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The New York City Employees' Retirement System, which are shareholders of Activision Blizzard, sued the company in April 2022, arguing that the company had made the acquisition deal quickly with Microsoft as to try to cover up the misdoings of Kotick that had been uncovered as part of the ongoing DCEH lawsuit and escape any liability.
Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals ...
A little over three months after Microsoft closed its acquisition of Activision Blizzard, the tech giant is slashing the ranks of its gaming division. Microsoft Gaming CEO Phil Spencer announced ...
Bobby Kotick is officially leaving Activision Blizzard on Dec. 29, after more than three decades as CEO of the gaming giant, following Microsoft’s $69 billion takeover of the company. With his ...
Call of Duty, an Activision Blizzard franchise, would remain on Sony's PlayStation platform for at least three more games, according to Bloomberg News's Jason Schreier; at the time, the games remaining on PlayStation included Call of Duty: Modern Warfare II (2022), Call of Duty: Warzone 2.0 (2022), and Treyarch's forthcoming Call of Duty game ...
Activision Blizzard, Inc. [a] is an American video game holding company based in Santa Monica, California. [3] Activision Blizzard currently includes five business units: [4] Activision Publishing, Blizzard Entertainment, King, [5] Major League Gaming, [6] and Activision Blizzard Studios.
Microsoft announced last month that it would lay off 1,900 employees at Activision Blizzard and Xbox, a cut that represents about 8% of the overall Microsoft Gaming division.
UPDATED: Microsoft closed a $68.7 billion deal to acquire Activision Blizzard on Friday after getting the green light from regulators in the U.K., nearly two years after it was first announced.