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TemplaerDude, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

Ubisoft is a textbook example of what happens when you pin your companies revenue on a small handful of IPs and milk them to the absolute fucking limit. I like assassins creed, but I’ve played enough of them for the rest of my life. Make something new my dudes.

Hawk,

They have so many great IPs that are just gathering dust or in development hell, yet they keep milking the same few games every year.

frog_brawler, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

Too late to short it I guess

lechekaflan, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading
@lechekaflan@lemmy.world avatar

For being too fat for their own good, tear the damn thing down.

https://lemmy.world/pictrs/image/8b8aa916-f253-4d29-b2d3-5344b39e2653.png

Duamerthrax, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

Ubisoft better get comfortable with not owning their own company.

Credibly_Human,

You cheer this on, but what are the odds that saudi arabia buys them up?

How many things do you want owned by the worst country bar none for human rights? (yes I am aware the US is racing to catch up, but is nowhere near as bad per capita).

Duamerthrax,

I’m not sure how much I should care. I haven’t bought a Ubisoft game in decades anyway. They don’t make anything I need, so it’s not like it’s an inconvenience to boycott.

Credibly_Human,

You don’t think the saudis having a great deal of control over the content your fellow countryman engages with has any effects you should care about?

FrostyTheDoo,

What’s he going to do to stop it? It’s not his fault

Credibly_Human,

Where did you read me saying it was their fault, or that I expected them to stop it?

I said neither thing.

All I am saying is it’s something to pay attention to, and its not good when media sources are bought by the saudis.

Why keep this in mind? In case there is ever somewhere that does make this relevant. Like maybe it should be in the eyes of the public more such that its a political talking point so regulating agencies are less happy with letting companies be sold to SA.

FrostyTheDoo,

You took a leap from someone being excited about a company they hate hypothetically being bought, down their throat because they’re not as worried as you are about the hypothetical odds of the buyer being Saudi Arabia, and what downstream effects that might have on American culture.

It’s just a weird thing to press someone on

Credibly_Human,

You took a leap from someone being excited about a company they hate hypothetically being bought, down their throat

I’m just going to stop you right there. You’re reading in a whole lot of malice into a pretty benign comment pointing out why someone might care in spite of not caring about their games.

and what downstream effects that might have on American culture.

I don’t believe any specific country was named in the context of that point. The USA was only brought up to preempt comments derailing the point of my comment by bringing it up.

Duamerthrax, (edited )

You underestimate my level of cynicism at this point. You also underestimate my disrespect for the average gamer. If they’re not lapping up one form of propaganda, they’re lapping up another.

Credibly_Human,

Absolutely the case, but we can’t throw nuance to the wind just because bad things will continue to happen. SA propaganda is definitely note worthily worse than many other forms.

Whats more, I feel that gaming generally is more focused on trying to use marketting dark patterns to encourage spending than pushing any messages typically. This makes them, in my mind, even more vulnerable as they won’t even be expecting it as their viewpoints change over time.

BarneyPiccolo,

Every now and then someone calls for a boycott, and I say that I’ve already been boycotting them all my life, and didn’t even know it.

Alternatively, sometimes there are calls to boycott something, and it turns out I’ve been boycotting them for years over some old atrocity. For instance, United Airlines gets boycotted regularly, but I’ve been boycotting them for decades, for lots of other shitty behavior (destroying guitars, beating up doctors who refuse to give up their paid-for seat, etc.), as well as having the highest fares in the business.

omarfw,

Let’s give Ubisoft to North Korea then

Credibly_Human, (edited )

That one Steam user will be hyped as fuck.

Finally, a games company that praises the glory of the regime.

Evil_Shrubbery, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

The only possible explanation is that they didn’t use enough AI.

JeeBaiChow,

To make the games, or to cook their books?

Lawnman23,

Yes.

ohlaph,

You’re correct! They should have fired at least 20% more of their staff and used AI to build everything, and not test any of it. It’s the only way.

SaveTheTuaHawk, do games w While we eagerly await the second coming of Steam Machines, it's worth remembering what a gloriously awful mess Valve got itself in over a decade ago

Netflix started on a concept of digital streaming that was impossible, so they pivoted to mailing DVDs until the tech appeared.

NotMyOldRedditName, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

I’ve never heard of this happening before? I’m sure it has, but first time for me.

M0oP0o,
@M0oP0o@mander.xyz avatar

Oh it has, but the implications become clear when you look at the ones that did. Like evergrand…

LuigiMaoFrance,

Same. Companies can just halt trading of their stock?

Hawk,

Yeah, it happens to prevent a mass sell-off because of speculation.

Even if the news is positive, postponing is enough to make people speculate, so it’s a valid reason to halt trading.

Although I doubt it’s gonna be positive news for shareholders.

Kjell,
@Kjell@lemmy.world avatar

It happens sometimes. Usually it is when there are rumors that will have a significant impact on the stock. In that case the stock can be halted until the company gives a statement about it. I’m not sure if it is the company can halt it, I think they can request it and provide information why it should be halted and then it is up to the stock exchange to determine. And the stock exchange has its own rules for when to halt the trade.

I expect Ubisoft to update during the next week or perhaps already during the weekend and then the trading can continue.

Xotic56,

Yes because its all completely fabricated bullshit.

Pretty much a scam.

Lemminary, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

I remember when Ubisoft was a logo I liked seeing on my gaming screen.

samus12345,
@samus12345@sh.itjust.works avatar

Now it just looks like a flushing toilet.

TBi,

I can never unsee that now.

samus12345,
@samus12345@sh.itjust.works avatar
Tronn4,

I hear below the equator the logo spins in reverse

samus12345,
@samus12345@sh.itjust.works avatar

https://frinkiac.com/meme/S06E16/741890.jpg?b64lines=dG8gY29tYmF0IGhvbWVzaWNrbmVzcwp3ZSd2ZSBpbnN0YWxsZWQgQSBERVZJQ0UgVEhBVApNQUtFUyBUSEVNIFNXSVJMIFRIRQpDT1JSRUNUIEFNRVJJQ0FOIFdBWS4%3D

(Side note: this isn’t actually true - toilets swirl in a particular direction based on the design of the bowl and water jets, not whether or not they’re below the equator)

JackbyDev,

I saw what I imagine is a tourist attraction demonstrating that it’s “true” but you can definitely see them rotate their arm in opposite directions. They unplug a sink that that carry across the equator.

Tigeroovy,

Yeah, it was around the time when I was excited for the Assassin’s Creed games.

PalmTreeIsBestTree,

That logo quit being worthwhile seeing 15 years ago.

Lemminary,

Yeah… I didn’t say when that was. 👴

Lawnman23,

Far Cry 1 times.

Cricket, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

Maybe the dog ate their homework?

zerofk, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

Either way, he recommended that everyone “freak the fuck out for the next few days and speculate as much as possible until they announce something,”

Advice after my own heart. Freaking out and speculating are always the best move.

ieatpwns, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

But how do the shareholders feel?

M0oP0o,
@M0oP0o@mander.xyz avatar

Like they just licked a French doods ashtray.

nuko147, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading
@nuko147@lemmy.world avatar

They should use prices of $200, 250, and 300 instead of the $70, 110, and 130 AAA reskinned games. That would work. /s

meisterah,

I like the way you think.

Charge the morons as much as they’re willing to pay!

mic_check_one_two,

They’ll sell games for 227, 375, and 510 UbiPoints^TM^. The UbiPoints^TM^ are only redeemable on their online shop, and are only purchasable in units of:

  • $10 for 50 UbiPoints^TM^
  • $50 for 275 UbiPoints^TM^. That’s 10% more UbiPoints^TM^ for free!)
  • $150 for 938 UbiPoints^TM^. That’s 25% more UbiPoints^TM^ for free! Our best deal ever!
nuko147,
@nuko147@lemmy.world avatar

Why not make it a Gatcha game too? You use points and you have a chance to win a good game with every use.

SuperSpruce,

No no, sell them for 376, 554, and 732 UbiPoints^TM^. Gotta buy that extra pack.

dbtng, do games w Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading
@dbtng@eviltoast.org avatar

The only games in my Steam library that I can’t play are Ubisoft.
Fuk Ubi. Forever. I would be happy if they went under.

mirshafie,

The Sands of Time series and Beyond Good and Evil are incredible, and they’re on gog. I’m thinking of getting them, but I have no desire whatsoever for anything that Ubisoft, EA or Activision makes.

meisterah,

Just emulate them.

kazerniel,
@kazerniel@lemmy.world avatar

The only Ubi game I play is Just Dance Now. Sadly I can’t think of a non-Ubi alternative to that gameplay :/

pinball_wizard,

The rabbit hole goes deep on this one.

I found it surreally hard to find new dance game - until I discovered that much of the player community had (I guess?) moved to an open source game engine called StepMania.

I play StepMania happily enough, now. It is nice how many different songs I can now add with community contributed step configurations.

bitwolf,

Oh awesome! It’s like Frets on Fire but for DDR

kazerniel,
@kazerniel@lemmy.world avatar

Hmm sadly that’s a very different gameplay to Just Dance, here’s an example. In JD they record dancers with motion capture, and you need to follow that choreography, while the game tracks your accuracy with a phone, console controller, or camera.

So it needs a bigger production team than FLOSS indies can probably manage :c

lechekaflan, (edited )
@lechekaflan@lemmy.world avatar

The Nestle of video games. Because just like the food empire it never got flagged by the EU for overreach.

Fmstrat,

Nintendo would like a word.

Harkronis, do games w While we eagerly await the second coming of Steam Machines, it's worth remembering what a gloriously awful mess Valve got itself in over a decade ago

And what Valve will get themselves in again if they do not price this right.

Consoles are essentially time-based luxuries because the hardware and technology can be obsolete within 1 - 2 years at a given. That's why consoles remodel themselves after awhile to extend their life.

Valve seems to want to give people an alternative to prebuilt machines on the market. But, if they can't price right where it'll make someone think "I can build a better PC than that" or "I can find a better prebuilt than that" then the Steam Machine was a waste of everyone's time and labor.

Should just stick to the Frame and Deck.

stoly, do games w While we eagerly await the second coming of Steam Machines, it's worth remembering what a gloriously awful mess Valve got itself in over a decade ago

Why is it necessary to go on the attack over a past attempt that didn’t work? That’s how innovation functions. Sometimes you hit the mark and sometimes you don’t, but everyone learns from the process.

barryamelton,

They get paid to spread FUD, lots of actors would prefer the current approach with Windows to continue, pcgamer included (just disable ublock and watch the advertisements they run, you will get an idea on why they don’t want a successful prebuilt).

Thank god one can see how it will work right now, just try to game in any desktop Linux, it works wonders.

A_Random_Idiot,

Cause if you dont give reality checks, you end up with shit like Theranos when idiots run wild with hype and hope, and fall to their knees with mouths wide open before even knowing WTF is going on or if it works.

krakenx,

Valve did such a good job learning from the original Steam boxes too. The controller was weird, but the best parts lived in in the Steam Deck and the new controller. The incompatibility issues with the original Steam OS showed how critical getting Proton right would be to the Steam ecosystem. Multiple hardware configurations for each SKU made it harder to verify compatibility, so now they have just 1 for each hardware type. A dedicated Steam Link box was kind of a waste, but now Steam Link works great on Android TV, Android phones, and on Steam itself. And then they built Remote Play Together on top of Steam Link, which is amazing.

Many other companies just abandoned their failures, but Valve took the time to analyze the “why” and salvage the good parts to them. No company is perfect, but kudos to them.

Squizzy,

Should I get a steam link? Not entirely sure of its purpose but those words look good

Blaiz0r,

No, you can do it with software now, even on a mobile phone, it’s just a small low powered machine that does Streaming

REDACTED,

Attack?

tonytins,
@tonytins@pawb.social avatar

The article is hardly attacking Valve. Just acknowledging how they got here with a bit of good nature ribbing. Nothing wrong with being able to laugh at ourselves.

Blaiz0r,

It worked for me, I didn’t buy a Steam Machine, but I bought a few Steam Controllers and have been gaming on Linux ever since.

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