ammonnews.net

Ammon News - Bobby Kotick, the former CEO of Activision Blizzard, who stepped down from his role last year, seems interested in buying TikTok. This comes as a new law in the US threatens to ban the app or make it sell itself.

The Wall Street Journal reported that Kotick talked about teaming up to buy TikTok with Sam Altman, the head of OpenAI, and others, over a dinner last week. He also discussed the idea with Zhang Yiming, the boss of ByteDance, which owns TikTok. If TikTok is sold, it could go for hundreds of billions of dollars, according to the report.

Kotick ran Activision for more than 30 years but didn’t leave under good circumstances. Last year, the company settled a lawsuit accusing it of allowing sexual harassment and discrimination against women while Kotick was in charge. This was described as a workplace with a “frat boy culture.”