Former Activision Blizzard CEO May Buy TikTok

Former CEO of Activision Blizzard, Bobby Kotick, started pitching his idea to potential investors to buy TikTok. It is also claimed that OpenAI CEO Sam Altman is among the possible investors.

With a new law signed in the USA recently, The future of TikTok It started to be discussed. “Act to Protect Americans from Practices Controlled by Foreign Competitors” With the legal regulation called TikTok, its parent company From Byte Dance It was claimed that he had 6 months to reserve. Former Activision Blizzard CEO Bob KotickBased on these developments, , started to take steps to purchase TikTok and started meeting with possible investors. Of course, such a purchase could cost hundreds of billions of dollars.

Didn’t part well with Activision

For nearly 30 years Activision Blizzard Kotick, who was sitting in the manager’s seat, was dismissed as well as resigned. The company had to pay large compensation in the sexual harassment and gender discrimination case, which started in 2021 and ended last year. According to some allegations, which Activision Blizzard later denied, Kotick supported these harassment behaviors and even exhibited similar behavior himself. Calls for resignation that went unanswered at that time led to the company’s resignation in 2023. Microsoft It reached its conclusion with its acquisition by .

OpenAI CEO Sam Altman is said to be among investors in the potential

Against the risk of possible ban TikTok, called on its users to call their senators. US officials want to prevent applications such as TikTok from transferring data belonging to US citizens to rival states such as China. on the other hand Kotick’s Among the names he knocked on was OpenAI CEO. Sam Altman is also included. In such a case, artificial intelligence models can be trained with application data, which does not seem to be an idea that is in favor of users.

RELATED NEWS

The Bill That Will Ensure a Complete Ban on TikTok in the USA Has Been Adopted: TikTok Started “Begging” Users for Support


source site-34