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An increase at this point, near the planned end of the eighth generation of video game consoles, was unusual and was attributed to the pandemic. [119] [120] By July 2020, NPD Group reported that the total sales of video game hardware and software within the United States in the first six months of 2020 reached US$6.6 billion, the highest since ...
Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."
The video game industry has been hit with more than 6,500 layoffs over the last year. The cuts come as the industry course-corrects after its pandemic-era expansion, experts say.
Video games postponed due to the COVID-19 pandemic (50 P) Pages in category "Impact of the COVID-19 pandemic on the video game industry" The following 49 pages are in this category, out of 49 total.
This week alone, many altcoins were down double digits and the slide may continue as the speculative bubble bursts. According to data provided by S&P Global Market Intelligence, as of 10 a.m. ET ...
At the start of this year, Cardano was priced at just over 18 cents. Currently, it’s trading at $2.14, meaning visionary contrarians received nearly 12X ret
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
Cardano (CCC:ADA-USD) is soaring to a new all-time high this morning as the crypto continues a rally that’s been taking place over the last few weeks! Source: Stanslavs / Shutterstock So why is ...