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Nalezeno "business finance": 332

Xbox Game Pass Makes $5 Billion As Microsoft Reports Massive Growth


Microsoft has announced that Game Pass has hit almost $5 billion in revenue over the last fiscal year, with 500 million active users. In fact, the whole of Microsoft has just reported annual revenue of $76.4 billion, up 18 percent on the previous year. These figures are being announced less than...

VTuber CEO Admits To Spending Charity Money As Agency Implodes


Earlier this week, popular VTuber Ironmouse accused talent agency VShojo of failing to pay out money she was owed, including over $500,000 for charity as part of a record-breaking Twitch subathon last fall. Now, VShojo has revealed it’s shutting down after failing to raise more investment funds...

Report: Xbox Bracing For Another Mass Layoff


Microsoft’s gaming business is seemingly in for another round of mass layoffs. The fresh cuts would be coming just as Xbox seems to be in full retreat from its long-standing console hardware business as it invests more in Windows gaming and bringing first-party exclusives to PlayStation 5. Read more

The WB Discovery Merger Failed, And Now It's Splitting Back Up


About three years ago, two large media companies—Warner Bros. and Discovery Inc.—merged into one much larger company, WB Discovery. Then that company made a bunch of bad decisions, racked up a ton of debt, made everyone angry, and is now splitting up again into two new companies that will likely...

GameStop Just Bought Half A Billion Dollars Worth Of Bitcoin


Video game retailer and Funko Pop depository GameStop has announced that it has purchased over 4,500 Bitcoin. It’s estimated that the company spent at least $500 million on the cryptocurrency transaction. GameStop stock dropped as a result of the news. Read more

The Wait For Battlefield 6 Won't Be Much Longer With Full Reveal This Summer


We’re now almost four years out from the troubled launch of Battlefield 2042, making it the longest gap between new entries ever in the multiplayer shooter franchise’s history. But Electronic Arts promises fans won’t have to wonder what’s next for the future of Battlefield much longer. Battlefield...

Fandom Blows Up Giant Bomb


Giant Bomb’s future is uncertain following a showdown with parent company Fandom, which also owns GameSpot, over editorial interference. Creative director Dan Ryckert announced on a recent livestream that he would no longer be appearing on the Giant Bombcast and co-host Jeff Grubb confirmed...

Switch 2 Preorders Are Live And Pure Chaos


Switch 2 preorders went live online at 12:01 a.m. ET and were every bit the mess some fans feared: pages timing out, error messages that weren’t real, and email cancelations being received just moments after it seemed like orders had gone through. There must be a better way to do these. Not in time...

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