Toys for Kids & Adults

Take-Two Downgraded
Despite Take-Two’s blockbuster hit, the Grand Theft Auto series, Wedbush Morgan (a financial analyst firm), has downgraded Take-Two’s stock to a sell due to poor financial results and hopes for the future. Coverage: http://shorl.com/litretragykere (Gamesindustry)…(read more)

SOFTWARE GLITCH OR SUBLIMINAL MESSAGE?
The CBC recently reported that Ontario Lottery and Gaming pulled 87 slot machines out of service or physically removed them from casinos following a CBC investigation that uncovered flashing “winning” jackpot symbols in Konami’s “ Most Wanted”, “Sergeant…(read more)

WHAT'S THE BIG IDEA?
The UK Court of Appeal recently decided a case involving copyright infringement and video games. Nova Productions Limited had created a computer pool game called "Pocket Money", and claimed that games created by two other companies — "Jackpot Pool" by…(read more)

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….(read more)

VIVENDI, SIERRA, SONY AND HIAWATHA SUED OVER SPYRO
A New York woman has filed suit for unspecified damages in New York Supreme Court claiming that her infant son suffered a “gran mal seizure” (epilepsy) while playing Spyro: Enter the Dragonfly. GameSpot reports that the woman claims that the defendants…(read more)

Sony and Immersion settle differences, enter into business agreement
The announcement comes in the wake of a $91 million judgment in favor of Immersion in its lawsuit over Sony's DualShock controllers, which Immersion claimed violated Immersion's force feedback patent. Sony had appealed the decision. Both companies have…(read more)