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20 votes
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‘Grand Theft Auto 6’ sets fall 2025 release as Take-Two posts $2.9 billion quarterly loss
18 votes -
Europe's gas supply once again hinges on one company – Equinor now plays an outsized role in the ups and downs of the continent's gas prices
3 votes -
Europe's new power map, from ASML to the Arctic – places other than Paris, Brussels and Berlin are wielding economic influence
4 votes -
Judge says up to twenty million fintech "depositors" are at risk from Synapse bankruptcy
9 votes -
Kim Kardashian: Hollywood has an unlikely, lasting place in gaming history
4 votes -
Exxon Mobil is suing its shareholders to silence them about global warming
20 votes -
Wiley to shutter nineteen more journals, some tainted by fraud
14 votes -
The economics of $15 salads
11 votes -
Apple, Netflix Amazon want to change how they pay Hollywood stars
13 votes -
Vast coin collection of Danish butter magnate L.E. Bruun is set to finally go on sale a century after his death, and could fetch up to $72 million
11 votes -
US survey shows abortion bans drive away young talent
52 votes -
Seattle’s law mandating higher pay for food delivery workers is a case study in backfire economics
18 votes -
Inside the Coyotes' stunning move from Arizona to Utah
14 votes -
California says restaurants must bake all of their add-on fees into menu prices
75 votes -
Microsoft's decision to close down Tango Gameworks, Arkane Austin and other game studios is largely motivated by the desire to keep IPs, and ensuring the studios can't work for Microsoft's competition
29 votes -
EA is looking at putting in-game ads in AAA games — 'We'll be very thoughtful as we move into that,' says CEO
46 votes -
Reddit shares soar 14% after company reports revenue pop in debut earnings report
31 votes -
The FAA investigates after Boeing says workers in South Carolina falsified 787 inspection records
50 votes -
Hey GM: If you want to beat Apple, give people the buttons CarPlay can’t
35 votes -
Stack Overflow and OpenAI partner to strengthen the world’s most popular large language models
21 votes -
Sweden has a global reputation for championing high taxes and social equality, but it has become a European hotspot for the super rich
19 votes -
California junk fee ban could upend restaurant industry
39 votes -
Georgia rocked by protests as government pushes Vladimir Putin-style ‘foreign agent’ bill
27 votes -
Sony and Apollo express interest in buying Paramount in $26 billion deal
18 votes -
Whistleblower who accused Boeing supplier of ignoring defects dies
47 votes -
Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico
52 votes -
Unity appoints former EA and Zynga executive Matthew Bromberg as its new CEO
26 votes -
A Reddit-led boycott of Loblaws, one of Canadas largest grocers, begins today
46 votes -
Take-Two publishes WARN notice about seventy layoffs and studio closure in Seattle, possibly affecting Kerbal Space Program 2 developers Intercept Games
Take-Two posted a legally-required notice that it is laying off 70 workers and closing a studio in Seattle. This is part of mass layoffs announced across Take-Two. This has also been mentioned by...
Take-Two posted a legally-required notice that it is laying off 70 workers and closing a studio in Seattle. This is part of mass layoffs announced across Take-Two. This has also been mentioned by Games Industry.biz, although without much more details than what I have here (at time of writing).
The only Take-Two studio in Seattle is Intercept Games, who have been making Kerbal Space Program 2. We also know that Intercept had about 65-70 people working there (half of which were on KSP2, half of which were on an unannounced project).
Various KSP2 devs have also posted on social media that they have been impacted by layoffs (not sure about the rules re: linking social media profiles, so I'll hold off).
We may or may not have more news in the coming days. It's hard times in the industry right now, and my heart goes out for everyone affected.
EDIT: From Game Developer:
When approached for comment by Game Developer, Take-Two wouldn't confirm whether Intercept Games has been impacted by the cuts–despite multiple Kerbal Space Program developers indicating they recently left the studio, with one expressly stating they were "laid off." A company spokesperson did, however, explain that its Private Division publishing label will continue to support Kerbal Space Program 2.
...
When pushed again on the current status of Intercept Games, Take-Two told Game Developer it has "nothing further to note."
31 votes -
Australia’s budget airline Bonza cancels flights, stranding passengers
10 votes -
Ford just reported a massive loss on every electric vehicle it sold
25 votes -
Satirical news website ‘The Onion’ sold to Global Tetrahedron
44 votes -
American non-compete clauses could become a thing of the past thanks to a new ruling
15 votes -
The Anglosphere has an advantage on immigration – English-speaking countries generally do better at both attracting and integrating talent
13 votes -
GM ends OnStar driver safety program after privacy complaints
38 votes -
Missed deadlines and tension among Taiwanese and American coworkers are plaguing TSMC's Phoenix expansion
21 votes -
The Homo Economicus as a prototype of a psychopath? A conceptual analysis and implications for business research and teaching.
6 votes -
How GM tricked millions of drivers into being spied on (including me) (gifted link)
56 votes -
How Sweden is failing its spacetechs – it's not about the budget, says one founder who moved his company to Finland
7 votes -
Spotify lowers artist royalties despite subscription price hike
50 votes -
Two SEC lawyers resign after agency censured for abuse of power in US crypto case
12 votes -
What we learned about the publishing industry from Penguin vs. US Department of Justice
38 votes -
The startup offering free toilets and coffee for delivery workers — in exchange for their data
26 votes -
Swedish gaming conglomerate Embracer Group announced plans on Monday to split itself into three distinct games and entertainment companies
24 votes -
Amazon grows to over 750,000 robots as world's second-largest private employer replaces over 100,000 humans
29 votes -
Artisan roastery based in the Finnish capital has introduced a coffee blend that has been developed by artificial intelligence
5 votes -
Sony and Apollo Management reportedly in talks to purchase Paramount
6 votes -
Finnish startup hopes solein, protein grown with CO2 and electricity, will cut environmental impact of farming
10 votes -
Kroger’s panopticon: Making criminals of grocery shoppers
37 votes -
ECJ [EU supreme court] annulls sanctions against Russian billionaires
8 votes -
Embezzlers are nice people
48 votes -
South Africa recalls cough syrup sold in at least six countries
7 votes -
How Hertz’s bet on Teslas went horribly sideways
36 votes -
US biotech executive sentenced to seven years in jail for COVID test fraud
18 votes -
New Brexit checks will cause food shortages in UK, importers warn
25 votes -
Elon Musk’s xAI seeks up to $4 billion to compete with OpenAI
9 votes -
Swedish company Scout Park has launched a mobile app where you can tip off wrongly parked cars to traffic wardens to earn money
41 votes -
Truong My Lan: Vietnamese billionaire sentenced to death for $44bn fraud
33 votes -
India’s electric rickshaws are leaving EVs in the dust
14 votes -
Airline food during the golden age of air travel
13 votes -
The Premier League’s era of vanity worship may be over but the future won’t be equal
6 votes -
Kansas bank collapse due to executive caught in pig butchering investment scam from Asia
32 votes -
Another update, our first event
Hello once again! I wanted to show y'all some pictures, because today we've hosted our first event. Check it out! Today's event is a birthday party for a little girl, her family and friends are...
Hello once again! I wanted to show y'all some pictures, because today we've hosted our first event.
Today's event is a birthday party for a little girl, her family and friends are all here setting up for a meal and they've got a neat inflatable for the kids to play on. She's turning 2 and folks decided to just go all out for it.
I wanted to share too, how this event is helping out the overall plan. The little girl's grandmother was a caterer before they moved here. She doesn't want to do catering professionally anymore, because the job wore her out. She stopped doing it after they moved, because she was exhausted. The way she tells it, it's a pretty typical story of being worked to the bone for rewards that aren't fulfilling, for a larger business that was mostly just about growth/performance. Turned her off to the whole idea, because she was sick of being pushed past her limits. We got to talking with her and shared some of our own plans - to be a local space, small scale and low key, not trying to grow super fast or get bought by something bigger.
As we shared all this I noticed her grandmother's demeanor change, what was at first a negative recollection turned into a sort of hopeful interest. Turns out she would like to do catering again, she'd just like to do it without the pressures of a larger scale business. I said at one point, that our goal was to be a good place, not the biggest business or the richest people. She gave me her number, and said to reach her whenever we wanted.
I couldn't ask for a better outcome on this one, I think. They paid early too :). Anyway, I don't have just a whole lot more to say, I just wanted to show y'all some progress since I'd already written out so much. Slowly but surely, step by step, it's working out so far. Hope y'all's weekend is good, and I hope to show you more soon!
25 votes -
Instagram generated almost 30% of Meta’s revenue in early 2022
27 votes -
Open source Minecraft mod platform Modrinth goes indie, returns funds to investors
31 votes -
EV bargains to be found as Hertz sells off some of its US electric cars
31 votes -
We need to talk about Trader Joe's
33 votes -
Lessons learned from the Google trade secret theft indictment
7 votes -
California store sells returned Amazon packages — still in the box
15 votes -
Stability AI reportedly ran out of cash to pay its bills for rented cloudy GPUs
28 votes -
“The small press world is about to fall apart.” On the collapse of small press distribution.
17 votes -
Microsoft to separate Teams and Office globally amid antitrust scrutiny, will cost $5.25/month standalone
50 votes -
Disney shareholders officially reject Nelson Peltz’s board bid in big win for CEO Bob Iger
20 votes -
Why crypto could be green power's unlikely new best friend
13 votes -
Fisker's EV prices slashed by up to $24,000, Tesla freezes them as trades
27 votes -
Discord to start showing ads for gamers to boost revenue
62 votes -
What happened when you visited a medieval inn?
11 votes -
What Boeing did to all the guys who remember how to build a plane
54 votes -
Take Two buys Gearbox and confirms development on new Borderlands game
17 votes -
Fallen crypto mogul Sam Bankman-Fried sentenced to twenty-five years in US prison
54 votes -
Lego requests California police department stop using their toy heads to cover suspect mugshots on social media
40 votes -
How the entire country of Denmark became a company town – economists warn of "Nokia-style" overdependence on a single sector with Ozempic boom
4 votes -
They grow your berries and peaches, but often lack one item: insurance
9 votes -
Ericsson will lay off about 1,200 employees in Sweden as the telecommunications company faces slowed demand for its 5G equipment
9 votes -
Germany’s solar panel industry, once a leader, is getting squeezed
17 votes -
After Appalachian hospitals merged into a monopoly, their emergency departments slowed to a crawl
40 votes -
Sam Bankman-Fried repeatedly lied to get out of “supervillain” US prison term, FTX CEO alleges
32 votes -
Borders book store | Bankrupt
9 votes -
Why do some companies borrow and others sell shares?
9 votes -
Reddit pops as much as 70% in NYSE debut after selling shares at top of range
37 votes -
Apple has kept an illegal monopoly over smartphones in US, Justice Department says in antitrust suit
95 votes -
How does Paris stay Paris? By pouring billions into public housing.
17 votes -
How to start Google
27 votes -
Report finds that financiers providing billion-dollar support for industrial livestock companies to expand leading to unsustainable rise in production
5 votes -
From ocean to plate, the female-led seaweed company Lofoten Seaweed in Norway – in pictures
3 votes -
Taps run dry in water crisis in Bangalore India. Citizens and large Information Technology companies struggle to cope.
14 votes -
Why are there so many car washes?
24 votes -
How TV went from bad to great
9 votes -
Any friendly entrepreneurship communities that aren't rotten with the whole "grindset," hustle culture stuff?
I've always been interested in entrepreneurship, and I think I want to get serious about doing something. I checked out the Millionaire Fastlane forums, and it's just completely saturated with the...
I've always been interested in entrepreneurship, and I think I want to get serious about doing something. I checked out the Millionaire Fastlane forums, and it's just completely saturated with the whole "grindset" BS. I tried reading a couple of threads, and my eyes almost rolled out of my head. 🙄
I've also hung around on the entrepreneur subreddit, and it just seems like a bunch of people without much experience trading unproven advice and people trying to sell courses.
Does anyone know of a better community? I'd like to find some friendly, welcoming adults with actual experience to talk with. Are entrepreneurship and hustle culture always a package deal?
34 votes