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GameStop director unloads $60 million worth of stock

by Brian Allen on Oct 14, 2009 at 06:50 PM

In a move drawing a lot of industry attention, GameStop director Leonard Riggio has sold 2.3 million shares of the company’s stock. He earned $60.2 million from the sale and reduced his ownership in the game retail company from 6.9 percent to 5.5 percent. The timing seems odd as the… Continue Reading »

Layoffs hit Crystal Dynamics after disappointing Tomb Raider Underworld sales

by Brian Allen on Jan 13, 2009 at 11:06 PM

In the wake of what Eidos considered lackluster holiday sales for Tomb Raider Underworld,  developer Crystal Dynamics laid off approximately 30 people on Friday (January 9, 2009), according to Kotaku. Ironically, Crystal Dynamics is the developer hailed for breathing life back into the Tomb Raider franchise after it had become… Continue Reading »

Stock tumble hits tech biz hard

by NEWS on Sep 30, 2008 at 01:18 PM

FROM GADGETELL - Monday’s 700+ point plunge has hit tech businesses especially hard, including Apple, AMD and Intel.  See what this could mean for related industries.
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