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Nalezeno "Business finance": 332

GameStop YouTuber Roaring Kitty Just Sent The Meme Stock Back Into Orbit

3.6.2024
Keith “Roaring Kitty” Gill returned to Twitter last month and sent GameStop’s stock price on its biggest roller coaster ride in years, and all with a mere series of random meme montages. Now he’s posted what might be a glimpse of his portfolio, including 5 million shares of GME, and the stock...

7 Things We Just Learned About Sony’s Big PlayStation 5 Plans

30.5.2024
Sony recently held a business briefing for investors where it painted an incredibly rosy picture around the PlayStation 5 and its future outlook. Despite recent layoffs and failing to reach its sales goals for 2023, the company seems confident that the console’s best days are still ahead. Read more

Fans Are Convinced The Dragon Quest III Remake Is Actually A Trilogy

28.5.2024
Hey, remember that Dragon Quest III remake Square Enix announced back in 2021, then never spoke about again? Well, it still exists. In celebration of Dragon Quest Day on May 27 (the day in 1986 when the first game in the series released), Square Enix finally posted a Dragon Quest 3 update that...

PC Gaming Is Growing Faster Than Consoles, Data Shows

21.5.2024
Last year saw the release of some really big and highly-rated video games. However, new data shows that PC gaming was the biggest winner in 2023, while console revenue mostly flatlined and mobile game profits dropped.Read more

FaZe Clan Gets Into Bed With Sports Gambling After Massive Member Purge

16.5.2024
FaZe Clan, the massively popular conglomerate of pro gamers, streamers, and online personalities, is trying to reinvent itself after a catastrophic IPO and recent purge of a majority of its members. It’s now partnering with DraftKings to do that, taking $11 million from the sports betting app...

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...

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...

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...

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...

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...

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...

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...

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