Piracy can reduce sales revenues by 20%, a sizable loss for publishers and developers
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With Tesla's stock bleeding nearly 9% in value after yesterday's robotaxi event, Wedbush's Dan Ives believes that the event was a glimpse into the future. Ives explained his position during a talk with CNBC earlier today, and he stands out among the pack of Wall Street analysts who were left unimpressed by Tesla's announcement due to a lack of details. Ives believes that three or four years from now, yesterday's event will appear "as a historical event" since autonomy is the next leg of Tesla's story, with the firm poised to be a "clear leader in broader autonomous." Ives never [β¦]
Read full article at https://wccftech.com/wedbush-tesla-might-be-underestimated-by-40-yesterdays-event-will-be-historic-in-2-3-years/
A new Circana report highlights how the Video Game Market is currently performing. Mat Piscatella posted the results from the report on BlueSky. This report comes from August 2024, so it's slightly out of date by this point, as we are fast approaching November 2024. The report's projected U.S. total spending on video game hardware, content, and accessories fell by 7% during August 2024 compared to last year. Considering the current state of the games industry right now, this isn't as bad as it could be. The positive of the financial report is that 2024 year-to-date spending is now 1% [β¦]
Read full article at https://wccftech.com/2024-year-to-date-spending-is-1-higher-than-a-year-ago-says-circana-report/