equity

Endpoint quartet sign two-year extensions, become “legacy members”

MiGHTYMAX, Joey "⁠CRUC1AL⁠" Steusel, Kia "⁠Surreal⁠" Man, and Thomas "⁠Thomas⁠" Utting have re-signed with Endpoint, extending their contracts with the team for two more years. Alongside that, the four players have also earned "legacy member" status, which the organization hopes will help with player retention. Ross "⁠RossR⁠" Rooney, the former coach who has now been promoted to the General Manager role, explained how the legacy status will work: "Players that are stalwarts for the organization, that have been here for a certain defined period, have the opportunity to, in essence,

Activision Blizzard workers will stage a walkout after ‘abhorrent’ response to harassment suit

One of the world’s biggest video game companies is reeling after a state discrimination and sexual harassment suit kicked off a firestorm of controversy within the company. California’s Department of Fair Employment and Housing sued Activision Blizzard last week, alleging that the company fostered a “breeding ground for harassment and discrimination against women.” Following a combative response to the lawsuit from corporate leadership, a group of employees at Blizzard will stage a walkout, which is planned for Wednesday at 10 a.m. PDT. Most employees at Blizzard continue to work remotely,

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.”

EA Making ‘Substantial Changes’ to Executive Pay

Top GamesEA CEO Andrew Wilson. / Christian Petersen/Getty ImagesElectronic Arts says it will make "substantial changes" to executive pay after shareholders provided negative feedback about the company's current practices, per a regulatory filing ahead of a say-on-pay vote scheduled for August.Although the vote will be purely advisory — it wouldn't change compensation directly — EA has decided to incorporate the criticism in its new pay package. In May, the company's board approached a 2022 annual equity award for CEO Andrew Wilson of $18 million, at least 60% of which is performance-based. His

The Biggest Winner from E3 2021 Is…

This year's E3 wasn't one of most exciting in living memory, but it had its moments. / Photo courtesy of E3Kind of a sleepy E3, huh? After so many years as the most show-stopping event in the gaming calendar, with a pedigree of major announcements nearly as long as the industry is old, E3's time at the top may be coming to a close. But that doesn't mean this year's all-digital conference was devoid of excitement.A few companies in particular stepped up to bring the heat on the announcements front.

Sanlo raises $3.5M to help apps and games gain access to financial insights and capital

Having a great idea for an app or game is one thing, but scaling it to become a successful business is quite another. A new fintech startup called Sanlo aims to help. The company, which is today announcing an oversubscribed $3.5 million seed round, offers small to medium-sized game and app companies access to tools to manage their finances and capital to fuel their growth. To be clear, Sanlo is not an investor that’s taking an equity stake in the apps and games it finances. Instead, it’s offering businesses access

Unity, Sony, IEEE to take the stage at the VR/AR Global Summit ONLINE…

This summit will bring together some of the world’s greatest designers, hardware manufactures, software developers, marketers, end users and entrepreneurs to share ideas, best practices, network, and get business done,” says Nathan Pettyjohn, President of the VR/AR Association. PALO ALTO, Calif. (PRWEB) May 10, 2021 After organizing the virtual VR/AR Global Summits in 2020, the largest global ecosystem of VR/AR companies, brands, and professionals is going virtual again. The theme of the summit is “The Time is Now,” and it will feature thought-leaders and creatives from around the globe in