"Former Activision CEO Bobby Kotick Explores TikTok Acquisition Amid Political Uncertainty"

1 min read
Source: GameSpot
"Former Activision CEO Bobby Kotick Explores TikTok Acquisition Amid Political Uncertainty"
Photo: GameSpot
TL;DR Summary

Former Activision Blizzard CEO Bobby Kotick has reportedly expressed interest in purchasing TikTok and has approached ByteDance founder Zhang Yiming over a potential sale, with the estimated cost being in the hundreds of billions of dollars. Kotick may seek partners, such as OpenAI CEO Sam Altman, to raise the necessary funds, and has discussed the idea with other interested parties. This comes as TikTok faces potential US legislation that could force its sale within six months due to national security concerns, with President Joe Biden indicating willingness to sign the bill. Meanwhile, Kotick recently exited Activision Blizzard following its acquisition by Microsoft and amid controversies at the company.

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