Thursday, October 28, 2021

Activision Blizzard CEO Bobby Kotick, who earned $154.6M last year, will take a pay cut to $62,500 and forego equity grants until diversity goals are met (Jennifer Ryan/Bloomberg)

Jennifer Ryan / Bloomberg:
Activision Blizzard CEO Bobby Kotick, who earned $154.6M last year, will take a pay cut to $62,500 and forego equity grants until diversity goals are met  —  - Compensation included paying CEO $154.6 million last year  — Company facing sexual harassment and discrimination case



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...