hostility

Violent video games and aggression: A cumulative effect?

Video games are the subject of so many studies, not to mention findings. Some suggest cognitive benefits, others behavioral issues that may or may not persist over time.

Many of these studies are small enough to require further investigation, and the journalists reporting on them often confuse correlation (when results happen in tandem) with causation (when one action is shown to result from another).

A new study out of Ohio State University suffers from a small sample size (70 participants), but its findings -- that people who play violent video games for three consecutive days show increases in aggression and hostility … Read more

Electronic Arts extends Take-Two Interactive tender offer deadline

Electronic Arts announced Tuesday it was extending its tender offer for rival game developer Take-Two Interactive Software to July 18, marking its third extension since launching its hostile bid in March.

EA, which is currently offering Take-Two investors $25.74 a share, said nearly 6.14 million shares have been tendered in, representing approximately 8 percent of Take-Two's shares.

In early morning trading, Take-Two's stock hovered at $26.35 per share.

EA's previous deadline for its tender offer was June 16, which came roughly a week after Take-Two reported better than expected quarterly earnings, thanks to its … Read more

Electronic Arts further extends Take-Two tender offer

Electronic Arts announced Monday that it is extending its tender offer for Take-Two Interactive Software to mid-June, marking its third extension in its hostile buyout attempt of its rival game maker.

EA, which, to date, has received commitments from Take-Two investors to tender roughly 6.2 million shares, or 8 percent of the company, has extended its deadline to June 16. Previously, the deadline was set for May 16.

Taking a jab at its rival, Take-Two Chairman Strauss Zelnick issued a statement: "This is the same highly conditional proposal that EA offered Take-Two stockholders on March 13, 2008, which … Read more

Take-Two rejects EA's bid as 'inadequate'

To the surprise of probably no one, Take-Two Interactive Software has rejected Electronic Arts' hostile buyout offer.

In an announcement Wednesday morning, Take-Two said its board of directors and company officers have recommended that shareholders reject EA's bid of $26 a share. The board also said it's developing alternative strategies for possible alliances with third parties, including EA, that would kick in after the April 29 of release of Grand Theft Auto IV.

Take-Two's board noted that "substantive discussions" about possible alliances have yet to occur, although it did emphasize that the company is now … Read more

Short-term investors take aim at EA's offer

The drama surrounding Electronic Arts' attempt to buy Take-Two Interactive is, increasingly, playing out like a combination action-adventure and shooter game.

As noted in a story published Friday in The New York Times, Take-Two has become a moving target not only because of maneuvering by the company's officers but because of changes in its shareholder group.

The offer EA presented on Thursday directly to Take-Two shareholders--$26 per share, or about $2 billion--is essentially the same one it offered the video game publisher in February. But as the Times story points out, Take-Two's shareholder population has in … Read more

Is political correctness screwing up the workplace?

In 1964 congress passed the Civil Rights Act. Three years later came the Age Discrimination in Employment Act (ADEA), followed by the Americans with Disabilities Act of 1990. This litany of legislation proves that politicians can actually get things done when they put their minds to it, all recent evidence to the contrary.

As an engineering manager for Texas Instruments in the mid-80s, I was careful about discrimination. Then I got a memo explaining that sexual harassment would not be tolerated. I was terrified until I realized the memo went out to all employees. Whew, that was a relief. I wish the memo proves that executives care about their employees, but I think it was more about avoiding litigation. And my relief was all about keeping my job.

Regardless of how or why any of this stuff happens, it's exactly the kind of thing that distinguishes our nation. We've made great strides toward putting an end to job discrimination and sexual harassment. But lately, something seems to have gone terribly wrong.… Read more