CEO

Activision CEO Robert Kotick named one of the top paid CEOs in U.S. [Update]

Activision CEO Robert Kotick named one of the top paid CEOs in U.S. [Update]

Robert Kotick, who is currently the CEO of Activision Blizzard, and who was also the director/CEO of Activision from February 1991 to July 2008, has been named one of the top paid CEOs in the United States. Kotick 's compensation increased to $64.9 million in 2012. In a recent regulatory filing discovered by Reuters, a majority of Kotick's huge compensation comes from stock rewards totaling $55,915,738.

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Government orders Tim Cook to testify in price-fixing lawsuit

Government orders Tim Cook to testify in price-fixing lawsuit

Apple CEO Tim Cook will be required to testify for 4 hours on the eBook price-fixing scandal the company was accused of. Apple is the last company, out of 6, to be testifying in this case. The other companies, which include Hachette, HarperCollins, Simon & Schuster, Penguin, and Macmillan have all reached a settlement with the Department of Justice. The companies had to terminate their agreements with Apple and other retailers, and follow a list of guidelines administered by the DoJ to ensure this issue would never happen again.

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