Topic: corporate takeover
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Krafton Accused of Secret Task Force in Unknown Worlds Takeover
Krafton is being sued by former Unknown Worlds leadership for allegedly creating a secret plan to avoid paying a $250 million earnout bonus tied to Subnautica 2's release by delaying the game and firing the founders. The lawsuit claims Krafton formed "Project X" to negotiate away the earnout or t...
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Krafton Used ChatGPT to Dodge $250M Subnautica 2 Bonus
Krafton allegedly consulted ChatGPT to avoid paying a $250 million contractual bonus tied to Subnautica 2's delayed release, leading to the termination of three founding developers and a studio takeover. Legal documents claim Krafton orchestrated the removal of Unknown Worlds' founders and refere...
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Elon Musk Settles $128M Twitter Exec Lawsuit
Elon Musk has settled a $128 million lawsuit with four former Twitter executives, including ex-CEO Parag Agrawal, whom he fired after acquiring the company for $44 billion in 2022. The executives claimed Musk denied them severance as retaliation for holding him to his initial purchase commitment,...
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