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The Mess Around Whether To Boycott Activision Blizzard
5.8.2021
On July 20 California filed a lawsuit against Call of Duty and World of Warcraft maker Activision Blizzard alleging widespread workplace issues over the years including sexual harassment and gender-based pay discrimination. A week after employees formed a worker group to push for better working...
Embracer Group Buys Seven Studios, Including Duke Nukem's 3D Realms
5.8.2021
The Embracer Group, an enormous corporate blob encompassing publishers like Gearbox, THQ Nordic and Deep Silver, has just bought seven new studios, including 3D Realms (Duke Nukem) and Ghost Ship Games (Deep Rock Galactic).Read more
Blizzard’s Top HR Guy Out Following Lawsuit And Widespread Criticism
4.8.2021
Another top manager at Blizzard Entertainment has left in the wake of a California lawsuit alleging widespread sexual harassment and discrimination at parent company Activision Blizzard. Following the news that Blizzard president J. Allen Brack stepped down earlier today to “pursue...
Activision Blizzard Workers: Leadership Isn’t Actually Meeting Our Demands
3.8.2021
Activision Blizzard employees issued a new statement today criticizing leadership’s actions in the wake of California’s sexual harassment lawsuit against the company. The message specifically calls out CEO Bobby Kotick’s lack of “meaningful” progress after his first public statement and...
Video Games Are "Spiritual Opium," Says Chinese Government-Owned Media
3.8.2021
Tencent stock fell as much as 11 percent today after a Chinese economic paper blasted gaming, referring to it as “spiritual opium” and “electronic drugs.”Read more
Blizzard President J. Allen Brack Is 'Stepping Down'
3.8.2021
J. Allen Brack, the President of Warcraft and Overwatch studio Blizzard Entertainment, is leaving his position less than two weeks after an investigation by the California Department of Fair Employment and Housing made public explosive allegations of harassment and discrimination within...
Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador
3.8.2021
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings...
Digital Transformation Law Draft Would Allow Users to Pay Mortgages With Crypto in Spain
2.8.2021
A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency. The law draft also gives different incentives for companies and organizations using and developing solutions using these technologies...
Another Landmark Tokyo Arcade Is Closing
2.8.2021
After opening in July 1993, the nine-story Sega Ikebukuro Gigo became a neighborhood landmark. On September 20, the arcade will cease operations and close.Read more
Activision Blizzard's Torture Apologist Executive Is Now Blocking Employees On Twitter
2.8.2021
Over the weekend, amidst all the turmoil and toxic publicity being generated by the investigation and subsequent lawsuit from the California Department of Fair Employment and Housing over the company’s abusive workplace conditions, Activision Blizzard’s Fran Townsend thought it would be the perfect...
Multi-Billion Dollar Hedge Fund Goldentree Is Reportedly Adding Bitcoin to Its Balance Sheet
1.8.2021
The hedge fund Goldentree, a firm with $41 billion in assets under management (AUM) has reportedly added the leading crypto asset bitcoin to its balance sheet. Unnamed sources detail that the American asset management firm leveraged bitcoin to diversify from traditional debt investment strategies....
Report: Blizzard Once Slapped With 'Misogyny Tax'
30.7.2021
A cybersecurity company whose security researcher had once been harassed by Blizzard employees at a hacking conference charged the game developer a 50 percent “misogyny tax” when it sought a quote for security services, according to a new report from Waypoint.Read more
Ubisoft Workers Decry Industry's 'Culture Of Abuse'
28.7.2021
A new open letter signed by almost 500 current and former Ubisoft employees announces their solidarity with the workers at Activision Blizzard, demands movement from their own leadership, and calls for systemic change across the entire video game industry, Axios reports.Read more
Twitch Streamers and Devs Help Activision Blizzard Walkout With Boycotts, Money
28.7.2021
As employees at Activision Blizzard prepare for today’s Walkout for Equality, streamers, developers, and gamers from around the world are showing their support through charitable donations, game boycotts, and by signal-boosting the event.Read more
Activision CEO Bobby Kotick Comments On Harassment Allegations
28.7.2021
Activision Blizzard CEO Bobby Kotick has issued a public statement addressed to all employees concerning the lawsuit against his company by the state of California.Read more
Mastercard Launches Global Program to Help Cryptocurrency Startups Scale Their Innovations
28.7.2021
Payments giant Mastercard has launched a new, global program for cryptocurrency startups. Seven crypto companies have already joined the program. Together with Mastercard, they will work to “expand and accelerate innovation around digital asset technology and make it safer and easier...
Goldman Sachs Files Defi ETF Application
27.7.2021
Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi...
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
27.7.2021
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...
Brazilian Authorities Seize $33 Million in Money Laundering Investigation Linked to Cryptocurrency Exchanges
27.7.2021
The Brazilian authorities seized $33 million linked to a money-laundering investigation involving cryptocurrency exchanges. The operation, called “Exchange Transaction” by the Brazilian police, involved six search warrants in different locations of the country. These searches were...
Over 1,000 Activision Blizzard Employees Sign Letter Condemning Company's Response To Allegations
26.7.2021
“Following the announcement from Activision Blizzard, and in light of the internal memo circulated by Frances Townsend, a group of over 800 employees from across all of Activision-Blizzard-King and its subsidiaries came together to take action,” a representative of the group told Kotaku. “Over...