Major League Gaming, once the largest esports company in North America, is going out of business. In a special meeting on Dec. 21, MLG’s Board of Directors approved an Asset Purchase Agreement granting Activision Blizzard a large majority of MLG’s assets in exchange for $46 million.
Activision Blizzard ordered to pay $23.4M for patent infringement involving popular games.
I would read the article but the giant pop-ups from the top and bottom of the screen made me close it.
Without reading $23.4 million isn't a deterrent for a company that size.
Boss: Let's fire a few people to recoup on that loss.
Slave: Cortana has decided to get rid of Arkane Austin and Tango Gameworks.
Boss: Let's get those Firing Letters "Copilot Approved" and send them through the power of the cloud.
Slave: Long Live Phil !!!
ALL in the room: LONG LIVE PHIL !!!!
Well another troll company with a patent trying to extort money out of companies. Seems like they’re going to try and sue everyone.
Microsoft's legal counsel has responded to the accusations leveled yesterday by the FTC within the legal battle for the acquisition of Activision Blizzard.
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Microsoft thinks they did right thing did they? Imo you could've merge Activision into other sectors.
When a mega corporation is more powerful than the federal agency. Who do we have left to fight against these practices?
Microsoft isn't more powerful than the government and that's why you see them giving so much money to politicians. It cliche, but it's up to us to select representation that won't cave to corporate donors.
But yeah Microsoft doesn't have any defense against layoffs. No one made them do it and the went ahead with the merger knowing quite clearly that it would impact employees.
Apparently the layoffs were going to happen either way, and I'm inclined to believe it because Activision is beyond scummy. I'm instead wondering why Acti hired so many people in the first place.
Same reason a lot of tech hired a lot during covid. People were staying home, consuming a lot of personal media (buying more games, watching more shows, etc.) Companies thought investing the increased revenue in more talent would reap benefits long term. Turns out, that wasn't the case. It just led to the companies being bloated. But in a lot of cases, they were bloated even before the covid hiring sprees. Activision had 13,000 employees this time last year. Nintendo has 7,000. Keep in mind this doesn't include contract or outsourced work, which I guarantee you Activision does a lot more of than Nintendo. Makes you wonder what the hell Activision needs so many people for. They don't even make a console like Nintendo does. It sucks that people are losing their jobs, but in my opinion, a lot of these companies are still bloated even after the layoffs.
i dont believe that for a second.
activision had their hands full with upcoming cod titles and current ones before the merger.
and mobile games ha
Yeah totally. In a year in which everyone's firing developers left and right, Activision *of all companies* was gonna avoid that.
My god.
what are u talking about ?
the merger proceedings went on for more than a year before it was actually over.
before that, there were no major layoffs. and activision was busy making games. not just one mind you.
maybe try and think for second before u comment something.
Imagine thinking that a company like Activision would not partake in this layoff fest. Do you miss Bobby Kotick perchance? 🙄
The only one who's not thinking is you. All the big companies doing layoffs are "busy making games." That doesn't mean they're not laying off people. Take-two announced today that they're gonna have a big cost reduction plan coming (IE: many more layoffs) and they have 52 games in development.
You really can't see past your console wars, can you? 🤨
“Jason and Vince just got fired!” A lead artist shouted, as he rode in on one of the many small kick-push scooters that would typically lay around the studio. He quickly scooted away to some other part of the office space to spread that shocking message.
A friend worked there in production and was miserable due to working with IW and with ATVI. When he complained to his VP about it, he was told...be glad you have a job and are making games.
Sounds about right, but is also sounds like something Infinity Ward would say. They made their own bed and cashed in hard to do it. F em.
That sucks, but that’s corporate America. I mean, they could’ve turned down the money and leave to Respawn too. At least they got something, my corporation would’ve probably expected everyone to go back to normal.
daaaym
"oh we're running ur life? pff get over it, like honestly"
scum
I mean, if my company wants to give me a bonus and raise my salary by 50%, I'd get over whatever the hell they wanted me to. 🤷♂️
Going to be interesting year with this developing news.
*sad airhorn sound*
Never even heard of them.
This will continue the PS4s dominance in the FPS genre as the PlayStation is the home of Call Of Duty and its tournaments.
They brought this on themselves. The format they had was horrible and there game selection was shit. They overlooked and straight up dropped HUNDREDS of titles.