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Bobby Kotick - 1 Phil Spencer - 1 Kotick - 1 Bobby — - 1 Spencer - 1 Tony Hawk - 1 Thomas Tippl - 1 Rob Kostich - 1
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3 mentions found


☆ Activision Blizzard CEO Bobby Kotick to step down at the end of the year
  + stars: | 2023-12-20 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +3 min
Activision Blizzard CEO Bobby Kotick will step down from his role as head of the video game company on Dec. 29, according to an internal memo from Microsoft Gaming CEO Phil Spencer on Wednesday. The leadership change was expected after Microsoft closed its $69 billion acquisition of Activision Blizzard in October. He first joined the company as Director and CEO of Activision Inc., in February 1991 before serving as CEO of Activision Blizzard beginning in July 2008. In a memo to employees Wednesday, Kotick expressed "gratitude and appreciation" for his time at Activision Blizzard. Thomas Tippl, the vice chairman of Activision Blizzard; Rob Kostich, president of Activision Publishing; Mike Ybarra, president of Blizzard Entertainment; and others will report to Matt Booty, the president of Microsoft's Game Content and Studios.
Persons: Bobby Kotick, Phil Spencer, Kotick, Bobby —, Spencer, Tony Hawk, Thomas Tippl, Rob Kostich, Mike Ybarra, Matt Booty, Brian Bulatao, Dave McCarthy, — CNBC's Jordan Novet Organizations: Activision, Microsoft Gaming, Microsoft, Activision Blizzard, Activision Inc, CNBC, Activision Blizzard's, Activision Publishing, Blizzard Entertainment, Blizzard, Gaming, CNBC PRO Locations: U.S, Europe
☆ Activision increased representation of women and non-binary people by 2 percentage points as it faces 2025 goal
  + stars: | 2023-03-23 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Video game publisher Activision Blizzard increased representation of women and non-binary people by 2 percentage points from November 2021 to December 2022, according to data shared with CNBC. The company said women and non-binary employees represented 24.3% of its workforce in November 2021 but that figure has increased to 26.3% as of the end of 2022. Executives have pledged to make women more pervasive inside the company after media reports described cases of harassment of women, prompting government investigations. Microsoft , an Activision Blizzard competitor and partner, began talks to acquire the game publisher after the reports pushed down the game publisher's stock price. In 2021 the company set a goal to reach 35% for full-time non-binary and women workers by 2025.
☆ The ghost of Instagram haunts Microsoft’s future
  + stars: | 2022-12-09 | by ( Jennifer Saba | ) www.reuters.com   time to read: +3 min
The FTC’s leader Lina Khan might be making up for regulators who waved through Mark Zuckerberg’s $1 billion purchase of Instagram. Though Microsoft’s deal is different, punishment under Khan’s regime seemed inevitable. Microsoft could try to corner the market by forcing consumers to not only buy the Activision games from Microsoft, but the platform as well. Microsoft’s rationale for buying Activision is to better compete in the gaming market against the likes of Tencent (0700.HK) and others. Streaming is the future, and in that way, Microsoft could easily be sidelined in the business if it doesn’t innovate.
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