Posted 3/11/2024, 3:15:00 PM
Former Activision Chief Kotick Explores Bid for TikTok With Big Tech Partners
- Former Activision Boss Bobby Kotick reportedly wants to buy TikTok according to Wall Street Journal sources
- Kotick has floated the idea of a buy to ByteDance's co-founder and is seeking partners like OpenAI's Sam Altman
- TikTok faces legislation in the U.S. that could force a ban pending a sale over national security concerns
- Kotick departed Activision Blizzard last year after its $68B sale to Microsoft, following controversies around workplace culture
- Kotick's potential TikTok bid is estimated in the hundreds of billions; he reportedly has $15M golden parachute from Activision exit