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Microsoft Cuts Nearly 2,000 Video Game Workers' Jobs
25.1.2024
Another day, another layoff. This time, the staff cuts are happening at Microsoft, with IGN reporting that nearly 2,000 employees at the Xbox maker were let go.Read more
Bethesda's Indiana Jones Is Both First-Person And Third-Person
18.1.2024
First announced in 2021, Bethesda’s big Indiana Jones game has been mostly off the radar since its initial teaser. But during Xbox’s January 18th Developer Direct, Xbox showed off the next digital Indy adventure—Indiana Jones and The Great Circle—via a new gameplay video while confirming it will...
The State Of Xbox And Game Pass In 2023
18.12.2023
On paper, Microsoft did what it needed to do in 2023 to improve on a quiet, somewhat empty 2022. But it also enacted layoffs and took some public beatings in court as it tried to become even bigger.Read more
FTC Is Still Trying To Block The Xbox And Activision Merger
7.12.2023
Just when we thought Microsoft’s Activision acquisition was finally set in stone two months ago, it looks like the Federal Trade Commission has made another appeal to block Master Chief and John Call of Duty’s marriage.Read more
Judge signs off on $1.65B settlement between Voyager Digital and FTC
28.11.2023
The settlement between the crypto lending firm and the FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC
Oxford quantum computing spinout announces $100M funding round led by Japan’s SBI
28.11.2023
OQC is also launching what it calls “the world’s first enterprise ready quantum computing platform.”
FTC enhances investigative procedures to deal with AI-related lawbreaking
22.11.2023
The Federal Trade Commission (FTC) unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands (CIDs) in AI investigations while retaining its authority to determine when CIDs are issued
Xbox Boss Says There's No 'Secret' Call Of Duty Drop Coming To Game Pass In 2023
17.10.2023
Now that Microsoft’s purchase of Activison Blizzard has officially been completed, Xbox Series X/S owners have been hoping to see games like Call of Duty: Modern Warfare II and Diablo IV appear on Game Pass any day now. But Microsoft Gaming CEO Phil Spencer poured cold water on the rumor mill hype...
FTC Warns Consumers Crypto Deposits Are Not FDIC Insured
17.10.2023
The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the agency cautioned. “If something happens,...
Bethesda Exec Pete Hines Leaving Company After 24 Years
16.10.2023
Bethesda publishing head Pete Hines is retiring from the Starfield developer after 24 years, he announced on Twitter (or X) on October 16. Hines’ decision comes only a few days after Microsoft, which owns Bethesda Game Studios, was rubber-stamped to complete its $69 billion Activision Blizzard...
CFTC Sues Former CEO of Crypto Lender Voyager for Fraud
14.10.2023
The U.S. Commodity Futures Trading Commission (CFTC) charged the former CEO of bankrupt cryptocurrency lender Voyager Digital with fraud. The regulator accused Stephen Ehrlich and the company of luring investors with promises of high-yield returns while breaking derivatives rules. Ehrlich was also...
Activision Blizzard Games Should Hit Game Pass In 2024
9.10.2023
When speculation rife that Microsoft expects to finalize its purchase of Activision Blizzard this week, and COD: Modern Warfare III out in a month, it seems people have been wondering when Activision’s games will start appearing on Microsoft’s Game Pass. According to a tweet from Activision...
Fortnite Players Can Now Get A Refund From Historic FTC Settlement
20.9.2023
Good news, everyone: now Fortnite can pay you. After a spat with the FTC wherein Epic Games settled for $245 million dollars, the Federal Trade Commission has launched a webpage for eligible Fortnite players to get some money back. Read more
Who Was Responsible For The Biggest Xbox Leak Ever? Court Blames Microsoft
19.9.2023
Microsoft is currently facing an unprecedented leak of confidential plans and conversations around both the recent past and coming future of Xbox. Sensitive documents meant only for the eyes of the court involved in the Federal Trade Commission’s failed battle to stop Microsoft’s acquisition...
Microsoft Casually Discussed Buying Nintendo Or Valve In Leaked Email
19.9.2023
A leaked 2020 email from Microsoft Gaming CEO Phil Spencer reveals his sustained interest in buying either Nintendo or Steam developer Valve. The Northern District Court of California mistakenly released the email—along with many other documents from the Federal Trade Commission v. Microsoft...
Activision Says Switch 2's Power Is Akin To PS4, Xbox One
18.9.2023
As reports that a Nintendo Switch successor is inbound become more commonplace, we’re learning more about what we can likely expect from the company’s next console. Maybe this was to be expected, but new details suggest that the performance of the Nintendo Switch 2—or whatever it ends up being...
Former Celsius Boss Alex Mashinsky Seeks Dismissal of FTC Lawsuit
13.9.2023
Alex Mashinsky, the former CEO of Celsius Network, has filed a motion to dismiss the Federal Trade Commission (FTC) lawsuit against him. In the motion, Mashinsky argues the FTC has failed to allege he violated any laws or rules. His lawyers say the FTC is not entitled to monetary relief and cannot...
Former Celsius CEO Mashinsky seeks dismissal of FTC case
12.9.2023
Former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S regulatory agencies
Bankrupt Celsius Founder Alex Mashinsky Asks Court to Dismiss US FTC Case
12.9.2023
Former Celsius CEO Alex Mashinsky, who has been embroiled in legal troubles since his company's bankruptcy and his subsequent arrest, is now seeking to have the Federal Trade Commission (FTC) drop its case against him.
In a recent court filing, Mashinsky's legal team has argued that the FTC's...
Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case
12.9.2023
Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators