Quoting: elmapulbut most of the time the changes arent trying to censor something for another audience that is bothered by this type of content

The SICs always makes this claim but is there any evidence what so ever that the devs made this change for "another audience" and not just because they themselves begun to feel uncomfortable with the original design?

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Still no support for my K100 unfortunately. Never understood why companies like Corsair doesn't make all their protocols public, people like the ones behind ckb-next would then be able to go completely bonkers and create new fancy stuff that Corsair themselves would never imagine raising the value of their hardware.

edit: not to mention firmware updates only via their iCUE Windows only software.

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Quoting: Cyril

Quoting: pleasereadthemanualOut of curiosity, what justification would you accept?

Honestly: none. But this one is particularly selfish I think. Plus I don't believe your software have to be proprietary to have "exclusive right to commercial exploitation". You can make money from Free Software, and that's not necessarily a bad thing...
I agree with what others said, especially Purple Library Guy (who's surprised?).

Also "exclusive right to commercial exploitation" will almost never happen for a project like this, it's a far to volatile mine field to be able to exploit, I mean look at what have happened to the few projects that have tried so far, GTA, Dolphin and so on.

Quoting: MilaniumI think it is not Open Source because he is using various existing Open Source projects and bundles them under a new name. One developer, so many engine ports. It seems very fishy.

That should be quite easy to find out by looking at the binary though.

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Quoting: hardpenguin

Quoting: F.UltraI hope we get an early SDL2->3 shim library this time in before distros decide to make SDL2 obsolete.

We will. Which brings us to the question: Will SDL 1.2 to SDL 2.0 compatibility library be compatible with SDL 2.0 to SDL 3.0 compatibility library?!

It should be, I mean the 1.2 to 2.0 shim would use the 2.0 to 3.0 shim, so yes there would be overhead due to every single call being several calls underneath the hood but it should work out of the box so to speak.

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I hope we get an early SDL2->3 shim library this time in before distros decide to make SDL2 obsolete.

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Quoting: ArehandoroFrom the article It’s a myth that companies must put shareholders first [External Link]:

The notion that a corporation’s primary purpose is to look after its shareholders is widely believed and taught, but is in fact a myth with no basis in corporate law. The corporation is a separate legal entity. Because ownership of assets and liabilities are attributed to this entity, corporations are not “owned” by shareholders.

Instead, shareholders have limited legal rights, which do not include the right to directly control directors’ or managers’ behaviour. Indeed, shareholders have no special claim on a corporation’s economic returns. Their right to dividends is the same as a waiter’s right to tips: an expectation that is unlikely to be enforceable in court.

Quoting: F.UltraThere is no way that a public company can give the finger to investors. Remember that the investors, aka the share holders, are the actual owners of the company, the CEO and other execs are only running the company per the will of the shareholders

So, not quite true. Companies decide to allign with them.

That article is playing with words to convey a completely different picture than it really tells and your conclusion of it is incorrect. Yes a corporation is legally a separate entity from it's shares so the article is correct in that aspect, but the shares control all the assets so without the shareholders all you have is that legal entity of a corporation (aka you no longer have any of its products, none of its income, none of its cash, none of its assets). Basically all you have is a bunch of employees but no assets and no income.

As a shareholder you own shares, each share comes with votes (unless you happen to buy very special shares like the Alphabet ones that comes without votes which is mostly a US thing). At each shareholders meeting you use those votes to vote on various topics and with enough votes you can also put forward items to discuss and if you get enough other votes on that item then the company is obliged to comply. Most importantly however is that you vote on who constitutes the board, once the board is voted in they in turn decide on who they want to have as the CEO to carry out the boards directions as per the wished of the share holders that just voted them in.

So yes legally you the CEO can say screw the share holders and do whatever you like but at the next annual meeting you will be discharged with liability.

But this is not to say that the primary purpose of the company is to look after it's shareholders, see this is another notion where the article is correct but written in a way to convey a different context than what that sentence really means. The primary goals are written into the companies articles of association and is something that you as a potential investor have to look at before making an investment to make sure exactly what rights you might have or not have as a shareholder, however those articles can be changed by way of voting if you gather enough votes to make it a topic for the general meeting.

I sit on the board on some companies and are also a share holder in the very company that employs me and have exercised my rights as a share holder on occasion.

For Embracer in particular you can see the level of governance in this chart where you can see that all the power originates from the share holders:



They also clarify how the CEO is selected and what his or her responsibilitis are:

The CEO of Embracer Group is appointed by the Board of Directors to handle the Group’s day-to-day management and to lead the Group Executive Management Team, which also includes the Group CFO/Deputy CEO and the Chief of Staff, Legal & Governance.

And the role and powers of the board:

The Board of Directors is the highest decision-making body after the shareholders’ meeting and is ultimately responsible for Embracer Group’s organization, administration, long-term development and strategy. In accordance with the Swedish Companies Act this means that the Board is responsible for establishing targets and strategies, ensuring that procedures and systems are in place for the evaluation of set targets, continuously evaluating Embracer Group’s financial position and performance, and evaluating the executive management. The Board is also responsible for ensuring that the annual accounts and interim reports are prepared on time. The Board of Directors shall further ensure that the Company complies with applicable laws and regulations, Nasdaq Stockholm Rulebook for Issuers, the Swedish Corporate Governance Code, the Company’s articles of association and the rule of procedures for the Board.

The Board of Directors of the Company is responsible for Embracer Group’s organization and the management of its business worldwide and is obliged to follow directives provided by the shareholders meeting. The Board of Directors may appoint committees with specific areas of responsibility and furthermore authorize such committees to decide on specific matters in accordance with instructions established by the Board of Directors. Currently, the Board of Directors has established the Audit and Sustainability Committee and the Remuneration Committee.

In short your article is lying by omission and presents half truths using IMHO weasel words.

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Quoting: dziadulewiczDidn't know what this game was about. The first impression from those atmospheric pics was something story rich and no violence. Then, again the same thing also in this game: zombies. Just no. They ruin everything and are everywhere still on and on. WHY!?

Because if people don't get things to kill a game gets demoted to "walking simulator".

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Quoting: Arehandoro

Quoting: F.Ultra

Quoting: BalkanSpy"transform us from our current heavy-investment-mode to a highly cash-flow generative business this year"

Gotta love that corporate doublespeak. Which new gibberish will they invent next?

Not so sure exactly what it is here that you think sounds doublespeak? This just means that they have halted their expansion and will now concentrate on generating income instead.

They could have thought that the lack of funding, or not getting a deal, could happen and start being a highly cash-flow before that to prevent this. They could also give the middle finger to investors and say they won't be returning their money any time soon, and keep the studios and their workers. The high execs could also freeze their super high salaries for an X amount of time to palliate the problem.

But no, they directly prefer cutting costs to the expense of workers.

To me, the doublespeak is undermining the effect of these cuts on those affected, like if it was the most normal thing in the world, and the fact that they lost $2bn investment, by trying to positively say that it will allow them to be highly cash-flow generative.

There is no way that a public company can give the finger to investors. Remember that the investors, aka the share holders, are the actual owners of the company, the CEO and other execs are only running the company per the will of the shareholders.

Still don't get how any of that turns the quote into doublespeak. It's quite clear what they mean and it also exactly describes the situation and what they are going to do.

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From their recent Q4 report:

"In Q2 2022/23 we outlined our ambition to close a
number of partnership and licensing deals that would
be jointly transformative for Embracer. We have already
entered into multiple partnerships and licensing agree-
ments with industry partners on both AAA games and
movies based on some of our iconic IPs. Except for
the already announced deals that have more limited
short-term financial value, we have been working on
one groundbreaking strategic partnership agreement
that would have set a new benchmark for the gaming
industry.

Negotiations have been taking far longer than originally
anticipated considering we had a verbal commitment
already in October 2022. The specific deal included
more than USD 2 billion in contracted development
revenue over a period of six years. The deal would have
enabled a catch-up payment at closing for already capi-
talized costs for a range of large-budget games, but also
notably improved medium-to-long-term profit and cash
flow predictability for the duration of the game develop-
ment projects.

The transaction had many of the highest rated global
advisories onboard with several hundred people
engaged on both sides. All documentation was finalized
and ready to go as of yesterday. We asked for the exe-
cution of the agreement before our Q4 announcement.
However late last night we received a negative outcome
from the counterparty. This decision was unexpected to
the management and the Board of Directors of Embracer.
Capitalizing on our collective value through our partner-
ship approach remains a key priority for the Group. We
will continue to seek partnerships and collaborations
with third parties across all our segments, including
opportunities within transmedia. The demand for content
has never been greater, and Embracer is well-positioned
to meet that demand. We still have ongoing discussions
about additional partnership and licensing deals, but the
impact of potential deals is not included in the manage-
ment forecast for the current financial year. That said, our
ambition is still to increase the share of externally funded
game development.

We have a solid pipeline of ongoing development proj-
ects, but multiple projects will need more time to live up
to our high expectations of quality and to reach their full
commercial potential. There have recently been several
changes in expected release dates moving forward for
unannounced titles in FY 2023/24. Consequently, several
games with the potential to generate more than SEK
1 billion in net sales are now slated for FY 2024/25. Due
to these delays and without the significant, transformative
partnership deal, we expect to generate SEK 7 billion to
SEK 9 billion (previously SEK 10.3 billion to SEK 13.6 billion)
in Adjusted EBIT with improving cash conversion for FY
2023/24 and a healthy growth outlook in the following
years.
"

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Quoting: Eike

Quoting: dpanter'Huge hit' is a substantial understatement, more than 50% of their market value was destroyed in one fell swoop. Consequences arrive quickly when you're hurting.

I understand "partnership that has been negotiated for seven months will not materialize" as there hasn't been (much) actual money lost?

Perhaps not much money lost but the news that this huge deal had been cancelled made their stock drop AND they use not only cash but also their stock to buy new studios so when the stocks plummeted this means both that buying new studios will be more expensive (aka they have to pay double the number of stocks) AND it also means that they studios that they have already bought have seen the value of the stocks they got halve in value leading to sour grapes everywhere.

edit: the broken deal is also lost income of roughly USD 2bn so even if they didn't loose any money they lost a lot of projected income here.

Quoting: BalkanSpy"transform us from our current heavy-investment-mode to a highly cash-flow generative business this year"

Gotta love that corporate doublespeak. Which new gibberish will they invent next?

Not so sure exactly what it is here that you think sounds doublespeak? This just means that they have halted their expansion and will now concentrate on generating income instead.

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