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GameStop's New Billionaire Boss Calls For 'Extreme Frugality' In Email To Staff
29.9.2023
After years of pulling the strings from behind the scenes, GameStop chairman and billionaire Chewy founder Ryan Cohen appointed himself CEO of the ailing video game store on Thursday. His first email to staff, obtained by Kotaku, called for “extreme frugality” and said “time wasters” would not...
GameStop’s Faithful Stock Fans Are Finally Having A Crisis
3.8.2023
NFTs and the blockchain were supposed to take GameStop to the moon. Now the flagging video game retailer is dropping support for its crypto wallet as the Securities and Exchange Commission threatens to crackdown on the burgeoning nexus of finance, tech, and online gambling. It’s the latest...
GameStop fires CEO Matt Furlong months after axing crypto push
8.6.2023
The executive, once instrumental to the company’s NFT efforts, was "terminated" amid lackluster Q1 earnings
GameStop to drop crypto efforts as Q3 losses near $95M
9.12.2022
The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans
GameStop doubles down on crypto amid a new partnership with FTX US
8.9.2022
After launching an NFT marketplace and wallet with the help of Immutable X, GameStop is continuing its push into crypto following a partnership with FTX
GameStop Boss Celebrates NFT Marketplace Days After Laying People Off
12.7.2022
GameStop celebrated the launch of its NFT marketplace on Monday. Its Ethereum-based depot for virtually autographed JPEGs arrived just days after the meme stock giant ruthlessly laid off more employees, and based on my short tour through its website, it’s also still a little broken in places.Read...
GameStop Loses Executive, Does More Mass Layoffs Even As Meme Stock Surges
7.7.2022
A ruthless sea change is underway at GameStop. The company’s latest Chief Financial Officer, Mike Recupero, has resigned and another round of mass layoffs is underway at the video game retailer even as its meme stock continues to soar in price. CEO Matt Furlong told staff in an email reviewed...