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Stories about: trouble


CFO Is Leaving Electronic Arts

Even as big game companies ride a wave of unprecedented sales and expansion, there are bound to be discontents. Warren Jenson, who has been Chief Financial Officer at giant Electronic Arts since 2002, has recently announced his intention of parting ways with his employer. No clear and official reason was offered for ...

24 March 2008
19:06 GMT

Midway Might Be in Big Trouble

A few weeks ago, Midway presented its financial results for the year of 2007 and the financial projections for 2008. The results themselves were very troubling for the Midway shareholders. Revenue from sales went down by more than 10 million dollars, while losses went up to $97.4 million, compared to 2006's numb...

21 March 2008
18:06 GMT

Tabula Rasa Loses Around 100 Million?

Tabula Rasa is still going strong despite the rumors the MMOG is in so much financial trouble that its developer NCsoft has no other option but to shut it down and disband the Austin studio that created the game. NCsoft has hit back and described the news as wildly inaccurate and in no way based upon facts, going so ...

20 February 2008
13:46 GMT

The Playstation Sets a Building on Fire - Does Sony Have Bad Karma?

We've heard about overheating issues before, but this seems to go beyond the general phenomenon, as a Playstation console has just set on fire an apartment complex. This is not our lucky guess, but the firefighters' statement and it turns out that the Xbox 360 is not the only console causing trouble.Well, ...

11 September 2007
03:15 GMT


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