An hysterical study released by the International Chamber of Commerce warns that 1.2 million people will soon find themselves out of work as a direct result of copyright theft.
If you want a true indication of how piracy is impacting on the games industry, you should simply look at the top three consoles.
Both the Wii and the Xbox have long been cracked wide open allowing anyone willing to have a footle about under the bonnet to download and play wallet-worryingly expensive games without contributing to the company coffers.
The Playstation3, on the other hand, resolutely refuses to give in to the hackers and crackers and, as of yet, can not be used to play pirated games.
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
Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
Oh Boy you act like piracy is the New terrorism. I believe hollywood and movies have been hacked and pirated the most of any format or indutry and after Avatar and alice in wonderland have just gross more money than most countries GDP i don't think they are going broke anytime soon.
if you want to cancentrate on Pirates you need to concentrate on the ones off the coast of Samolia, you know the ones with Guns, not computers
Actually while Piracy 'may' ruin civilization, but the 'earth' will still exist.