Metaverse games

Activision Blizzard CEO Bobby Kotick: Metaverse race helped prompt Microsoft deal

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Activision Blizzard CEO Bobby Kotick and Phil Spencer, Microsoft head of gaming, join ‘Squawk on the Street’ to break down Microsoft’s decision to buy the video gaming company for $95 per share. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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  1. Activision was being saddled by Woke employees without much talent. Selling off the company was a logical step in avoiding countless lawsuits if Activision attempted to clean house. The most common complaint from consumers was that Activision wasn’t innovating and instead making microscopic changes to decades old gameplay. This reflects perhaps the executives resting on their laurels, but it also reflects a lack of talent found within the company. It was their reckless hiring practices that lead to their internal civil war and the events that lead to them killing their golden goose.

    The employee complaints sounded like puff pieces meant to disguise their own shortcomings. The employees weren’t creating anything innovative, yet they were demanding five star treatment and guaranteed salaries bumps from the Activision cash cow. The harassment suit filed by the employees, by the way, had barely any specifics. I guess the jokes on these sue-happy employees because whenever there’s a merger the new owner is bound to let go all of the redundant ones.

  2. CEOs nowdays are like company's private owned news reporters. I doubt they really know what they're talking about. The world is doomed, ofcourse gaming going stronger than ever. It's like drugs.

  3. All these millionaires talking about the meta verse are complete weirdos.. bobby kotick dont even look human just look at his eyes.

  4. Yeah, right. Xbox, PlayStation and Nintendo wanted him out. Just let them buy Activision Blizzard and fire everyone who’s involved with those harassment. Nintendo did it when they brought out a company that had its CEO doing naughty things

  5. A Chad company bought the Chadest company for an amount that could end world hunger .. but hey congrats MS and abusive Bobby!!

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