eurogamer.net

AgentGrimstone, do gaming w Twitch "isn't profitable" admits CEO, in wake of recent layoffs

Maybe he should take a big pay cut if he’s doing that bad a job

bigkahuna1986,

Is our business plan out of touch?

No, it’s the employees who are wrong.

Binthinkin, do gaming w Twitch "isn't profitable" admits CEO, in wake of recent layoffs

Get a better CEO then.

thorbot,

Idk that homeless guy looks like he’s got it figured out!

RaoulDook, do gaming w Unity bosses sold stock days before controversial repricing announcement

In the USA that would most likely fit the textbook definition of Insider Trading, which is bigly illegal

Cavemanfreak,

I don’t think it’s that black and white, since he apparently has sold stock steadily through out the year (and hasn’t bought any at all).

Beardliest,

I think that makes it worse. It’s obvious that he was doing that with this change in mind. Especially if he didn’t buy any over that period.

Szymon,

It only looks like insider trading if you forget the definition of insider trading and only read a headline curated to ignore the important details that show small, consistent sales across time regardless of company activities.

RaoulDook,

Well yeah of course I didn’t read the article. I don’t give much of a fuck about it. I took the headline at face value (“sold stock days before announcement”) and fired off my Lemmy content into the ass crack of this butt land. You’re welcome.

givesomefucks,

What?

Insider trading is the trading of a public company’s stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company

en.m.wikipedia.org/wiki/Insider_trading

teawrecks,

CEOs have to schedule their sales many months ahead of time. Also, it was 2000 shares, which is peanuts.

The article is focusing on this guy because people know who he is. Instead, they should be focusing on the board members who sold tens of thousands of shares right before the announcement. From Kotaku:

Tomer Bar-Zeev, Unity’s president of growth, …sold 37,500 shares on September 1 for roughly $1,406,250, and board director Shlomo Dovrat, who sold 68,454 shares on August 30 for around $2,576,608.

Source

That is way more sus.

Also, I actually didn’t know this until yesterday, but CEOs are also permitted to buy shares of their own company, so long as they clear the purchase with the SEC. But that would indicate they’re optimistic about their company…

givesomefucks,

CEOs have to schedule their sales many months ahead of time

As opposed to stuff like this, where they came up with it yesterday afternoon, right?

If they planned this change and the sale both months ago, what does it change? They scheduled the sale days before the change was answered.

What’s hard to understand here?

wintermute_oregon,

It’s actually common for ceo to buy shares to show they have faith in the company.

It’s like a sale. They have to plan it in advance to clear the insider trading rules.

My previous company the ceo bought several million dollars of shares during the early COVID dip. It was to show he had faith in the company.

It’s why it has to be clear to make sure it’s not manipulating the market since it sends a strong signal to everyone.

Sabata11792,
@Sabata11792@kbin.social avatar

Slap on the wrist fine at most. The rich don't have laws.

Guntrigger,

He sold over $2mil, so maybe about $20k is fair.

MisterD,

They should loose half of the shares, at a minimum.

simple, do games w "Official" Russian Military game depicting invasion of Ukraine released on Steam as Yunarmy propaganda

Politics aside, this is just Door Kickers with russian AI images all over. At least be creative when making propaganda.

ChicoSuave,

The last time a Russian had a cultural achievement that impressed the world they had a tsar. There is nothing worthwhile coming out of Russia anymore.

grue,

Nah, the last time they did that was 1985, when Tetris came out.

RowRowRowYourBot,

Tetris is great and Nightwatch/Daywatch were fun movies to watch. The subtitles were dome in such a unique way that made the experience more compelling.

P1nkman,

Great movies, and so were the books they’re based on.

ChicoSuave,

Nightwatch was fine. Daywatch not so fine.

Tetris slaps. But that was the last time Russia added to human culture

pandamac,

A tsar? What? I’m not even defending the USSR, but there were great cultural achievements coming out of Russia and the larger USSR, both critical and propaganda, in literature and film.

NigelFrobisher,

Tatu were pretty good.

Churbleyimyam, do games w Devs should not be "forced to run on a treadmill until their mental or physical health breaks", says publisher of Manor Lords, citing how gamers seem to be trained to expect endless content work now

Spend years releasing unfinished and incomplete work.

Gamers expect work to be unfinished and incomplete.

🫵

aluminium, do games w Halo: Combat Evolved remaster reportedly in the works, being considered for PlayStation release

Bruh, another game that has been remastered in twice.

littletranspunk, do gaming w The Day Before developer resurfaces to blame failure on "hate campaign"

Does… Does he not know people recorded themselves trying to play?

navi, do games w Microsoft expected to finally buy Activision Blizzard next week
@navi@lemmy.tespia.org avatar

One good thing to come of this (hopefully) is the chance to clear the C Suite people from AKB. I hope all of the AKB employees get what they deserve, which is a new set of higher ups that aren’t sexist dickbags.

Xanvial,

Why do you assume the higher-ups will be gone? Bethesda’s C level seems unchanged

520,

Bethesda's C level doesn't threaten to seriously damage Microsoft's image. ActiBlizz's C level tolerated and encouraged sexual assault.

Okalaydokalay,

Did they really encourage it? Genuinely curious as I never heard that before, but that’s wild if true.

Spellinbee,

Encouraged may not be the right word, but they allegedly knew and not only didn’t not care, but tried to hide issues from the board of directors. Plus the CEO literally threatened to kill his assistant.

gamingbolt.com/activision-blizzard-ceo-bobby-koti…

520,

I would say willfully and deliberately turning a blind eye and making sure there are no negative consequences, letting him get what he wants from it is encouragement

ryathal,

That’s true, tolerating sexual assault is one of the few things dangerous to them.

Dark_Arc,
@Dark_Arc@social.packetloss.gg avatar

Exactly what I’m hoping for.

Kushan,
@Kushan@lemmy.world avatar

That’s literally the only reason I’m supportive of this. Super mega corporate mergers are usually bad for consumers, but those fuckwits are so much worse.

ono,

AKB

What’s that K for?

menny,

King, who makes candy crush and other mobile games

ono,

I thought King was a subsidiary, rather than part of the parent company’s name. Has that changed?

daithi,

King

DietBajaBlast,

Those c suite folks are about to make mega bank. This liquidity event will let them cash out all their stock options. I have experienced it.

Sanctus, do games w Unity bosses sold stock days before development fees announcement, raising eyebrows
@Sanctus@lemmy.world avatar

record scratch I-I-I-Insider trading!

vlad76, (edited )
@vlad76@lemmy.sdf.org avatar

We’re bored of this business. Let’s just suck it dry, let it whither away, and take our money elsewhere.

Customers…? Who?

Sanctus,
@Sanctus@lemmy.world avatar

Curse spreaders, rich and bored.

leavemealone, do games w $80 for Borderlands 4 too costly? Randy Pitchford says, "If you're a real fan, you'll find a way to make it happen"

Too much games to play on the market to justify the urgency to buy it at release for 80 bucks. they now compete with free to play, gamepass, Indy games, piracy, and tons of past games with lower cost.

The fomo of newly released games is low when most games are released in shitty state and need 1/2 months of patches/fixes and that’s not even taking in consideration that the best experience is when all the dlcs are released and make the game finally complete.

The AAA industry is fucked. In a world where quality games are released each weeks they are often but even the best way to have fun with our limited time, like tepid Ubisoft games…

WarlordSdocy,

Yeah I’m really starting to feel like we’re gonna see a lot of these companies shift from doing big AAA games to instead publishing small indie games. Almost all of these big companies have indie publishing arms now and as they start to see good profits from those without having to take on the cost of paying devs themselves I wouldn’t be surprised if they start cutting back on their own dev teams and shifting to that.

leavemealone,

Honestly I am all for if it means that we get original games again from big studios, I can’t get hyped anymore for yet another sequel or remaster.

Cethin,

Honestly, in my opinion, there’s too many games to justify buying it at all. I enjoyed one and two when I was a kid, and there wasn’t competition for the genre. Three I think was free on Epic or something, so I played and it was fine, but not great. I don’t expect much from four, and there’s companies I’d actually like to support instead.

leavemealone,

I can’t tell you exactly why, but as much as I played and replayed borderlands 1&2, the third one didn’t interest me at all, I can see that the recipe used the same ingredients but it just didn’t taste the same to contribute the metaphor. It just bored me and my wife during our coop campaign, and we didn’t have any desire to continue our playthrough. I hope they get it back with four but I don’t trust them enough anymore to buy it blindly anyway.

Cethin,

I don’t know if there’s even anything to get back. Is it that 3 was bad or is it just that Borderlands doesn’t interest us anymore? I honestly don’t know, but I think it’s at least partially the latter for me. I’ve played much better games since, and I don’t really find that formula appealing anymore. Almost everything it created has been used to make better products since, so is there even a reason to care about them anymore?

unknown1234_5, do games w The Elder Scrolls 4: Oblivion Remaster is real - Eurogamer
@unknown1234_5@kbin.earth avatar

they really doing anything but making elder scrolls 6 huh

ampersandrew,
@ampersandrew@lemmy.world avatar

That game only really went into production after Starfield shipped.

unknown1234_5,
@unknown1234_5@kbin.earth avatar

starfield counts as "anything but".

exu,

They need to create some new Creation Engine bugs first

psx_crab,

If you just click on the article and read the first paragraph, you will learn that it’s made by Virtuous.

unknown1234_5,
@unknown1234_5@kbin.earth avatar

I was making a joke I'm not gonna check if I'm right first

bungle_in_the_jungle, do games w Elder Scrolls Online developer votes to unionise

Why were they ionised to begin with? 🤓

drdalek,

God damnit. Well done

FenrirIII,
@FenrirIII@lemmy.world avatar

No one is positive

metallic_substance, do games w "Modding is pretty big" says Baldur's Gate 3 director as over 1m mods are installed in less than 24 hours

Does anyone have any mod recommendations?

MarcomachtKuchen,

So far the mod selection seems rather shallow but more and more are coming every day

The mystic class seems really cool

FenrirIII,
@FenrirIII@lemmy.world avatar

Wake me up when the giant breast mods start. That’s when people will truly begin modding

M137,
@M137@lemmy.world avatar

That’s been a thing since before the official mod tools.

bane_killgrind,

Halsin and Astarion would be modest Ds I think

Gale however, F minimum

Canadian_Cabinet,

Look on the main page of Nexus mods. A ton of older mods are being updated for patch 7

WadeTheWizard,
@WadeTheWizard@fedia.io avatar

Better Hotbar 2 is basically mandatory for casters. The of the Longstrider/Jump aoe mods are convenient. Kay's Hair Extensions and P4 Bangs Everywhere are nice if you really like customizing characters. I don't they've been updated to patch 7 yet, but a lot of the class/subclass mods are worth getting; Cleric Subclasses, Rogues Extra, Hexblade, Artificer. sumradagnoth8 and havsglimt on nexus mods have a bunch. 5e spells is also a must have.

TheBat,
@TheBat@lemmy.world avatar

Schlongs of Skyrim

testman, do gaming w Call of Duty: Black Ops 6 always online, including campaign, due to "continuous" texture streaming

Will it have any fallback systems so that it remains playable even when servers go down?
if not, it is another candidate for stopkillinggames.com

teawrecks,

Pretty sure basically all PC games in the last 20 years are candidates, it’s just a matter of time. I was surprised how many big titles from the mid 2000s are no longer playable, and you know DRM hasn’t gotten less dependent on remote servers since then.

It’s really the only argument for buying physical console games, but even then you’re rarely intended to play the version of the game that ships on the disk/cart.

echo64, do games w Xbox is still committed to making consoles, says boss Phil Spencer

The writing is on the wall here, and it’s plain to see. Also, you really can’t trust anything that comes out of Phil Spencer’s mouth.

If the goal is indeed for Xbox games to be on all platforms, then the Xbox platform is the only place they don’t make money. Super low third-party sales, zero first-party sales. Only gamepass subscription money, which can’t pay for all of their company buyouts, never mind paying off the 65 billion actiblizz purchase.

If gamepass is everywhere, then Xbox has no value to Microsoft, it only harms them.

It also exists to weaken any argument they might have to get governments to forcibly allow Microsoft stores on other platforms like the eu apple ruling.

esc27,

Windows is everywhere but the Microsoft Surface products still have value to Microsoft. Or for that matter, Steam is everywhere but Valve still made the steam deck. There seems to be some value to software companies making hardware if only to help set the tone and introduce features or ideas they hope other companies who use their software will follow.

That said, I wonder if we won’t see the Xbox brand transition to software only with a line of gamer targeted Microsoft surfaces advertised as Xbox ready.

Omegamanthethird,
@Omegamanthethird@lemmy.world avatar

Those are the standards and those products have value. Buying an Xbox when Playstation has all games for both consoles makes no sense unless you just have to have Gamepass, specifically.

ripley,

It doesn’t even matter if Gamepass or Xbox is currently profitable or not. It’s about whether it can be more profitable. They originally thought the path to that was through exclusivity - now they don’t (just as Sony changed course in regards to putting stuff on PC). Anyone who thinks that corporate decision-making is ever based on anything else is being naive.

The practical concern here for me is at what point does MS find it most profitable to stop supporting my ability to use my accumulated physical and digital xbox software. Another reason walled gardens suck.

BorgDrone,

It’s almost as if Microsoft is a software company at heart and just wants to sell as many copies of their software as possible.

dumpsterlid, (edited )

Microsoft with gamepass (and other large game companies) are trying to do the gaming industry what Spotify did to the music industry. Blow the bottom out of it, get consumers used to subscriptions where money goes to massive companies not the artists actually doing the work, and let it all collapse into a heap so execs can do whatever they want because workers in the game industry have zero leverage left to dictate a higher quality of life since the path to profit has been carpet bombed by the finance industry (you don’t want to work for Microsoft or Sony? Oh sorry yeah nobody else can make money in video games so tough luck finding a job somewhere else).

Why now? Well unlike the movie industry, video game nerds have a stunted awareness of the value of unions and worker organization so in plain daylight the rich can drive the entire industry off a cliff, fire a huge percentage of the workers and try to replace them with AI… and worst comes to worst those companies will be in a great position to demand whatever they want from the remaining human labor after the dust settles even if the AI crap doesn’t work.

Good old Disaster Capitalism.

Shadywack,
@Shadywack@lemmy.world avatar

Also, you really can’t trust anything that comes out of Phil Spencer’s mouth.

That’s really not a Phil Spencer thing, and more of a “You can tell any executive is lying, because their lips are moving” thing.

echo64,

When a nintendo executive I generally trust that theirs truth somewhere past the branding. With Phil Spencer talks I’m just assuming the opposite of everything he says. It’s a different thing, he really goes for the lies, to you, to the ftc, everyone

Shadywack,
@Shadywack@lemmy.world avatar

Satoru Iwata said they don’t do layoffs, he even took pay cuts to attempt to balance their budgets and keep people on…then he died in 2015. Now Nintendo’s credibility is in the toilet with the rest. The mistake you’re making is trusting a company with shareholders, you really need to learn how this works…executives of publicly traded companies=fucking liars.

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