-
Nine killed in accidental explosion at Indian Kashmir police station
-
Climate protesters to rally at COP30's halfway mark
-
Fighting South Africa lose Rickelton after India 189 all out
-
Harmer leads South Africa fightback as India 189 all out
-
Prison looms for Brazil's Bolsonaro after court rejects his appeal
-
EU bows to pressure on loosening AI, privacy rules
-
India close in on lead despite South African strikes
-
Curry's 49 points propel Warriors in 109-108 win over Spurs
-
NZ boxer Parker denies taking banned substance after failed test
-
Australia setback as Hazlewood ruled out of 1st Ashes Test
-
Australia pace spearhead Josh Hazlewood ruled out of 1st Ashes Test
-
UN Security Council to vote Monday on Trump Gaza plan
-
Japan's Tomono leads after men's short program at Skate America
-
China tells citizens to avoid Japan travel as Taiwan row grows
-
Purdue Pharma to be dissolved as US judge says to approve bankruptcy
-
Iran's first woman orchestra conductor inspires
-
Wood gets all-clear in boost for England
-
Golf's world No. 8 Thomas has back surgery
-
Rebooted Harlem museum celebrates rise of Black art
-
'Desperation in the air': immigrant comics skewer Trump crackdown
-
UN regulator says shipping still wants to decarbonize -- despite US threats
-
Grant, Kim share halfway lead in LPGA Annika tournament
-
Musk's Grokipedia leans on 'questionable' sources, study says
-
Trump signs order to lower tariffs on beef, coffee, other goods
-
Croatia qualify for 2026 World Cup, Netherlands close, Germany in limbo
-
'Last Chance U' coach dies after shooting: US police
-
Sinner completes perfect ATP Finals group stage, Auger-Aliassime reaches last four
-
Woltemade sends Germany past Luxembourg in World Cup qualifier
-
Croatia qualify for 2026 World Cup with 3-1 win over Faroes
-
Kai Trump makes strides but still misses cut in LPGA debut
-
Return to bad days of hyperinflation looms in Venezuela
-
US airspace recovers as budget shutdown ends
-
Russia strike on Kyiv apartment block kills six, Ukraine says
-
Arrest made in shooting of 'Last Chance U' coach: US police
-
At COP30, senator warns US 'deliberately losing' clean tech race with China
-
US, Switzerland say deal reached on trade and tariffs
-
Fossil fuel lobbyists out in force at Amazon climate talks: NGOs
-
Returning Alldritt blames himself for France axing
-
Stocks struggle on US rates, tech rally fears
-
A rare oil CEO shows up at COP30, spars with activists
-
Trump demands probe into Epstein links to Bill Clinton
-
England great Anderson says 'weak' Australia still Ashes favourites
-
Indigenous protesters disrupt UN climate summit again
-
Gun salutes for King Charles III as he marks 77th birthday
-
Ford urges England to make their own New Zealand history
-
Acosta top in Valencia MotoGP practice as Martin returns
-
Michelle Yeoh to get honorary award at Berlin film fest
-
Bulgaria names manager to take over Russia's Lukoil refinery after US sanctions
-
Spain players on their way to becoming 'legendary': coach De la Fuente
-
US, Switzerland say reached deal on trade and tariffs
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.
Q.Bulbul--SF-PST