233w ago - Take Two's court documents have been aired in public, giving a better view of what is happening behind the scenes at Duke Nukem Forever HQ.
Right now, Take Two wants 3D realms to cooperate so it can complete the Xbox 360 version, recover the $12 million invested and block any leaks of the code and artwork.
To quote: The court document claims: "Upon information and belief, Apogee has title to a substantial amount of funds deposited in an off-shore account, which Take-Two believes Apogee can use to fund its outstanding obligations."
Now Take-Two essentially wants to compel Apogee / 3D Realms to cooperate with the publisher so that it can complete the Xbox 360 version, as well as recovering the alleged $12m it has invested (looks like that's the original $2.9m invested, plus interest) and to block former members of the Duke Nukem Forever from leaking any more of the game's existing code and artwork.
We expect some fairly dramatic scenes when this case makes it to court. There's even the possibility that Duke Nukem Forever could still see the light of day, but we're...
249w ago - Howard Stringer, Chief Executive Officer of the Sony Corporation, just received a promotion. He is now going to be taking over as President of the main electronics business, as the former holder of that position, Ryoji Chubachi, will become Vice Chairman in charge of product safety, quality and environmental issues.
From Bloomberg: "The Japanese can't take decisive actions toward their comrades during hardship," said Yuuki Sakurai, general manager of financial and investment planning at Tokyo-based Fukoku Mutual Life Insurance Co., which manages $54 billion in assets.
"As a non-Japanese without such loyalties, Stringer is better positioned to conduct the large-scale restructuring that Sony has to do."
It is hoped that the reassignment of the 32-year Sony veteran Chubachi will help clear the way for Stringer to reorganize the company amidst losses, cutbacks, and global recession.
Press Release: Tokyo, February 27, 2009 - Sony Corporation ("Sony" or the "Company") today announced a major reorganization and a new management team. The changes, effective April 1, 2009, will fundamentally reorganize the company's electronics and game businesses to improve profitability and...
260w ago - Sony launched its Home virtual world for the PlayStation 3 today, opening up its beta test to all 16 million PS3 owners. We've tested Home in a closed beta so far, but now we will find out if it is ready for millions of people.
Jack Buser is the director of Home for the U.S. market. We talked with him by phone yesterday about Sony's plans for expanding the world and what's there now. [FYI: At the moment, I'm having trouble logging into Home; apparently, it's crowded]
VentureBeat: You took more than 18 months. That's a long time. What was the hard part? Jack Buser: Something like Home has never been done before. It's a massive undertaking. When you deal as a platform like this, you're blazing new paths with technology and business. There was a lot of heavy lifting. Now we're rolling it out and it's something that can't be experienced anywhere else.
It's not a game. With a game, you create it, launch it and you're done. Home is a platform. A lot of the things will be created by third-party partners. You'll see a lot of people beyond Sony. We had to do all of those application programming interfaces so they could do that.
VB: Can you bring us up to date on who is ready with or preparing content for Home? JB: Some things we...