Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover

[ad_1] Updated Dec. 16, 2023 4:52 pm ET Activision Blizzard has agreed to pay more than $50 million to settle a high-profile lawsuit by a California regulator that helped spur…

WSJ News Exclusive | Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover

[ad_1] Updated Dec. 15, 2023 10:35 pm ET Activision Blizzard has agreed to pay more than $50 million to settle a high-profile lawsuit by a California regulator that helped spur Microsoft’s…

WSJ News Exclusive | Hasbro Cutting 1,100 Jobs After Sluggish Toy Sales Persist Into Holidays

[ad_1] Updated Dec. 11, 2023 5:23 pm ET Hasbro is cutting nearly 20% of its workforce as weak sales for toys and games persist into the critical holiday shopping period. …

WSJ News Exclusive | Verizon Taps Peloton’s Marketing Chief as CMO

[ad_1] Verizon Communications has hired Peloton Interactive marketing head Leslie Berland as its new chief marketing officer. Berland, 45 years old, joined fitness equipment maker Peloton in January following her…

The Secrets to Charlie Munger’s Success

[ad_1] Business and financial leaders made frequent pilgrimages to Los Angeles to hear Charlie Munger’s thoughts as he held court while peering through thick eyeglasses over high, rosy cheekbones. Among…

TikTok’s Owner Wanted to Create a Hit Videogame. It Failed.

[ad_1] SINGAPORE—TikTok’s Chinese parent ByteDance has bet billions on videogames since 2019, setting up its own creative unit and acquiring buzzy game makers.  Now it is winding down those efforts,…

New OpenAI CEO Emmett Shear Lands at Center of High-Stakes AI Boom

[ad_1] Emmett Shear’s sudden appointment as OpenAI CEO late Sunday puts him at the center of high-stakes drama within the company and in the world of artificial intelligence. Shear, the…

China’s Spending on Green Energy Is Causing a Global Glut

[ad_1] Listen to article (1 minute) China’s newest solar-energy manufacturers include a dairy farmer and a toy maker. The new entrants are examples of a green-energy spending binge in China…

Microsoft’s Next Act: Bending the Videogame Business Without Breaking It

[ad_1] Microsoft now owns some of the biggest videogames in the world. What it does with them could ripple across the entire industry—for good and bad.  The biggest of those…

The Score: Uber, Warner Bros. Discovery, Take-Two Interactive Software and More Stocks That Defined the Week

[ad_1] The Score is a weekly review of the biggest stock moves and the news that drove them. Uber Technologies Uber and Lyft’s latest earnings told a tale of two…