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Nalezeno "business2cfinance": 91

GameStop Gets Into Holiday Spirit With More Layoffs

5.12.2022
In the spirit of Christmas and the ruthless pursuit of meme stock shareholder value, GameStop carried out its latest round of layoffs on Monday ahead of its new earnings report, which is due out later this week. The cuts reportedly hit staff working on the company’s crypto push, as well as a number...

Expensive Cars Have DLC Now, And It's Taking The Piss

24.11.2022
For a few years now some car companies have been experimenting with an idea ripped straight out of video games. Someone, somewhere figured that hey, if people are willing to pay for a game then spend more money inside the game they already bought then they might do the same for cars—a far more...

Report: Legendary Sonic Designer Yuji Naka Arrested In Japan

18.11.2022
Over the past 24 hours a number of people in Japan—including a Square Enix employee—have been arrested on insider trading charges related to a Dragon Quest game announcement. Legendary Sega designer Yuji Naka is reportedly among them.Read more

PlayStation Plus Loses Nearly 2 Million Subscribers Months After Relaunch

1.11.2022
Sony’s June relaunch of PlayStation Plus doesn’t look like it’s going entirely as planned. In the Japanese giant’s latest financial report, it’s shown that since Plus launched, it’s lost 1.9 million subscribers between July and September this year. Sony’s CFO Hiroki Totoki said there “hasn’t been...

30 Million People Were Logged Into Steam Today

24.10.2022
Valve’s Steam platform launched all the way back in 2003, and for much of that time saw slow and steady growth as it grew from a place you could buy Half-Life games to the PC’s default gaming marketplace. What has happened over the last two years, though, has been incredible.Read more

$1.2 Billion Metaverse Company Boasts It Has A Whopping 8,000 Daily Users

13.10.2022
Last week, an NFT founder tweeted that the metaverse company Decentraland only had 30 daily active users, despite its $1.2 billion market valuation. After a cryptocurrency news outlet reported the numbers, this week Decentraland hastily corrected on its blog that its metaverse actually has 8,000...

Nvidia CEO Makes It Clear That High PC Graphics Card Prices Are Here To Stay

22.9.2022
If your sticker shock from Nvidia’s reveal of astronomical prices for its new 4000-series graphics cards yesterday gave you disadvantage on perception checks, I bring bad news: It’s not likely to get any better, at least as far as Nvidia is concerned. It seems team green is sticking to those...

EVGA, Popular Graphics Card Maker, Parts Ways With Nvidia In Messy Breakup

17.9.2022
And now for something that no one saw coming: EVGA, one of the most prominent third-party PC graphics card manufacturers, and a favorite brand among PC gamers for quality parts and reliable warranties backed by solid customer service, is terminating its longtime relationship with Nvidia. What’s...

Xbox Boss Commits To Current Series S/X Console Prices, For Now

16.9.2022
Sony turned a few heads when it unexpectedly hiked prices on the PlayStation 5 in the second year of the current generation of consoles. Naturally, many wondered if the same complicated economic situations we all find ourselves in would see a spike in Xbox prices as well. In a recent interview with...

G4TV Hit With Major Layoffs Less Than A Year After Coming Back

14.9.2022
At least somewhere between 15-20 staff were laid off at G4TV today, according to two sources familiar with business. The video game talk show network from the 2000s was resurrected last fall on streaming platforms like Twitch as well as cable TV, but now faces major upheaval less than a year later....

GameStop Rewards Employees For Sticking Around With 50-Cent Raise

14.9.2022
Last month, GameStop announced new stock bonuses for store managers and hourly raises for other employees. It seemed like some relief was finally coming for the staff, who have been through so much these last few years, all while watching investors profit off unprecedented meme stock hijinks. Over...

GameStop Accused Of 'Wiretapping' Customers Without Their Consent

8.9.2022
A suit has been filed in California accusing games retailer and NFT clearance house GameStop of recording conversations that customers have with the company’s support service, then sharing “the secret transcripts of those wiretaps with a third party that boasts of its ability to harvest personal...

Tencent Bets $297 Million On Assassin's Creed Machine

6.9.2022
Tencent has dumped another small fortune into one of gaming’s biggest companies. Ubisoft announced on Tuesday that the Chinese conglomerate would being increasing its investment in the Assassins’ Creed maker by nearly $300 million through an elaborate set of financial maneuvers.Read more

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