Essentially–although AOL is located in New York and not California–it’s going to be like tremors before the Big One at the online company today as about 100 employees are set to be laid off by management.

It is part of AOL CEO Tim Armstrong’s “Project Everest”–the code name for cost-cutting across the company. After this small cut, there could be a call for voluntary departures, followed by a much more drastic layoff.

The action comes in the same timeframe as the online site’s spinoff from Time Warner.

Read More »

Who said the venture capital industry is sucking wind lately?

Well, it is–but not today and, especially, not Accel Partners, which sold two of its portfolio start-ups to large public companies for a total of $1.5 billion.

That would be the sale of AdMob to search behemoth Google for $750 million in stock, and the acquisition of Playfish by gaming giant Electronic Arts for about $300 million.

While Accel is not getting all that dough, it’s not a bad haul for the day.

Read More »

Former Yahoo COO and current Quadrangle Group partner Dan Rosensweig will take over as CEO and president of Activision Blizzard’s powerful Guitar Hero franchise, according to sources close to the situation.

Rosensweig will run the hot gaming company’s division, located in Silicon Valley, for Activision head Bobby Kotick.

The pair know each other well, since Kotick served on Yahoo’s board for many years when Rosensweig was a key exec there. He’s also just the kind of consumer Web exec that Kotick has been looking for to turbocharge the largely retail Guitar Hero business online.

Read More »

We’re posting all the interviews from the sixth D: All Things Digital conference that took place in late May.

Here’s an interview I did with Activision Chairman and CEO Bobby Kotick about the state of the gaming business.

It’s a good week to focus on the gaming industry since Electronic Arts abandoned its hostile acquisition bid for Take-Two Interactive over the weekend.

The move was–in part–in answer to Activision’s recent merger with Vivendi Games, which includes Blizzard Entertainment’s World of Warcraft, one the most popular multi-player games. This has made Activision one of the gaming industry’s largest companies, due to some of its well-known franchises, especially its hugely popular Guitar Hero, which debuted version IV at D6.

In this third video, Kotick publicly demos “Guitar Hero IV” for the first time, with the help of special guest stars Paula Abdul of “American Idol” and skateboarding star Tony Hawk.

Read More »

We’re posting all the interviews from the sixth D: All Things Digital conference that took place in late May.

Here’s an interview I did with Activision Chairman and CEO Bobby Kotick about the state of the gaming business.

It’s a good week to focus on the gaming industry since Electronic Arts abandoned its hostile acquisition bid for Take-Two Interactive over the weekend.

The move was–in part–in answer to Activision’s recent merger with Vivendi Games, which includes Blizzard Entertainment’s World of Warcraft, one the most popular multi-player games. This has made Activision one of the gaming industry’s largest companies, due to some of its well-known franchises, especially its hugely popular Guitar Hero, which debuted version IV at D6.

Read More »

Apparently, rumors of Scrabulous’s demise have been greatly exaggerated.

So far.
Although the popular Facebook widget was supposed to be taken down two weeks ago and then last week–pretty much because it obviously infringed on the rights of the owners of the popular word game Scrabble–it is still up and working on the service and allowing new [...]

Read More »

Former New Yorker and now Los Angeleno Bobby Kotick is a very funny guy, always cracking wise about everything from politicians to art to his skills as a parent.
During an interview yesterday, he even got a few good ones off about the funny foibles of Activision, the gaming company he runs, even though it has [...]

Read More »

Here’s two interesting WSJ Online videos about the fast-changing video games industry.
This one is about the recent hookup between Vivendi and Activision, in a big deal that has shaken up the scene:

And this one is an interview with Electronic Arts’ John Riccitiello by WSJ’s Nick Wingfield:

Read More »