Tag: Software

Activision and California Agency File Settlement of Gender Discrimination Claims
Technology

Activision and California Agency File Settlement of Gender Discrimination Claims

Activision Blizzard and a California regulator filed a legal settlement in which the videogame company agreed to pay to resolve gender discrimination charges while the state withdrew sexual-harassment claims.The settlement between Activision and the California Civil Rights Department, if approved by a judge, would end a legal battle that helped lead to the videogame company’s sale to Microsoft. Settlement documents that both sides said were filed in California Superior Court confirm an agreement from last week.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Chinese Game Stocks Fall After China Proposes Online-Game Regulations
World

Chinese Game Stocks Fall After China Proposes Online-Game Regulations

Updated Dec. 22, 2023 3:40 am ETChinese gaming stocks traded in Hong Kong dropped after Beijing released draft regulations for the online game industry which included restrictions on the incentives to play or spend more online.Shares of Netease, one of China’s major online gaming companies, were 22% lower at 126.30 Hong Kong dollars (US$16.17) Friday, on track for their largest one-day loss since July 2021.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
IBM to Buy Business Units From Software AG for $2.32 Billion
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IBM to Buy Business Units From Software AG for $2.32 Billion

Updated Dec. 18, 2023 3:30 am ETIBM said it will buy German software company Software AG’s webMethods and StreamSets divisions for 2.13 billion euros ($2.32 billion).The acquisition comes as the U.S. technology giant continues to focus on and invest in hybrid cloud and artificial intelligence technology, the companies said on Monday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover
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Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover

Updated Dec. 16, 2023 4:52 pm ETActivision Blizzard has agreed to pay more than $50 million to settle a high-profile lawsuit by a California regulator that helped spur Microsoft’s October takeover of the videogame company. The state’s Civil Rights Department sued Activision in mid-2021, alleging its leadership ignored numerous employee complaints of sexual harassment, discrimination and pay disparity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 
World

How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 

Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old megahit “Fortnite”—which served as the catalyst for the legal battle—is undergoing a resurgence in popularity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover
World

Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover

Updated Dec. 15, 2023 10:35 pm ETActivision Blizzard has agreed to pay more than $50 million to settle a high-profile lawsuit by a California regulator that helped spur Microsoft’s October takeover of the videogame company, according to people familiar with the matter.The Civil Rights Department sued Activision in mid-2021, alleging its leadership ignored numerous employee complaints of sexual harassment, discrimination and pay disparity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activision Blizzard to Pay Around $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover
Technology

Activision Blizzard to Pay Around $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover

Activision Blizzard has agreed to pay about $50 million to settle a high-profile lawsuit by a California regulator that helped spur Microsoft’s October takeover of the videogame company, according to people familiar with the matter.California’s Civil Rights Department sued Activision in mid-2021, alleging its leadership ignored numerous employee complaints of sexual harassment, discrimination and pay disparity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
It’s Game Over for the E3 Videogame Expo
Technology

It’s Game Over for the E3 Videogame Expo

Updated Dec. 13, 2023 8:22 am ETListen to article(1 minute)E3, the once-popular videogame expo, is powering down.The Entertainment Software Association, a videogame trade organization, said Tuesday it was ending its Electronic Entertainment Expo. The expo struggled to attract creators and top game companies in recent years. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple, Google Get Billions From Their App Stores. That’s Now Under Threat.
Technology

Apple, Google Get Billions From Their App Stores. That’s Now Under Threat.

Updated Dec. 12, 2023 6:34 pm ETMonday’s court ruling that Google has operated an illegal app-store monopoly is the latest in a mounting series of threats to the $500 billion-a-year app-store economy, which has evolved into a profit machine for Apple and Google that helped define the smartphone era.A jury unanimously sided with Epic Games, saying that Google had harmed the videogame maker by maintaining an illegal monopoly. Google said it plans to appeal the verdict and stands by its business model. In a separate case that concluded in 2021, a federal judge largely ruled against Epic even as she ruled that Apple must allow third-party software makers to steer customers to payment options within their own apps. The outcome might ultimately be decided by the Supreme Court.Copyright ©2023 Do...
Microsoft Targets Nuclear to Power AI Operations
Technology

Microsoft Targets Nuclear to Power AI Operations

Dec. 12, 2023 10:00 am ETMicrosoft is betting nuclear power can help sate its massive electricity needs as it ventures further into artificial intelligence and supercomputing.The technology industry’s thirst for power is enormous. A single new data center can use as much electricity as hundreds of thousands of homes. Artificial intelligence requires even more computing power.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8