Stadia gaming goes in Google cost-cutting

Published

2 years ago

September 30, 2022

Google’s digital gaming service Stadia is shutting down, the latest casualty in the company’s ongoing cost-cutting efforts.

Launched in 2019, Stadia ran on phones and the Chrome browser but failed to gain traction with users. In a blog post Thursday,

Google says the company had made “the difficult decision to begin winding down our Stadia streaming service.”

It’s is not the first time Google has shuttered a gaming project.

In 2016, the company closed down its Nexus Player game console. And in 2019, it stopped selling its Stadia controllers and canceled a planned cloud gaming service for smartphones.

With the closure of Stadia, Google becomes the latest company to abandon the cloud gaming market, after a difficult year for the industry and tech stocks.

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

4 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

5 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending