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Nalezeno "Business finance": 332

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

17.12.2021
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

1.12.2021
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

1.12.2021
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

20.11.2021
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

6.11.2021
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

5.11.2021
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

2.11.2021
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

2.11.2021
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

26.10.2021
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

25.10.2021
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

22.10.2021
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

PlayStation 5 Ends Switch's Three-Year Run As Best-Selling Console

18.10.2021
After almost three years as the top-selling console in the U.S., the Nintendo Switch has been ousted by Sony’s PlayStation 5. According to Mat Piscatella, an NPD analyst, the PS5 was the best-selling gaming hardware platform in both units sold and overall dollars earned in September 2021. Read more

Microsoft Makes Tentative Moves Toward Easier-To-Repair Xboxes

11.10.2021
Last week, Microsoft acceded to pressure from an investor group which advocates for “right-to-repair” policies which, if widely adopted, would facilitate independent repair of many technological devices by making things like spare parts and repair documentation more readily attainable. Though it’s...

Pokémon Is Joining Forces With Universal Studios Japan

6.10.2021
Today in Osaka, Universal Studios Japan announced it’s entering into a creative partnership with The Pokémon Company. “Universal Studios Japan and The Pokémon Company will enter a long-term partnership to jointly explore groundbreaking entertainment that will immerse guests into the world...

Capcom Plans To Make PC Its Main Platform

4.10.2021
Capcom, widely known as one of the most prominent developers of third-party console games dating as far back as the NES, appears poised to shift its focus. The company has noticed its ever-growing PC gaming audience and global sales numbers, and is planning on making the PC its “main platform.”...

Sunday Comics: No, No, No, No

3.10.2021
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

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