Business News (Upd. May 5, 2022) - Activision sued by NYC

Talk about non-Nintendo gaming.
Post Reply
User avatar
Ngamer01
Posts: 11
Joined: Sat Jun 26, 2021 2:10 pm
Location: Louisiana
Contact:

Business News (Upd. May 5, 2022) - Activision sued by NYC

Post by Ngamer01 »

https://blog.playstation.com/2022/03/21 ... os-family/

Sony has bought Jade Raymond's new studio, Haven Studios. Haven is currently at work for a live-service game for Sony. If there are any new business related news for the gaming industry (except Nintendo), I'll add them onto this thread since business related posts aren't suited for chat anymore.
Last edited by Ngamer01 on Thu May 05, 2022 4:42 pm, edited 9 times in total.
User avatar
Ngamer01
Posts: 11
Joined: Sat Jun 26, 2021 2:10 pm
Location: Louisiana
Contact:

Business News (Upd. Apr. 22, 2022) - Raven Software Can Hold Union Election

Post by Ngamer01 »

Activision has a meeting coming up where its advising shareholders to approve the Microsoft deal:
https://www.purexbox.com/news/2022/03/a ... ls-through

Activision says though if the Microsoft deal is blocked or Microsoft and/or Activision chooses to walk, Activision stock will remain dirt cheap and won't go back to previous levels. Activision and Microsoft would have to trade termination fees with one another.

Mar. 24, 2022 Update: Activision has been sued again, with the same reasons as before: sexual harassment and discrimination. And since Microsoft is looking to buy Activision, Microsoft will end up inheriting this lawsuit and the others if they aren't blocked from the deal.

Mar. 29, 2022 Update: Activision has settled a federal lawsuit in regards to being accused of fostering a workplace full of harassment and discrimination. Activision still has other cases pending including a state case with California.

Mar. 31, 2022 Update: Microsoft apparently has another company under fire for a toxic workplace environment.

Apr. 1, 2022 Update: Four US Sentators have taken issue with Microsoft buying Activision. They wrote to the FTC saying if this deal is allowed, the buyout will threaten accountability at both Microsoft and Activision.

Apr. 7, 2022 Update: Activision-Blizzard have upgraded their quality assurance staff...except for Raven Studios.

Apr. 21, 2022 Update: Activision-Blizzard have had a lawsuit against them thrown out.

Apr. 22, 2022 Update: Raven Software has been given the green light to hold union elections over the objection of Activison-Blizzard.
User avatar
Ngamer01
Posts: 11
Joined: Sat Jun 26, 2021 2:10 pm
Location: Louisiana
Contact:

Re: Business News (Upd. May 5, 2022) - Activision sued by NYC

Post by Ngamer01 »

Since a month has passed, I'll make a new post instead of keeping editing the last one.

New York City has sued Activision on the basis they failed their fiscal responsibilities to the city due to all the backlash Bobby Kotick received fostering a negative work environment.
Post Reply