Controversial Former CEO of Activision Blizzard Bobby Kotick, Is Apparently Interested In Buying TikTok and Moving Away From the Gaming Industry

[Pelican Press 0]

Controversial Former CEO of Activision Blizzard Bobby Kotick, Is Apparently Interested In Buying TikTok and Moving Away From the Gaming Industry

Bobby Kotick was the reason for the merger of Activision and the gaming division of Vivendi, giving birth to Activision Blizzard. After serving as the chief executing officer (CEO) of the company for 32 years, he finally stepped down from the position following

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’s $69 Billion deal that ******** monopoly fears among regulators.

What’s more, people were relieved to see him leave as damning tales surfaced over the internet associated with him. Now after him remaining silent for a few months, appears like he might be on to something. This time he won’t be going after a position in an organization, but probably after an organization.

Bobby Kotick Has Set His Priorities Right

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Bobby Kotick has served 32 years as Activision CEO.

In a recent report by the ********* business newspaper

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, the former Activision CEO might spend Billions of dollars on a move that may send the ******** video-hosting service Tiktok, or at least some part of it, into his pocket. Moreover, among the people he has pitched the idea include OpenAI CEO Sam Altman. If that’s the case, the video-sharing platform might incorporate artificial intelligence (AI) in some way.

Although he is famous for being Activision Blizzard CEO, he had his roots spread in some major organizations including The Coca-Cola Company, Yahoo!, Los Angeles County Museum of Art, and more. In 2019, he was the 21st most highly-paid CEO in the ******* States with a compensation of $30.1 Million. While departing as the company CEO, he reportedly scooped up $400 Million. “A Small Price to Pay for Salvation” for Activision it seems.

In the same year, the non-profit As You Sow labeled him as the

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in the world. Moreover, a sudden ***** in Activision Blizzard’s share price during 2016 triggered a $200 Million incentive in his contract which was reduced to $155 Million following criticism. No wonder Bobby Kotick is planning to throw big bucks for a company.

The Race Seems To Have Already Begun

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There are concerns that data about US citizens is being shared with the ******** government via TikTok.

The news comes as legislators come together against the platform to ban it from the nations, or at least force its ***** to sever its ties to any ******** entities. There are concerns that citizen data is being shared via TikTok with the ******** government. The move may spark a backfire from millions of users on the app. Currently, 170 Million Americans use the platform.

President Joe Biden has said that he will sign the bill if Congress passes it. After a couple of days of introduction by Reps. Mike Gallagher (R-Wis.) and ***** Krishnamoorthi (D-Ill.), the bill received unanimous support from regulators.

The situation is leaning away from TikTok’s favor and industry players are preparing their nets to grab the opportunity to acquire the popular platform. It ******** to be seen if Bobby Kotick will beat them to the punch.

Do you think Kotick will become successful in this endeavor? Tell us in the comments.

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#Controversial #CEO #Activision #Blizzard #Bobby #Kotick #Apparently #Interested #Buying #TikTok #Moving #Gaming #Industry

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