Bloomberg

China roundup: Games are opium, algorithms need scrutiny

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The question for the tech news cycle in China these days has become: Who is Beijing’s next target? Regulatory clampdowns are common in China’s tech industry but the breadth of the recent moves has been unprecedented. No major tech giant is exempted and everyone is being attacked from a slightly different angle, but Beijing’s message is clear: Tech businesses are to

Report: Activision Blizzard employees to strike on July 28 outside Blizzard HQ in response to handling of sexual harassment lawsuit

In the wake of a massive sexual discrimination and harassment lawsuit directed toward Activision Blizzard, employees have called for a walkout tomorrow in protest of how the company has attempted to handle the situation. Last week, the California Department of Fair Employment and Housing filed a suit against Activision Blizzard following a two-year investigation into alleged sexual harassment and discrimination going on at the company. The internal and external response from Activision Blizzard to the lawsuit has been one of denial, calling the claims in the lawsuit “false and distorted.”

Activision Blizzard Employees Reportedly Plan Walkout After Discrimination Lawsuit

Blizzard employees will walk out of work on Wednesday. / SOPA Images/Getty ImagesEmployees at Activision Blizzard are planning a walkout Wednesday to protest the company's response to a lawsuit about its alleged history of sexism and demanding more equitable treatment for staff, Bloomberg reported.The California Department of Fair Employment and Housing sued Activision Blizzard last week after investigating what it found to be a culture of sexism and discrimination in which women were allegedly sexually harassed, assaulted, underpaid and retaliated against.BREAKING: Activision Blizzard employees will strike tomorrow outside Blizzard's campus

Activision Blizzard Sued Over Alleged ‘Frat Boy’ Culture, Harassment

Activision Blizzard is currently being sued by the Calif. Department of Fair Employment and Housing (DFEH) over allegations of a "frat boy workplace." / Activision BlizzardThe California Department of Fair Employment and Housing sued Activision Blizzard Tuesday over allegations of a "pervasive frat boy workplace culture," the result of a two-year investigation.The lawsuit was filed Tuesday in the Superior Court of Calif. as well as Los Angeles County court.It alleges the company is at fault for several workplace fairness violations including unequal pay, unequal opportunities, and harassment against female employees.

Nintendo Denies the Switch OLED Is More Profitable, New Model Rumors

[embedded content] Nintendo’s latest model of the Switch, the OLED model, got a relatively tame response from the gaming industry and fans. It was overshadowed by the specter of a hypothetical console, the Switch Pro, that would have been more powerful but for which there had always been tentative evidence. It appears Nintendo is trying to both head off potential speculation about another Switch Pro, as well as shut down rumors about the Switch OLED’s price point. A recent Bloomberg report claimed that Nintendo’s new Switch OLED model cost about

What Going On With the Switch Pro?

So much was said about the vaunted, fabled Switch Pro – a mid-life update for the Switch that would modernize the tech thoroughly, and allow the platform to remain competitive on a hardware level with everything else for a few more years while Nintendo worked away on the Switch 2. There were reports, leaks, discussions on the pricing and the presumed hardware capabilities, and what that might indicate for how Nintendo approaches hardware going forward, and even discussion on third party support for this thing.  So, where did it all

Netflix Reportedly to Offer Video Games, Hires Ex-EA Exec

Top GamesNetflix has reportedly begun an expansion into video game development. / Photo courtesy of NetflixNetflix has hired a former Electronic Arts and Zynga executive, Mike Verdu, to lead the company's push into video games, per a report from Bloomberg.Verdu will take on the role of vice president of game development, reporting directly to Netflix's chief operating officer, Greg Peters, per Netflix. He was previously a Facebook vice president in charge of bringing games and other software to Oculus platforms.Netflix plans to offer its first games through its streaming platform

Nintendo reportedly using Switch OLED model to test markets, improve profit margins

The new Nintendo Switch OLED model is going to add some nice, albeit small, changes to the popular hybrid console when it launches on Oct. 8. And in a new report from Bloomberg, it appears this was done as a way to improve the company’s profit margins and test a new part of an existing market.  Nintendo tends to release updated hardware at similar price points to the older models, while reducing the original’s cost slightly to show it is no longer the optimal version. This has happened with multiple