Bobby Kotick, the former CEO of Activision Blizzard who stepped down at the end of last year, is apparently interested in buying TikTok as a new bill in the US threatens to ban the app or force its sale. According to a report by The Wall Street Journal, Kotick mentioned the idea of partnering on such a purchase to OpenAI CEO Sam Altman and others seated with him at a conference dinner last week, and brought it up with ByteDance Executive Chair Zhang Yiming. If TikTok is sold, the WSJ notes, it would likely go for hundreds of billions of dollars.
Kotick led Activision for over 30 years but didn’t exactly leave on a good note. In a 2021 lawsuit that was settled last year, the company was accused of fostering sexual harassment and gender discrimination under his leadership, in what was described as a “pervasive frat boy workplace culture.” The Wall Street Journal soon after reported that Kotick was aware of misconduct and assault allegations over the years and did not properly…
2024-03-10 16:08:26
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