May 19, 2024 Last Updated 09:28 AM EDT

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Games/Entertainment

GameStop’s Stocks Drop by 26% After This Week’s Mass Stock Market Move

GameStop plummeted 26% on the stock market on May 17 after a week-long attempt to sell up to 45 million shares.

Take-Two Announces GTA 6 Release Date, Stays Mum on KSP 2 in Latest Earnings Call

Take-Two Interactive has announced that Grand Theft Auto 6 would be released by late 2025 in its latest earnings call, but denied reports about further Kerbal Space Program 2 upgrades and developments..

Las Vegas’ Renowned Mirage Hotel-Casino Is Closing, Transforming Into Luxury Hard Rock Hotel

The Las Vegas Strip's Mirage hotel-casino will close in July to become a luxury Hard Rock hotel...

Netflix Boasts 40 Million Users Subscribed to Ad-Supported Tier, Reveals Plans to Develop In-House Ad Tech Platform

Netflix reports 40 million monthly users of its ad-supported service, with the ads chief stating that the firm is creating its own platform for ad solutions...

Sony Appoints Hermen Hulst and Hideaki Nishino as New PlayStation CEOs

Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs ...

Microsoft to Roll Out Its Mobile Game Store in July to Compete With Apple and Google

Microsoft has announced that it will launch its own mobile game store ...

Latest News

California-based virtual gaming startup Cloud Party to close down after being acquired by Yahoo
After two years of operation, California, US-based virtual gaming startup Cloud Party has been acquired by Yahoo for an undisclosed amount and will shut down on February 21, 2014.
Chicago startup WebCurfew creates device to help parents control kids' Internet usage
Chicago, US-based startup WebCurfew created a device that helps parents monitor and control their children's online usage through an on/off switch for individual devices from their home's router.
UK's Channel 4 gears up for $33M indie growth fund
UK-based media firm Channel 4 (C4) is getting ready to launch a $33 million (£20 million) growth fund that will be invested in various indie production companies in the country.
Two Las Vegas casinos will start accepting Bitcoin
The D and the Golden Gate casinos in Las Vegas, Nevada will be accepting Bitcoins to pay for goods and services beginning on Wednesday, January 22, RT reported.
San Francisco's HiddenRadio takes crowdfunding path for second model of Bluetooth speaker
San Francisco, California-based firm HiddenRadio launched another crowdfunding campaign on Kickstarter to add new features to HiddenRadio 2, its second model of impressively-designed $119 Bluetooth sp
Gambling revenue at heart of Detroit's bankruptcy plan
For Detroit, the road in and out of U.S. bankruptcy court is paved with casino money.
Washingon gaming firm Valve expects virtual reality to flourish in two years
Michael Abrash, virtual reality researcher at Washington-based gaming firm Valve, said he expects amazing and consumer-friendly virtual reality products to be on launched on the market within two year
Paramount Pictures to go solely digital in movies- sources
Industry insiders told the Los Angeles Times that Paramount Pictures will be retiring the 35-millimeter film and will be distributing movies in the digital format.
NBC Universal picks up minority stake in Canadian TV producer Lark
New York, US-based media firm NBC Universal International Television Production picked up a minority stake in Vancouver, Canada-based independent TV producer Lark Productions for an undisclosed amount
Israel's PowerUp Toys raises over $1M for smartphone-controlled paper plane
Tel Aviv, Israel-based startup PowerUp Toys raised over $1 million via crowdfunding platform Kickstarter for a smartphone-controlled paperplane, with still eight days to go for the campaign.

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SWITZERLAND-DAVOS-SUMMIT-POLITICS-ECONOMY

EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report

2

Elon Musk Kills Twitter Site as He Confirms Domain Transition to X.com Is Now Complete

Elon Musk Kills Twitter Site as He Confirms Domain Transition to X.com Is Now Complete

3

Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About HIs Conduct

Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About His Conduct

4

Apple May Release Slimmer iPhone by 2025 in 'Major Redesign'

Apple May Release Slimmer iPhone by 2025 in 'Major Redesign'

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IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes

IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes
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