Toys for Kids & Adults

March 16, 2007

Former Take-Two CEO Admits

Filed under: Mind Toys — admin @ 2:00 pm

Former Take-Two CEO Admits his Sins of Backdating
Ryan Brant, the founder and former CEO of Take-Two who resigned in October of last year has pleaded guilty to felony criminal charges for his role in backdating stock options and has settled with the SEC and the NY Country District Attorney’s office….(
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Take-Two enters into settlement discussions over Grand Theft Auto lawsuit
Take-Two Interactive Software Inc. has agreed to enter into settlement discussions with a view to settling the lawsuit accusing Take-Two of selling its popular Grand Theft Auto video game titles – allegedly containing sexually explicit images – under…(
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CANADIAN THOUGHTS ON MOD CHIPS
Dr. Michael Geist, one of Canada’s pre-eminent technology law scholars, has an interesting entry on his blog about mod chips. One of his readers recently received a cease and desist letter from a large Canadian IP firm on behalf of the ESA concerning…(
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CHINA MOVES AGAINST VIRTUAL MONEY
The Chinese government is cracking down on the use of virtual money from online games to buy real-world products. According to a government notice, there must be a “strict differentiation between virtual exchanges and online commerce in material products”…(
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PATENTS AND GAMES
Gamasutra has an interesting article about the US patent regime and how it does more harm than good, especially in high-tech industries such as video gaming. Note that some of the criticisms raised in the article are not fully applicable to other jurisdictions…(
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Microsoft ordered to pay $1.5B in patent-infringement damages to Alcatel-Lucent
The award was made by a federal jury in San Diego who arrived at the figure, says Microsoft, by multiplying Windows sales and average PC sales prices worldwide since May 2003 Lucent, which was acquired by Alcatel in 2005, had filed patent claims against…(
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Take-Two Take Over?
Stay tuned for Take-Two Interactive Software Inc.’s (NASDAQ: TTWO) annual general meeting on March 23rd. A group of investors currently holding 46% of the company may take control of the board, which could be the end of its current CEO’s, Paul Eibeler….(
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The Ceo may have to be looking for a new home.

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