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Nalezeno "business finance": 285

Activision Says Switch 2's Power Is Akin To PS4, Xbox One


As reports that a Nintendo Switch successor is inbound become more commonplace, we’re learning more about what we can likely expect from the company’s next console. Maybe this was to be expected, but new details suggest that the performance of the Nintendo Switch 2—or whatever it ends up being...

Unity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcement


Yesterday, the cross-platform game engine company Unity announced a controversial new Runtime Fee, which would charge developers per installation for games built with the Unity engine after those games reached a certain threshold. Everyone disliked that, and Unity’s stock prices took a pretty...

Borderlands Dev Gearbox Might Be Getting Sold Off Soon


Gearbox Software, the studio most well-known for the Borderlands franchise, is reportedly up for sale as parent company Embracer Group considers options to “shore up its finances,” according to a September 11 Reuters report.Read more

Report: Nintendo Is Holding Secret Switch 2 Demos For Developers


A successor to Nintendo’s massively popular Switch gaming console has been rumored for years, but actual Switch 2 hardware now appears to be out in the wild. Eurogamer reports that Nintendo used a special version of The Legend of Zelda: Breath of the Wild to demo the new console for developers...

The Best Starfield Preorder Discount Saves You 17 Percent


Starfield launches on September 6, unless you preordered one of the special editions that gives you early access starting on August 31. But if you’re down to play on PC, you can grab Bethesda’s massive spacefaring RPG for either $12 or $17 off, depending on the edition.Read more

Report: Embracer's $2 Billion Deal That Blew Up Was With Saudi Arabia


Embracer Group, the Swedish holding company that’s been buying up everything from Borderlands maker Gearbox Entertainment to the rights to The Lord of the Rings, saw its stock plummet earlier this year when a mystery $2 billion deal collapsed at the last minute. Axios now reports that the partner...

GameStop’s Faithful Stock Fans Are Finally Having A Crisis


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...

Nintendo Is Absolutely Killing It Right Now


Nintendo dropped its first quarter financial results on August 3, with the company revealing that it’s having a record-breaking year so far thanks to The Legend of Zelda: Tears of the Kingdom and The Super Marios Bros. Movie.Read more

GTA Online Publisher Execs Get $72M Thanks To Player Spending


According to new documents, GTA, Borderlands, and NBA 2K publisher Take-Two Interactive is paying two of its top execs over $70 million this year, over twice what it paid the same executives last year. And that number could increase next year, as players continue to spend more and more on in-game...

Report: Nintendo’s Next-Gen Console To Release In 2024


Nintendo is reportedly planning to release its much desired follow-up to the Nintendo Switch in the second half of 2024. Sources aware of the Zelda publisher’s next-gen console reportedly told VGC that it would be portable, like the Switch, but most details are still snugly under wraps. Read more

Microsoft Wins Court Battle With FTC Over Activision Blizzard Acquisition


Federal Judge Jacqueline Scott Corley has ruled against the Federal Trade Commission’s attempt to block Microsoft from closing its $69 billion acquisition of Activision Blizzard until it can be fully reviewed, freeing up the companies to complete the deal before a July 18 deadline, and potentially...

Sony Won’t Share PS6 Info With Call Of Duty Devs If Owned By Microsoft


If the sale of Activision Blizzard to Microsoft for $69 billion goes through, it could have big consequences for the future of Call of Duty on PlayStation. At least that’s what Sony Interactive Entertainment CEO Jim Ryan keeps saying. In a new deposition for the current lawsuit by the Federal Trade...

Reddit Hackers Demand $4.5 Million Ransom For Stolen Company Data


The messy aftermath of Reddit’s controversial API price increase might get messier. The ransomware hacker group BlackCat, which claimed responsibility for snatching 80GB of company data in February, is now demanding the news aggregator and community platform fork over $4.5 million and rescind...

Amouranth Follows xQc’s Lead And Leaves Twitch


Kaitlyn Siragusa—you’ll recognize her as variety streamer Amouranth—is leaving behind 6.4 million Twitch followers behind to stake a new claim on livestreaming platform Kick. Like other streamers fed up with poorly communicated changes around stringent monetization rules and an uncomfortable...

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