Monday, January 10, 2022 14:11:25 UTC
Take-Two Interactive, the company behind Rockstar Games' Grand Theft Auto games, is buying Zynga, a mobile social game producer, for $12.7 billion.
Take-Two Interactive Software, based in New York, is buying Zynga for $9.861 per share, a 64 percent premium over the company's closing share price on January 7. Take-Two will pay $3.50 in cash and $6.361 in Take-Two common stock for each share of Grand Theft Auto V and Red Dead Redemption 2.(More)
#znga #zynga #taketwointeractive #gta #reddeadredemption #onlinegame #videogame
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Friday, January 07, 2022 10:40:39 UTC
GameStop is forming a division to develop a marketplace for NFTs and form cryptocurrency partnerships, lifting the video game retailer's stock by 27% in extended trading.
GameStop is undergoing a makeover, with Chairman Ryan Cohen bringing in executives from firms like Amazon to shift the company's focus away from brick-and-mortar and toward e-commerce.
Reference: An NFT is a digital asset that resides on a blockchain, which is a ledger of transactions maintained on a network of computers. The blockchain acts as a public record, allowing anybody to check the legitimacy of the NFT and determine who owns it.(More)
GAMESTOP SOARS ON NFT NEWS
Friday, January 07, 2022 10:40:39 UTC
GameStop is forming a division to develop a marketplace for NFTs and form cryptocurrency partnerships, lifting the video game retailer's stock by 27% in extended trading.
GameStop is undergoing a makeover, with Chairman Ryan Cohen bringing in executives from firms like Amazon to shift the company's focus away from brick-and-mortar and toward e-commerce.
Reference: An NFT is a digital asset that resides on a blockchain, which is a ledger of transactions maintained on a network of computers. The blockchain acts as a public record, allowing anybody to check the legitimacy of the NFT and determine who owns it.
#gme #t #msft #bby #tgt #amc #nft #gamestop #onlinegames #gaming #videogame