Investors in Microsoft are grumbling that their company already has poured too much money into online efforts with few rewards. The online division's annual operating losses top $700 million, and revenue has increased little in two years.
Financially, Microsoft has coasted for more than a decade on the strength of just two pillars, Windows and Office, which generated more than $22 billion in profit last year even as its other divisions posted a collective loss. The company has pumped that cash into new products on many fronts.
It has chased consumers with the family of MSN services, spending a fortune on search technology to compete with Google, and with the Xbox console and video game titles that have eaten up more than $6 billion. It also developed the Zune media player.
Although the Xbox 360 has become the best-selling next-generation console, Microsoft's gaming division has yet to turn a profit. Zune has scarcely slowed the rise of Apple Inc.'s iPod. And Microsoft's search engine is falling farther behind Google's, attracting only 11 percent of the U.S. market in August compared with 57 percent for Google, according to ComScore.
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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.
Lame: (9 minutes ago)
not gaming related.
Reported by: The Round Peg
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Is that Midol wearing off? Oh well...in the word's of the indomitable Bill Clinton, "I feel your pain.."
Wait...maybe the Oregonian is really run by Gamer/TechBlorge right? And it's a massive Sony hi-tech commercial hit team that has infiltrated local Seattle news agencies to counter Redmond with (((fake))) news and send threatning letters to Nintendo members to get them to quit the company as well, ya know - to battle the whole wii60 crowd. Hmm..right -
Moron.
microsoft has gotten nowhere with all the other projects....its only strength is windows....and soon as the shift is made for web based operating systems in 2 to 3 years...it is not very promising for microsoft.
microsoft is very desperate on the online front, they are buying things here and there but nothing big came out of it as of yet....i have heard that microsoft is in talks to buy facebook.....
do you work for Microsoft or have a partnership with them? Forget the 360 (if you can) I don't think I've ever seen anyone on this site defend the Monopoly of Microsoft as vehemently as you. There's got to more to it than just your love of the XBox imho. You have no problem with them buying their way into everything and diluting innovation, the small business enterprise mentality , and the basic tenants of responsible & fair business practices? Maybe your just a big business guy ala Wal-Mart, China-Mart; ASDA. Maybe rhetorical questions, but I would really like to know.
there just copying products that are all ready successful and trying to beat them at there own game which is never a recipe for success
but in saying that there going into proven markets and are looking for a piece of the action
ms may never out-do these products but one can only try and one day they might get lucky
when you have this much money why not take a few risks, windows aint going to collapse over night and they will still have plenty of money for a few years yet
I think it serves MS well. I mean they are always using sneaky tactics remember how windows was born?, (any apple enthusiast will tell you about it), how they tried to block the Java Virtual Machine from being run on windows, how they tried to steal Java from sun (J#...lol), bundling IE with windows, let alone Windows Media Player...releasing buggy software/hardware!!! I mean enough is enough...and consumers sooner or later will notice how bad some of their products are (not all). The only thing that I really thank MS is the creation of the XMLHttpRequest object, but even then, I don't like their software, I don't like windows (even though I use it sometimes), but I am glad that giants like Google and Apple are gaining more and more momemtum since I completely like their ethics. But at then end, everything is business, so....