Repercussions from the recent events on Wall Street seemed to have found their next target: the gaming industry. With the market in freefall, game publishers watched as the value of their stocks plumeted. These massive market loss affected both Microsoft and Sony, and even the most prosperous of publishers.
Some of these publishers include Activision Blizzard, Electronic Arts, THQ, Take-Two Interactive, Ubisoft, and others as well. Paris-based company Ubisoft seemed to be hit the hardest of the bunch. Xbox 360 maker Microsoft saw 8.72 percent ($2.39 per share) of its multibillion-dollar market value vanish in a single day. PlayStation 3 manufacturer Sony Corp Resistance 2) shed 5.09 percent ($1.65 per share), ending trading at $30.76.
What kind of long-term effects will this have on the gaming industry? More information following the link.
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Not clicking on your article otherwise.
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EK Cooling allegedly has slipped itself into a hot soup of seemingly endless financial woes, where it has not paid its staff, suppliers, and contractors for many months as the company is facing liquidity problems and a surplus of inventory left unsold, stuck in the warehouse for a more extended period. Gamers Nexus investigated these claims made by former and current personnel, where he found trails of unpaid bills lasting as long as three to four months and unpaid raises that accumulated for almost a year.
EK Water Blocks has two entities—a Slovenian-based headquarters and a US-based subsidiary, EK Cooling Solutions. Steve narrated the series of events in detail, stating that the company was reportedly irresponsible and negligent regarding payment. Consequently, partners and employees are forced to share the burden of alleged mismanagement. It all begins with its extensive range of products, leading to a surplus of goods. EK has over 230 water blocks, 40 liquid cooling kits, 85 reservoirs, 40 pumps, 73 radiators, and 212 miscellaneous accessories.
Yes this is not about video games directly but indirectly this will impact the pc gaming/workstation space hard.
This company is massive one of two in the water cool space so if it goes poof then thousands out there have no spare parts or half built computers.
SO yeah i know not about a video game but think of it as amd leaving the pc space but this is ekwb that could be leaving water cooling in the pc space
Jayz2cents a supporter of there products also has issues
https://www.youtube.com/wat...
As someone that has built a watercooling rig. EK is big, but there's so many numerous watercooling part companies out there. EK's stuff isn't exactly amazing quality for the price compared to others either, it's just ok. Much like Corsair. The impact would be negligible long term. For perspective the majority of my parts are XSPC, at most I use EK for my gpu waterblocks and fittings. Both easily replaceable.
