Something from Gamasutra:
Nintendo DS Name Leaked?
[quote]According to the personal weblog of Martijn van der Meulen, product manager for EA Holland, the Nintendo developer site is now referring to the Nintendo DS portable as the “Nitro”.
"Nintendo has had a website for several years, for the people who develop games for their systems," explains van der Meulen. "On this website, and on the part where I don't need to log in for, the name Nitro is being communicated. The Nitro? I can't say too much about it (NDAs) but I’m sure it's pretty obvious now for some people."[quote]
Other headlines of interest:
Redstone Increases Midway Stake
As some of you may know, Midway is currently working on an Area 51 first person shooter for the PS2, which is said to be very impressive with bump mapping and a stable framerate at 30 FPS (locked) on that system (60 on the XBox).Viacom CEO Sumner Redstone has increased his stake in Midway to over 40%. Redstone now owns an estimated $22.8 million shares in the company and has been a loyal supporter of the company despite its recent troubles. This latest investment no doubt arose after the company recently secured a new loan and revolving credit facility.
Jason Rubin To Leave Naughty Dog
Activision Faces Insider Trading Class ActionJason Rubin has announced that this Christmas’ Jak III will be the last game that he works on at developer Naughty Dog, which is owned by Sony. Rubin’s decision comes only days after he gave a controversial speech at the DICE Summit, where he called upon developers to unite as a community and criticized publishers for failing to promote talent.
"The speech was directed at the industry in general, not one company," explains Rubin. "But in the future, in order to realize the goals I outlined in my talk, I need to expand my reach outside of Naughty Dog’s parameters."
A number of key Activision executives have been named as defendants in a class action lawsuit by a group of the company’s shareholders, who claim that false statements were issued in order to facilitate insider trading.
According to the claims made by the lawsuit, Activision executives issued false and misleading statements about the company's financial position and future prospects, thus causing the share price to rise and allowing them to sell their own personal stocks in the company at a large profit.
The document alleges that the named defendants - including CEO Robert Kotick, CFO William Chardavoyne and publishing president and CEO Ron Doornink - made around $483 million between them.