business
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Mighty Kingdom Shareholders Have Rejected Shane Yeend’s Takeover Attempt
Shareholders of South Australian developer-publisher Mighty Kingdom have rejected an attempt by Shane Yeend to roll the company’s board.
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Microsoft Workers In The US Form Video Game Industry’s Largest Union
Microsoft’s first labour union in the U.S. was formed by a group of video game testers who work for the company’s subsidiary, ZeniMax Studios. The subsidiary consists of about 300 workers with the majority voting to join the union, making it the largest union in the video game industry in the U.S., according to the…
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Let’s Put EA CEO’s $AU28 Million Payout In Context
The CEO of Madden maker Electronic Arts is set to rake in $US19.8 ($27) million in total compensation for his company’s strong performance in 2021. That’s about half of what it was for 2020 after EA’s Board of Directors cracked down on exorbitant bonuses in the face of shareholder backlash, but still several hundred times…
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In Japan, Sega Just Asked 650 Employees To Retire Voluntarily
As Sega Sammy announced it’s selling off its arcade business, the Tokyo-based game company also announced that it is asking 650 employees to retire voluntarily. With covid-19 impacting business, Sega is expecting what it calls “an extraordinary loss” during the current financial year.