Tag Archives: Stadia

Bloomberg Secretive Billionaire Kenneth Dart Makes $6.7 Billion Bet on Tobacco Stocks (Bloomberg) — It took decades for sustainable investing to become mainstream, but now every week one giant investor after another announces their commitment to ESG.Kenneth Dart will not be joining that club.The billionaire is heir to a plastic cup fortune. More than two decades ago he renounced his U.S. citizenship and moved to the Caribbean, becoming the biggest real estate owner in the Cayman Islands. For… Source link

Great news for those who play games with Stadia, the streaming service from Google, the worldwide leader in searching: Google Stadia has a search function. Not yet, though. A blog post Wednesday said search would reach all players this week. But “it will make finding your favorite games much easier.” Bold statement! Here’s a comparison of Stadia’s landing page before … and after … the forthcoming change. For those… Source link

Bloomberg Credit Suisse Scandal Toll Goes Ever Higher as Rivals Thrive (Bloomberg) — In an era of prosperity for investment banks, Credit Suisse Group AG is careening from one crisis to another and then another — this time, with a $4.7 billion writedown tied to billionaire investor Bill Hwang’s trading blowout.The staggering hit — the largest yet linked to market-shaking losses run up by Hwang’s Archegos Capital Management — prompted sweeping management changes at the Swiss bank… Source link

Multiple reports have come out detailing Google Stadia’s troubles that include everything from internal struggles on the development team to “tens of millions” of dollars spent on AAA games like Red Dead Redemption 2 to development roadblocks created by Google itself. Bloomberg reported that, despite all the hype built up by Google for Stadia’s reveal, gamers around the world were disappointed. This led to a lackluster launch and Stadia is said to have “missed its targets for sales of… Source link

(Image: 505 Games) The Google Stadia version of action-adventure sandbox game Terraria is back on. According to The Verge, co-creator Andrew Spinks announced that all the previous issues he and company Re-Logic had with Google have been resolved. Thus, the Stadia port is now in the works once more. Google also confirmed in a statement to The Verge that the port is currently in development. “As you may have noticed, we had a ton of issues to kick off the year stemming from the locking-down of… Source link

Two new reports from Bloomberg and Wired have shed light on some of Google’s failures in building its Stadia cloud gaming service. The reports come just a few weeks after Google announced it would be shutting down its in-house Stadia game development studios. One key issue, according to Wired, is that Google may not have put as much investment in its internal studios as its much-hyped plans for Stadia may have suggested. Stadia chief Phil Harrison announced Google’s Stadia Games and… Source link

(Bloomberg) — Google’s streaming video game service Stadia had ambitious plans to disrupt the gaming industry, which is dominated by consoles. The tech giant had planned to pack Stadia with original content, announcing two years ago that it was hiring hundreds of game developers and starting studios in Los Angeles and Montreal. But those teams barely had time to get started before they were dismissed earlier this month as Google shut down in-house game development. From the beginning,… Source link

Bloomberg Inflation Angst Is About to Rewrite the Stock Market Playbook (Bloomberg) — For bond investors, inflation is pretty much all bad news, eating into the value of future returns. For equity traders, the tidings can be less categorically awful, given the ability of certain companies to wring profits from higher prices.While there will be plenty of stock-market casualties should price pressures perk up, history suggests the landscape isn’t devoid of opportunity. Energy shares have been… Source link

Google made the surprise announcement on February 1st that it would be shuttering its in-house Stadia game development studios. But the news wasn’t just a surprise to Stadia customers; it was a bolt from the blue for the Stadia development team, which, just a week prior, had been told that the studios were making “great progress,” according to a report from Kotaku. “[Stadia Games and Entertainment] has made great progress building a diverse and talented team and establishing a… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link