Posts Tagged ‘said’

“Minecraft” Makers Said To Be In Talks To Sell To Microsoft For More Than $2 Billion

The Swedish company Mojang hasn’t just built a hit game, they’ve built a hugely valuable culture.

Chuck Berman/Chicago Tribune / MCT

Mojang, the makers of Minecraft, are in talks to be acquired by Microsoft for more than $ 2 billion, according to a report by the Wall Street Journal.

The acquisition would be the largest to date for Microsoft's new CEO Satya Nadella, who took over the company earlier this year and quickly began shifting its direction. For example, under Nadella Microsoft released its Microsoft Office products on the iPhone and Android, a move it had been resistant to doing during the tenure of previous CEO Steve Ballmer.

Mojang, based in Sweden, is best known for Minecraft — a sort of set of virtual Legos. The head of the company is Markus Persson, one of the most notable game designers in the world. Since the release of Minecraft, more than 16.5 million people have purchased the game on Mac and PC, not including versions for mobile devices or the Xbox 360. In 2013, the company reportedly made $ 128 million in earnings off roughly $ 291 million in revenue, according to earlier documents reviewed by the Journal. In 2012, the company made around $ 90 million in earnings off roughly $ 235 million in revenue.

The value of Mojang, beyond just the game Minecraft, has also been attributed to the culture and brand that has sprung up around the game. YouTube is home to a whole subculture of people who post videos of Minecraft creations, along with people dressing up as Minecraft characters for conventions. Still, some questions do remain around the staying power of Mojang as a video game company, which despite the popularity of Minecraft hasn't followed up with a hit game. Persson, more commonly known by his online handle Notch, was most recently working on a game called 0x10c, but had shelved that as of last year.

Seen as a genuine phenomenon, the company has established a surprisingly large audience among younger players, and Minecraft has established significant staying power despite being more than a decade old. This isn't the first time Mojang has been an acquisition target. Around 2012, they had been the subject of a few discussions in the $ 1 billion range, according to two people familiar with the situation, though it's not clear how far those discussions ever progressed.

A spokesperson for Microsoft declined to comment.

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US officials say monkey selfies can’t be copyrighted (because it had to be said)

Here’s a friendly tip for all wildlife photographers out there: don’t let mischievous monkeys (and other jungle animals) push the shutter button in your stead. The U.S. Copyright Office just released a new public draft of its compendium of practices,…

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Apple’s iPhone Event Said To Be Happening Sept. 9

Apple Moscone Apple is said to be preparing for a September 9 iPhone event this year, at which we’ll likely see the next generation iPhone devices, according to Re/Code’s John Paczkowski. The date would be in keeping with past iPhone launches, and early reports suggest we’ll see the company reveal larger-screened iPhone devices on that day. Typically, Apple holds its event and then… Read More

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Apple’s iPhone Event Said To Be Happening Sept. 9

Apple Moscone Apple is said to be preparing for a September 9 iPhone event this year, at which we’ll likely see the next generation iPhone devices, according to Re/Code’s John Paczkowski. The date would be in keeping with past iPhone launches, and early reports suggest we’ll see the company reveal larger-screened iPhone devices on that day. Typically, Apple holds its event and then… Read More

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Apple’s iPhone Event Said To Be Happening Sept. 9

Apple Moscone Apple is said to be preparing for a September 9 iPhone event this year, at which we’ll likely see the next generation iPhone devices, according to Re/Code’s John Paczkowski. The date would be in keeping with past iPhone launches, and early reports suggest we’ll see the company reveal larger-screened iPhone devices on that day. Typically, Apple holds its event and then… Read More

Related Posts:

Apple’s iPhone Event Said To Be Happening Sept. 9

Apple Moscone Apple is said to be preparing for a September 9 iPhone event this year, at which we’ll likely see the next generation iPhone devices, according to Re/Code’s John Paczkowski. The date would be in keeping with past iPhone launches, and early reports suggest we’ll see the company reveal larger-screened iPhone devices on that day. Typically, Apple holds its event and then… Read More

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An MSNBC Host Said That The People Who Make “Call Of Duty” Are As Evil As A Drug Trafficking Dictator

Here’s an argument no one asked for!

Manuel Noriega, the disgraced and imprisoned former ruler of Panama, is suing Activision, which publishes the Call of Duty franchise, for using his likeness in one of their games. He is currently serving 20 years in a Panamanian prison for drug trafficking, racketeering, and money laundering. He was also convicted by a Panamanian court of ordering the murder of political opponents.

And according to MSNBC noise hole Mika Brzezinski, it's unclear who is “more reprehensible”, the people who make CoD, or the murderous military dictator.

Nice.

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An MSNBC Host Said That The People Who Make “Call Of Duty” Are As Evil As A Drug Trafficking Dictator

Here’s an argument no one asked for!

Manuel Noriega, the disgraced and imprisoned former ruler of Panama, is suing Activision, which publishes the Call of Duty franchise, for using his likeness in one of their games. He is currently serving 20 years in a Panamanian prison for drug trafficking, racketeering, and money laundering. He was also convicted by a Panamanian court of ordering the murder of political opponents.

And according to MSNBC noise hole Mika Brzezinski, it's unclear who is “more reprehensible”, the people who make CoD, or the murderous military dictator.

Nice.

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Google Said To Be Planning Android TV Launch At I/O In June

android-tv Google has long been rumored to replace Google TV with Android TV, a new crack at the home media market with more roots in its mobile OS and less of a separate focus, but a new report from GigaOM today suggests we’ll see it very soon; in fact, it’s apparently set to make its debut at the I/O developer conference taking place at the end of this month. The Android TV platform… Read More

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Apple Said To Be Prepping Smart Home Software Platform For WWDC Reveal

newbattle Apple is going to make a big play in the connected smart home space, according to a new report from the Financial Times. The company is planning a platform that would turn its iOS devices, including the iPhone, to control their smart home devices, doing things like controlling lights, security systems and connected appliances. This platform would be built into the iPhone, centralizing… Read More

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