The Xbox 360 release of Minecraft continues to set records on Microsoft's Xbox Live Arcade platform. The console port of Mojang's indie megahit has already sold in excess of one million copies since its release on May 9. Not bad for one of the most expensive Xbox Live Arcade games to date. Microsoft boasted today that Minecraft: Xbox 360 Edition players have spent more than 5.2 million hours mining since launch, with 4 million multiplayer sessions played and more than 2.4 million hours spent playing multiplayer. Last week, Microsoft revealed that the Xbox 360 version of Minecraft was the fastest selling XBLA game to date, with more than 400,000 players in the first 24 hours. Minecraft: Xbox 360 Edition was developed by 4J Studios for ... Continue reading →
BY RYAN DEZEMBER AND DANIEL GILBERT Chesapeake Energy Corp. is expecting activist investor Carl Icahn to disclose soon that he has taken a significant stake in the embattled natural-gas company, according to people familiar with the matter. Such a move by Mr. Icahn could ratchet up pressure on Chesapeake, which faces a cash crunch and corporate-governance controversies that have pushed its stock to the lowest level since 2009; he has said previously that investors want the company to reduce its leverage. But he is also known to buy stocks he thinks have become bargains, and shares often rise as other investors mimic him. A spokeswoman for ...BY RYAN DEZEMBER AND DANIEL GILBERT Chesapeake Energy Corp. is expecting activist investor Carl Icahn to disclose soon that ... Continue reading →
DealBook reports that Yahoo’s embattled chief executive, Scott Thompson, plans to leave his post after a controversy over his embellished academic credentials, people briefed on the matter said. He will be replaced on an interim basis by Ross Levinsohn, the company’s global head of media. Yahoo is also near a deal with Third Point’s Daniel S. Loeb to end the hedge fund manager’s proxy fight. Read more » Continue reading →