Tag: Activision Blizzard

Buffett’s Berkshire Bought Activision Shares Before Microsoft Takeover

Warren Buffett’s Berkshire Hathaway Inc. acquired nearly $1 billion of shares in Activision Blizzard Inc. before Microsoft Corp. agreed to buy the video game maker for $68.7 billion, according to a Monday regulatory filing. Berkshire said that as of Dec. 31, it owned 14.7 million shares worth about $975 million of the “Call of Duty”…


AT&T, Verizon to Delay Some 5G Deployment; Microsoft to Acquire Activision Blizzard | NTD Business

Microsoft is announcing plans to buy a major video game studio that would make it one of the biggest gaming companies in the world. AT&T and Verizon again agree to delay turning on 5G services at some airports, amid a standoff with the airline industry, which has warned about a “catastrophic” impact on thousands of flights. Oil…


Microsoft Buys ‘Candy Crush’ Owner for Almost $70 Billion, Its Largest-Ever Deal

LOS ANGELES—Microsoft is reportedly buying gaming company Activision Blizzard—which has been in turmoil over allegations of misconduct and unequal pay—for $68.7 billion, according to the Los Angeles Times. The deal will give Microsoft ownership of games like “Call of Duty” and “Candy Crush.” It will also provide a path for Microsoft to increase its presence…


How the Pandemic Helped a Video Game Giant Grow Its Bottom Line

Commentary The Southern California game maker that makes Call of Duty, World of Warcraft and Candy Crush reported a stand-out year for 2020. Net revenues for Activision Blizzard (ATVI) topped $8.1 billion for the first time and reached adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of more than $3.2 billion.  Earnings per share…