Tag Archives: Blizzard

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

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

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

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

Microsoft (MSFT) reported its fiscal Q2 earnings after the closing bell on Tuesday, beating analysts’ expectations with its cloud services revenue jumping 46%.  The announcement comes just a week after the Redmond, Washington-based tech giant made headlines with news that it will acquire troubled gaming behemoth Activision Blizzard (ATVI) for $68.7 billion. Here are the most important numbers from the report, compared with what analysts were expecting. Revenue: $51.7 billion versus $50.9… Source link

Activision Blizzard (ATVI) shares closed 25% higher on Tuesday after Microsoft (MSFT) announced it will acquire the video game publisher for $95 per share. The deal, valued at $68.7 billion is Microsoft’s largest takeover ever.  When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent (TCEHY) and Sony (SONY), according to the tech giant. The deal illustrates another consolidation move within the gaming industry — and massive bet… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, November 24, 2021 The gaming giant can’t reinvent itself if he’s still in charge Activision Blizzard (ATVI) CEO Bobby Kotick needs to step down. The CEO of one of the country’s largest video game companies, Kotick has reportedly told executives at Activision Blizzard that he’ll… Source link

Former female employees of Activision Blizzard (ATVI) are coming forward to share their experiences at the company after a California state agency filed a civil rights lawsuit against the gaming giant alleging widespread sexual harassment and gender and racial discrimination. The suit, which seeks compensatory and punitive damages, as well as unpaid wages, has kicked off a firestorm against the “Call of Duty” and “World of Warcraft” maker, with users across social media platforms… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link