Sports Direct now owns 25.75% of the embattled high street retailer GAME, after snapping up 44 million shares in the company this morning. GAME's struggles have been going on for several years - they entered administration back in 2012, and most recently issued a profit warning at the end of last month stating that it would deliver profits that would be 'substantially below market expectations'. The main reason they cited was stock shortages of Nintendo's new Switch console - and the stock market responded accordingly with shares sliding further in value. Sports Direct is owned by controversial British billionaire Mike ... Read More »
Looks like Mircosoft have some plans to change the way you consume your livestreams through your Xbox. It was announced on Xbox Wire that Microsoft have purchased the up and coming livestreaming service Beam, for an undisclosed sum. Unlike Twitch, Beam has a focus on the audience interacting with the livestreamer, whether that be through giving the streamer different challenges on Minecraft, or picking their loadouts in a multiplayer game. In the blog post on Xbox Wire, Chad Gibson, Partner Group Manager for Xbox Live has this to say: "We at Xbox are excited about this convergence between playing and watching, ... Read More »
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