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Billionaire Carl Icahn buys a bunch more Take-Two stock

In a move drawing lots of interest on Wall Street, financier Carl Icahn has increased his ownership stake in troubled Take-Two Interactive from 2.5 percent to 11.3 percent.

Icahn has a history of pushing for either change in or the outright sale of companies he invests in. This has increased speculation that Take-Two will be up for sale in the near future, and as a result the company’s shares shot up 10 percent after word of Icahn’s purchase got out.

Despite hit franchises such as Grand Theft Auto and Midnight Club, Take-Two expects to report its second consecutive annual net loss in fiscal year 2010. Industry insiders are openly questioning the company’s management structure. The recent admission of Take Two CEO Ben Feder that the company he feels the company mishandled the release of downloadable GTA expansions will do little to restore faith.

Test Midnight Club: LA downloadable content potentially dangerous to save files

Early today (January 13, 2008) downloadable content for Midnight Club: LA accidentally found its way onto the Xbox Live Marketplace. The content was being tested when the leak occurred and isn’t completely ready to be played just yet. The problem is that the download could corrupt your save files and force you to start all over again.

If that wasn’t bad enough, the achievements that come with the DLC don’t even work. The content in question is presumably the South Central Upgrade Pack that was announced mid-December 2008. It will provide…