Bobby Cotik, the former head of the partition department, wants to buy Tiktok

Tiktok is in a very difficult place these days. Although every person you know uses for successive hours, the video sharing application is currently facing legislation that will force his ban in the United States waiting for a possible sale, and lines potential buyers. One of these potential buyers is said to be Bobby Cotik, former president of Activision Blizzard, according to the Wall Street Journal.

Tiktok has been examined for years by American lawmakers who have argued that its China -based mother -based mother company may share the data it collects with the Chinese government, or that the application could serve as a tool for delivery. Despite the tensions that have been satisfied with some time, which prompted many to believe that the application will be banned in the United States, things have been apparently cooled until a draft law is pushed through the Energy and Trade Committee in the House of Representatives last week, which increased pressure on the spices. The draft law is expected to be reviewed and approved by the House of Representatives this week before sending it to the Senate, and President Joe Biden has already claimed that he would sign a ban if the bill succeeds in legislation.

The draft law requires that “strip” of Tiktok or see the banned application in the United States, which has renovated attention from potential buyers, including KOTICK. According to WSJ sources, KOCICK introduced the idea of ​​purchase to the co -founder of Bytedance, and is said to be looking for partners, which can include Sam Altman from Openai. According to the Wall Street Journal, “Openai Tiktok can be used to help train artificial intelligence models if a partner like Kotick can raise the capital to such a acquisition.” Tiktok was estimated to sell as “hundreds of billions of dollars”.

Kotick left from Activision Blizzard late last year after the sale of the publisher of $ 68 billion to Microsoft. The duration of Kotick in Activision Blizzard for decades and received fire in 2021, when California has now filed a non -lawless lawsuit after investigating the allegations of sexual harassment and discrimination. Ultimately, the California Civil Rights Ministry withdrew all allegations and claims related to harassment and settled with Activision Blizzard in December 2023 for $ 54 million to resolve unnecessary wages and promotions.

The approved settlement included a statement provided that:

(N) O court or any independent investigation that has proven any allegations that there is regular or large sexual harassment in Activision Blizzard; those executives of Activision Blizzard ignore, condon or tolerate the CEO, O executive director, O Executive Director, CEO.

In addition, the settlement noted that the former EEOC president had a review of the company’s policies, practices and certain complaints and stated that there was no widespread harassment in the company. The company itself issued a public report on transparency, which also confirmed that there was no widespread harassment or gender inequality in Activision Blizzard.

Kotik left a golden canopy estimated at $ 15 million.

Update: 01/04/2024, 2:00 pm East time: This article has been updated to include CRD settlement details, that depriving the Activision Storm any violations, and the settlement confirms that CRD could not prove these claims.

Update: 05/17/2025, 12:10 pm East time: This article has been updated to include an additional language of CRD settlement, including as part of the settlement, CRD withdrawal claims related to harassment of its complaint.

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