Activision Blizzard CEO to Depart Following Microsoft Acquisition
The long-serving CEO of Activision Blizzard, Bobby Kotick, is set to leave the company just over two months after its acquisition by Microsoft Corp. In a public email to employees,…
Berkshire Hathaway Reduces Stake in Activision Blizzard by 70%
Berkshire Hathaway, the renowned investment firm led by Warren Buffett, has decided to reduce its stake in video game maker Activision Blizzard by a significant 70%. This move comes amidst…
Berkshire Hathaway Discloses Almost $1B Stake in Activision Before Microsoft Deal
(FT) Warren Buffett’s Berkshire Hathaway booked $975 million worth of shares in Activision Blizzard ahead of the company’s $75 billion buyout by Microsoft. The purchase of 14.7 million shares in…
Microsoft in Talks to Acquire Video Game Maker Activision in a $70B Deal
(Microsoft) Microsoft is close to reaching a deal to acquire Activision, the video game maker behind the “Call of Duty” franchise, the company’s largest-ever takeover. The acquisition will accelerate the…
Activision Blizzard Addresses Claims of Sexual Harassment by Firing Employees
(WSJ) More than three dozen employees have exited Activision Blizzard Inc., while up to 44 others have been punished as the company addresses allegations of misconduct. The move by Activision…