May 19, 2024 Last Updated 08:57 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

Hong Kong toy maker Roam & Wander closes new funding round for US expansion
Hong Kong-based children's entertainment startup Roam & Wander successfully raised an undisclosed amount of funding from Hong Kong and Taiwan angel investors as it prepares to expand its US retail ope
Spain's Codere seeks creditor protection amid €1.27 billion debt restructuring
Codere, a Spanish gaming group with €1.27 billion of debt as of last September, is seeking creditor protection and beginning talks to avoid insolvency. Codere may be unable to pay a €127 million loan
New Zealand's Old Ghost Road cycle trail receives $800k funding for completion
The Old Ghost Road cycle trail, which is developed by Mokihinui-Lyell Backcountry Trust, received $800,000 from the Department of Conservation of New Zealand to complete the project.
Nintendo to implement temporary eShop blackout to fix merger and high traffic woes
Japan-based gaming company Nintendo will temporarily take down its eShop for 12 hours beginning 4:00 pm Eastern Standard Time to remedy high traffic and merger issues, according to The Next Web.
Shareholders to give Time Warner Cable the will to reject Charter Communications' $62B offer
Time Warner Cable's 462% total returns may help convince its shareholders to reject Charter Communications' $62 billion offer or to not press for a sale. Time Warner Cable is seeking a takeover bid of
Caesars Entertainment agrees to buy Atlantic Club's non-gaming assets in bankruptcy auction for $15M
Caesars Entertainment has confirmed its acquisition Atlantic Club's non-gaming assets in a bankruptcy auction, with the deal set to be completed after the club closes on January 13 next year.
Paddy Power expands in Ireland by buying nine Hacketts bookies
Ireland-based gambling group Paddy Power has expanded the number of its outlets in Ireland through the purchase of nine bookies from Hacketts for an undisclosed sum.
William Morris wins takeover bid for IMG -sources
Sources on Tuesday told the New York Times that William Morris Endeavor Entertainment has won the auction for sports and media talent agency IMG Worldwide. With a $2.3 billion offer, WME beat two othe
AMC sells IPO shares at discounted prices amid its slow growth
AMC Entertainment Holdings Inc is reportedly selling the shares it is offering in its initial public offering at a discount, which would value the cinema chain 7.2 times bigger than its estimated earn
Weinstein brothers, Miramax to co-produce films and TV shows
The Weinstein Company and Miramax Films said in a joint statement that they have entered a multi-year deal to co-produce films, TV shows and live stage shows to be released in the United States and in

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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

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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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