NetEase allegedly suing Activision Blizzard following licensing deal collapse
After NetEase and Activision Blizzard's partnership ended, forcing the latter to pull games from China, NetEase is apparently seeking compensation for refunds.
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After NetEase and Activision Blizzard's partnership ended, forcing the latter to pull games from China, NetEase is apparently seeking compensation for refunds.
The company beat analyst expectations, while seeing record quarterly net bookings in the fourth quarter of 2022.
The company beat both EPS and revenue expectations, and expects the Microsoft acquisition to close in June of 2023.
While the company beat EPS and revenue expectations, it's dealing with similar slowdowns as other companies following previous pandemic-era highs.
Despite various allegations of company mismanagement, CEO Bobby Kotick remains part of the Activision Blizzard board.
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ABK revealed its internal Diversity Tool, which led to confusion and concern.
New York City claims that Kotick was not fit to handle the acquisition negotiations in a new lawsuit.
Activision Blizzard also advised investors to vote in favor of executive compensation and against better employee representation in its upcoming annual shareholder meeting.
Following a merger, Warren Buffet says that Berkshire Hathaway has raised its stake in Activision Blizzard to 9.5 percent.