GameStop continues to struggle in face of digital downloads: cuts jobs, misses earnings estimates

GameStop posted $1.79 billion in revenue for the fourth quarter, short of the expected $2.05 billion and lower than the $2.23 billion the company earned in the same quarter a year earlier. Its adjusted EPS of $0.22 per share also missed the expected gains of $0.30 per share.

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Tencent wins with merger of China's game streaming giants Huya and DouYu

Tencent currently has stakes in both Huya and DouYu and will have approximately 68 percent combined voting shares once the new firm is formed. Post-merger, Huya and DouYu shareholders will get fully diluted shares of the combined companies, with DouYu’s Chen Shaojie and Huya CEO Dong Rongjie becoming co-CEOs once... https://www.techspot.com/news/87078-tencent-wins-merger-china-game-streaming-giants-huya.html?utm_source=dlvr.it&utm_medium=blogger

Apple rejects UK's attempt to block security software updates on a global scale

Apple has taken a stance against the proposed update to the Investigatory Powers Act (IPA), which could potentially grant the UK government unprecedented control over future software updates released by the company. Cupertino contends that London authorities are seeking new veto power against updates that might interfere with investigative activities... Read Entire Article https://www.techspot.com/news/101695-apple-rejects-uk-attempt-block-security-software-updates.html?utm_source=dlvr.it&utm_medium=blogger

Epic is celebrating Sonic's 30th anniversary with a free copy of Sonic Mania

The platformer launched in the summer of 2017 as a love letter to the original Sonic games from the Sega Genesis era. It features classic gameplay with pixel-perfect 2D graphics that run at a buttery smooth 60 frames per second. https://www.techspot.com/news/90201-grab-free-copy-sonic-mania-epic-games-store.html?utm_source=dlvr.it&utm_medium=blogger

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