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2:00 PM on 07.05.2014

A trick prevents Majesco stock from being delisted

Majesco is no longer in danger of being delisted from the NASDAQ stock exchange, thanks to some clever accounting. The Cooking Mama and Zumba Fitness publisher pulled off a reverse stock split last month, reducing its outstan...

Kyle MacGregor



Nintendo's humorous shareholder Q&A summarized photo
Nintendo's humorous shareholder Q&A summarized
by Jordan Devore

Jonathan told you how Nintendo's 74th annual general meeting of shareholders came across like a bad comments section. Now, here's that meeting in-depth as translated by Nintendo itself.

Notably, CEO Satoru Iwata was absent due to his health (please understand), but Shigeru Miyamoto and Genyo Takeda were present to field most of the questions. Some of them were pretty out there, like the one from a shareholder who proclaimed he was angry because he didn't understand gaming and god forbid Nintendo talk about gaming at its meetings. Good stuff.

If you'd rather have the short (but not too short) version, I've summarized some of the best bits.

The 74th Annual General Meeting of Shareholders [Nintendo]

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5:00 PM on 07.03.2014

Crytek UK has stopped work on Homefront: The Revolution

Amid recent reports of unpaid employees and mismanagement at Crytek, we are now seeing clear signs of trouble within the development studio. The UK branch of Crytek, which is actively working on Homefront: The Revolution...

Alessandro Fillari

2:15 PM on 07.01.2014

Nintendo's Satoru Iwata's approval up 3%, still low, Miyamoto's down 6%

Along with airing weird grievances, Nintendo's recent shareholders meeting allowed shareholders a chance to vote for or against everyone on the board. Satoru Iwata's 2014 approval rating of 80.64% is an increase compared...

Steven Hansen

2:45 PM on 06.30.2014

Summer Games Done Quick raised over $700,000 for charity

I can only half grasp the interest in watching speed run streams (or any game streams). I can also only half grasp $713,338.96, which to me feels a fortune. That's how much Summer Games Done Quick 2014 raised in donatio...

Steven Hansen

11:00 AM on 06.30.2014

Rhode Island agrees to $4.4 million settlement in 38 Studios lawsuit

Rhode Island has reached a $4.4 million settlement agreement with one of the defendants named in the state's lawsuit over the failed deal, according to court filings released Friday. The suit alleges defendant Moses Afonso Ry...

Kyle MacGregor





1:00 PM on 06.28.2014

Nintendo shareholders meeting is like a bad comments section

[Update: Here's a transcript of the full shareholders presentation.] One of the first things you learn when you start creating content on the internet is that a lot internet commenters are also aspiring content creators. They...

Jonathan Holmes

3:45 PM on 06.27.2014

Money in the bank: Nintendo's still got over $10 billion in assets

We've long known about Nintendo's war chest, which in 2012 was $10 billion in the bank and $6 billion in additional assets. Those numbers have shrunk (probably due in part to the large scale share buyback for investors with c...

Steven Hansen

2:45 PM on 06.27.2014

Mario Kart 8 sales hit 2 million in under a month

Mario Kart 8 sold 1.2 million copies in its first weekend of release. Reports from Nintendo's shareholders meeting are putting the sales, just under a month after release, at 2 million now. Pretty good for a Wii U game.&...

Steven Hansen

10:15 AM on 06.26.2014

Worldwide gaming market expected to hit $100 billion in yearly sales by 2018

Projected game sales for 2014 are expected to total $64 billion dollars globally. By 2018, the global sales have been projected to reach $100 billion, mostly due to the giant leap in mobile gaming. Burgeoning economies in cou...

Brittany Vincent

10:00 PM on 06.25.2014

Turns out Notch bought an Aphex Twin album for $46,000

One of the more interesting Kickstarter projects in recent memory is the Caustic Window project, an effort to buy and then release copies of a fabled "lost" album from electronic maverick Aphex Twin. After being successfully...

Alasdair Duncan

9:00 AM on 06.25.2014

Crytek allegedly having trouble paying staff, cancels Ryse sequel

Crytek's various studios have been bleeding staff, cancelling games (including a sequel to Xbox One exclusive Ryse), and struggling to pay staff, according to sources speaking to Kotaku and Eurogamer.  Kotaku's ten ...

Steven Hansen

3:30 PM on 06.17.2014

PewDiePie reportedly earns $4 million a year

In a piece on Felix "PewDiePie" Kjellberg, The Wall Street Journal reports that the famed YouTube personality brings in millions of dollars generated from ads placed on his videos. Make that around $4 million per year, ...

Jordan Devore

10:30 AM on 06.17.2014

Watch Dogs, PS4 top May software and hardware sales

The PlayStation 4 was once again the top selling console in May of 2014, though we haven't had a specific sales numbers update from anyone in a while. As for software, Ubisoft's day-one sales record holder Watch Dogs, re...

Steven Hansen



Capcom shareholders vote not to block company sale photo
Capcom shareholders vote not to block company sale
by Abel Girmay

Capcom announced today that its latest shareholder meeting has resulted in an official end to the company's buyout defense. Originally placed in 2008, the defense strategies were set in motion to defend Capcom from being acquired by any one person or entity trying to suddenly buy a majority stock.

This doesn't make Capcom completely defenseless in the event of a buyout, but it does mean Capcom no longer has the backing of shareholders should someone try to swoop in. It's no secret that the publisher has been financially troubled as of late, and its shareholders aren't comfortable stomaching anymore it seems.

So let your imaginations run free in comments. Anyone you would like, or dislike, to see buy up a controlling share? I'll admit I'm not terribly concerned myself, but that could have more to do with my relative disinterest in Capcom's recent library.

Capcom shareholders open company up to takeover possibility [Gamasutra]

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4:00 PM on 06.09.2014

Journey composer facing $50,000 fine from Musicians Union

If you've played the likes of Journey, Monaco, or The Banner Saga, then you'll have heard the wonderful music composed by Austin Wintory. Unfortunately, the Grammy-nominated composer is under fire from his union, the America...

Alasdair Duncan