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.
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.
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
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.
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…
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.
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.
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.
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.
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
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.
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…
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.
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.
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.
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?
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.
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.
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.
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.
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.
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.
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.
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
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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