Tag Archives: Activision

LOS ANGELES, CALIFORNIA – JUNE 09: Phil Spencer, Executive President of Gaming at Microsoft, speaks … [+] during the Xbox E3 2019 Briefing at The Microsoft Theater on June 09, 2019 in Los Angeles, California. (Photo by Christian Petersen/Getty Images) Getty Images The longer this goes, the less I’m sure this Microsoft Activision acquisition may actually happen. Through it all, I figured megacorp muscle would get it done, but what’s the biggest threat to a megacorp? A bunch of other… Source link

Google and Nvidia have contacted US financial regulators about Microsoft’s proposed $69bn takeover of Activision Blizzard, according to Bloomberg (paywall). Sources told the website both Google and Nvidia had “expressed concerns” to the Federal Trade Commision (FTC), which sued to block the deal in December. The FTC has argued the buyout, which would grant Microsoft ownership of the likes of Call of Duty, World of Warcraft and Candy Crush, would reduce competition… Source link

Google and Nvidia have both reportedly joined Sony in raising concerns to the Federal Trade Commission (FTC) regarding Microsoft’s planned $69 billion acquisition of Activision Blizzard, according to a Bloomberg report. The two companies reportedly contend that by acquiring Activision Blizzard, Microsoft would gain an unfair advantage in the cloud, subscription, and mobile gaming markets. That said, one source told Bloomberg that Nvidia at least is not expressly opposed to the acquisition,… Source link

Daniel Alegre, chief operating officer and president of video game giant Activision Blizzard, will join NFT leader Yuga Labs as its new CEO, according to a blog post. Effective sometime in the first half of 2023, Alegre will replace the company’s current CEO Nicole Muniz, who will stay on as a partner and strategic advisor to the company. “Daniel has held one of the highest level roles at one of the largest gaming companies in the world,” Wylie Aronow, Yuga Labs co-founder, said in a… Source link

OAKLAND, Calif., Nov 17 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has struck deals with at least 24 big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc (ATVI.O) about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to pay Tencent Holdings Ltd’s <0700.HK> Riot Games unit, which makes “League of Legends,” $30 million over one year in a similar deal, the filing stated. The… Source link

Stocks held on to gains Monday, reversing earlier declines, with the Nasdaq leading the way, closing up 0.62% to 13,128.05. Here are the top trending after-hours tickers on Yahoo Finance: Apple (AAPL), Activision Blizzard (ATVI), Ally Financial (ALLY): Berkshire Hathaway boosted its stake in Apple, Activision Blizzard, Ally Financial, Paramount Global (PARA) and Celanese (CE), according to a regulatory 13F filing. Berkshire added about 3.9 million shares of Apple, bringing its total stake in… Source link

“Call of Duty” maker Activision Blizzard (ATVI) reported its Q2 earnings after the closing bell Monday, beating analysts’ expectations on revenue, but falling short on the bottom line as the industry contends with a slowdown from its pandemic-era highs. Here are the most important numbers from the announcement versus what Wall Street was anticipating from the gaming giant, as compiled by Bloomberg. Shares of Activision Blizzard were largely flat following the report. While Activision… Source link

Employees pass in front of the main entrance at Activision Blizzard in Irvine in July. The Irvine office and two other offices out of state will still require employees to be vaccinated against COVID-19 to work in person. A virtual walkout took place among employees in the Irvine office and other locations. (Raul Roa / Times Community News) More than 100 Activision Blizzard employees participated in a virtual walkout Monday as the Santa Monica video game studio joined a growing wave of… Source link

The video game studio buying frenzy that’s erupted in recent weeks may just be an industry-wide case of fear of missing out (FOMO), according to analysts. January’s string of big and small deals for game developers has seen Take-Two () – the publisher behind heavy-hitting franchises like Red Dead Redemption and Bioshock, make a for mobile game giant Zynga. Not to be outdone, Microsoft () announced it would buy Activision Blizzard () for a that would unite franchises like Call of Duty,… Source link

The entrance to the Activision Blizzard Inc. campus is shown in Irvine, California, U.S., August 6, 2019. REUTERS/Mike Blake Activision Blizzard (ATVI) reported its Q4 2021 earnings after the bell on Thursday, falling well short of analysts’ estimates on the top and bottom line. The report will be the company’s first since Microsoft (MSFT) announced it will acquire the video game giant for $68.7 billion in January. Here are the most important numbers from the report compared to Wall Street’s… Source link