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Krafton settles with Subnautica 2 developer after drawn-out dispute over $250 million

After a lengthy legal dispute, Krafton has settled with its subsidiary Unknown Worlds Entertainment, which is developing Subnautica 2, and will pay bonuses to the studio’s staff, Bloomberg reports. The dispute began last year after Krafton pushed out Unknown Worlds’ cofounders, Charlie Cleveland and Max McGuire, and its CEO, Ted Gill, ahead of a potential […]

Cameras, Gadgets, News, Tech, Tech News

Fujifilm launches two new QuickSnap cameras because Gen Z can’t get enough

Fujifilm is expanding its QuickSnap lineup with a new disposable camera focused on taking monochrome photos and another built to survive harsh outdoor environments. The $22.90 QuickSnap Black and White and the $24.75 QuickSnap Active are expected to launch sometime later this fall, to the delight of Gen Z snappers driving the current resurgence in […]

Business, News, Policy, Politics, Regulation, Tech, Tech News

Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart

Getty is planning to axe its $3.7 billion merger agreement with Shutterstock after a UK regulator imposed restrictions that would prevent part of Shutterstock’s business from being included in the deal. The move comes despite the US Department of Justice granting the deal “unconditional antitrust clearance” in February. In an SEC filing published on Tuesday […]

Amazon, News, Policy, Tech, Tech News

Amazon fined $2.25 million for failing to help identity theft victims

The Federal Trade Commission fined Amazon $2.25 million to settle claims that the company failed to help customers who fell victim to identity theft, as reported earlier by Bloomberg. In its complaint, the FTC accuses Amazon of refusing to provide customers with information about purchases made with fraudulent accounts, in violation of the Fair Credit […]

Entertainment, Gaming, News, Tech, Tech News

007 First Light’s developer lays off staff but claims its next franchise will continue

IO Interactive, the studio behind the Hitman series and 007 First Light, announced that it is laying off staff after a relationship with an “external partner” on its next big franchise, Project Fantasy, “has come to an end.” IO has described Project Fantasy as an “online fantasy RPG”, and Kotaku and Bloomberg report that Microsoft, […]

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