-
Zverev says Wimbledon hopes 'about me' despite open draw
-
Dutch football chiefs condemn online racism after World Cup exit
-
Lionel Scaloni: Argentina's mastermind marks 100 games in charge
-
Police hunt for Monaco bomber after Ukraine-born tycoon wounded
-
Mourinho's Real Madrid host Real Sociedad in La Liga opener
-
CIA boss compares cutting-edge AI to nuclear weapons
-
Football brings joy to Venezuelan kids displaced by quakes
-
'Any team can beat you', warns Ruiz as Spain seek end to World Cup woe
-
Haaland fires Norway into last 16 as France, Mexico look to advance
-
Venezuela quake survivors seek food, shelter as toll rises to nearly 2,000
-
Merkel unveils official portrait for German chancellery
-
Haaland scores winner to send Norway into last-16 Brazil clash
-
Canada crews battle northern wildfire after crash kills 3
-
US Treasury sanctions target alleged drug cartel-linked fuel smuggling ring
-
Portugal's Silva bides his time after being benched at World Cup
-
LeBron James to leave Lakers to play 24th NBA season
-
US stars relish soccer's primetime moment against Bosnia
-
Zverev wins in four sets to reach Wimbledon round two
-
Lampard extends Coventry stay after promotion to Premier League
-
Grimaldo realises goal of Atletico Madrid move from Leverkusen
-
Djokovic, Sinner aim to step up Wimbledon title chase
-
US Supreme Court lifts campaign spending restrictions ahead of midterms
-
Brook ready for "great honour" of succeeding Stokes as Test skipper
-
LeBron James to leave Lakers to play 24th NBA career
-
Taps run dry in Hungarian village as heatwave bites
-
Tens of millions swelter as heat wave blasts US
-
Venezuela quake survivors seek food, shelter amid risk of disease outbreaks
-
US Supreme Court rejects Trump bid to limit birthright citizenship
-
LeBron James to leave Lakers, continue NBA career - media reports
-
Gardner stars as Australia thrash the West Indies in Women's T20 World Cup semi-final
-
'Where is she?' The desperate search for Venezuela's missing
-
Former Barca teen star Fati seals permanent Monaco switch
-
No business as usual after shock World Cup exit, say German FA
-
German rail regulator backs Italian firm in competition spat
-
Pope appeals to Catholic traditionalists to avoid schism
-
Ancelotti shows Brazil his worth at World Cup but concerns remain
-
US Supreme Court upholds transgender sports bans
-
Stocks rise, yen at 40-year low against dollar
-
US Supreme Court rejects Trump bid to restrict birthright citizenship
-
Australia hold West Indies to 125-7 in World Cup semi-final
-
Serena set for remarkable Wimbledon return, Swiatek survives scare
-
Defending champ Swiatek survives scare to reach Wimbledon second round
-
Africa EV firm Spiro accused of torturing Uganda employees
-
US Supreme Court upholds state bans on transgender athletes in school
-
PSG's Portugal forward Ramos signs five-year AC Milan deal
-
Tourists soldier on in Rome despite heatwave
-
Inflation slows in top eurozone economies as ECB ponders next move
-
Record number of 'new millionaires' in 2025, says UBS
-
Starmer boosts budget to modernise UK military before exit
-
UN calls for food, shelter to help Venezuela quake survivors
Bobby Kotick: Embattled Activision CEO faces uncertain future
Activision Blizzard CEO Bobby Kotick built a video game empire with flagship titles like "World of Warcraft", but he could lose control of it after a whopping Microsoft buyout deal announced Tuesday.
As Activision has been ensnared in allegations that the firm discriminated against women employees, he has weathered calls to step down from some of his workers and critics.
But once the $69 billion deal is finalized by mid-2023, he is expected to depart, the Wall Street Journal reports.
The running scandal -- which has prompted ugly headlines, vows of company reform and an apology from Kotick himself -- follows decades of success in business.
Legend has it that part of Kotick's destiny was laid out by Apple founder and tech legend Steve Jobs one day in 1983.
Jobs advised him to leave the University of Michigan, where he was an art student, to become an entrepreneur, Kotick has said.
It was the start of a life in business for the native of Long Island, a suburb of New York City, who while still in high school made cash by running parties at night clubs for his fellow teenagers.
The young man convinced casino magnate Steve Wynn to write him a check to start developing a cheap graphical interface for Apple, in partnership with a friend, Howard Marks, the project's programmer.
An old-fashioned entrepreneur, Kotick differs from many big names in computing and video games, more interested in business than in the technology.
- Big pay day -
According to Forbes, he even believed in the 1980s that playing video games was a waste of time.
After trying to buy the microcomputer giant Commodore in 1987, he managed to get his hands on Activision, on the verge of bankruptcy, in 1991, for a pittance.
He restructured the company, raised new money and changed its strategy.
The idea was to integrate small studios without absorbing them, in order to give them the necessary latitude to create and develop original content.
This was the logic behind the merger with Vivendi Games, which included Blizzard, and the acquisition of King, creator of the hugely successful "Candy Crush".
This hands-off philosophy -- alongside an old school management style dominated by often white men -- bears some of the elements that have been cited by critics and officials.
In July, California state regulators accused the company of condoning a culture of harassment, a toxic work environment and inequality.
"Male employees proudly come into work hungover, play video games for long periods of time during work while delegating their responsibilities to female employees," the California state suit says.
Kotick issued an apology on behalf of the company, implemented a "zero tolerance" policy, while dozens of employees were sanctioned or fired, including Blizzard president J. Allen Brack.
But these concessions have not managed to calm his critics, and nearly 20 percent of employees have signed a petition demanding his departure, in line with several major investors.
According to the Wall Street Journal, the 58-year-old executive, whose fortune is estimated at several hundred million dollars, had been aware for several years of reports of harassment, but sought not to publicize these incidents rather than take the problem head on.
Assured of remaining as head of the group at least until the acquisition is finalized, he could then leave with a huge check, which American media estimated at around $300 million.
O.M.Souza--AMWN