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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 ...

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Microsoft x Activision Blizzard FAQs do not answer questions

Microsoft x Activision Blizzard FAQs do not answer questions

photo: SOPA images (Getty Images) As part of Microsoft’s proposed $70 billion purchaseSome sort of official FAQ was sent out to all Activision Blizzard employees. Unfortunately, not many questions are actually answered, with the answers looking more like giant black holes in the shape of things could be answers. Someday. Could be. The FAQ – ...

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Why Bobby Kotick sold Activision to Microsoft WITHOUT his PR spin

Why Bobby Kotick sold Activision to Microsoft WITHOUT his PR spin

photo: mike diaper (Getty Images) As you’ve probably heard, Microsoft wants to buy Activision Blizzard for a whopping $68.7 billion. But why Activision CEO Bobby Kotick suddenly decided to relinquish control of the company, and where that leaves the ailing executive after the ink has dried, depends on who you ask. For example, Kotick himself ...

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Microsoft’s  billion purchase of Activision was inevitable

Microsoft’s $70 billion purchase of Activision was inevitable

photo: FREDERICK J. BROWN (Getty Images) Microsoft’s purchase of Activision Blizzard was significant news today, both for the scope of the deal and its shock value. But we shouldn’t be too surprised. That was inevitable. A handful of companies have always wanted to own everything, and nothing will stop them. The proposed sale – for ...

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This is how much money video game CEOs made in 2020

This is how much money video game CEOs made in 2020

Strauss Zelnick, CEO of Take-Two, seen here in a luxe cashmere turtleneck in 2017.photo: Stuart C Wilson (Getty Images) In 2020, as the world grappled with a paradigmatic societal shift in the form of a global pandemic, the CEOs of the largest gaming companies collectively brought home almost $1 billion. This is acc a new ...