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Crytek to shutter five of its seven studios

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Following news that months have gone by without many of Crytek's employees being paid at all, the long-time video game company has now announced that it is closing five of its seven studios. While Frankfurt and Kiev-based studios will remain, those in Hungary, Bulgaria, South Korea, China and Turkey will …

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Ex-Marks and Spencer boss pushes new money

Sir Stuart Rose was asked to leave M&S with an £8 million handshake and, at 61 years of age, could well retire to a humble Yorkshire mining town – supping bitter and regaling locals with tales of retailing wonder. But he's not doing that. In fact he's getting quite dramatic. …

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