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Your search for Air port extreme located the below Air port extreme Search Results. The Air port extreme Search Results are returned from stories QJ publishes stories covering Air port extreme news, Playstation news, Xbox news, PC news, Wii News, Nintendo DS News, Gaming News, Reviews, Downloads, Custom Apps, Homebrew and much more.

Half Byte Loader creator - "Vita helps PS3 to PSP homebrew"

Posted Apr 9, 2012 at 8:12AM EST by Harrison E Listed in: PS Vita Tags: half-byte loader, homebrew, loaders, ps vita hacks, ps3, psp hacks, Sony, wololo

One of the scenes leading experts on Homebrew discusses why Sony took games off the market and the future of Sony homebrew.


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Review: SSX

Posted Mar 15, 2012 at 1:00PM EST by Harrison E Listed in: PS3 Tags: ea games, Electronic Arts, review, ssx, ssx tricky

Harrison E gets tricky with SSX, but is it a cool game or just an avalanche waiting to happen?


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Letter from Alleged THQ Staffer Calls Out Management, CEO

Posted Jan 25, 2012 at 3:30PM EST by Listed in: PS3 Tags: saints row the third, THQ

THQ hasn’t been doing great over the last few months, and this nasty letter from a former employee doesn’t make things look any better.

THQ, the company behind Saints Row: The Third, had a tough 2011. The company was in such dire straits that rumors floated around about it canceling its entire 2014 lineup, rumors the company vehemently denied. This morning we received word that THQ was shifting its strategies yet again, this time focusing more on its core franchises over third party licensing.

It’s hard to get a bead on exactly what’s happening with THQ. Rumors and sales indicate the company is in serious trouble despite the success of Saints Row, but the company refuses to admit that they have any sort of problem. Only one person seems to be willing to comment on the state of the company – an alleged former employee with an obvious bone to pick.

In a letter written to THQ’s Board of Directors, CEO Brian Farrell as well as the general public and a collection of gaming news sites, this “Formerly Mismanaged” employee rattles off a laundry lists of complaints about the company.

The letter essentially claims that THQ’s problems stem from mismanagement and a Board of Directors that has no clue how to strategically run a gaming company. It gives examples like acquiring game studios with no plan on how to utilize their talents (then later shutting them down), investing money into shrinking niche markets, the company’s refusal to dump a CEO that has tanked its stock price and high-paid executives making enormous mistakes that call their competency into question. The disastrous uDraw tablet also makes an appearance.

These allegations of management incompetency surface just a few days before THQ announces its current financial standing on February 2, and things certainly don’t look good. One analyst has gone on the record by stating that THQ, without some sort of financial windfall, with run out of cash near the middle of this year.

You can read the letter in its (extremely long) entirety below:

[JoyStiq]

"To:

THQ Board of Directors

Lawrence Burstein

James Whims, Gigex, Inc.

Henry DeNero, Arcturus Capital

Brian Dougherty, AirSet, Inc.

Jeffrey Griffiths , Lumber Liquidators

From:

Current and Ex-Employees, Shareholders, and The Public

Dear THQ Board,

I am an ex-employee at THQ. I saw the tweet-started headlines over the past week from an "industry expert." This expert is one who I and my friends and co-workers in the industry have never heard of after a long time in the field. I had been reading the various following articles and accounts and it generated sympathy for friends both recently laid off and currently still there. I thought it would be a good idea to send a note with their input. This note has honest facts and thoughts about THQ and the current problems there. Most of these facts are public knowledge and they have been confirmed by public records or can be confirmed by current and former THQ staff there both before and after my and their time.

I have long felt the need to explain to outsiders how this beaten-down company has wound up in this position. It is to the point where having it on your resume is not a point in your favor. And that shouldn't be the case. I'm/We're sending this note anonymously because some of us are still awaiting final checks and others know how little corporations like employees who air their dirty laundry. We feel the need to say something to combat the partial misinformation being written.

THQ had been known through the years for having a formula. They find a hot license, make a cheap game, barely advertise it, and make money. This formula worked during the Playstation and Xbox and Gameboy days and made the company a lot of cash. Unfortunately, THQ's old guard executives seem to be stuck trying to manage the company the same way they did back then and haven't realized the industry has changed.

The beginning of the end came years ago as Brian Farrell lead an executive team to acquire a large number of studios. A large amount of cash was used in the acquisition or setup of game developers with different degrees of talent. The problem was they were bought without strategic reasoning or specific plan on to use them. So after awhile another large amount of money was spent as those studios failed and were sold off and shut down. The executive team at the time were an entirely different group of people with one key exception in the CEO. The CEO/the then executive team wasted the cash that the company had built up with these massive investments and selloffs.

The studio purchase errors were not helped by the mistakes in the licensing deals that were signed by the same CEO. Millions and millions of dollars were wasted on acquiring licenses at the same time the kids, family, casual business was declining at a rapid rate. Instead of slowing those acquisitions he overpaid for more of them until again cash was wasted in paying for brands that didn't sell well anymore.

The mistakes in decisions and cash losses triggered wave after wave of layoffs. In the most recent wave, about 40 people lost their jobs this past December through no fault of their own. The reason why is the chronic and constant mismanagement of their company. The fact is that the CEO and executive committee were so focused on trying to hit an unrealistic financial goal that they bet everything on an extremely risky proposition in the uDraw tablet. When they lost, they further displayed their lack of management skills by not having a contingency plan. Three weeks after the game launched, an entire business unit was wiped out when it didn't meet its goal due to relying on that one product to hit an unrealistic target.

After the layoffs many ex-employees walked around shell-shocked and trying to figure out who was responsible. They came to the understanding that most of us do after leaving the company. The issue with THQ has never been one of lack of staff creativity, intellect or business intelligence. It all rests of the failure of its management team and you the Board of Directors.

This Board has allowed the Brian Farrell, the CEO, the ongoing ability to take a cash-rich profitable company and drive it from a $30 share price down to around $.70 without acting despite numerous mistakes that even for those lacking business training, could see were errors. Even without glaring mistakes how can the same CEO stay in charge after a 99% share price loss? Aside from the board, who is responsible for the current situation and who is accountable for the current and future job losses at the company? When you ask the recently departed who are a good source of information, you get the same answers. This uDraw failure is the largest and most recent one in a string of them that were hushed over and hidden. The answer aside from the Board is the current executive team that allowed this uDraw implosion to happen.

Brian Farrell, CEO with a 2011 salary of $1,289,558, for a lack of business intelligence or fiscal accountability. A vocal inside group pointed out the mistake of trying to launch a year-old product that received almost no software support in the last 12 months. Instead of listening and having a back-up plan, he went ahead and invested a ridiculous amount of money in the manufacturing and advertising of the product and failed miserably. It is passed time for him to go. We are wondering what is taking so long for you to act. We have been wondering this same question for a long time.

Martin Good, EVP and head of Kids, Family, Casual with a 2011 salary of $1,198,023, for bringing no strategic thought or business sense to the role. He was brought out from Australia sales to replace an outgoing head of the business unit and rapidly displayed a complete lack of leadership skills, vision, and any sort of analytical sense. Looking at his compensation package, he is an excellent negotiator as his salary is higher than anyone's except for the CEO. On the plus side he lost his job with the rest of those laid off. On the minus side, he will be floating down on a golden parachute while the rest of the former employees scramble to look for jobs in this challenging environment. Most of those jobs will be at studios in other parts of the country, so they will be forced to relocate their families in the middle of their childrens school years. It is incredible that he made this level of income while doing such a poor job, but it serves as a reflection of the lack of Brian Farrell's ability to staff well and manage.

Paul Pucino, CFO with a 2011 salary of $674,855, for not planning for this possibility and having a safety net or a plan to cover THQ just in case of failure. We have a line of credit that we likely used to buy the plastic that is not selling to customers. It is like taking a cash advance to buy THQ stock and just as worthless of an investment. Paul is known as an absentee executive who is missing when business situations gets complicated. While he was in the loop at the point of the risk, with the following failure he has been clearly unavailable. It is another example of Brian Farrell's inability to staff.

Ian Curran, EVP and head of global publishing with a 2011 salary of $1,037,047, for not flagging an unrealistic sales goal to the CEO or the Board when a big part of the corporation felt the numbers were unrealistic. He blindly held up an unachievable target and didn't act when multiple people told him he was aiming to high and out of step with the marketplace. If a sales executive's job is to anticipate the market, he has done a poor job of it. Another example of Brian Farrell not being able to find the right people for the right job.

Ed Kauffman, EVP of Legal and Business Affairs who clearly was signing bad deals on licensed products, not factoring in the changes in the business and being more critical with financial terms with partners. uDraw by itself cannot possibly explain the companies poor financial health. It is a combination of that product and a string of bad licensed deals that the company took on against better judgement. While Brain Farrell would logically be the final decisionmaker for deals, Kauffman is either unpersuasive in his arguments to not do them or supported them. Either situation equates to another example of poor staffing choices by the CEO.

uDraw was failure and the only people to blame are the people listed above. THQ and its current financial situation is also their responsibility. And they were paid around $4.5 million dollars for their poor decisions. If there is any doubt we would recommend talking to current and former staff to get the straight story. Don't read this note as bitterness on their part, but more as long overdue truth.

So, Board, it is time. Passed time for you to act and passed time for you to do something about the mismanagement that has gone on for too many years. We've watched the stock from the outside and read the comments and the reason why the company is valued so low despite its sales is because of this underqualified management team.

Board it is time for you to act before your names are added to the list above of things that must change.

Sincerely,

The Formerly Mismanaged"

THQ hasn’t been doing great over the last few months, and this nasty letter from a former employee doesn’t make things look any better.


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Black Ops Tops 2011 XBL Activity Chart

Posted Jan 9, 2012 at 8:45AM EST by Brett Huffman Listed in: Xbox 360 Tags: black ops, call of duty, xbl activity chart, xbox live

Surprise, surprise, surprise.


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Interview with Zeboyd Games Bill Stiernberg

Posted Dec 9, 2011 at 12:30PM EST by Harrison E Listed in: PC Gaming Tags: bill stiernberg, breath of death vii, cthulu saves the world, zeboyd games

Co-creator of indie RPG’s Cthulu Saves the World and Breath of Death VII, Bill Stiernberg talks to Harrison E about working on RPG’s, pirates and Microsoft.


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PlayStation Store EU Update - 09/21/11

Posted Sep 21, 2011 at 10:39PM EST by Ryan F. Listed in: PSP, PS3 Tags: Europe, PlayStation Network, PlayStation Store, Sony

Head's up Europe, here is your weekly dose of PlayStation Store goodness.


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PlayStation Store US Update - 09/20/11

Posted Sep 20, 2011 at 10:14PM EST by Ryan F. Listed in: PSP, PS3 Tags: PlayStation Network, PlayStation Store, Sony

This week's North American PlayStation Store update is now live folks, bringing us a slew of new contents, including a Resident Evil special, the latest spin-off of the Burnout series and the hotly anticipated demo of 2K Sports latest basketball sim, among others.


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Flick Golf goes on sale

Posted Aug 27, 2011 at 5:30PM EST by Carl B Listed in: iPhone Tags: apple, flick golf hd, full fat, ios

Full Fat has announced a summer sale for Flick Golf HD.


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PoV: Can Steve Jobs departure affect Apple's mobile dominance?

Posted Aug 25, 2011 at 6:36AM EST by Ryan F. Listed in: PoV Tags: apple, Steve Jobs, tim cook

It could leave the field wide open for its rivals to crawl back in, but with a right guy in hand, I think the company will just keep chugging along.


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Reggie talks Wii U to 3DS streaming, online, more

Posted Jul 5, 2011 at 2:30PM EST by Carl B Listed in: Wii U Tags: Nintendo, Reggie Fils-Aime

Will Wii U stream to 3DS? How robust will the online be? Find out in this recent interview with Reggie Fils-Aime.


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Minecraft Beta 1.6 changelist revealed, trailered

Posted May 25, 2011 at 3:24AM EST by Ryan F. Listed in: PC Gaming Tags: markus persson, minecraft, mojang ab, patch

The long awaited Minecraft Beta patch 1.6 is all set to release later this week, and to give you a glimpse of the upcoming changes and improvements included in the update, Notch has posted the hefty changelist that is sure to keep you excited.


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Apple defends iOS developers from patent firm's licensing claims

Posted May 24, 2011 at 12:54PM EST by Karl B. Listed in: iPad, iPhone Tags: apple, lodsys

Apple's legal team fires a salvo against the Texas-based patent licensing firm's threats on iOS developers.


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PoV: Portal 2 review

Posted May 20, 2011 at 5:30PM EST by Carl B Listed in: PoV Tags: portal 2, Steam, valve

Valve released Portal 2 on April 19, 2011, on PC, PlayStation 3, and Xbox 360. How does it stand up to its predecessor?


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TNA Wrestling Impact enters the mobile ring

Posted May 19, 2011 at 2:30PM EST by Carl B Listed in: iPhone Tags: android, Namco Bandai, tna wrestling impact

Namco Bandai announced today that TNA Wrestling Impact is now available on mobile devices.


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Lions acquires In-Win studio

Posted May 12, 2011 at 12:30PM EST by Carl B Listed in: PC Gaming Tags: counter strike, in win, lions

The Lions organization proudly welcome award winning Taiwanese manufacturer of professional computer chassis, power supplies and digital storage devices – In-Win – as a partner and sponsor.


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Xtreme Sleeve Protects your iPad from an Airplane drop

Posted May 1, 2011 at 6:44AM EST by QJ Staff Listed in: Tags: apple

You have probably got yourself a brand new iPad and are wondering what to do next. While there are some people who moan and groan at the thought of accessories, there are some others who cannot live without them. However, the majority of people generally have a protective case for the iPad and or the iPhone.


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iPhone Bluetooth Accessories: Part 1

Posted Apr 25, 2011 at 4:07AM EST by QJ Staff Listed in: Tags: apple, Bluetooth, ios

If you own an iPhone, you are certainly going to be keen on getting equally good accessories for it. With an iPhone, you have a plethora of options that you can choose from especially when it comes to accessories. These iPhone accessories come in different shapes and sizes and are designed to meet various needs. Among the several categories of iPhone accessories, the Bluetooth accessories can be quite a liberating experience and investment.


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iPad App Review: FileBrowser

Posted Apr 18, 2011 at 2:26AM EST by QJ Staff Listed in: Tags: apple

Let us introduce you to a ‘relatively' cheap app for your iPad which will allow you to connect to your computers and also share folders and network drives efficiently.


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iPad 2: Which Accessories Work? Part 1

Posted Apr 14, 2011 at 8:16AM EST by QJ Staff Listed in: Tags: apple

Many of us have several Apple iDevices in the form of iPhone's, iPod Touch's or even iPad's. With the launch of the iPad 2 I am sure there are many of us who are looking forward to or have already got hold of it. What's the next thing you do after buying an iDevice? Buy accessories for it of course.


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StarCraft II patch 1.4.11 incoming

Posted Apr 4, 2011 at 4:30AM EST by Ryan F. Listed in: PC Gaming Tags: Blizzard, games for windows, patch, pc gaming, starcraft ii

Blizzard has revealed the upcoming StarCraft II: Wings of Liberty patch 1.4.11 which promises to "dramatically change the StarCraft II battlefield forever."


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Customers Line Up for the Verizon iPhone

Posted Feb 9, 2011 at 10:54PM EST by QJ Staff Listed in: Tags: apple, ios, news, Verizon wireless

The big day is finally here, and the Verizon iPhone is available to everyone. Well, at least everyone who's willing to stand in line and wait.


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