Tag - Greenlight
Troubled indie game Towns has met its end a second time, as its latest developer Florian Frankenberger announced his departure from the project, citing compensation concerns. Frankenberger had taken over the project from SMP after former developer Xani Canal gave notice that he was ending development in February.
In Greenlight Capital Investor's quarterly earnings conference call, Chairman David Einhorn revealed that he has grown his stake in the company. The move was made in reaction to Apple's announcement of the $100 billion share repurchase, and record-breaking dividend program which he called "a major step forward" for the Cupertino manufacturer.
Greenlight Capital has withdrawn its lawsuit against Apple over a proxy proposal that was meant to be voted on at this week's shareholders' meeting, says AllThingsD. Before the meeting Greenlight had managed to secure an injunction against the vote from a federal judge. Regarding the withdrawal, a Greenlight spokesman explains that the company managed to achieve its aims with the lawsuit. "Apple removed the bundled proposal from the shareholder meeting therefore resolving the issue."
[Update: Apple pulls measure, issues statement] US District Judge Richard Sullivan has ruled in favor of Greenlight Capital, and issued an injunction against an Apple shareholder vote on issuing preferred stock, Reuters reports. The proposal was to have been brought up at Apple's annual shareholder meeting on February 27. Greenlight is pursuing a lawsuit against Apple in the belief that if passed, the measure would prevent a preferred stock plan it wants from being considered.
Apple CEO Tim Cook addressed a number of topics at today's Goldman Sachs Technology and Internet Conference, including the lawsuit brought against it by Greenlight Capital. Cook called the matter a "silly sideshow," and insisted that the proxy proposal is about "corporate governance," not whether or not Apple should funnel more money to shareholders. He suggested, in fact, that the proposal is better for shareholders, since it means they get a say on preferred stock issuances.
Judge Richard Sullivan of the US Court for the Southern District of New York has approved a request by both Apple and Greenlight Capital to speed up lawsuit proceedings, says the Wall Street Journal. Apple is hoping to file a formal response by the end of Wednesday, and Greenlight will reply by Friday. The two parties are hoping for a hearing early next week.
Valve Software has opened its crowd-sourced product release scheme. Steam Greenlight will allow game creators to list their titles on the service and allow users to vote for which they wish to see put onto the service in the future, effectively taking a significant amount of product vetting work off the Valve employees. Large game publishers will still be able to add their titles to the system though existing procedures.
North Carolina's House of Representatives today said it has sent a controversial bill that would have restricted municipal broadband to a study committee. The move effectively shelves the bill for at least a year and comes after those opposing it put pressure on the House to reevaluate the measure, which would have banned cities from taking advantage of any Obama administration broadband stimulus money while still letting private carriers take advantage of the funds themselves. It would have also in many cases made it difficult for such services to continue.
Now AAPL Stock: 100.35 ( -0.06 )
Trade-up program expands in Europe
Smartphone users in France, Italy, and Spain will have until at least August of this year to trade in old iPhone, Windows Phone, or Android models at Apple Stores, and put the reward towards a new iPhone -- thanks to an expansion of Apple's trade-in program into those countries. The money given for the trade-in must be applied towards a new iPhone on a two-year payment plane, and traders must qualify under a credit check as part of the program. Interested customers can apply for the trade-in at their nearest Apple Store. http://bit.ly/1qPsldD
NBCUniversal adds Bravo, Syfy, E! to Apple TV
NBCUniversal has launched three new apps channels for Apple TV users. Bravo Now, Syfy Now and E! Now brings users access full seasons of current and past episodes of most of NBCUniversal's catalog. The Bravo Now app includes shows like "The Real Housewives of New York Cit," "Below Deck Mediterranean," comedy "Odd Mom Out" and "Top Chef." The Syfy Now app offers up shows like "The Magicians," thriller "12 Monkeys" and the reality show "Face Off." The E! Now app serves up shows like "Keeping Up with the Kardashians," "Botched," "#RichKids of Beverly Hills," Caitlyn Jenner's "I Am Cait," and "WAGS." While some content is free, most content requires users to authenticate via their cable satellite or telco TV provider. http://bit.ly/20K4Pea
Apple rolls out Arabic version of Apple.com
Apple has rolled out a new version of its Apple.com website for Arabic language users in the United Arab Emirates. The site utilizes a right-to-left reading format where it has been updated, although the upgrade is still in progress with a number of page links still in the original English language left-to-right format. Of particular note is that the site debuts an all-new custom Arabic font created by the Tarek Atrissi Design agency, giving it a highly contemporary look and feel. The new support for Arabic on its host website follows the introduction of full support for right-to-left languages in iOS 9, and the addition of Arabic support to Siri late last year. http://apple.co/20JHGIM
Adobe previews Photoshop content-aware crop
Adobe has previewed a new 'content-aware crop' feature from the next version of its Photoshop CC. The new feature is similar to its 'content-aware fill' from the current version of Photoshop CC, and potentially saves users time when cropping photos in a way that might otherwise leave blank white space in the frame. Adobe's 'content-aware' tech automatically assesses the blank space and seamlessly fills the blank space with the nearest related content in the space when a photo is expanded or rotated without the need to manually clone that part of the image. The feature allows users to move a horizon by adding more sky or ground, change the aspect ratio by adding content around the edges of the image and fill in the corners of an image when rotated during a crop. Adobe says the feature is coming soon and will be automatically available to Creative Cloud subscribers. http://adobe.ly/20JDFEu
Markzware updates Q2ID for QuarkXPress 12 files
Graphic design file conversion tool maker Markzware has launched a new version of its Q2ID tool. The InDesign plugin enables users to open QuarkXPress files within a new InDesign (INDD) document, without rebuilding the QXP document from scratch -- the new version includes support for QuarkXPress 12 files. Q2ID Subscription members can download the new version as part of their annual plan. A single-user can purchase the plugin for $200, with other licensing options available. http://bit.ly/1Z4dS9t
PopChar X 7.5 arrives
Ergonis Software has released PopChar X 7.5, an improved version of the company's tool for finding and inserting special characters and exploring fonts. PopChar X 7.5 adds support for combined emojis in the Apple Color Emoji font, enhances the "Font Info" view, and adds many further enhancements that improve overall speed and stability. PopChar X 7.5 retails for €30 ($34), and is free for anyone who owns a license for PopChar X 7 or purchased a license for PopChar X 6 on or after March 1, 2014 [4.5MB]
Safari Technology Preview release 5 arrives