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Every Franchise Xbox Now Owns After Buying Activision
13.10.2023
On October 13, Microsoft completed its nearly two-year-long process of consuming Activision Blizzard King. And while it will take months and years for Xbox and all the parties involved to sort everything out and start bringing past Activision Blizzard games to Game Pass, for now, we can tally...
Microsoft Asks Controversial Activision CEO Bobby Kotick To Stay For Two More Months
13.10.2023
Longtime Activision Blizzard CEO, Bobby Kotick, is almost gone, but not quite yet. Nearly two years after over 1,000 of his employees called on the controversial executive to resign, Microsoft Gaming CEO Phil Spencer confirmed that Kotick will remain the head of the Call of Duty publisher until...
Microsoft Closes Activision Blizzard Acquisition, Making Call Of Duty Officially Part Of Xbox Now
13.10.2023
The video game industry just got a lot smaller. The long and winding saga of Microsoft’s $69 billion purchase of Activision Blizzard has finally come to a close with the companies announcing the completed merger today following one last greenlight from regulators in the UK. Call of Duty is now part...
Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
2.10.2023
Silvergate Bank transformed from a community lender to a high-flying crypto bank without its Federal Reserve examiners raising an alarm, according to a report from the Federal Reserve’s Office of Inspector General (OIG), allowing the bank to take risks that would turn fatal
California Revisits Stringent Licensing for Crypto Businesses with New Bill AB 39 - Here's What You Need to Know
21.9.2023
California is once again taking steps to tighten crypto regulation with a new bill, AB 39, introduced on Tuesday.
The legislation follows a previous attempt in February 2022, when the state introduced AB 2269. The older bill also proposed strict licensing requirements for companies engaged...
Report: Jeopardy! Players Turn Down Rare Opportunity To Return, With Good Reason
11.8.2023
Jeopardy!’s 40th season is scheduled to begin on September 11. And this time around the popular trivia show is inviting past players from previous seasons to play one more time, a rare opportunity that most contestants never dreamed would happen. But to play again these contestants are being asked...
Californian Regulator Updates Campaign Policy For Cryptocurrency Donations
11.8.2023
The California Fair Political Practices Commission has rolled out fresh disclosure requirements for politicians and political candidates seeking donations in digital assets.
A newly released agenda for the next commission’s meeting shows the latest updates on which political parties are to work...
California commission outlines campaign disclosure requirements for crypto
11.8.2023
The California Fair Political Practices Commission has released disclosure requirements for cryptocurrency contributions made to political candidates and committees
GTA Online Publisher Execs Get $72M Thanks To Player Spending
1.8.2023
According to new documents, GTA, Borderlands, and NBA 2K publisher Take-Two Interactive is paying two of its top execs over $70 million this year, over twice what it paid the same executives last year. And that number could increase next year, as players continue to spend more and more on in-game...
QI Research’s DiMartino Booth Foresees ‘Full Damage’ Yet to Unfold in US Banking Sector
31.7.2023
Danielle DiMartino Booth, holding the dual roles of CEO and chief strategist at QI Research, foresees that the 22-year peak in interest rates set by the Fed is merely a precursor to what’s to come. She anticipates further upheaval within the banking industry. The strategist articulated...
Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more
28.7.2023
This week’s Crypto Biz explores Elon Musk’s plans for X, the Italian central bank’s take on DeFi, PacWest’s merger with Banc of California and more
PacWest stock flash crash recovers after rescue merger with Banc of Cali
26.7.2023
PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California
Microsoft And Sony Finally Reach Deal For The Future Of Call Of Duty On PlayStation
16.7.2023
Microsoft and Sony have finally reached a deal for keeping Call of Duty on PlayStation once the Activision Blizzard merger goes through. The surprise agreement comes after months of fighting between the two companies, that included a court battle with the FTC, and is a sign the acquisition is...
ChatGPT maker Open AI hit with class-action lawsuit over alleged data theft
29.6.2023
AI tech has gained a lot of traction over the past year so much so that the EU and US have already proposed legislation around the nascent tech
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
7.6.2023
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint
SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse
6.5.2023
After the second largest bank failure in history, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s...
Coinbase faces suit over alleged privacy violations in biometrics collection
2.5.2023
The proposed class action lawsuit alleges the exchange violated privacy laws in Illinois when it collected and stored users' fingerprints and facial scans
JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators
1.5.2023
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable...
JPMorgan to acquire troubled First Republic Bank
1.5.2023
Banking giant JPMorgan has won the bid to take over all the assets of the troubled First Republic Bank after efforts to revive it failed
California approves blockchain-based digital wallet for gov't services
27.4.2023
Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is set to begin a pilot program in July 2023