(Reuters) - Activision Blizzard Inc and arch rival video game company Electronic Arts Inc have settled a lawsuit in which Activision accused two former executives of breaking their employment agreements to develop games for EA. "Activision and EA have agreed to put this matter behind them," the companies said on Wednesday in a joint statement. Neither company disclosed details of the settlement. Two former Activision executives, Jason West and Vincent Zampella, developed the original "Call of Duty" game and several others in the series. ...
Toshiba eyes $5.9 billion operating profit by 2014-15 TOKYO (Reuters) - Japan's biggest chip maker, Toshiba Corp, said on Thursday its annual operating profit is likely to reach 470 billion yen ($5.9 billion) by the business year ending in March 2015. In its mid-term business plan, the electronics conglomerate also said its capital spending for the three years to March 2015 will be about 1.4 trillion yen and it plans to spend around 1.1 trillion yen on research and development during the same period. ...
