Tag: Activision Blizzard Inc

Elon Musk Takes on Apple and Its App Store

Chin@Strategy

Leon Black is accused of raping a woman at Jeffrey Epstein’s home in 2002. Cheri Pierson sued Black, the former Apollo Global Management C.E.O., becoming the second woman to publicly accuse him of sexual assault. A lawyer for Mr. Black denied Pierson’s claims and called them an extortion attempt. Bob Iger commits to reining in expenses at Disney. At his first companywide meeting on Monday, the recently rehired Disney C.E.O. said that he would keep a hiring freeze in place and that Disney+ would focus on turning a profit over…

World of Warcraft and Other Blizzard Games Will Be Pulled From China

Chin@Strategy

The fallout is unlikely to have a strong impact on the two companies’ bottom lines, said Chenyu Cui, an analyst at the research consultancy Omdia. “NetEase’s online games business has generated more revenue from mobile games,” she said. Other games, such as Naraka Bladepoint, the Westward Journey series and Justice, are its most lucrative products. The company reported that the percentage of total income in 2021 from Blizzard games was in the “low single digits.” The impact on Blizzard also appeared to be limited. Its biggest revenue generator, Diablo Immortal,…