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Switch emulator Yuzu shuts down as creator agrees to pay Nintendo $2.4m
(www.eurogamer.net)
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That's why Sega was so notorious for shutting down fan projects as well in the past (they have since softened their stance however, provided projects are non-commercial), although I don't think it's the entire story. Sony lost against the groundbreaking Bleem! emulator back in the PS1 days and I'm not aware of them being litigious in this regard since.