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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...

5 months ago 0 Comments
November 21, 2014 at 1:00PM
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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 ...

6 months ago 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 ...

11 months ago 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...

12 months ago 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 ...

1 year ago 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 ...

1 year ago 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...

1 year ago 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...

1 year ago 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...

1 year ago 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 ...

2 years ago 0 Comments
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Facebook's Recommendations Box sits passively on many websites, allowing us to engage or ignore as we see fit. But too much of the latter option has led to something slightly different: the new Recommendations Bar -- a pop-up variant which, when integrated by your favorite page, plugs site-specifi...

2 years ago 0 Comments
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MMO competitors and countrymen-in-arms Nexon and NCsoft are closer than ever today, as Nexon has acquired a minority interest in its fellow company. The move makes Nexon NCsoft's largest shareholder. Nexon announced that it had invested in NCsoft by snapping up 3,218,091 shares in a private tr...

2 years ago 0 Comments
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Shares of Sony stock have dipped to their lowest number in 31 years in Japan and to a 19-year low in the US, following a dismal earnings report for the previous fiscal year. Sony shares dropped 7 percent in Japan, to 1,135 Yen ($14), and 2 percent in the US, closing at $15.37. Sony CEO Kaz Hirai pl...

2 years ago 0 Comments
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Apple's stock soared on Wednesday and now it is poised to cross the US$600 mark. As noted by CNN Money, the stock hit $600 once and has fallen back down to $598 at the writing of this post. As The Wall Street Journal points out it took Apple 34 trading days to jump from $400 to $500 and a mere 23 ...

3 years ago 0 Comments