A legal threat from investor Mario Gabelli was a “major factor” in this week’s unraveling of Shari Redstone’s $8 billion deal to merge Paramount Global with its “Mission: Impossible” production partner Skydance Media, The Post. When Redstone made a surprise move to pull the plug on the deal this week — just before a special … Read more
In 2021, GamesIndustry.biz spoke with former PlayStation CEO Jim Ryan about his hopes for the company’s future. And he gave this answer: “I would like to see a world where the games we make on PlayStation can be enjoyed by many tens of millions of people. Maybe hundreds of millions. Right now the success with … Read more
Traders work at the GameStop trading floor on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | Reuters GameStop’s The annual shareholder meeting was interrupted by computer problems on Thursday after servers crashed under the overwhelming interest in the stream, a customer service representative … Read more
Here are the top five things investors need to know to start day trading: 1. Climbing The Fed held off, an economic report was cooler than expected, and for the most part, markets rallied. Investors were upbeat after the Federal Reserve said it had made “modest further progress” toward its 2% inflation target, despite no … Read more
Keith Gill, the meme stock trend setter known as Roaring Kitty, may have sold his recently disclosed options at GameStop amid a surge in trading, market experts speculated. Gill — who made a surprise return to social media last month after not posting anything online for years — had revealed a sizable GameStop stock and … Read more