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FTC criticizes Xbox Game Pass price increases in latest appeal

FTC criticizes Xbox Game Pass price increases in latest appeal

Picture: Microsoft On Wednesday, the Federal Trade Commission cited Microsoft’s recent price adjustment for Xbox Game Pass as Evidence of the damage caused by the merger with Activision Blizzard had on consumers. The agency filed a new letter in its ongoing appeal of last year’s deal and called the changes “exactly the kind of consumer ...

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Not even Call of Duty developers are safe from layoffs

Not even Call of Duty developers are safe from layoffs

On January 25th Microsoft announced a workforce reduction of almost 9 percent In the company’s gaming department, a total of almost 2,000 employees have lost their jobs at Activision Blizzard, ZeniMax and Xbox. Some of these people worked on it call of Dutyone of the largest and most profitable franchises in the industry, showing that ...

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Embattled ActiBlizz CEO Kotick writes a farewell letter

Embattled ActiBlizz CEO Kotick writes a farewell letter

We knew it would be long-time Activision Blizzard CEO Bobby Kotick will step down at the end of this year the following Microsoft’s historic acquisition of his company– but we didn’t know he would officially leave on the last day working day 2023, technically two days before the end of the year. This tidbit was ...

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Activision will pay  million to settle discrimination lawsuit

Activision will pay $50 million to settle discrimination lawsuit

photo: Kevin Dietsch (Getty Images) Activision Blizzard has been the focus of criticism for several years due to its widely criticized “boys’ club” corporate culture sleazy games. And now, late Friday evening, just before the holiday season really begins, The Wall Street Journal reports that the embattled gaming company will pay $50 million to settle ...

Activision deals are under investigation by the Department of Justice, SEC

Activision deals are under investigation by the Department of Justice, SEC

The three men currently under investigation: media tycoon David Geffen, Fox co-founder Barry Diller and Alexander von Furstenbergphoto: Matt Winkelmeyer, Bruce Glikas, and Donato Sardella (Getty Images) the Wall Street Journal reported that three men– Fox co-founder Barry Diller, Hates Reggie Miller Socialite Alexander von Furstenberg and music magnate David Geffen – are currently the ...

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Call of Duty execs accused of misleading investors on deal

Call of Duty execs accused of misleading investors on deal

image: activity Two Activision Blizzard shareholders have filed a lawsuit call of Duty Publisher for the production supposedly insufficient Disclosures in its recent filings with the SEC about its transaction Sold to Microsoft for $68.7 billion. The investors continued to claim that large payouts for CEO Bobby Kotick and others that would result from the ...