Malathi's Feed
Sep 27, 2013

EA settles NCAA student-athlete cases, no game next year

SAN FRANCISCO, Sept 26 (Reuters) – Electronic Arts
said it had reached a settlement with former college football
athletes who have accused the company of using their images
without permission and would not be making a new game for the
popular “NCAA Football” series in 2014.

The athletes sued the video game publisher and the National
Collegiate Athletic Association (NCAA), which has strict rules
prohibiting them from sharing in the millions of dollars that
schools receive from television and licensing deals. The case
against the NCAA is still pending.

Sep 26, 2013

Electronic Arts says no ‘NCAA Football’ game next year

SAN FRANCISCO (Reuters) – Electronic Arts said on Thursday that it will not offer gamers the next iteration from its college football video game series “NCAA Football” in 2014 and is evaluating the fate of the game franchise, which is mired in legal disputes with former college athletes.

Electronic Arts made the decision because of on-going lawsuits and the withdrawal of support from organizations like the National Collegiate Athletic Association, Cam Weber, the general manager of American football for EA SPORTS, wrote in a blog post.

Sep 20, 2013

Grand Theft Auto V sales zoom past $1 billion mark in 3 days

SAN FRANCISCO (Reuters) – Grand Theft Auto V has crossed the $1 billion sales mark after three days in stores, a rate faster than any other video game, film or other entertainment product has ever managed, its creator Take Two Interactive Inc said on Friday.

The latest installment of GTA, a cultural phenomenon that has sparked a national debate on adult content and violence, received strong reviews and racked up $800 million in first-day sales alone.

Sep 19, 2013

U.S. court halts $8.2 bln Activision deal with Vivendi

SAN FRANCISCO/PARIS, Sept 19 (Reuters) – A U.S. court has
taken the rare step of halting Vivendi SA’s $8.2
billion deal to sell most of its stake in Activision Blizzard
Inc back to the U.S. videogame publisher, but the move
is unlikely to kill the transaction, according to analysts and
legal experts.

The Delaware Chancery court decision put a temporary hold on
the deal’s closing, after Activision investor Douglas Hayes
filed a lawsuit arguing the companies breached their legal duty
by failing to submit the deal to a shareholder vote.

Sep 18, 2013

Take Two’s GTA V starts strong with $800 million in first-day sales

SAN FRANCISCO (Reuters) – Take-Two Interactive Software Inc racked up a better-than-expected $800 million (496 million pounds) in first-day retail sales of “Grand Theft Auto V,” the fifth instalment of the lucrative franchise, which went on sale around the world on Tuesday.

The sales figure marked a first-day record for the Grand Theft Auto series in which players freely roam, mainly via automobiles, in a game world based on real-life locations such as Los Angeles.

Sep 18, 2013

Take Two’s GTA V posts $800 million in first-day sales

SAN FRANCISCO (Reuters) – Take-Two Interactive Software Inc racked up $800 million in first-day retail sales of Grand Theft Auto V, the fifth installment of the lucrative franchise that went on sale around the world on Tuesday.

The sales figure marked a first-day record for the Grand Theft Auto series in which players freely roam, mainly via automobiles, in a make-believe gameworld based on real-life locations such as Los Angeles.

Sep 18, 2013

EA’s fast-rising sports games chief Wilson named as CEO

SAN FRANCISCO (Reuters) – Electronic Arts Inc named its sports and digital games division head Andrew Wilson as chief executive on Tuesday, appointing the 39-year-old with a strong track record in leading game development after a six-month search.

Wilson, who hails from Australia, joined Electronic Arts in 2000, climbing rapidly through the ranks in Asia and the United States.

Sep 13, 2013

Factbox – Twitter FAQ: Behind the IPO-bound social media phenom

SAN FRANCISCO (Reuters) – Without making financial details public, Twitter filed with regulators this week for an IPO, a deal that would be the most keenly anticipated Silicon Valley debut since Facebook Inc’s in 2012.

Keeping the wraps on the deal means investors for now gain little insight into a corporation that grew in seven years from a notoriously unreliable novelty into one of the world’s most influential media, communications and advertising services.

Sep 13, 2013

Twitter FAQ: Behind the IPO-bound social media phenom

SAN FRANCISCO, Sept 13 (Reuters) – Without making financial
details public, Twitter filed with regulators this week for an
IPO, a deal that would be the most keenly anticipated Silicon
Valley debut since Facebook Inc’s in 2012.

Keeping the wraps on the deal means investors for now gain
little insight into a corporation that grew in seven years from
a notoriously unreliable novelty into one of the world’s most
influential media, communications and advertising services.

Sep 12, 2013

Insight: Trigger Finger – Apple fires biometrics into the mainstream

SINGAPORE/SAN FRANCISCO (Reuters) – By adding a fingerprint scanner to its newest mobile phone, Apple Inc is offering a tantalizing glimpse of a future where your favorite gadget might become a biometric pass to the workplace, mobile commerce or real-world shopping and events.

Although Apple’s executives said at Tuesday’s launch that its Touch ID technology embedded into the iPhone 5S’ home button would only provide fingerprint access to the phone and its own online stores, analysts said Apple’s embrace of such technology, called biometrics, would be key to wider adoption.