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Nalezeno "business finance": 257

Report: GameStop Is Going Into Crypto And NFTs


It’s not only game companies like Square Enix and Ubisoft who are getting into NFTs, game retailer GameStop is reportedly doing so, too. According to The Wall Street Journal reports, the Texas-based company is launching its own crypto division with plans to create an online NFT marketplace...

Sunday Comics: 2022


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

Roblox CEO Outed For Using Completely Legal, Completely Ridiculous Tax Dodge


Game-making platform and fledgling metaverse Roblox made the news yesterday as the focus of a New York Times report about a ‘90s era tax cut that’s spun out of control. Originally created to foster investment in small businesses, the Qualified Small Business Stock, or Q.S.B.S., exemption...

Sunday Comics: Wonderful!


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

Sunday Comics: Nice Sword!


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

CD Projekt Settles Cyberpunk 2077 Lawsuit, Will Pay $1.85 Million


This time last year a group of investors filed a class-action lawsuit against CD Projekt Red over Cyberpunk 2077's disastrous launch, saying the game was “virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs”.Read more

GameStop Pushes Employees To The Breaking Point During Holiday Rush


It’s been a gangbusters year for those at the top of the GameStop pyramid. Revenue is down and stores are closing, but the stock price continues to hover around an unprecedented $200 a share, forging gilded parachutes for its fleeing C-Suite. For many at the bottom, however, it’s been one of...

Right-Wing Group Wants Bobby Kotick Removed From Coca-Cola's Board


The National Legal and Policy Center, a right-wing organisation that “promotes ethics in public life”, has written to Coca-Cola Chairman and CEO James Quincey asking that he “immediately seek the resignation” of besieged Activision Blizzard CEO Bobby Kotick from the company’s board of directors,...

GameStop Meme Stock Villain Buys Copy Of The Constitution For $43 Million


Here are some words I never thought I’d type: the hedge fund CEO that bailed out GameStop short sellers earlier this year just secretly outbid a hyped-up bunch of crypto lords for an ultra rare copy of the original U.S. Constitution. Earlier this year, billionaire Kenneth Griffin became public...

Nintendo To Continue To Improving Switch Online Following Backlash


Nintendo doubled-down on its commitment to its paid Switch Online subscription service in its latest corporate strategy briefing with investors. Despite complaints over the quality and price of its newly added Expansion Pack tier, the company said it will continue “striving to provide services that...

A Second Nintendo Store Is Opening In Japan


While you’d think Nintendo would have a slew of official shops in Japan, the Kyoto-based game company only has one. Located in Tokyo, the store, cleverly called Nintendo Tokyo, opened in November 2019. But that is going to change because now, in November 2021, Nintendo has announced a second one....

Blizzard Is Already Losing Its First Female Studio Co-Head


Jen Oneal, who recently assumed the top position at Blizzard in the wake of a significant reckoning at the company, will step down at the end of the year, she wrote in a statement today. Her co-lead, Mike Ybarra, will take over the rest of her responsibilities.Read more

Nintendo Slashes Switch Production In Face Of Chip Shortage


The ongoing chip shortage, which has affected nearly every electronic device on the planet, has forced Nintendo to grapple with a production reduction. Nikkei Asia reports that the Kyoto-based company will make 20 percent fewer Switch consoles through the end of its fiscal year, which wraps...

Faze Clan Going Public In Deal That Is Somehow Worth $1 Billion


Fresh off a big crypto scam involving a number of its members only four months ago, Faze Clan announced today that the group is about to become a publicly traded company, meaning fans will soon be able to buy shares. Their initial valuation? Oh, $1 billion.Read more

Feds Say Man Spent Covid Loan On $57,000 Pokémon Card


Vinath Oudomsine, from Dublin, Georgia, has been accused by federal prosecutors of fraudulently applying for a an Economic Injury Disaster Loan (EIDL). The man claimed to be running a business, but reportedly spent most of the money on a rare Pokémon card instead.Read more

Nintendo Delays Advance Wars Switch Remakes Until 2022


The hottest Nintendo Switch game of the season is the latest to get hit with a delay. Advance Wars 1+2: Re-Boot Camp won’t be out until spring 2022, Nintendo revealed this morning, completely upending my holiday plans in the process.Read more

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