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☆ Netflix is the dominant streaming service. So why is it changing its model?
▼ + stars: | 2024-04-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

CNN —Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling. But much of the company’s past growth and success, analysts say, has come from its old, well-established business model. In recent months, Netflix has made moves to expand and even radically reinvent that business. Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but that paid off. Netflix’s reinventionFor Netflix, last month’s Oscars were a disappointment: Though the streaming service led its rivals in nominations, it took home just one award, for best live-action short film.

Persons: Peacock, ”, Ross Benes, ” Alicia Reese, “, Greg Peters, ” Reese, Reese, Robert Falconer, Amy Reinhard, “ I’m, Peters, We’ve Organizations: CNN, Netflix, Disney, Max, Warner Bros, City, Wedbush Securities, WWE, USA, Rockstar Locations: Hulu, eMarketer, United States

☆ Netflix gained 9.3 million subscribers this year as it adjusts streaming strategy
▼ + stars: | 2024-04-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

CNN —Netflix, the dominant player in streaming, says it grew sales, profits and added more than 9 million subscribers as it revealed first-quarter results on Thursday. In total, Netflix now has 269.6 million subscribers, a record high. In recent months, Netflix has made moves to expand and even radically reinvent its business in an effort to juice profit. In January, Netflix announced it had acquired the exclusive rights to "WWE Raw" live, currently seen on Comcast's USA cable network. In January, Netflix’s president of advertising, Amy Reinhard, shared that Netflix’s ad-tier had more than 23 million users.

Persons: ”, eMarketer, Ross Benes, Wall, Peacock, ” Alicia Reese, “, Greg Peters, ” Reese, Reese, Robert Falconer, Amy Reinhard, Peters, We’ve Organizations: CNN, Netflix, Disney, Max, Warner Bros, City, Wedbush Securities, WWE, USA, Rockstar Locations: Hulu, United States

☆ 'Grand Theft Auto 6' production delay might be behind Rockstar Games' return to office mandate
▼ + stars: | 2024-03-24 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Read previewBack-to-work mandates at Rockstar Games are prompting concerns that "Grand Theft Auto 6" might get a later release date than expected. In December, Rockstar Games announced that "GTA 6" would come out in 2025. Still, news that a "GTA 6" release date was so far in the future caused stock prices for Take Two to dip as much as 7% in December. Related storiesNow, Kotaku reported that sources close to the game's development say that progress is slowing and the game's release could "slip" into 2026. Some Rockstar employees told Aftermath they learned they would no longer be able to answer Slack messages and use other work communication tools from home.

Persons: —, Jenn Kolbe, Slack Organizations: Service, Rockstar Games, Business, Kotaku, Rockstar, Bloomberg, Employees

☆ LeBron James surpasses 40,000 career points as NBA legend burnishes legacy
▼ + stars: | 2024-03-03 | by ( Dennis Romero | ) www.cnbc.com time to read: +4 min

Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. LeBron James surpassed 40,000 career points during Saturday night's home game between his Los Angeles Lakers and the Denver Nuggets, further solidifying his place in the NBA record books. A layup in the second quarter had James reach 40,000 points, and another layup ensured he surpassed the mark. "No one has ever done it," he said of scoring 40,000 career points at the postgame news conference on Thursday. On Christmas night, a 3-pointer against the Phoenix Suns pushed him past 10,000 career NBA points.

Persons: LeBron James, James, LakersNation.com, He's, Vince Carter, Bryce, Laker Kareem Abdul, Abdul, isn't, Kevin Durant, Luka Dončić, Oklahoma City Thunder's Shai Gilgeous, Alexander, Milwaukee Bucks Giannis Antetokounmpo, Donovan Mitchell Jr, Durant, I'm Organizations: Los Angeles Lakers, NBA, Los Angeles Clippers, Crypto.com Arena, Denver Nuggets, Lakers, Nuggets, basked, state's Cleveland Cavaliers, Miami Heat, Toronto Raptors, University of Southern, Sierra Canyon School, Oklahoma Thunder, Thursday's Lakers, Washington Wizards, Phoenix Suns, Dallas Mavericks, Oklahoma City, Milwaukee Bucks, Cleveland Cavaliers, Wizards Locations: Los Angeles, University of Southern California, Slovenian

☆ 'Grand Theft Auto VI' means every day is an office day for Rockstar workers
▼ + stars: | 2024-03-01 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The developer behind the Grand Theft Auto games has asked employees to return to the office five days a week from April, per Bloomberg, as it enters the final stages of development for the franchise's next installment, "Grand Theft Auto VI." AdvertisementHello @X, watch Grand Theft Auto VI Trailer 1 pic.twitter.com/smzxOLhh4o — Rockstar Games (@RockstarGames) December 5, 2023IP and sales worth billions on the lineSecurity has always been a huge priority at Rockstar. But in the run-up to the release of "Grand Theft Auto VI," Rockstar, which adopted remote work during the COVID-19 pandemic, has had several security issues to contend with. The Independent Workers Union of Great Britain (IWGB) said the decision by Rockstar came a year after 170 Rockstar workers signed a petition "opposing mandatory 3-day office work." Rockstar workers represented by the union accused the developer of "broken promises" and said they had concerns around a "heightened risk of overwork," which the company has been criticised for in the past.

Persons: —, Jenn Kolbe, Ned Luke, he'd, Jason Schreier Organizations: Service, Theft, Bloomberg, Business, Rockstar, Twitter, Independent Workers Union of Great Locations: Independent Workers Union of Great Britain

☆ The 'Grand Theft Auto 6' halo effect is causing decades-old GTA games to dominate on Netflix
▼ + stars: | 2024-02-10 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

AdvertisementPeople are so excited for "Grand Theft Auto 6" that decades-old GTA games are shooting to the top of Netflix's gaming platform. The "Grand Theft Auto Trilogy" — released in 2021 — combines three classic titles from the series: "Grand Theft Auto III," "Grand Theft Auto: Vice City," and "Grand Theft Auto: San Andreas." After Netflix Games added the "Grand Theft Auto Trilogy" to its platform, it quickly became their top games, according to Netflix. Zelnik said the announcement of "Grand Theft Auto 6" in December has had a "halo effect across the entire franchise." Take Two CFO Lainie Goldstein said sales of "Grand Theft Auto V" also "exceeded expectations" last quarter.

Persons: —, Strauss Zelnik, Zelnik, Lainie Goldstein, Goldstein Organizations: Service, Interactive, Rockstar Games, Auto, Vice, Netflix, Netflix Games, Business Daily, Nasdaq Locations: Andreas

The NHL isn't the only one who uses the All-Star Game as a lab to test different things that could find its way into the game in the future. This weekend's events in Toronto are also a chance for ESPN and Sportsnet to experiment with coverage ideas that could be implemented down the line during the regular season and Stanley Cup playoffs. The biggest change the league and ESPN implemented is the retooled skills competition on Friday night. The skills competition will be broadcast on ESPN, and Saturday afternoon's All-Star Game will be on ABC. The network and NHL are hoping ratings for the All-Star Game continue to rebound.

Persons: ”, Linda Schulz, It's, Schulz, John Buccigross, He's, “, Subban, ” Steve Mayer, ___ Organizations: NHL, ESPN, Sportsnet, Stanley, ABC Locations: Toronto

LeBron James joined yet another exclusive club, and he’ll have plenty of familiar faces alongside him at the NBA All-Star Game. James is an All-Star — and an All-Star starter — for the 20th time, with the league unveiling the results of this season’s starter balloting on Thursday night. Durant is a 14-time selection now, one of only 11 players in NBA history to be picked that many times. Tatum set an All-Star Game record last season, scoring 55 points in Salt Lake City on the way to MVP honors. This year’s All-Star Game goes back to the traditional East-vs.-West format, which was utilized in the first 66 NBA midseason classics.

Persons: LeBron James, James, —, Kareem Abdul, Jabbar, Phoenix’s Kevin Durant, Denver’s Nikola Jokic, Dallas ’ Luka, Oklahoma City’s Shai Gilgeous, Alexander, Stephen Curry, Durant, Milwaukee’s Giannis Antetokounmpo, Boston’s Jayson Tatum, Philadelphia’s Joel Embiid —, Tatum, Milwaukee's Damian Lillard, “, ” Tatum, it’s, Curry, Boston's Jaylen Brown, York's Jalen Brunson, Atlanta's Trae, Cleveland's Donovan Mitchell, Miami's Bam Adebayo, Anthony Davis, Orlando's Paolo Banchero, Sacramento's De'Aaron Fox, Phoenix's Devin Booker, Kawhi Leonard, Philadelphia's Tyrese Maxey, Minnesota's Anthony Edwards, ” Haliburton, I’ve, ”, Antetokounmpo, ” Durant, Adam Silver, Gordie Howe, Hank Aaron, Willie Mays, Stan Musial, Howe, Aaron, Mays, Musial, Mickey Mantle, it’ll, SportsMediaWatch, ” Joe Dumars, ___ Organizations: NBA, Star, Western Conference, Golden State, Eastern Conference, Haliburton, TNT, Los Angeles Lakers, Los Angeles Clippers, NHL, Major League Baseball, Star Games, Kobe Bryant’s, League, TBS Locations: Indianapolis, Dallas, Dallas ’ Luka Doncic, Oklahoma, Salt Lake City, Miami, Indiana, Indy, U.S

☆ Take-Two's Rockstar Games unveils 'GTA VI' trailer, to release game in 2025
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +1 min

Grand Theft Auto The Trilogy by Take-Two Interactive Software Inc is seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsDec 4 (Reuters) - Rockstar Games, owned by Take-Two Interactive Software (TTWO.O), on Monday released a trailer of the latest installment of its best-selling "Grand Theft Auto" (GTA) videogame franchise, ending a years-long wait. "GTA VI" will be released in 2025, according to the trailer posted to the studio's YouTube channel, after a version was leaked on social media. The teaser for the game came in more than a decade after the launch of its predecessor and will coincide with the 25th anniversary of Rockstar Games. A hack last year released dozens of development videos of "GTA VI", showing footages of robberies, gunplay and open-world driving in what was one of the biggest gaming leaks.

Persons: Andrew Kelly, Grant, Chandni Shah, Sherry Jacob, Phillips Organizations: Inc, REUTERS, Rockstar Games, YouTube, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

NEW YORK (AP) — The highly-anticipated trailer for Grand Theft Auto VI arrived a little early after a copy was leaked online. In an early Tuesday brief, Raymond James analysts said that they originally expected Grand Theft Auto VI to arrive in the 2024 holiday season. "It is simply a shift rather than a reduction in expectations.”The first Grand Theft Auto hit store shelves back in 1997. Grand Theft Auto VI will arrive more than a decade after Grand Theft Auto V's 2013 release. Stifel researchers pointed to “exceptionally strong” buzz and pent-up demand following the Grand Theft Auto VI teaser — pointing to the tens of millions of views collected within hours.

Persons: Lucia, Raymond James &, Raymond James, hasn't, ” Organizations: Rockstar Games, Rockstar, Twitter, Software Inc, Associated, Auto, City, Raymond James & Associates, VI, PlayStation Locations: New York, Miami

☆ Grand Theft Auto VI publisher's stock tumbles after first trailer reveals the video game won't come out until 2025
▼ + stars: | 2023-12-05 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

The stock tumbled despite the long-awaited release of the first trailer for Grand Theft Auto VI. The video game is set to come out in 2025, meaning it'll have little to no impact on Take-Two's earnings next year. AdvertisementTake-Two Interactive's stock price tumbled in premarket trading Tuesday after the first trailer for "Grand Theft Auto VI" revealed that the hotly-anticipated title won't be released until 2025. AdvertisementPrevious title "Grand Theft Auto V" is one of the highest-selling video games of all time, having shipped around 190 million copies worldwide and netted Take-Two roughly $8 billion worth of revenue. Rockstar's 90-second video also confirmed that the game will take place in Vice City, the Grand Theft Auto universe's equivalent of Miami, and feature both a male and a female protagonist, as previously reported by Bloomberg News' Jason Schreier.

Persons: —, what's, Jason Schreier Organizations: Service, Rockstar Games, VI, YouTube, Twitter, Deutsche Bank, Bloomberg News Locations: Vice City, Miami

☆ Stocks making the biggest moves premarket: GitLab, CVS Health, Take-Two Interactive & more
▼ + stars: | 2023-12-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The company posted its first adjusted operating profit and said revenue grew 32% year over year. CVS Health —The pharmacy stock climbed 3% in premarket trading after the company provided higher-than-expected revenue guidance for 2024. The auto parts retailer posted earnings of $32.55 per share, topping the FactSet consensus estimate of $31.57 per share. Smucker — Shares of the snack food company rose 3% in premarket trading after J.M. Adecoagro — The Latin American agriculture stock rose 2.3%.

Persons: GitLab, Johnson, Johnson — Johnson, Piper Sandler, AutoZone, Smucker, Adecoagro, —, Jesse Pound, Brian Evans, Sarah Min, Michelle Fox Organizations: CVS Health, CVS, FactSet, Rockstar, Nokia, Ericsson —, Ericsson, UBS, Bank of America, Suisse Locations: Finland, Sweden, Adecoagro

☆ Rockstar releases GTA VI trailer after leaks spoil launch
▼ + stars: | 2023-12-05 | by ( Christian Nunley | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRockstar releases GTA VI trailer after leaks spoil launchRockstar Games has unveiled the trailer for its new game, GTA VI. Rockstar planned to release the trailer Tuesday morning, but leaks spoiled the launch. Take-Two Interactive shares plummeted in after-hours trading Monday before stabilizing at the market open Tuesday.

Organizations: VI, Rockstar, Interactive

☆ GTA 6 leak: ‘Grand Theft Auto’ trailer reveals game’s release date
▼ + stars: | 2023-12-04 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —A trailer for “Grand Theft Auto VI,” the next installment of the wildly popular and violent game franchise, has been released early online after it had leaked. The trailer reveals that the sixth chapter is coming in 2025, according to developer Rockstar Games. The highly anticipated trailer surpassed 32 million views within its first few hours on Youtube. The trailer was originally supposed to go up on Tuesday, December 5 at 9 am PST. Rockstar Games, owned by Take-Two Interactive, has struggled with leaks.

Persons: Lucia, –, Catherine Thorbecke Organizations: New, New York CNN, Rockstar Games, Twitter Locations: New York, Bonnie, Clyde

☆ Rockstar Games publishes Grand Theft Auto trailer early after it was leaked on X
▼ + stars: | 2023-12-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

Shares of video game publisher Take-Two Interactive Software fell as much as 4% in extended trading on Monday after the company released its trailer for the next version of the Grand Theft Auto game, which will come out in 2025. The video was originally leaked from the account @Gta6trailerleak on X, formerly known as Twitter. After that, Rockstar Games, a subsidiary of Take-Two, published the trailer on YouTube. Grand Theft Auto VI is likely to impact Take Two shares upon its release. Grand Theft Auto V debuted in 2013, and it's now the second best-selling video game in history, having sold more than 190 million copies.

Persons: it's, Sam Houser, Strauss Zelnick Organizations: Twitter, Rockstar Games, Microsoft, Gamers, Rockstar's

☆ A recent Grand Theft Auto 6 leak on TikTok may have come from a Rockstar Games employee's kid
▼ + stars: | 2023-12-03 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +2 min

Rockstar Games recently announced the first trailer for the highly anticipated title. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementPurported leaks of Grand Theft Auto 6 footage on TikTok may have come from the child of a Rockstar Games employee, according to reports. Rockstar Games announced Friday that the first trailer for the highly anticipated game will be released on December 5. AdvertisementBREAKING:In a totally unexpected turn of events, it appears the ‘leaked’ footage has come from the son of a Rockstar Games employee.

Persons: —, GTABase, Arion Kurtaj, Kurtaj Organizations: Rockstar Games, Rockstar, Service, Eurogamer, IGN, Police, BBC

☆ Three ‘Grand Theft Auto’ titles are coming to Netflix's mobile game library
▼ + stars: | 2023-11-29 | by ( Drew Richardson | ) www.cnbc.com time to read: +3 min

Grand Theft Auto V packaging and the Netflix logo are displayed on a phone screen in this photo taken in Krakow, Poland, on Oct. 18, 2023. Rockstar Games originally released "Grand Theft Auto: The Trilogy – The Definitive Edition" for consoles and PC platforms in November 2021 . The release will include "Grand Theft Auto III – The Definitive Edition," "Grand Theft Auto: Vice City – The Definitive Edition" and "Grand Theft Auto: San Andreas – The Definitive Edition." Netflix announced Wednesday that it will make three "Grand Theft Auto" titles available to play for subscribers next month. "Grand Theft Auto" is one of the best-selling video game franchises of all time, shipping more than 405 million units worldwide, according to data firm Statista.

Persons: Andreas –, It's, Ross Benes, Andreas, Wall, Greg Peters, we've, Peters Organizations: Netflix, Rockstar Games, Rockstar, Apple, Auto, Vice City, Intelligence, CNBC PRO Locations: Krakow, Poland

☆ Take-Two CEO says generative AI 'is going to change the nature of what we do'
▼ + stars: | 2023-11-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Thursday interview with CNBC's Jim Cramer, Take-Two Interactive CEO Strauss Zelnick said generative artificial intelligence has potential to change the company's business. "I do think that generative AI is going to change the nature of what we do, and I think it'll change the nature of many of our games in the future," he said, adding that this change might make the gaming experience more compelling for the consumer and increase the number of gamers in the world. Take-Two shares climbed 5% yesterday after the company announced that the release of a new Grand Theft Auto game was imminent. Grand Theft Auto is run under the label Rockstar Games, which is owned by Take-Two. The last version of the game, Grand Theft Auto V, was released ten years ago and recently surpassed 190 million total buyers.

Persons: CNBC's Jim Cramer, Strauss Zelnick, Zelnick, it's Organizations: Rockstar Games

☆ Take-Two surges on report widely awaited 'GTA VI' may be unveiled this week
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

Grand Theft Auto The Trilogy by Take-Two Interactive Software Inc is seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. Take-Two, slated to report earnings later in the day, did not immediately respond to a Reuters request for comment. The game's predecessor, "GTA V", has garnered around $7.68 billion in sales since its launch in 2013 and ranks among one of the most profitable titles ever. Take-Two was on track to add nearly $2 billion to its market value, based on the premarket share price of $148.6. The stock has risen by nearly a third this year, partly due to growing expectations of a reveal for the "GTA VI".

Persons: Andrew Kelly, Aditya Soni, Sriraj Organizations: Inc, REUTERS, Bloomberg, Rockstar Games, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

☆ Take-Two stock up ahead of earnings on anticipation for GTA 6 announcement
▼ + stars: | 2023-11-08 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The current release of the game, "Grand Theft Auto V," is the second best-selling game of all time by units sold after Microsoft -subsidiary Mojang's Minecraft. Rockstar's franchises, which include Grand Theft Auto but also Red Dead Redemption, have helped fuel Take-Two's share price growth and $23.16 billion market cap. Investors and consumers alike have long awaited the release of the next Grand Theft Auto game. In August, when the company reported its fiscal 2024 first-quarter earnings, total net bookings grew 20% year-over-year to $1.20 billion. Among the largest contributors, the company said in a release, were Grand Theft Auto Online and Grand Theft Auto V.Take-Two wasn't immediately available to add further comment.

Persons: Sam Houser, hasn't, It's, Strauss Zelnick Organizations: Interactive, Theft, Twitter, Rockstar Games, Bloomberg, Microsoft, Rockstar, Investors

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. Meanwhile, Fed Chair Jerome Powell did not comment on monetary policy in opening remarks to the U.S central bank statistics conference. On the earnings front, eBay <EBAY.O> shed 5.5% as the e-commerce platform forecast fourth-quarter revenue and profit below Wall Street estimates. Advancing issues outnumbered decliners by a 1.31-to-1 ratio on the NYSE and by a 1.08-to-1 ratio on the Nasdaq. The S&P index recorded 14 new 52-week highs and four new lows, while the Nasdaq recorded 31 new highs and 75 new lows.

Persons: Brendan McDermid, Armour, Peter Andersen, Michelle Bowman, Jerome Powell, Amruta Khandekar, Anil D'Silva, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Warner Bros, Dow, Nasdaq, Federal Reserve, Treasury, Fed, Andersen Capital Management, Analysts, eBay, Wall, Warner Bros Discovery, Dow Jones, Rockstar Games, NYSE, Thomson Locations: New York City, U.S, Boston

☆ Take-Two Interactive forecasts downbeat bookings on sluggish demand
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

NBA 2K22 and Grand Theft Auto 5 by Take-Two Interactive Software Inc are seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNov 8 (Reuters) - Take-Two Interactive Software (TTWO.O) on Wednesday forecast third-quarter net bookings below market expectations, hurt by a slowdown in spending on the company's gaming titles such as "Grand Theft Auto" and "Red Dead Redemption". However, investors remain optimistic about the launch of Take-Two's "Grand Theft Auto VI", the latest installment in the franchise. Take-Two forecast third-quarter net bookings between $1.30 billion and $1.35 billion, compared with estimates of $1.44 billion, according to LSEG data. Total net bookings in the quarter fell 4% to $1.44 billion, compared with analysts' estimates of $1.43 billion.

Persons: Andrew Kelly, Zaheer Kachwala, Shounak Dasgupta Organizations: Software Inc, REUTERS, Electronic Arts, Rockstar Games, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

BALTIMORE (AP) — Hall of Fame third baseman Brooks Robinson, whose deft glovework and folksy manner made him one of the most beloved and accomplished athletes in Baltimore history, has died. Brooks was just a genuine person.”Coming of age before the free agent era, Robinson spent his entire 23-year career with the Orioles. Robinson contributed an RBI single in the second game and became forever a part of World Series lore with his standout performance in Game 3. The Series ended, fittingly, with a ground out to Robinson in Game 5, a 9-3 Orioles win. There’s a Brooks Robinson Drive in Pikesville, and the annual state high school All-Star game played at Camden Yards is named in his honor.

Persons: Brooks Robinson, Robinson, ”, of Famer Jim Palmer, Brooks, Rob Manfred, ” “ Brooks, ” Manfred, “, ” Robinson, “ Brooks, Earl Weaver, “ He’d, Palmer, …, ” Brooks Calbert Robinson, Johnny Unitas, Cal Ripken, Orioles rooters, Ripken, Lee May, Tony Perez, Tommy Helms, Johnny Bench, Sparky Anderson, ” Anderson, ” Palmer, There’s, ___ Organizations: BALTIMORE, —, of Fame, Orioles, Washington Nationals, of Famer, Cincinnati, Los Angeles Dodgers, Star Games, Gloves, MLB, York, Colts, New York Mets, Reds, ” Reds, Camden Locations: Baltimore, Camden, Arkansas, Brooks, Little Rock, Charm City, Maryland, Pikesville

☆ Teen hacked Uber, Revolut and Grand Theft Auto maker, London jury finds
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +1 min

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found to have hacked Uber (UBER.N) and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto after a trial at a London court. Arion Kurtaj, 18, embarked on a solo cyber crime spree in September 2022, first targeting Revolut before hacking Uber two days later. The teen then hacked Rockstar Games and threatened to release the planned Grand Theft Auto sequel's source code in a Slack message sent to all Rockstar staff. Kurtaj had previously hacked and blackmailed Britain's biggest broadband provider BT Group (BT.L) and mobile operator EE in 2021 and later chip maker Nvidia Corp (NVDA.O) in February 2022. The jury on Wednesday found Kurtaj committed 12 offences, including three counts of blackmail, two counts of fraud and six charges under the Computer Misuse Act.

Persons: Revolut, Arion Kurtaj, Kurtaj, Sam Tobin, William James Our Organizations: Rockstar Games, Rockstar, Southwark Crown, BT Group, Nvidia Corp, Computer, Thomson Locations: London, Southwark

☆ Teen hacked Uber, Revolut and Grand Theft Auto maker, London court hears
▼ + stars: | 2023-07-11 | by ( Sam Tobin | ) www.reuters.com time to read: +2 min

REUTERS/Arnd Wiegmann/File PhotoLONDON, July 11 (Reuters) - A teenage member of the Lapsus$ hacking group hacked Uber (UBER.N) and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto, prosecutors have told a London court. Arion Kurtaj, 18, is said to have targeted Revolut and Uber in September 2022, accessing around 5,000 Revolut customers' information and causing nearly $3 million of damage to Uber. Prosecutors allege he hacked Rockstar Games days later and threatened to release the planned Grand Theft Auto sequel's source code in a Slack message sent to all Rockstar staff. Kurtaj later embarked on a solo cyber crime spree, Barry said, first targeting Revolut then Uber two days later before hacking Rockstar Games. He has previously pleaded guilty to two offences under the Computer Misuse Act and one count of fraud.

Persons: Arnd, Revolut, Arion Kurtaj, Uber, Kevin Barry, Kurtaj, Barry, Sam Tobin, Nick Macfie Organizations: Economic, REUTERS, Auto, Prosecutors, Rockstar, BT Group, Nvidia Corp, London's, BT, EE, Computer, Nvidia, Thomson Locations: Davos, Switzerland, London, Lapsus, London's Southwark

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