Wall Street is betting that Microsoft-Activision deal will fail

Activision Blizzard Inc. shareholders approved the company’s $69 billion sale to Microsoft Corp on Thursday, but Wall Street is betting that Biden antitrust enforcers could unravel one of the largest mergers in U.S. history.

Tribune News Service

Why Is Twitter Stock So Far From Elon Musk's Takeover Price?

We all know Elon Musk’s offer to purchase Twitter Inc. (NYSE: TWTR) for all cash has been accepted by the board.

Benzinga

Activision Blizzard stockholders approve Microsoft buyout

Wall Street reportedly bets the deal will fail, though.

USA Today Sports Media Group

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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,…

Asharq Al-Awsat

'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?

Inverse

Cloud Computing Helps Power Strong Microsoft Quarter

Microsoft on Tuesday reported strong quarterly earnings, powered by demand for cloud computing. The tech titan said it made a profit of $16.7 billion on revenue of $49.4 billion in the first three months of this year, eight percent and 18 percent, respectively, more than in the period a year…

Asharq Al-Awsat

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…

Benzinga

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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.

USA Today Sports Media Group

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 Guardian - US

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.

Benzinga

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.

Axios

Sony/FromSoftware deal rumors debunked: Why an acquisition isn't likely

Rumors of Sony purchasing Elden Ring developer FromSoftware have been running rampant, but it's seems somewhat unlikely in the grand scheme of things.

Inverse

'Warzone' Godzilla update sounds rad, but the timing couldn't be worse

A Godzilla/King Kong event is all but confirmed for 'Warzone,' but given the game's state, and Activision's ongoing legal battles, now isn't the time.

Inverse

State lawyer alleges Newsom interfered in Activision lawsuit

A California state lawyer has resigned over what she alleges were undue attempts by Gov. Gavin Newsom and his office to interfere in a state lawsuit against video game giant Activision Blizzard

The Independent UK

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The Independent UK

California state lawyer suing Activision Blizzard is fired

A top California state civil rights lawyer who was pursuing a discrimination case against video game giant Activision Blizzard has been fired, and another has quit in protest

USA Today Sports Media Group

California governor has been allegedly meddling in Activision Blizzard lawsuit

Gavin Newsom was accused of firing a DFEH lawyer.

Input

California lawyer quits, claiming Gov. Newsom meddled in Activision suit

A top attorney at the California state agency that sued Activision has resigned, claiming that Gov. Gavin Newsom interfered with the case, a Bloomberg report claims.

Benzinga

Activision Blizzard Looks To Convert Temporary Staff To Full Time Roles

Activision Blizzard Inc (NASDAQ:ATVI) looks to convert 1,100 U.S.-based temporary and contingent quality assurance workers of some divisions to full-time employees, starting July 1, Reuters reports. Microsoft Corp's (NASDAQ:MSFT) acquisition target looks to raise the minimum hourly wages for the employees from the Activision Publishing and Blizzard divisions to $20 or more and offer them…

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Input

Activision Blizzard grants (most) quality assurance testers full-time status

A huge win for the company's QA workers — but not enough to stop employees from organizing.

Input

Activision Blizzard staff strike after studio drops vaccine requirement

A number of Activision Blizzard staff have chosen to strike in protest of the publisher ending a vaccination requirement for in-office workers.

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.

Axios

Activision insider trading investigation expands

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

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 Guardian - US

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

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