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Nalezeno "business finance": 332

Report: Facebook Eyes ‘Zuck Bucks’ And NFTs As It Loses Users To TikTok


Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by...

GameStop Fans Dissect Chairman's Poop Tweet For Meme Stock Clues


GameStop’s most enthusiastic investors don’t believe in the dying retailer. They believe in Ryan Cohen, its tech-savvy chairman and potential savior. If you want proof of the billionaire backer’s cult of personality, look no further than his post yesterday about poop.Read more

Funimation's YouTube Channel Is Now Crunchyroll Dubs


If you’ve been looking for Funimation’s YouTube channel, you won’t find it. The channel has been rebranded as Crunchyroll Dubs. While the name has changed, what it’s offering, so far, hasn’t. Anime News Network reports that it will still stream trailers, clips, and episodes of English-dubbed anime....

GameStop’s Meme Stock Is Back With A Vengeance


People have been waiting for the GameStop bubble to pop for over a year now. Instead, the ailing brick and mortar video game retailer just posted another record week on Wall Street. Earnings are down. Employee morale is in the pits. But the company’s stock went from $78 per share last month to over...

Sony Cuts PlayStation Jobs Despite Growth


Sony is cutting up to 90 jobs from its “merchandiser” and retail marketing teams as part of a “global transformation,” according to a new report by Axios. The layoffs come despite the continued growth of PlayStation thanks to the success of the PS5, and some employees were caught off guard by...

Crypto Gaming's Biggest Success Story Scammed Out Of $600 Million


Pokémon-style NFT battler Axie Infinity was one of the biggest “success” stories in the world of crypto gaming. Now it’s responsible for one of the biggest thefts in the history of the technology. The gaming-focused blockchain Ronin Network announced earlier today that an Axie Infinity exploit...

Sunday Comics: Grandpa


Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more

Nintendo’s Reggie Kicked Too Much Ass For GameStop Suits


When former Nintendo of America president, Reggie Fils-Aimé, joined GameStop’s board of directors in 2020 the video game retailer was trading at less than $5 a share. A year later the stock was over $150 and Fils-Aimé was headed for the door. Why did he get out when things were so hot? Apparently...

Sunday Comics: Good Idea


Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more

Activision Stock Shenanigans Being Investigated By Justice Department, SEC


The Wall Street Journal is reporting that three men—Fox co-founder Barry Diller, Reggie Miller-hating socialite Alexander von Furstenberg and music magnate David Geffen—are currently under two separate federal investigations over suspicions insider trading was involved in their purchase of millions...

Pokémon Card Fraudster Sentenced To Three Years In Prison


Last year a Georgia man was charged by federal prosecutors after allegedly lying to apply for a Covid disaster loan, then turning around and spending it on a single Pokémon card. He has now admitted his guilt and been sentenced to prison.Read more

Call Of Duty Execs Accused Of Using Microsoft Deal To Line Their Own Pockets


Two Activision Blizzard shareholders have filed lawsuits against the Call of Duty publisher for making allegedly inadequate disclosures in its recent filings with the SEC about its deal to sell to Microsoft for $68.7 billion. The investors further alleged that big payouts for CEO Bobby Kotick...

Nintendo Buys Longtime Partner And Super Mario Bros. Programmer SRD


Today, Nintendo announced it’s acquiring longtime partner SRD (Systems Research and Development), a company that has helped in programming some of the company’s most iconic games, including Super Mario Bros.Nintendo acquired 100 percent of SRD’s outstanding shares for an undisclosed sum, making...

Sunday Comics: I Have No Idea


Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more

As Billions Fly, Ubisoft Analyst Just Wondering Why Nobody Wants To Buy It


With three massive game industry acquisitions this year already, everyone’s wondering what will happen to the few big publishers and studios left. Chief among those question marks is Ubisoft, the Assassin’s Creed maker currently struggling to make new hits. Amidst delays and employee frustration...

Sunday Comics: Unbearable


Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more

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