This June 13, 2013 file photo shows the Activision Blizzard Booth during the Electronic Entertainment Expo in Los Angeles. (AP Photo/Jae C. Hong, File)
Tony Petitti is leaving Major League Baseball after 12 years to become president of sports and entertainment for the video game and esports company Activision Blizzard Inc. on Aug. 17.
Petitti was one of two deputy commissioners under baseball Commissioner Rob Manfred, in charge of business and media. Dan Halem is deputy commissioner for baseball administration and chief legal officer.
Activision Blizzard said Monday that Petitti will report to CEO Bobby Kotick and will oversee esports, consumer products, and film and television.
A graduate of Haverford College, Petitti attended Harvard Law School. He worked for ABC and was executive vice president and executive producer at CBS Sports, then became responsible for the CBS College Sports Network, formerly CSTV. He was hired in April 2008 as president and chief executive officer of the MLB Network, set to launch the following Jan. 1.
As Manfred prepared to succeed Bud Selig as baseball commissioner, Petitti became MLB’s chief operating officer in December 2014. He was promoted to the deputy commissioner role three years later and was in charge of all content and revenue-related operations.
Formed in the 2008 merger of Activision and Vivendi Games, Activision Blizzard has properties including esports' Overwatch League and Call of Duty League.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.