Activision To Lay Off 800 As Game Sales Drop

SANTA MONICA, Calif. (AP) — Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history. The cutbacks announced Tuesday illustrate the boom-and-bust cycles in an industry whose fortunes are tied to video games that can have a […]

Vivendi To Sell Activision Stake Worth $850M

Vivendi SA, once the controlling shareholder in video-game maker Activision Blizzard Inc., is selling half of its remaining stake in an offering valued at more than $850 million.