activision blizzard

The U.S. Securities and Exchange Commission has launched an investigation into video game publishing giant Activision Blizzard, which is engulfed in allegations that company executives ignored reports of sexual misconduct and discrimination against women employees.

The Santa Monica-based company on Monday confirmed the probe and said it was cooperating with the federal agency.

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Born in the wake of the #MeToo movement, Los Angeles-based startup AllVoices is hoping to make it easier for employees to report incidents of workplace harassment.

The company's platform acts as a third-party tool to let workers report incidents of harassment and give feedback to companies anonymously, but as founder Claire Schmidt readily admits, it's not an end-all-be-all to end workplace harassment.

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Despite facing lawsuits from California and investors surrounding its "frat boy" workplace culture, Activision Blizzard beat Wall Street's expectations for revenue and forecasted revenue.

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