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Warren Buffett cashed in his monster bet on Microsoft buying Activision Blizzard - but left some money on the table

Warren Buffett's Berkshire Hathaway sold 70% of its Activision stake last quarter, meaning it likel…

Theron Mohamed   


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1 min read

Activision Blizzard jumps 11% after judge rules Microsoft can buy the video game publisher in a win over FTC

A judge on Tuesday cleared the way for Microsoft's mammoth deal to buy the video game publisher in …

Max Adams   


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Isabelle Lee   


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Activision's market value is still 14% below what Microsoft plans to pay for it — and that suggests investors don't think the deal will get done

Also on Tuesday, the Federal Trade Commission and the Justice Department began rewriting merger gui…

Matthew Fox   


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30 mins read

Microsoft CEO Satya Nadella talks AI, closing the Activision Blizzard deal, and his best business decision so far

Satya Nadella sat down with Axel Springer CEO Mathias Döpfner to talk OpenAI, cricket, and his bigg…

Mathias Döpfner   


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Activision falls 7% after report says CEO knew of sexual-misconduct allegations for years

"The Board remains confident that Bobby Kotick appropriately addressed workplace issues brought to …

Matthew Fox   


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1 min read

Overwatch 2 and Diablo 4 delays spark 17% decline in Activision Blizzard stock

"It has become apparent that some of the Blizzard content planned for next year will benefit from m…

Matthew Fox   


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Ex-Activision CEO Bobby Kotick pitched buying TikTok to potential partners, including Sam Altman: report

Bobby Kotick floated the idea of buying TikTok to both ByteDance cofounder Zhang Yiming and OpenAI'…

Geoff Weiss   


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Stocks are pricing in an AI revolution, putting investors at risk of disappointment, Bill Gross says

Billionaire investor and "Bond King" Bill Gross says AI may need to supercharge US productivity gro…

Theron Mohamed   


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Matthew Fox   


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Activision Blizzard soars 38% after Microsoft reportedly agrees to acquire the video-game maker for $69 billion in cash

The deal would also be a lifeline to Activision, which has seen its stock price fall 40% amid workp…

Matthew Fox   


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1 min read

Activision Blizzard falls as FTC says it is suing to stop Microsoft's takeover of the gaming giant

"Microsoft has already shown that it can and will withhold content from its gaming rivals," FTC Bur…

Jennifer Sor   


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1 min read

Activision Blizzard has lost nearly $8 billion in market value amid the growing fallout from a workplace discrimination lawsuit

The weakness in Activision Blizzard stock price spread to its peers, with Electronic Arts and Take-…

Matthew Fox   


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Theron Mohamed   


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Activision is top non-FAANG tech stock with new Diablo and Call of Duty games in the pipeline, says Morgan Stanley

The investment bank looked at Activision Blizzard's pipeline as the company faces as sexual harassm…

Carla Mozée   


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4 mins read

Theron Mohamed   


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2 mins read

Warren Buffett says his team didn't know Microsoft was planning to buy Activision Blizzard when they bought the gaming stock

The Berkshire Hathaway CEO said his company bought 85% of its stake in October, about three months …

Theron Mohamed   


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2 mins read

Warren Buffett's Berkshire Hathaway reveals $1 billion stake in Activision Blizzard

The investor's company snapped up nearly 15 million shares before Microsoft struck a deal to acquir…

Theron Mohamed   


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Warren Buffett's Berkshire Hathaway is poised to score a $1 billion profit after Microsoft beats FTC in Activision case

"If the deal goes through, we make some money," Warren Buffett said last year of Berkshire Hathaway…

Matthew Fox   


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Activision Blizzard spikes 12% as the gaming giant gives strong guidance following a surge in holiday sales

Activision Blizzard outperformed in Q4, posting GAAP revenues of $2.4 billion and EPS of $0.65 as "…

Will Daniel