Activision Blizzard Profit Slumps as Sales Shrink
The videogame publisher’s adjusted per-share earnings slipped from the year-ago period but met analysts’ estimates. Photo: Sergio Flores/Bloomberg News Activision...
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Hulu Is Driving More Streaming Subscribers to Disney Than Marvel or Star Wars
Hulu has emerged as Walt Disney Co. DIS 0.53% ’s fastest-growing U.S. streaming service, just as the company loads up...
‘Thor: Love and Thunder’ Rocks the Box Office
Thor stole everyone’s thunder this weekend at the box office, solidifying another blockbuster performance for Marvel Studios, which continues to...
Tencent Posts Steepest Profit Decline Since Going Public
Tencent Holdings Ltd. TCEHY -6.29% posted its worst quarterly profit drop since listing in Hong Kong in 2004, with its...
‘Doctor Strange’ Gives Summer Movie Season a Strong Start
The summer blockbuster is back.After two years of delays, cancellations and false starts because of the Covid-19 pandemic, the 2022...
WSJ News Exclusive | Activist Investor Ancora Has 1% Hasbro Stake
An activist investor has a stake in Hasbro Inc. HAS 1.83% and is supporting another activist already waging a proxy...
Activision Blizzard CEO Bobby Kotick Could Walk Away With More Than $500 Million After Microsoft Deal
In a securities filing Friday, Activision said Mr. Kotick would receive $14.4 million in severance if he is terminated or...
Activision Blizzard Names Two Women to Its Board
Activision Blizzard Inc. ATVI -0.02% said it is moving to add two women to its board of directors, months after...
Peloton to Cut Price of Bikes, Raise Subscription Fees
Peloton Interactive Inc. will cut prices of its stationary bikes and treadmills and raise monthly subscriptions for online workout classes....
How Microsoft Became Washington’s Favorite Tech Giant
When a congressional committee was preparing to publicly interrogate the CEOs of four tech giants in 2020, Microsoft Corp. President...
Judge Approves $18 Million Activision Settlement With EEOC
A California judge has approved an $18 million settlement between Activision Blizzard Inc. and the Equal Employment Opportunity Commission, marking...
From GM to Powerade, Brands Pitch Mental Health
To woo consumers, hotel chains typically offer free room upgrades and complimentary breakfast. Kimpton Hotels is trying a new incentive:...
WSJ News Exclusive | A Peloton Bike and Subscription for One Monthly Fee? Company to Test New Price Plans
Peloton Interactive Co. PTON 3.95% ’s new chief executive is looking to overhaul the stationary-bike maker’s pricing strategy in a...
Activision CEO Bobby Kotick Steps Down From Coca-Cola Board
Coca-Cola Co. said Activision Blizzard Inc. Chief Executive Bobby Kotick won’t stand for re-election to its board of directors. “We...
WSJ News Exclusive | Hasbro Activist Begins Proxy Fight, Urges Wizards Unit Spinoff
A little-known activist investor is seeking to add several directors to Hasbro Inc.’s board and is urging the toy maker...
The Hidden Ways Companies Raise Prices
Lettuce Entertain You Enterprises Inc., a Chicago-based restaurant group, has added a 3% “processing fee” to checks at many of...
WSJ News Exclusive | Peloton CEO John Foley to Step Down, Become Executive Chair
Peloton Interactive Inc. PTON 20.93% plans to replace its chief executive, cut costs and overhaul its board after a slowdown...
Sony to Buy Videogame Maker Bungie in $3.6 Billion Deal
Sony Group Corp.’s SONY 4.51% videogame unit said Monday that it is buying videogame developer Bungie Inc., the studio that...
Sony’s Videogame Strategy Challenged by Microsoft’s Deal for Activision
TOKYO— Sony Group Corp. SONY -3.45% finds itself in a position many gamers could appreciate, having climbed to the highest...
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s...
