In a bid to remain independent, Yahoo plans to reject Microsoft Corp.'s unsolicited takeover offer, according to reports on the Wall Street Journal's web site.
Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.
Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.
you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)
I can tell people like you are an absolute minority..
If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.
Too expensive hardware when others offer the same or more for less? Good work, Green Team.
"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."
That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.
Activision: "we gonna need a bigger rucksack/backpack please"
Microsoft: "why's that"
Activision: "to carry yo' weak ass'
Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk
It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.
tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.
yay!
:/ not really sure why Microsoft wanted Yahoo.com Is ad revenue that profitable?
hah! I knew this was going to happen... I purchased like ??? yahoo shares at the news that microsoft may buy them... stocks went up... then It make sense that it would take a long time to even be approved ... and it may never be allowed since so many strong names like Google are against it which can slow the process.... so I sold... make some $$$... if you own yahoo stocks... and you don't want to lose money sell them... they will be worth what they used to before the bid.... which is $10+ less than today. And that's where is going once people know that the are rejecting it...
sharebuilder marketed grade this stock to D-(Sell) from B+(Buy) after this...
Now Yahoo is worth nothing... they will continue to bleed marketshare to Google until they are forced out of the industry...
Last time I checked Microsoft lost half a billion dollars on MSN last year while Yahoo made quite a lot of profit. Yahoo does not need Microsoft to survive, and they SHOULD reject this deal.
I use Yahoo about as much as I use Google, so I'd be pretty ticked if Microsoft started screwing things up on the Yahoo side.
some yahoo employees are still in trouble because Yahoo is going to have to downsize to cut COST, like most do.
It's either that or re-energize their business to compete with google, or buy other small companies that can make them stronger.
Now if this deal would of gone through, it just means much more would of lost jobs with MS take-over, but hey that's just business.
Either way, Yahoo is still exacerbating their options on what to do...Tough times ahead.
MS is in this to compete, when it feels threatened, then again weren't they saying Goggle has slowed down a bit. I wonder what investors are thinking on the yahoo side..44 blil