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Activision Blizzard reached a settlement this week over a shareholder's lawsuit in regards to the Call of Duty publisher's October 2013 buyout. As a result, Vivendi and others will pay $275 million to Activision to settle the litigation, which began in August 2013 before Activision's $8.2 billion p...

November 21st 2014 at 1:00pm 0 Comments
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The majority of shares in Warframe developer Digital Extremes have been acquired by two Chinese companies, Multi Dynamic Games and Perfect Online Holding. As a subsidiary of Sumpo Food Holdings Limited, Multi Dynamic Games purchased 58 percent of Digital Extremes' shares for $69.6 million, whereas...

October 16th 2014 at 10:30am 0 Comments
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Two senior members of Electronic Arts sold off the entirety of their shares in the publisher late last week when the company hit the highest share price it's seen in well over five years. SEC filings revealed that Patrick Soderlund, executive vice president of EA Games and EA senior vice president...

May 12th 2014 at 6:15pm 0 Comments
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Dark Souls and Armored Core developer From Software is to become a subsidiary of Kadokawa Corporation, after the Japanese publisher announced its acquisition of the studio. According to a report by GameBiz.jp, Kadokawa will conclude the transfer of 80 percent of the company's shares from former sha...

April 28th 2014 at 8:10am 0 Comments
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Sony announced it's selling its entire stake of 9.52 million shares in Square Enix, with the PlayStation company booking a gain of 4.8 billion yen (around $47 million) in the current fiscal quarter. At the time of writing, Sony is the third-largest shareholder in Square Enix with an sizable equity...

April 16th 2014 at 9:30am 0 Comments
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Nintendo has purchased stock in Dwango Co., the parent company of Japanese mobile video content platform Nico Nico Douga, Business Week reported yesterday. Before you spread news of Nintendo finally venturing into smartphones however, know that Nintendo spokesperson Yasuhiro Minagawa has stated th...

November 16th 2013 at 4:30pm 0 Comments
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Back in July, Activision Blizzard CEO Bobby Kotick led a charge to buy the company back from parent company Vivendi. After a few bumps in the road, the share buyback is complete and Activision Blizzard is now (mostly) free of Vivendi. $5.83 billion of stock is owned by Activision Blizzard, while K...

October 14th 2013 at 11:00am 0 Comments
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Now that Facebook has granted broadcasters access to your public wall posts, it wants to give them even more of your data -- but anonymously this time. Zuckerberg and Co. told the Wall Street Journal it'll supply the likes of ABC, NBC, FOX and others with detailed analytics on how much buzz a show...

September 30th 2013 at 8:44am 0 Comments
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Looks like the rumors were true. HTC announced today that Beats Electronics will buy back the remaining 25 percent stake it had in the headphone maker for $265 million, all but bringing to an end a two-year partnership that has never really worked out. It's quite a bit of cash for HTC, after it to...

September 27th 2013 at 6:15am 0 Comments
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An analysis by Deutsche Bank's Chris Whitmore shows a potential US$50 billion stock buyback would boost Apple's earnings per share by as much as $4.25 in 2014, AppleInsider reports. This comes in the wake of a meeting last week between Tim Cook and investor Carl Icahn where the possibility of expand...

August 19th 2013 at 7:00pm 0 Comments
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Multinational banking conglom-o J.P. Morgan has reduced the amount of Zynga stock in its possession from 6.7 million shares to 2.6 million, All Things D reports. This represents a shift in its ownership of the developer/publisher from 6.7 percent to less than half of one percent, with the whole of...

January 12th 2013 at 7:30pm 0 Comments