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X @Decrypt
Decrypt· 2025-07-12 21:05
Why are so many crypto games shutting down this year? Developers spoke with @ggDecrypt about the pressures of launching tokens and building in public, plus fading hype: https://t.co/HOMXabAiGm ...
X @CoinDesk
CoinDesk· 2025-07-11 18:45
🎮 “I believe in a future where gamers will demand from gaming companies to have the ability to own all of their own assets, to be able to get some of their time back,” says Director of Web3 @TheodoreAgranat.🎥 Watch how @GunzillaGames is leading the future of gaming where players actually own, trade, and control their in-game assets.👇[Partner Content] ...
Grok 4 Fully Tested (INSANE)
Matthew Berman· 2025-07-11 18:18
Gro 4 has been out for less than 24 hours and I have put it through its paces. I'm going to show you all the tests. Let's get right into it.So, we have two versions that we're going to be using today. We have Gro 4 and Gro 4 heavy. I tried to use the appropriate model when appropriate.I use Gro 4 heavy for the more logic and reasoning intensive task and the regular Gro 4 for others. Turns out some tests are more appropriate for one than the other. Let me show you the first one.Write Python code that impleme ...
X @CoinDesk
CoinDesk· 2025-07-11 18:08
🎮 “I believe in a future where gamers will demand from gaming companies to have the ability to own all of their own assets, to be able to get some of their time back,” says Founder and CEO @TheodoreAgranat.Watch how @GunzillaGames is leading the future of gaming where players actually own, trade, and control their in-game assets.👇 ...
X @Bloomberg
Bloomberg· 2025-07-11 17:04
"The Hundred Line: Last Defense Academy" is an ambitious, remarkable game. It also almost bankrupted the company behind it. https://t.co/kxryJJkCiF ...
'Running scared': Texas Democrat slams state GOP for considering redrawing congressional maps
MSNBC· 2025-07-11 12:36
Disaster Relief and Preparedness - Texas lawmakers will address disaster relief and preparedness in the aftermath of the flooding [1] - Texas officials had warnings of another flood in K County likely within the next year, but no action was taken despite a massive rainy day fund [4][5] - Funds passed down by the Biden administration to Kerr County were sent back, leading to underfunded National Weather Service and vacant positions that should have been alerting people [6][7] Political Implications - Texas Governor is pushing for congressional redistricting amidst the tragedy, which the Texas Democratic Party calls disgusting political gamesmanship [2][9] - The redistricting aims to take four to eight seats away from Democrats in Texas, potentially impacting the 2026 primary [11] - Republicans are allegedly using a bogus letter to claim minority protected seats are unconstitutional, potentially impacting minority districts nationwide [11][12] - The Texas Democratic Party believes the governor is scared due to Texas trending towards Democrats and the potential for Democrats to flip a United States Senate seat [13][18][19] - 1% of Democratic voters in Texas stayed home in the last election, indicating a need for the Texas Democratic Party to reconnect with its base [16]
高盛:中国游戏与娱乐-2025 年第二季度财报季展望、关键市场争议与布局
Goldman Sachs· 2025-07-11 01:13
Investment Ratings - Kuaishou: Buy rated, share price increased by 55% YTD and 28% post 1Q result [3] - Tencent Music: Buy rated, share price increased by 80% YTD and 37% post 1Q result [5] - NetEase: Buy rated, share price increased by 52% YTD and 25% post 1Q result [11] - Focus Media: Buy rated, share price increased by 11% YTD and 8% post 1Q result [14] - Bilibili: Buy rated, share price increased by 31% YTD and 22% post 1Q result [18] Core Insights - The report highlights a strong rally in major games and entertainment names post 1Q25 results, driven by resilient growth profiles, disciplined competition, AI applications potential, and rising expectations on game pipelines [1] - Key focus areas for the upcoming earnings season include advertising outlook, game momentum into the summer peak season, AI applications monetization, and pricing strategies [2] - The report anticipates that further upside in share prices will require continued earnings delivery or new growth engines contributing to revenue growth in future years [1] Kuaishou - Kuaishou is expected to deliver in-line results for 2Q25 with a 12% year-over-year growth in ads and a 13% growth in GMV, with a 3Q25 outlook of 14% ads growth [3][4] - The company is positioned to improve sequential ads from 2Q onwards due to higher monetization efforts, despite competition from peers [4] - The revenue target for Kling AI has been raised from US$100 million to over US$140 million for FY25 [4] Tencent Music - Tencent Music is projected to achieve a 17% year-over-year growth in music revenue for 2Q25, with an ARPU increase of 9% [8] - The company is expected to maintain good momentum in ARPU due to lower discounts on SVIP subscriptions and new content initiatives [9] - Long-term growth visibility remains strong, with expectations of mid-teen year-over-year music revenue growth [10] NetEase - NetEase is expected to report a 15% year-over-year growth in game revenue for 2Q25, with operating profit increasing by 20% [11][12] - The company is focusing on updates for its 2026 game pipeline, with expectations of stable performance from legacy titles [13] - The stock is trading at 16X 2025E PE, with potential for further EPS upgrades [13] Focus Media - Focus Media's revenue is expected to increase by 1% year-over-year in 2Q25, with operating profit up by 3% [14] - The company anticipates a 6% year-over-year sales increase in 2H25 due to rising ad demand from internet and selective consumer players [15] - The collaboration with Alipay aims to target 400K devices across tier 1/2 locations [17] Bilibili - Bilibili's game sales are projected to increase by 58% year-over-year in 2Q25, with ads up by 18% [18] - The company is expected to face a high comparison in 2H24 but has reset market expectations lower, with potential catalysts from new game approvals [19] - Despite valuation concerns, Bilibili is expected to deliver faster than industry growth in ads and livestreaming [20] Price Targets and Estimates - For NetEase, revenue estimates for 2025-27E have been slightly adjusted downwards, while net profit estimates have been raised [21] - Focus Media's revenue estimates have been trimmed slightly, but the price target has been revised up to Rmb8.3 [21] - Across game coverage, price targets and estimates for XD have been raised due to solid new game releases and better profit margins [21]
'Sweepstakes gaming' faces bans in states: Here's what you need to know
CNBC Television· 2025-07-10 12:30
In a world with no sure bets, uh it seems safe to say that the interest in gambling will keep growing. Uh Contessa, the sweep stakes is back. What.Well, you know, look, we are watching the growth in the gambling landcape just morph and change around the United States. It's a it's happening at a dramatic pace with ways to wager that go way beyond a sports book or a slot machine. For instance, you have Joe these sweep stakes gaming where players use virtual coins, but they can also buy in with real money to p ...
ATARI: Fiscal Year 2025 Earnings
Globenewswire· 2025-07-09 06:00
Fiscal Year 2025 Earnings Revenue grew 63% Y/Y to €33.6M, marking the second straight year of significant top-line growth and the highest level of annual revenue in over a decade Acceleration of transformation and trending towards operational profitability PARIS, FRANCE (July 9, 2025 - 8.00 am CET) - Atari® (Euronext Growth Paris: ALATA) — one of the world's most iconic consumer brands and interactive entertainment producers — today announces the Group’s consolidated results for the 12 months fiscal year ...
X @Decrypt
Decrypt· 2025-07-08 23:40
RT GG (@ggDecrypt)Why Ethereum Layer-2 Arbitrum Is Built to Power AAA Games: Offchain Labs CEO► https://t.co/vVC27m6pEl https://t.co/vVC27m6pEl ...