The staff reductions are part of a major pivot away from console games and toward "digital games, centered around smartphone and PC online gaming, as a growth area," as Sega put it. Sega has adapted a number of its popular franchises for mobile platforms in recent months, including Super Monkey Ball, Crazy Taxi, and a pair of Sonic titles. … [Read more...] about Sega cuts hundreds of jobs in PC/mobile-focused restructuring
In a statement provided to Game Informer, Konami noted that it expanded to the New York Stock Exchange in 2002 "mainly to diversify its opportunities for fund-raising and to raise the visibility of the Konami brand." Since then, Japanese stocks have been opened to foreign investors, and updates to Japanese accounting standards have put the country more in line with those in the US, Konami said. Overall, less than 0.3 percent of the company's total international trading takes place in the US—the vast majority of the rest goes through Tokyo—meaning the New York listing is "not economically justified," according to the company. … [Read more...] about Konami delists itself from the New York Stock Exchange
He went some way to achieving that goal of providing general access to human knowledge. In 1856, after 20 years of labor as Keeper of Printed Books, he had helped boost the British Museum's collection to over half a million books, making it the largest library in the world at the time. But there was a serious problem: to enjoy the benefits of those volumes, visitors needed to go to the British Museum in London. … [Read more...] about Open access: All human knowledge is there—so why can’t everybody access it?
"But what I've discovered in the last few months and now the courts have established, is it's actually illegal. In other words, the government didn't have the power to just rely on a computer program without checking it before they sent the letter of demand out to vulnerable Australians." … [Read more...] about Services Australia spent AU$130m on contractors chasing robo-debts
The company had hoped that Lee Sang-hoon’s appointment two years ago would increase transparency at the company by splitting the board chairman and chief executive roles in the wake of Lee Jae-yong’s corruption scandal, Reuters notes. Despite the changes, Samsung seems to be struggling to move on from its scandalous past, which you can read all about in our explainer from 2017. … [Read more...] about Samsung Electronics board chairman resigns after being jailed for union sabotage