Latest Activision Blizzard Inc News

Microsoft is making 4 exclusive Xbox video games available to rival consoles

Feb. 15, 2024 16:59 PM EST

NEW YORK (AP) — Several exclusive Xbox games will be soon making their way to rival consoles, the video gaming brand and its parent company, Microsoft, announced Thursday. In a special edition of the Official Xbox Podcast, Microsoft Gaming CEO Phil Spencer confirmed that four Xbox...

Microsoft profit soars 33% on AI, cloud-computing investments

Jan. 30, 2024 20:01 PM EST

SAN FRANCISCO (AP) — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth in its cloud-computing unit, where Microsoft focuses...

Microsoft lays off 1,900 employees in its gaming division following Activision Blizzard buyout

Jan. 25, 2024 15:41 PM EST

NEW YORK (AP) — Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 billion purchase of video game maker Activision Blizzard. The job cuts represent about an 8%...

Activision Blizzard to pay $54 million to settle California state workplace discrimination claims

Dec. 16, 2023 16:43 PM EST

LOS ANGELES (AP) — Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California's civil rights agency on behalf of women employed by the video game maker. The settlement, which is subject to court approval, resolves allegations that...