Activision Blizzard Stock News

NEW YORK (Reuters) -Activision Blizzard Inc said on Monday it has fired or pushed out more than three dozen employees and disciplined another 40 since July to address allegations of sexual harassment and other misconduct at the videogame company. After completing reviews, "37 employees have exited the company and another 44 received written reprimands, formal warnings or other discipline," the company said, confirming a report in the Wall Street Journal. The maker of the "Call of Duty" game said it was still working on an interim update and had not yet notified employees. But Activision denied Chief Executive Bobby Kotick held back a summary of the information which had been scheduled for release "before the winter holidays," as the Journal reported. "An interim update to our employees is still being worked on and the company remains committed to continuing to provide periodic updates on its progress," the company said in a statement to Reuters. More than 90% of the reviews launched in 2021 are done of a mix of statements ranging from general complaints that were not actionable or suggested misconduct to a small number of assertions that could be serious, the company said.

37 Activision Blizzard employees have reportedly "exited" the company since July in connection with its attempt to crack down on sexual harassment and workplace misconduct.

Companys actions have come in the wake of pressure from investors, business partners and employees to address complaints over its handling of misconduct issues

Wednesday afternoon''s top analyst upgrades and downgrades included Activision Blizzard, Baker Hughes, ConocoPhillips, Delta Air Lines, Home Depot, Mattel, Riot Blockchain, Spirit Airlines and Snap.

Lego has indefinitely delayed the release of an Overwatch 2 themed set of bricks in response to the workplace culture at Activision Blizzard.

Photo: Blizzard The name Overwatch 2 has become synonymous with delay. First reported by The Brick Fan , a Lego review site, the extremely popular toymaker is delaying the release of an Overwatch 2 -themed set as the company reviews its relationship with Overwatch 2 publisher Activision Blizzard. In a statement to The Verge , Alice Carter, Legos senior manager of corporate brand communication, said: We are currently reviewing our partnership with Activision Blizzard given concerns about the progress being made to address continuing allegations regarding workplace culture, especially the treatment of female colleagues and creating a diverse and inclusive environment. While we complete the review we will pause the release of a LEGO Overwatch 2 product which was due to go on sale on February 1, 2022. Activision Blizzard has been involved in an extensive legal battle with several government agencies over allegations that its employees fostered a work environment rife with discrimination, abuse, and sexual harassment.

The California Department of Fair Employment and Housing (DFEH) is appealing a judges decision denying it from intervening in the $18 million settlement between Activision Blizzard and the US Equal Employment Opportunity Commission (EEOC).

Someone with a lot of money to spend has taken a bearish stance on Activision Blizzard (NASDAQ: ATVI ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with ATVI, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 26 uncommon options trades for Activision Blizzard. This isn''t normal. The overall sentiment of these big-money traders is split between 7% bullish and 92%, bearish. Out of all of the special options Full story available on Benzinga.com

Activision Blizzard Inc''s (NASDAQ:ATVI) short percent of float has fallen 15.27% since last its last report. The company recently reported that it has 8.06

Treyarch issues statement following Activision Blizzard allegations For The Win Read more here “call of duty” – Google News Treyarch issues statement following Activision Blizzard allegations – For The Win

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This year will go down as a tough period for Chinese technology firms, as Beijing moved to exert control over the once-freewheeling sector. In the second of a four-part series, the South China Morning Post looks at how 2021 became the watershed moment in the development of Chinas Big Tech companies.In early July, the head of ByteDances gaming studio outlined an ambitious plan to rival Nintendo and Activision Blizzard, after hiring 3,000 programmers and artists to work for his Nuverse unit, in

Cedar Brook Financial Partners LLC lowered its holdings in Activision Blizzard, Inc. (NASDAQ:ATVI) by 5.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,636 shares of the companys stock after selling 224 shares during the quarter. Cedar Brook Financial Partners LLCs holdings in Activision []