Fitch Ratings (a company that assesses the risk level of debt) announced today that they have downgraded several types of Sony debt to "BBB+" (the debt is still three notches above the dreaded "junk" moniker, however). Fitch also slapped a "negative" outlook on the debt, indicating that future debt downgrades are possible as "Sony's financial profile [continues] to weaken in the next one to two years."
Salman from Tech4Gamers writes "Mortal Kombat 9 revived the series from a low point after bringing it back to 2D combat. It marked a new high-point for the franchise due to its incredible roster, exciting cinematic story mode, and high-octane combat."
Shaolin Monks is a forgotten gem. I would love to see a new one, or a remake of the old.
That game was actually goated. It was the first time ever that I actually tried to get good at a fighting game. Unfortunately the online connection was so dogshit it made it hard to enjoy and eventually I gave up. Haven't really played much fighting games since.
The new unit comprises over 500 developers representing the entire World of Warcraft development team.
I used to be anti-union, it kills productivity, investment and turns product mediocre. Their games suck anyways though so what was lost? Might as well get their people paid until they are dissolved.
Unions are necessary regardless of how you feel. You know how fked the working class would be without them. As if we're not already.
No they aren’t, regardless of how you feel. Unions make zero sense for skill based labor. They are for people who press a button every 10 seconds on an assembly line. “working class” is a made up term. I don’t care about corporations or developers, I just want good games lol. Killing your incentives to appease the lowest common denominator doesn’t lead to great games imo
I wasn’t trying to be offensive if I came off that way. The Union is an old mentality and I can see their usefulness but also the danger. We’re in the age of AI and robots and skill based labor. Unions can be dangerous these days. You could replace your entire workforce in one move. Checkmate. Look to the kiosk replacing workers in the 20 dollar minimum wage era.
Well run businesses don’t need unions. If you need a Union that business won’t survive anyway. Unless it’s propped up by the government with corporate welfare (which is the real issue). If you’re not going to spend some on your workers (Amazon, Google) then your welfare is cut off. No tax breaks. All you put together don’t match their wealth and resources, the union is a traditional memory at this point and counterproductive with this new enemy we face. They need a flying elbow from the top ropes. And by “working class is a made up term” I just mean we’re not a class system and even CEO Bobby Kotick puts in a days work lol. Or did.. It’s just a vague term that doesn’t mean anything no offense lol. People say “middle class” but that can change quick right? Up or down. That’s not a “class system”.
Taking a trip back to Housemarque's forgotten platformer.
At Sony's last 12 months. Here is where its profits came from (in millions):
Electronics (262.1)
Games 74.1
Pictures 232.5
Financial Services 1,596.1
Other 137.2
Corporate (156.8)
Total: 1,620.9
98.5% of Sony's profits come from financial services. That's right. Sony isn't an electronics company. It's a financial services company that sells electronics.
Huh. That's uhh...they're a financial services company?! I don't think anyone ever realized that. Where'd you find this crazy info?
I read their quarterly financial reports for the last 12 months (4 quarters). I know they fashion themselves as an electronics company, but the source of their profits reveals a different story.
Financial Services segment engages in life and non-life insurance, Internet-based banking, and leasing and credit financing businesses. This segment also offers various financial services, including savings and loans.
Lot's of financing of their audio/video stuff probably in shops. So one can't do without the other I guess. Credit financing&leasing stuff.
But still. A junk bond it became almost dropping from 160 alltime high to 120, to under 40 dollars...