I want to buy Tiktok:

Tiktok is in a very difficult place these days. Despite everyone who knows it for several hours, the video sharing app is currently facing a bill to force the US ban for potential sales, and potential buyers are lining up. According to the Wall Street Journal, one of these potential buyers is Bobby Kotick, a former boss of Activision Blizzard.

Tiktok has been closely investigated by US lawmakers who claimed that the parent company based in China could share data collected with the Chinese government or that apps could serve as a propaganda tool. Even though they were relaxing a while ago, many people believed that the app would be banned in the United States, but last week, the problem seemed to be cool until the bill was pushed through the House of Representatives and Commercial Commissions. The bill is expected to be reviewed and approved by the House of Representatives before being sent to the Senate this week, and President Joe Biden has already insisted that the bill will sign a ban on the bill.

The bill should see the Tiktok’s bytedance or the forbidden apps in the United States, which attracted the attention of potential buyers, including KOTICK. According to WSJ’s sources, KOTICK has made a purchase idea to BYTEDANCE co -founder and is looking for a partner that can include Openai’s Sam Altman. According to the Wall Street Journal, “Openai can help you train the AI ​​model by using tiktok if partners like Kotick can raise capital for such arguments.” Tiktok’s sales are estimated to be in the range of “hundreds of millions of dollars.”

KOTICK started at the end of last year after completing $ 68 billion in sales at Microsoft at the end of last year. KOTICK’s tenure in Activision Blizzard was launched in 2021 in 2021 when California’s investigation into sexual harassment and discrimination in 2021 over decades. Ultimately, California’s civil rights department withdrew all charges and claims associated with harassment, and in December 2023, along with Activision Blizzard, they solved their wages and promotion claims that were less than $ 54 million.

The consensus approved by the court included the following statements:

“[N]o The court or independent investigation claimed that there was a systematic or extensive sexual harassment in Activision Blizzard. Vitalized Blizzard senior executives ignored, forgive or tolerate systematic harassment, retaliation or discrimination. Or the board of directors, including the Robert Kotick chief executive of Activision Blizzard, acted inappropriate in relation to the processing of illegal acts in the workplace. ”

In addition, the agreement reported that the former EEOC chairman conducted a review of the company’s policy, practices and specific complaints, and that the company had no extensive harassment. The company itself publicly published a transparency report, claiming that there is no widespread or systematic harassment or gender wage inequality in Activision Blizzard.

KOTICK left for a golden parachute worth about $ 15 million.

Update: 04/01/2024, 2:00 pm ET: The article has been updated to include details of the CRD agreement, and Activision Blizzard has refused any mistake, and the payment confirmed that CRD cannot prove that claim.

Update: 05/17/2025, 12:10 PM ET: This article has been updated to include additional languages ​​of the CRD agreement and include as part of the agreement. CRD withdrew from complaints about harassment.

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