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OpinionGameStop’s Stock Can’t Save You
GameStop’s rollercoaster ride through the absurd machinery of the stock market has been fun to watch. It sent some of CNBC’s finest minds scrambling to Wikipedia to find out what Reddit is and allowed for Very Serious Thought Leaders to peddle all sorts of pet theories, like blaming GameStop’s unlikely rise on young men not…
By Ethan Gach Published February 1, 2021 -
CultureAnd GameStop’s Stock Is Still Going
A week after its logic-defying surge began, GameStop stock is still holding strong, despite more shenanigans and goofy twists, closing at $325 today. That’s higher than Facebook, Apple, and Microsoft. The bubble seems destined to burst any day now, but boosters on the WallStreetBets subreddit are continuing to hype the meme stock anyway. It’s weird…
By Ethan Gach Published January 29, 2021 -
CultureGameStop Stock Has A Terrible Day, Still Closes At The Unthinkable Price Of $200
A trading lockout on GameStop stock by a number of investing apps led to the saga’s weirdest day yet: class action lawsuits, calls for hearings on Capitol Hill, and the suggestion that Treasury Secretary Janet Yellen might need to recuse herself from overseeing Wall Street’s latest shitshow because she took speaking fees from one of…
By Ethan Gach Published January 28, 2021 -
CultureRobinhood Blocks Users From Buying GameStop Stock [Update: Will Bring Back ‘Limited Trading’ Tomorrow]
The stock trading app Robinhood is currently blocking users from buying any more GameStop stock citing “recent volatility” as its price soared from just under $20 at the beginning of the month to over $300 at the end of yesterday “We continuously monitor the markets and make changes where necessary,” the company wrote in a…
By Ethan Gach Published January 28, 2021 -
CultureNew Cyberpunk Patch Fixes The Old Cyberpunk Patch
CD Projekt Red released a patch last week that inadvertently introduced a new game breaking bug, preventing some players from finishing Cyberpunk 2077. Today it released a new patch to fix that issue, as well as address some recent problems with loot randomization. Out today on PC, consoles and Stadia, hotfix 1.11 updates the “Down…
By Ethan Gach Published January 28, 2021 -
CultureDiscord Bans r/WallStreetBets Server For ‘Hateful’ Content [Update: Subreddit Briefly Taken Offline]
WallStreetBets, the subreddit behind engineering GameStop’s record-shattering stock price surge over the past week, has been banned from Discord for hate speech, The Verge reports GameStop’s stock doubled today, rising from the previous day’s record of over $150 to a new peak of over $300 a share, all because day traders on the WallStreetBets subreddit…
By Ethan Gach Published January 27, 2021 -
CultureReport: Activision Blizzard Calls Policy To Make Hiring More Diverse ‘Unworkable’
Earlier this month, Activision Blizzard was asked to institute some version of the Rooney Rule, a policy requiring employers to interview diverse candidates when hiring, according to a new report by Motherboard. Lawyers for the massive publisher behind Call of Duty and World of Warcraft responded that such a policy would be “an unworkable encroachment…
By Ethan Gach Published January 27, 2021 -
CultureEven the White House is getting questions about GameStop. “Our economic team, including [Treasury] Secretary Yellen and others are monitoring the situation,” Psaki said when asked about the gaming store’s unprecedented stock price surge during today’s daily press briefing
By Ethan Gach Published January 27, 2021 -
CultureGameStop Stock Drama Continues As Price Soars And Hedge Fund Blinks
GameStop’s stock price continued to soar in after-hours trading last night to over $300. While many are waiting for it to come crashing back down, it might be too late for some major hedge funds. With the stock still sitting at well over $250 a share (unthinkable just last year when it was trading at…
By Ethan Gach Published January 27, 2021 -
Xbox Game Pass now has 18 million subscribers, up 20% from the fall, Microsoft announced during a call with investors today. It also said it sold more Xbox Series X/S’s than during the first month of any other console launch. The company still won’t release specific numbers though.
By Ethan Gach Published January 26, 2021 -
CultureAge of Empires II Is Still Getting New Civilizations, More Than 21 Years Later
The classic real-time strategy game Age of Empires II: The Age of Kings just keeps growing, and growing, and growing. Its latest expansion, decades after the game was originally released in 1999, is calledLords of the West and adds three more campaigns and two completely new civilizations: Burgundians and Sicilians. Out today on PC, Lords…
By Ethan Gach Published January 26, 2021 -
CultureTwo Developers Are Turning Bloodborne Into A Playable PS1 Game
PS1-style demakes are in right now. From Cyberpunk 2077 to Untitled Goose Game, idle developers have been creating low-poly homages to Sony’s first gaming console, warping modern aesthetics and sensibilities into late ‘90s jank. Bloodborne PSX is another project in that vein, but unlike lots of other demakes, its creators want to make the retro…
By Ethan Gach Published January 26, 2021 -
CultureGameStop Has Another Record-Shattering Day On Wall Street [Update: And Another One]
Update – 6:28 p.m. ET, 1/26/21: Closing over $145 after another record day, Bloomberg analyst Eric Balchunas reports that GameStop was the most traded equity in the world today. It’s even continued to rise in after hours trading, bobbling over $200. DeepFuckingValue, the Redditor instrumental to starting this whole thing, reported he’s now up $22…
By Ethan Gach Published January 25, 2021 -
Reggie Fils-Aimé, Jack Trenton, and Robbie Bach are getting together on Twitch to tomorrow to talk about the gaming industry’s past and future. The discussion between the former head Nintendo, PlayStation, and Xbox executives respectively kicks off at 6:30 p.m. ET ahead of the 2021 New York Game Awards
By Ethan Gach Published January 25, 2021 -
OpinionImpressionsCyber Shadow Is Another Fantastic Homage To Classic NES Games
What 2D side-scroller Cyber Shadow is missing in personality it makes up for with amazing visuals and action sequences that challenge your timing and reflexes without ever feeling tedious or cheap. I’ve been loving my time with its pastiche of classic NES games, even if, so far, its story hasn’t measured up to everything else…
By Ethan Gach Published January 25, 2021 -
CultureGameStop’s Stock Price Soars To New Records Because Capitalism Is A Shell Game
Struggling retailer GameStop’s stock curiously hit an all time high today. But it’s not because Sony, Microsoft, and Nintendo suddenly decided to stop selling their games digitally. And it’s not because a new set of Funko Pops has taken the internet’s imagination by storm. No, the stock price jumped to an all-time high because some…
By Ethan Gach Published January 22, 2021 -
CultureCapcom has apparently changed directions with its remake of Resident Evil 4, potentially delaying the game’s release until 2023, according to a new report by VGC. If you were wondering why it didn’t pop up in yesterday’s Resident Evil livestream, that may be the reason.
By Ethan Gach Published January 22, 2021 -
CultureHere’s February 2021’s Xbox Live Games With Gold
Perhaps to try and take a bit of the sting out of announcing that Xbox Live Gold will now cost $120 a year, Microsoft announced some pretty good Games with Gold for next month. February’s lineup is headlined by Gears 5, which is excellent and also just got a very good DLC expansion. Dandara is…
By Ethan Gach Published January 22, 2021