Activision Blizzard Stock News

Activision recently announced Call of Duty: Black Ops Cold War was getting Year 2 content on March 4, with a new weapon, cosmetic bundle, and the return of WMD. Originally introduced Black Ops 1, Treyarch’s WMD map has been remastered for Black Ops Cold War. However, it looks like players will need to wait a […] Call Of Duty: Black Ops Cold War Year 2 Update Delays WMD Map

Illustration by Alex Castro / The Verge Activision Blizzard is suspending new sales “of and in” its games in Russia, the game company’s president Daniel Alegre announced in a publicly-shared letter to employees (via Eurogamer). The move bars Russians from any new transactions with the company, which includes both the sales of its games and […] The post Activision Blizzard and Epic Games halt sales of games in #russia appeared first on ByteFunding .

Activision Blizzard has stopped the new sales of games and microtransactions in Russia, joining a growing list of companies that have stopped doing business with Russia.

The family alleges that sexual harassment at the company contributed to her death by suicide.

Gaming company Activision Blizzard is facing a lawsuit from the family of a former employee after she died by suicide.The parents of Kerri Moynihan filed the complaint on Thursday in the Los Angeles Superior Court, alleging that sexual harassment by…

A market dislocation has created values in Home Depot, Starbucks and Nike, among others.

Activision’s alleged culture of sexual harassment led to the 2017 death of a female employee, according to a lawsuit filed by her parents. They say the harassment was a “substantial factor” in her death, which was ruled a suicide.

Activision agreed in January to be bought by Microsoft in a deal worth almost $69 billion.

Activision Blizzard is dealing with particularly serious fallout from the sexual misconduct allegations surrounding the company. The Washington Post has learned Activision Blizzard is facing a wrongful death lawsuit from the family of Kerri Moynihan, a woman who died by suicide in April 2017 during a company retreat. The family alleges sexual harassment at the game developer played a "significant factor" in her death. Moynihan''s death was referenced in a California Department of Fair Employment and Housing (DFEH) lawsuit over Activision Blizzard''s reported "frat boy" culture , albeit without mentioning her name. Male colleagues reportedly shared an explicit photo of Moynihan at the holiday party preceding her death, according to that lawsuit, and referred to a male supervisor who supposedly brought sex toys to the retreat. The family lawsuit alleges Moynihan''s boss, Greg Restituito, lied to Anaheim police and otherwise tried to hide evidence of a sexual relationship with the victim. He made "unusual inquiries" with employees present with Moynihan the night before her demise, according to a police report cited in the suit.

Bobby Kotick, who has been a director at Coca-Cola since 2012, said he was stepping down to provide full attention to the company’s pending tie-up with Microsoft.

How can you tell if it's time to bail out?

Following quantitative data of Axie Infinity generating billions of dollars in transactional volume, we speak to experts from the blockchain gaming space about the morality of P2E, as well as alternate, more consumer-conscious models. The research department of blockchain analytics platform Nansen have published a comprehensive guide to popular play-to-earn game Axie Infinity, calculating quantitative insights such as that 2.8 million unique addresses are currently holding 11.1 million Axies, alongside that 97% of those users hold a minimum of three Axie nonfungible tokens, or NFT’s. Axie Infinity is a play-to-earn game constructed around the collection of, and interaction with, digital pet avatars called Axies. Built by Vietnamese gaming studio Sky Mavis in March 2018, the game rose to cultural prominence during 2019 following the emergence of stories in which players from third-world countries such as Venezuela and Philippines were making a full-time living off of Axie''s native crypto assets: Smooth Love Potion (SLP) and Axie Infinity (AXS).

NEW YORK , March 1, 2022 /PRNewswire/ -- Gaming companies are in the midst of an M&A race to fight for exclusivity, size, and financial potential. Large companies are spending millions to acquire smaller gaming companies and boost their outstanding existence in the industry. The speed at which big companies are buying up other big companies, in deals worth billions, seems to be accelerating. M&A activity generated $38 billion last year, driven by strategic investors like Take Two, Zynga, and EA. A few weeks ago, Microsoft acquired Activision for $68.7 billion , the largest acquisition in the history of gaming. The trend of gobbling up companies in the gaming industry is here to stay, with companies like Bragg Gaming Group (NASDAQ: BRAG ) (TSX: BRAG ), Take-Two Interactive Software (NASDAQ: TTWO ), Enthusiast Gaming Holdings (TSX: EGLX ) (NASDAQ: EGLX ), Scientific Games Corporation (NASDAQ: SGMS ), and MGM Resorts International (NYSE: MGM ) continuing to sign new deals to grow their share of the market.

The tech giant is sitting on some sweet catalysts that could lead to solid gains.

Activision Blizzard''s proxy statement was "materially deficient," lawsuit says.