Take-Two gets slapped like a disobedient woman
Take-Two Games got warned by the FTC to "watch their step". This coming shortly before Take-Two announced that they are $50 million in the hole last quarter and are scrounging for footings during this slump.
To make this worse, investors also began pulling out of the company faster than a 16 year old catholic boy too afraid to buy condoms, causing their stock to drop 10%.
Regulators also slapped them with this new ruling, saying that they are responsible for disclosing any information on "hidden" "features" of a game before it launches, else they could be subject to paying $11,000 per cart sold. Had this been in place prior to them launching Oblivion (which has recently "found" a naked hack for the models) Take-Two would theoretically be on the line for about $2 billion in charges.
Ok, so first off, I'm firmly against censorship, and that's basically what this is. It's a governmental group of individuals making a company a scapegoat which is nothing new. (see: Howard Stern)
Secondly, holding a company responsible for hackers is completely asinine, that's like holding Head and Shoulders responsible for me ejaculating in the shampoo bottles at the supermarket. I'm guessing they didn't have any intention of delivering shampoo filled with semen, but feh, maybe they did, and maybe the FTC should charge them for it.
\\drew
To make this worse, investors also began pulling out of the company faster than a 16 year old catholic boy too afraid to buy condoms, causing their stock to drop 10%.
Regulators also slapped them with this new ruling, saying that they are responsible for disclosing any information on "hidden" "features" of a game before it launches, else they could be subject to paying $11,000 per cart sold. Had this been in place prior to them launching Oblivion (which has recently "found" a naked hack for the models) Take-Two would theoretically be on the line for about $2 billion in charges.
Ok, so first off, I'm firmly against censorship, and that's basically what this is. It's a governmental group of individuals making a company a scapegoat which is nothing new. (see: Howard Stern)
Secondly, holding a company responsible for hackers is completely asinine, that's like holding Head and Shoulders responsible for me ejaculating in the shampoo bottles at the supermarket. I'm guessing they didn't have any intention of delivering shampoo filled with semen, but feh, maybe they did, and maybe the FTC should charge them for it.
\\drew
posted by Drew at 9:27 AM
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