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The Latest Breaking News from Activision

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

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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

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

The Independent UK

California governor has been allegedly meddling in Activision Blizzard lawsuit

Gavin Newsom was accused of firing a DFEH lawyer.

USA Today Sports Media Group

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.

Input

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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…

Benzinga

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.

Input

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.

inkl Originals

Activision insider trading investigation expands

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

Axios

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…

Benzinga

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

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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

Inverse

'Call of Duty: Vanguard' Season 2 Reloaded release date and 'Warzone' updates

The upcoming Call of Duty update for 'Warzone' and 'Vanguard' will feature a boatload of changes during Season 2 Reloaded. Here's what to expect.

USA Today Sports Media Group

Call of Duty: Warzone is coming to mobile

The battle royale phenomenon will drop on phones.

Benzinga

DOJ, SEC Investigate Possible Insider Trading Violation On Microsoft-Activision Deal: WSJ

Federal prosecutors and securities regulators are investigating three men with an unrealized profit of ~$60 million on the options trade, betting on Microsoft Corp's (NASDAQ:MSFT) acquisition of Activision Blizzard Inc (NASDAQ:ATVI), the Wall Street Journal reports. The Justice Department investigated for possible violation of insider-trading law by the options trades violated insider-trading laws. The SEC…

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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.

Input

'Call of Duty' may skip yearly release for first time in almost two decades

According to a report from 'Bloomberg,' tepid sales are the driving force behind a decision to delay the release of a new 'Call of Duty.'

Benzinga

Call of Duty's Planned 2023 Release Delayed By Activision: Bloomberg

Activision Blizzard Inc (NASDAQ:ATVI) looks to delay a "Call of Duty" (COD) game, Bloomberg reports. The failure of recent COD releases to meet sales expectations triggered the belief that Activision introduced new versions too rapidly. Activision initially aimed to release the game in 2023. The postponement will make 2023 the first year…

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

PreMarket Prep: Wedbush's Michael Pachter On The Microsoft-Activision Deal And Risk Arbitrage

There are several different ways investors make money in the financial markets. One way that is not found as often in the daily headlines is risk/merger arbitrage.

Benzinga

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

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

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