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The Latest Breaking News from Bobby Kotick

Microsoft’s $69 billion Activision takeover is on life-support after regulators say no

The companies now face a challenging appeal process in the U.K.

Fortune

Microsoft hits out at UK regulator's 'flawed understanding' of game industry as multi-billion dollar Activision merger blocked

The UK's competition authority refuses to allow Microsoft's multi-billion-dollar acquisition of Activision, ruling such market dominance would suppress innovation in new technologies like cloud gaming.

ABC News

Xbox's Activision Blizzard deal has been blocked by the UK, Microsoft to appeal

Microsoft's bid to acquire Activision Blizzard has fallen at the final hurdle, with the CMA in the United Kingdom blocking the deal.

Windows Central

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Bobby Kotick says Sony's being a baby about Microsoft deal: 'They would just like to prevent our merger from happening'

Activision Blizzard's CEO is feeling bullish about the merger going through.

PC Gamer

The Chinese versions of Blizzard's games may have been shut down over a big misunderstanding

A New York Times report says the bad blood came to a boil over a perceived threat during a licensing negotiation.

PC Gamer

Activision CEO says he won't allow Sony's "disappointing" behavior to "affect our long term relationship"

Bobby Kotick says he's "confident" Activision will be bought out by Microsoft in the end

GamesRadar

Sony set on 'sabotaging' Microsoft's Activision buyout alleges Bobby Kotick

The Activision CEO said Sony is being uncooperative in discussions.

Daily Mirror

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Activision Stock Jumps As 'Call of Duty' Drives Impressive Q4 Sales; Microsoft Takeover In Focus

Activision's merger with Microsoft "will enable us to better serve our players, create greater opportunities for our employees, and allow us to succeed in an increasingly competitive global gaming industry,” said CEO Bobby Kotick.

The Street

Microsoft says the FTC’s Xbox lawsuit violates the U.S. Constitution

Microsoft issued its response to the FTC’s lawsuit against the Activision Blizzard deal and called the Commission’s actions unconstitutional

USA Today Sports Media Group

FTC votes to file suit to block Microsoft’s $69 Billion Activision deal

The U.S. Federal Trade Commission is seeking to block Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc., saying the tie-up between the Xbox maker and popular gaming publisher would harm competition.

Tribune News Service

Activision Stock Slides As FTC Moves to Block $69 Billion Microsoft Takeover

"We seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition," the FTC said.

The Street

Activision Blizzard Q3 Earnings: Revenue And EPS Beat, Call Of Duty Sales Record, Microsoft Acquisition Update And More

Video game company Activision Blizzard (NASDAQ: ATVI) reported third-quarter results after the market close Monday.

Benzinga

Activision Stock Higher As Call of Duty Powers Q3 Earnings Beat; Say $69 Billion Microsoft Deal Still On Track

"We continue to expect that our (takeover) transaction will close in Microsoft’s current fiscal year ending June 2023," said CEO Bobby Kotick.

The Street

Microsoft-Activision deal just hit a major snag — thanks to Call of Duty

A UK agency has voiced concerns about Microsoft’s deal to acquire Activision Blizzard, and has recommended a more thorough investigation.

Inverse

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Benzinga

Blizzard Entertainment Acquires This Boston-Based Studio For Undisclosed Terms

Activision Blizzard, Inc's (NASDAQ:ATVI) Blizzard Entertainment closed the acquisition of the Boston-based studio Proletariat. The financial terms of the transaction remain undisclosed. The acquisition will help better serve players in the multiplayer online role-playing game World of Warcraft. "Over the next two years, we plan to hire hundreds of the best developers to…

Benzinga

Activision Blizzard's Independent Board Gives Its Officers Clean Chit Against Denial Of Harassment Claims

Activision Blizzard, Inc's (NASDAQ:ATVI) Workplace Responsibility Committee of independent directors dismissed allegations of rebuttal of gender harassment claims by senior officials as alleged by different media reports. The gaming giant acknowledged some substantiated instances of gender harassment. However, it denied awareness and tolerance of harassment by the officials. Also Read: Activision Blizzard Registers 22% Revenue…

Businessweek

Sheryl Sandberg’s Wedding Expenses Are the Least of Facebook’s Sheryl Sandberg Problems

The company also faces antitrust scrutiny, questions about potential abuses of power, and an advertising business under attack from competitors and regulators.

Benzinga

Activision Blizzard Chief Takes Positive Step Towards Union Taking Cues From Microsoft, Amazon

Activision Blizzard, Inc (NASDAQ:ATVI) CEO Bobby Kotick shared plans to negotiate with the Communications Workers of America over a collective bargaining agreement for employees at its subsidiary Raven Software. Kotick looked to meet CWA leaders at the bargaining table and work toward an agreement. Activision Blizzard faced charges of union-busting and illegally retaliating…

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USA Today Sports Media Group

Activision Blizzard officially recognises Raven Software QA union, begins negotiations

After months of unionization efforts from Raven Software, including a strike, Activision Blizzard has officially recognized their union.

The Street

Zuckerberg Loses His Right-Hand Woman

The CEO of the social media giant Meta Platforms has just lost his most loyal lieutenant and key money maker.

USA Today Sports Media Group

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."

Input

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.

WEKU

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.

Bangkok Post

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.

Input

New NYC lawsuit spices up Microsoft's Activision acquisition

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

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