Oculus Rift has had its fair share of issues, and it doesn’t look like the sun is getting any brighter anytime soon for the company. Facebook, the company that owns Oculus outright could be positioning itself to perform a takeover.
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
The charity event will be streamed live from Gamescom in August.
Strauss Zelnick says price of GTA 6 is being carefully considered and that Rockstar is focused on "making the most spectacular piece of entertainment on Earth."
If GTA 6 abandons everything that made GTA 5 great, it will crash and burn right out of the gate. GTA 5 was funny and not at all PC. My worry is that they will cave to the PC crowd and ruin the vibes.
They got freaking BBLs twerking on the top of trucks for the gram, the freaking Flordia joker, and dude running down the stree in their undies and you are worried about it being 'too PC'? The internet has runied gamers. It doesn't matter how non-PC they make the game, you will all listen to the grifters telling you not to believe your lying eyes lol.
"Rockstar Games’ co-founder and former VP of Development Jamie King said he envisions GTA 6 as a game that’s “maybe not quite as edgy or quite as funny” as its satirical predecessors."
oh yeah, totally internet grifters spreading rumors...
That's part of the plan, they destroyed you but they need to destroy the shareholders? Only 1 shre holder is the true elite that don't care
Meh.., if it’s above £55 I ain’t buying it.
Rockstar are genuinely not half the company they used to be. I was a die hard GTA fan I’ve purchased every game and expansion and spin off day 1.
My opinion of GTA6 is that I can take it or leave it. Not bothered. They burnt too many bridges.
So they're actually leaving the door open for an L.A. Noire sequel? Nice!
He should just come out and say it already it's getting stupid it's going to be a 100 bucks $200 for the special edition🤡🤡; 29315;🤣♿
I won't be getting this game until I can get it for $70. SHoot, I could wait for it to be even lower. I don't need the game that badly as my backlog is still huge and I am enjoying playing other things.
When has it not been in trouble?
Well Oculus clearly has some issues. Facebook has to pay for stealing tech. They have a closed system which means they can only sell games to people that have Oculus. Other VR platforms are positioned better. PSVR has a much bigger market and has games that are mutli-VR platform. Even PSVR users using Trinus can buy some VR games on Steam. Vive obviously benefits by being linked with Steam.
Also there is much to legitimately fear regarding a 'takeover' of operations by Facebook. That doesn't sound good at all. If anything that would make Oculus worse off. It already has a stigma attached by being owned by Facebook, but if it was RUN by facebook, hard too see much that is positive with that.