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Nalezeno "Business finance": 285

Thanks To Hits Like Wordle, The New York Times Is Now A Gaming Company


The New York Times might be best known for its long-running newspaper. But new data shows that thanks to popular games like Wordle, Strands, Connections, and more, the Times has quietly become a video game company that just so happens to have a newspaper subscription, too. Read more

CDPR Says Cyberpunk 2077 Has Made $750 Million So Far


The redemption tour that Cyberpunk 2077 has been on since it was fixed up into a playable state has turned in some huge sales numbers. Developer CD Projekt Red recently revealed that the once-maligned-but-now-refined sci-fi first-person shooter has raked in over $750 million since the game’s...

Embracer Sells Borderlands Maker Gearbox For Less Than Half Of What It Paid


Another company has escaped the gaping, acquisition-hungry maw that is publisher Embracer Group, as Borderlands developer Gearbox Software has been sold to Take-Two Interactive. This lines up with Kotaku’s previous reporting on the matter in February, in which sources told us Gearbox was nearing...

Digital Game Sales Continue Continue Killing Off GameStop, Analyst Says


Video game and nerd culture retailer GameStop appears to be floundering once more. According to a Reuters report, the company recently laid off an unspecified number of employees after reporting a decline in earnings in the fourth quarter as physical sales fall and digital purchases rise.Read more

Sony Reportedly Halts PSVR2 Production As Headsets Fail To Sell


The PlayStation VR2 is struggling, it seems. According to a March 17 Bloomberg report, Sony has paused of the PS5’s virtual reality headset after its initial supply has failed to pick up sales momentum, resulting in an overflow of unsold stock.Read more

Oh Goody: Wendy's Is Getting Surge Pricing Next Year


Wendy’s will start experimenting with surge pricing, much like Uber and Lyft, as the company rolls out digital menus to all its United States restaurants by 2025, according to the company’s February earnings call. Under the test, burgers, Frosties, and other menu items will have “dynamic prices,”...

Here’s Why The Nintendo Switch 2 Might Not Launch Until March 2025


If it feels like you’ve been hearing a lot about the Nintendo Switch 2 recently, it’s because you have. Over the past month or so, a proverbial dam of info about the highly anticipated follow up to the Nintendo Switch has seemingly leaked, including that the console’s launch was delayed to 2025...

Embracer Cancelled Nearly 30 Unannounced Games In Just 6 Months


Embracer Group, the proverbial grim reaper of video game acquisitions, has been wreaking havoc on the studios and IP it has acquired in the past few years. From layoffs across several companies to shutting down of beloved studios like Saints Row developer Volition, and cancellations of...

Bummer: PS5 Entering 'The Latter Stage Of Its Life Cycle,' Sony Says


Sony announced its third-quarter earnings on February 14, and they weren’t exactly full of glad tidings for PlayStation fans. For starters, the company revealed it doesn’t plan to release any new titles in its major franchises for the remainder of 2024. Sony execs also said that its current-gen...

PlayStation 5 Is About To Have A Quiet Year


If you were wondering what Sony’s up to after its latest State of Play presentation didn’t have much in the way of first-party games, it sounds like there was a reason for that. It looks like PlayStation 5’s 2024 will have a dearth of first-party games over the next year, as the company...

Elden Ring Mobile Version In Development, Reports Say


With games like the Resident Evil 4 remake and Death Stranding becoming playable on iPhones, it seems like just about anything can be a mobile game these days. Even Elden Ring, developer FromSoftware’s 2022 open-world RPG, could be coming to phones. At least that’s according to a recent report from...

Meta’s Quest 2 VR Headset Is Cheaper Than Ever


First the price went up, and now, following the release of a newer headset from Meta, the very popular Meta Quest 2 has dropped to a new low of $250, making it a much easier buy for the VR-curious. Read more

Massive Game Microtransaction Company Sounds Super Shady


The live-service video game economy runs on microtransactions, and Xsolla is one of the companies that helps process them. The payment platform works with Epic Games, Unity, Roblox, and others to collect money from players all over the world. Now a new lawsuit alleges that Xsolla has mishandled...

Sony Fails To Kill $7.9 Billion Lawsuit Over PlayStation Store Prices


A lawsuit filed last year accused Sony of using its walled-garden video game platform to charge players too much in the PlayStation Store. The London Tribunal has now allowed that lawsuit to move forward, against the PS5 maker’s objections, which could result in payments to players in the UK of...

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