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Blizzard's Chief Legal Officer Quits Amid Lawsuit
21.9.2021
Blizzard Entertainment’s chief legal officer, Claire Hart, has resigned from the embattled company. She announced the news in a LinkedIn post yesterday, saying that last Friday, September 17, was her final day.Read more
U.S. Government Now Investigating Activision Blizzard, Bobby Kotick Subpoenaed
20.9.2021
The U.S. Securities and Exchange Commission has reportedly launched a wide-reaching investigation into Activision Blizzard, with the government agency looking into how the embattled publisher handled the multiple allegations of sexual harassment, abuse, and toxic behavior that became public...
Diablo II Resurrected Dev: Folks Deciding If They'll Buy It Should 'Do What They Feel Is Right'
19.9.2021
In an interview with Axios Gaming on September 17, the design director on the upcoming Diablo II remake explained that folks trying to decide if they should buy the game should “do what they feel is right.” Many players don’t want to support Activision Blizzard games after a recent lawsuit made...
Workers Accuse Activision Blizzard Of Union Busting
14.9.2021
Activision Blizzard employees represented by the ABetterABK worker group filed a lawsuit against the Call of Duty publisher with the National Labor Review Board yesterday accusing it of union busting. It comes in the wake of a bombshell California lawsuit alleging widespread sexual harassment...
SEC Chief May be Gunning for Crypto Exchanges and Altcoins
14.9.2021
a> and ethereum (ETH) exclusively.Gensler is set to appear before the US Senate Committee on Banking, Housing, and Urban Affairs today, ahead of which his
Billionaire John Paulson Warns Cryptocurrencies Will Be Worthless, Bitcoin Too Volatile to Short
31.8.2021
Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S. housing market, says that cryptocurrencies are a bubble that will prove to be “worthless.” While he sees unlimited downside to crypto, he will not short bitcoin, however. “Even...
Riot Is Still Delaying Harassment Investigation, California Alleges
17.8.2021
In addition to Activision Blizzard, California’s Department of Fair Employment and Housing has also been looking at Riot Games’ history of “unlawful workplace practices”, saying in a statement today that the League of Legends developer has once again delayed their investigations into harassment...
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...
Activision Blizzard Is Losing Overwatch Sponsors After Lawsuit
3.8.2021
In the wake of a lawsuit detailing a sickening culture of harassment at Activision Blizzard, the Overwatch and Call of Duty publisher is starting to bleed sponsorships. As spotted by the esports site Dexerto, T-Mobile has apparently pulled support for the professional leagues of both games.Read more
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...
Activision Blizzard Sued By California Over Widespread Harassment Of Women
22.7.2021
Activision Blizzard, the publishing giant behind everything from Call of Duty to Overwatch, is being sued by the California Department of Fair Employment and Housing over a “frat boy” workplace culture that it alleges has led to years of harassment and abuse targeting the women in...
New York Fed Survey Shows Inflation Expectations Highest Ever Recorded
13.7.2021
American inflation expectations have surged according to the results of the latest New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013 and alongside the forecast of lower purchasing power, consumer debt and fears of a housing...
Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real Estate
11.6.2021
Homebuyers in the United States have found difficulties acquiring single-family homes after the year-long business shutdowns and lockdowns that followed Covid-19. It seems there’s a new wave of homebuyers in the U.S. real estate market, with buyers stemming from hedge funds, pension funds...
US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week
15.4.2021
U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push...
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
3.9.2020
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public...
Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
18.7.2020
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United Socialist...
Venezuela Bans Crypto Mining From Public Housing
17.7.2020
Crypto mining can harm the country’s electricity distribution, says a Venezuelan minister
Japanese Housing Giant to Begin Blockchain-powered Home Rentals
9.6.2020
Sekisui House, Japan’s biggest housebuilder, says it will launch a blockchain-powered home leasing platform for its Sher Maison range – and could allow renters to sign contracts and pay utility bills using blockchain-based solutions directly from their smartphones.
Per Cnet Japan, Sekisui House...
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...
Power Ledger to Bring Blockchain Energy Trading to West Australian Housing Developments
22.4.2020
The blockchain firm will provide the technology to enable energy trading at 10 new housing developments