Today
on Headline RePLAY: Law firms are on Zynga’s case, both Valve’s Gabe Newell and
Blizzard’s Rob Pardo are not convinced on Windows 8 and GameStop is looking
into selling used digital content.
In
the wake of news that Zynga insiders cashed out $156 million in stocks four
months before it crashed, multiple law firms have announced that they will be
investigating claims against the company for violating federal securities laws
and breaching fiduciary duty.
The
investigating firms include Schubert Jonckheer & Kolbe, Newman Ferrara,
Johnson & Weaver, Wohl & Fruchter and Levi & Korsinsky.
According
to Kotaku, Schubert Jonckheer & Kolbe is investigating whether Zynga insiders
had insider information when their shares were sold in April while Levi &
Korsinsky is looking into “concerns that Zynga misinterpreted and/or failed to
disclose materially adverse facts about its business and financial condition.”
|Source:
Kotaku
PC industry
veterans like Valve co-founder Gabe Newell and Blizzard executive vice
president of game design Rob Pardo are not so confident with the upcoming
Windows 8 operating system, the former even going as far as calling it a “catastrophe.”
“I
think Windows 8 is a catastrophe for everyone in the PC space,” Newell told All
Things D. “I think we’ll lose some of the top-tier PC/OEMs, who will exit the
market. I think margins will be destroyed for a bunch of people. If that’s
true, then it will be good to have alternatives to hedge against that
eventuality.”
“nice
interview with Gabe Newell,” Pardo agreed on Twitter. “I think Windows 8 is a
catastrophe for everyone in the PC Space*—not awesome for Blizzard either.”
While
no details have been revealed, the criticisms seem to be over the Windows Store
in Windows 8, which could restrict companies’ options in selling their software
directly. According to CVG, Microsoft will take a 30 percent royalty cut per
sale made in this store.
|Source:
CVG, All Things D
Already
well-established in the physical used-game market, GameStop is looking into the
future on how to sell used pre-owned digital games.
“It’s
very interesting,” GameStop CEO Paul Raines told GameSpot. “There are some
technologies out there in Europe, and we’ve looked at a couple that are
involved. We’re interested; it’s not a meaningful business yet.
“Right
now we’re not seeing that as a huge market, but I think we’re on the leading
edge. There are a few companies, a few startups, out there that we’ve talked to
that are doing this.”
Raines
declined to identify which companies are involved with GameStop in this
endeavor, citing concerns over competitors “rushing in.”
|Source:
GameSpot
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