The conglomerate snapped up the stock ahead of Activision’s $69 billion deal with Microsoft, which was announced mid-January.
Berkshire''s stake of 14.7 millions shares of Activision is now worth more than $1bn

Microsoft employees to be back in office from Feb 28

06:40am, Tuesday, 15'th Feb 2022 Gadgets Now
Microsoft has announced plans to fully reopen its offices in Washington State (its headquarters) on February 28, as Omicron-led Covid infections subside across the country. The company said that based on improving local health metrics, its Washington state work sites will move to the sixth and final stage of the hybrid workplace model, effective February 28.
Berkshire Hathaway made the disclosure in regulatory filings tonight.
Warren Buffett''s Berkshire Hathaway acquired nearly $1-billion of shares in Activision Blizzard just before Microsoft agreed to buy the videogame maker.
Microsoft announced its acquisition of "Call of Duty" maker Activision Blizzard on Jan. 18.
Microsoft and other tech giants have struggled with how soon to bring employees back to offices

Warren Buffett''s Berkshire bought Activision shares before Microsoft takeover

01:35am, Tuesday, 15'th Feb 2022 Economic Times India
Investors monitor Berkshire''s investments closely to see where Buffett and his investment managers Todd Combs and Ted Weschler see value.
Warren Buffett''s company placed a rare bet on a technology company late last year and it has already paid off in a big way.
Warren Buffett Gerald Miller | CNBC Warren Buffett’s Berkshire Hathaway purchased about $1 billion worth of shares in Activision Blizzard in the fourth quarter, according to a regulatory filing, jumping in before Microsoft agreed to buy the video-game publisher for $68.7 billion. Berkshire owns 14.66 million shares valued at $975 million as of the end […] Buffett’s Berkshire bought Activision stock before Microsoft deal
© Reuters. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott By David Randall, Svea Herbst-Bayliss and Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway (NYSE:) Inc acquired …

How war in Ukraine could hit Americans

12:18am, Tuesday, 15'th Feb 2022 Deseret
Ukrainian servicemen survey the impact areas from shells that landed close to their positions during the night on a front line outside Popasna, Luhansk region, eastern Ukraine, Monday, Feb. 14, 2022. Russia’s Foreign Minister Sergey Lavrov advised President Vladimir Putin on Monday to keep talking with the West on Moscow’s security demands, a signal from the Kremlin that it intends to continue diplomatic efforts amid U.S. warnings of an imminent Russian invasion of Ukraine. | Vadim Ghirda, Associated Press The U.S. has never experienced an all-out war on computers and infrastructure. This could threaten businesses, banks and the health care industry. Russia so far hasn’t used conventional troops or weapons to attack Ukraine, but that doesn’t mean it hasn’t attacked. It has been doing so relentlessly for years using electronic and psychological weapons. The United States has been a target of this, as well, especially in regard to disinformation and influence campaigns surrounding elections.

Why Nasdaq-styled NGX platform faces uncertainty

12:02am, Tuesday, 15'th Feb 2022 BusinessDay
The Nigerian Exchange Group (NGX) wants to launch a Nasdaq-style board where technology companies are the focus, but this may be a hard sell for investors who are not patient with early-stage companies. Earlier this month, Temi Popoola, managing director, NGX, said the NGX will launch a technology board this year that will attract technology companies. “We believe that listing more tech companies should attract more capital into Nigeria, including Nigerians in the diaspora, foreign investors and local investors as well. It would also help them achieve the fundamental responsibility of improving the economy by driving capital from surplus places to sectors that need it,” Popoola said. The Nasdaq platform is an American stock exchange based in New York City. It has a high concentration of companies in the technology sector and is often considered to be a good barometer of how well the tech market is performing. The tech-heavy company consists of 3,097 listed securities as of April 2021, including the likes of Apple, Microsoft, Alphabet, Amazon, Facebook and Tesla.

Big Tech''s Big Returns and Sports Business in the Spotlight

11:45pm, Monday, 14'th Feb 2022 The Motley Fool
Apple posts record revenue. Microsoft makes its intentions clear with respect to its gaming division.
Berkshire Bought Activision In Q4 Ahead Of Microsoft Purchase; Added To Chevron, Trimmed Visa, Mastercard And Pharma Stocks In the weeks before Microsoft made the surprise announcement it was acquiring the troubled Activision, the market was rife with speculation that Berkshire itself could make a play - no pun intended - for the foundering video game company whose stock had tumbled so much in the fourth quarter amid poor earnings and sexual harassment scandals, many viewed it as a deep value play suitable even for Warren Buffett. In retrospect, that didn''t pan out, but as we learned today after the quarterly 13F bonanza hit, Berkshire was buying Activision in Q4 when the stock was tumbling, and as of Dec 31, Berkshire owned 14.658 million shares of Activision stock, representing 1.9% of the shares outstanding. Assuming Buffett bought around the average price for the quarter, or $65, Berkshire made around $250 million on that purchase alone which is not a bad payout for a few weeks worth of work (one wonders if the information that Buffett was buying somehow leaked, and prompted Microsoft''s unexpected acquisition of ATVI).
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