U.S. hedge fund Farallon seeks Toshiba extraordinary shareholders meeting

Cyberpunk Maker CD Projekt Sued by Investor Over Botched Launch

CD Projekt SA, the Polish video-game publisher of Cyberpunk 2077, was sued by an investor who claims the company misled him about the potential of the error-plagued game whose botched release this month caused shares to dive.

Andrew Trampe sued Thursday in federal court in Los Angeles and seeks to represent other investors who bought the company’s securities.

CD Projekt failed to disclose that Cyberpunk 2077 was “virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs,” according to the complaint. As a result, Sony Corp. removed Cyberpunk 2077 from the Playstation store, and Sony, Microsoft Corp. and the company were forced to offer full refunds for the game, according to the complaint.

Cyberpunk Fails to Deliver Again as Game Sales Disappoint (1)

The company’s American depositary receipts fell 25% in the three days after Cyberpunk 2077 was released on Dec. 10. They fell another 16% after Sony removed the game from its Playstation store on Dec. 18.

CD Projekt representatives didn’t respond to an emailed request for comment, sent after regular business hours.

PHOTOS: Downtown Denver lights up for the holidays – The Denver Post

Denver’s City and County Building and “Mile High Tree” display light up downtown Denver for the 2020 holiday season.

Earthquake of magnitude 6.3 strikes Mindoro, Philippines – EMSC

(Reuters) – An earthquake of magnitude 6.3 struck Philippines’ Mindoro region, the European Mediterranean Seismological Centre (EMSC) said on Friday.

The quake occurred at a depth of 144 km, EMSC added.

Sydney Cluster Grows to 108 Cases; Officials Wary of CBD Spread

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The cluster of Covid-19 infections in Sydney’s Northern Beaches has grown to 108, according to authorities, who urged people to limit their movements around the city and avoid crowded Boxing Day shopping sales.

New South Wales state recorded seven new cases overnight, with four linked to the cluster, Premier Gladys Berejiklian told reporters Friday. Health officials are concerned that infected people visited bars and food courts in the central business district in the days leading up to Christmas and are urging people who attended those venues to self isolate and get tested.

“Please avoid the CBD where you can and if you must go to the CBD and you must go shopping, make sure you’re wearing a mask and are socially distancing,” Berejiklian said.

1 Mln People In US Receive First Dose Of COVID-19 Vaccine

More than 1 million people have reportedly received their first shot of a COVID-19 vaccine.

Reports says that the number is low as many doses administrated in recent days have yet to be tabulated in the figures from the US Centers for Disease Control and Prevention.

“With cases of COVID-19 continuing to surge nationwide, this achievement comes at a critical time and will help to protect those on the frontlines — our healthcare providers treating COVID-19 patients — as well as our most vulnerable: elder individuals living in nursing homes and assisted living facilities,” CDC Director Dr. Robert Redfield said.

Redfield added that CDC, along with DoD and other federal partners, continues to work closely with state, local, tribal, and territorial health departments to combat the spread of COVID-19, and distribute COVID-19 vaccine doses as quickly as possible to accomplish vaccination of the American public.

The government has said it intends to distribute 20 million first doses of the Pfizer-BioNTech and Moderna vaccines in the coming weeks. So far, about 9.5 million doses have been distributed.

Trump Mocked After He Claims Twitter Censorship Leads To Communism

President Donald Trump gave snarky Twitter users an early Christmas gift Thursday when he tried to blame communism on Twitter censorship.

The president railed against what was once his favorite social media platform, claiming that Twitter is stifling free speech by ― and this is a slight paraphrase ― not allowing him to spew lies.

Many Twitter users were happy to use Trump’s bizarre and historically inaccurate tweet to brutally mock the president.

One Twitter user pointed out that Trump was a day late for griping.


PHOTOS: Santa visits Rocky Mountain Hospital for Children on Christmas Eve – The Denver Post

Santa visited Rocky Mountain Hospital for Children to give kids with COVID-19 and other illnesses stuffed animals and toys and spread holiday cheer on Christmas Eve, Thursday, Dec. 24, 2020.

U.S. hedge fund Farallon seeks Toshiba extraordinary shareholders meeting

FILE PHOTO: The logo of Toshiba is seen as a shareholder arrives at Toshiba’s extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai

TOKYO (Reuters) – U.S. hedge fund Farallon Capital Management said on Friday it has asked Toshiba Corp to convene an extraordinary shareholders meeting over the Japanese industrial conglomerate’s investment plans.

Farallon, which owns a stake of more than 5% in Toshiba, joins top shareholder Effissimo Capital Management in calling for an emergency meeting.