As the gaming world continues to be a hub of excitement and drama, a new player has entered the scene with an unexpected move. Bobby Kotick, the former CEO of Activision Blizzard, has reportedly shown interest in acquiring TikTok, the popular video-sharing platform that has taken the world by storm.
The news of Kotick's interest in TikTok comes at a crucial time, as the app faces the threat of being banned in the United States due to recent legislative developments. It has been speculated that Kotick, along with potential partners, would need to invest 'hundreds of billions' of dollars to secure the acquisition.
Kotick's involvement in the potential takeover of TikTok marks a significant shift from his previous role at Activision Blizzard. Following Microsoft's acquisition of the gaming giant, Kotick stepped down, leading to mixed reactions within the company. While some were glad to see him go, others acknowledge his business acumen and industry influence.
According to reports from the Wall Street Journal, Kotick has been actively pursuing partners to join him in this bold move. The article mentioned that during a recent gathering, Kotick floated the idea of acquiring TikTok to a group that included OpenAI CEO Sam Altman.
The impending legislation in the United States poses a serious threat to ByteDance, TikTok's current owner. With 170 million American users at stake, ByteDance faces the possibility of either divesting the platform or facing a nationwide ban.
With President Biden's potential approval of the legislation looming, ByteDance finds itself at a crossroads, potentially going head-to-head with the US government or striking a deal with Kotick and his partners.
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