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PlayStation 5 Sales Fall Short Of PS4, Even As Helldivers 2 Breaks Records
14.5.2024
Sony sold over 20 million PlayStation 5s in its last fiscal year, an impressive number that nevertheless failed to hit its original goal of 25 million, and even missed its revised target of 21 million consoles sold. The latest numbers make it clear that the next-gen hardware will probably never...
Sony Names PlayStation's New Bosses
14.5.2024
Sony has named existing company veterans Hermen Hulst and Hideaki Nishino as the new heads of PlayStation. Hulst will take over and run a new Studio Business Group while Nishino is in charge of the Platform Business Group. The division of roles replaces former CEO of Sony Interactive Entertainment...
Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit
13.5.2024
Nicolas Bonta, Bitfarms co-founder and chair, will take over as interim president and CEO after Geoffrey Morphy filed a lawsuit for $27 million in damages against the mining firm
GameStop's Meme Stock Explodes Again After YouTuber Roaring Kitty Returns
13.5.2024
It’s been three years since GameStop’s stock originally exploded during the pandemic as big-time investors capitalized on an internet feud between deep-pocketed hedge funds and very online Redditors. Now the meme stock is back for round two after Roaring Kitty, AKA Deep Fucking Value, AKA Keith...
Final Fantasy Maker Promises 'Quality Over Quantity' And Fewer Exclusives In Major Strategy Reboot
13.5.2024
Square Enix has announced that it will be moving away from releasing games exclusively to select platforms, opting instead to pursue multiplatform launches in the near-future to amplify the sales of its flagging games. It’s all part of “aggressively pursuing” a new business strategy after a...
JPMorgan reports holding shares of several spot Bitcoin ETFs
10.5.2024
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs
GameStop Wants You To Start Trading In Your Valuable Pokémon Cards
10.5.2024
The market for high-end collectibles like rare Pokémon cards has exploded in recent years, and GameStop seems to want a piece of it. The gaming retailer told some store managers this week that it would begin testing buying Professional Sports Authenticator (PSA) graded trading cards later this...
Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs
10.5.2024
The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot
In Company First, Nintendo Nominates Three Women To Board Of Directors
9.5.2024
Nintendo, founded in 1889, is perhaps the longest running gaming company around and, perhaps due to this fact, it has largely remained a boys’ club. This began to change for the better in 2020, when it nominated its first woman to the board of directors. Since then, the company has vowed to hire...
Warhammer's About To Get A Bit More Expensive
7.5.2024
Money is imaginary, and yet we imagine the worst possible version. As we all agree to pretend that swapping numbers on a computer, or paper and metal in person, makes sense as a transaction for goods, we also for some reason pretend that said goods get more expensive. As a result of this, Games...
Nintendo Finally Confirms Switch Successor’s Existence, Says It’ll Officially Announce ‘Within This Fiscal Year’
7.5.2024
Folks, it finally happened…sort of. Nintendo formally (and remarkably casually) acknowledged its successor to the Nintendo Switch, stating that it will be announced “within this fiscal year” as part of an investor meeting this week, meaning we’ll hear about it before April 2025. Nintendo president...
YouTuber MrBeast Splits From Talent Management Company: Report
6.5.2024
YouTube’s biggest creator, Jimmy “MrBeast” Donaldson, is going through some changes. A year ago, he said that the pacing of his videos would slow down as he tried out a new editing style. That hasn’t exactly come to fruition just yet, but a new Semafor story indicates that MrBeast’s desire to shake...
South Korean Tech Giants Naver, Kakao Aim to Launch Token in June
1.5.2024
The South Korean tech giants Naver and Kakao are set to finalize their blockchain merger plans with a token launch in June.
The post South Korean Tech Giants Naver, Kakao Aim to Launch Token in June appeared first on Cryptonews
Facebook Has Lost $1 Billion Every Month On VR Since June 2022
26.4.2024
Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...
Fortune favors something — Eminem takes Crypto.com mantle from Matt Damon
26.4.2024
Slim Shady was the latest celebrity to advertise “fortune favors the brave” for Crypto.com following Matt Damon’s ad spot in October 2021
Embracer CEO Is Full Of Excuses
24.4.2024
The past year or so has been a slow-moving trainwreck for Embracer Group, following the large company’s unprecedented studio acquisition spree. And, after announcing on April 22 that the company was planning to split itself up into three different companies, the CEO of Embracer is only filled with...
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
23.4.2024
The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021
Ranking Overwatch 2 Season 10's Biggest Changes
22.4.2024
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Embracer Decides To Split Up, Names New Companies Things Like 'Middle-earth Enterprises & Friends'
22.4.2024
After a year of carnage following its unprecedented studio acquisition spree, Embracer Group going back to basics and doing what it does best: confusingly re-naming and re-arranging its portfolio. The Swedish holding company is splitting itself into three new entities. The one in charge of the Lord...
Fallout’s Michael Esper Shares His Go-To Helldivers 2 Stratagems
19.4.2024
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