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Fortnite eclipses $1 Billion in microtransactions.

DetroitDevil

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Hollywood Blockbuster proportions.

 

Sgt Brutus

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Sickening. At least it’s not pay to win.
 

Clayton

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Tencent will own the whole industry at some point
 

Myles

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Fun game, but I wouldn't buy anything.
 

DetroitDevil

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Tencent will own the whole industry at some point

Tencent's $143 Billion Rout Is World's Biggest as Tech Sinks


If you thought the slump in U.S. technology stocks was bad, take a look at Tencent Holdings Ltd.

The Chinese Internet giant has tumbled 25 percent from its January peak, erasing about $143 billion of market value. That’s the biggest wipeout of shareholder wealth worldwide, as measured from the date of each stock’s 52-week high. Facebook Inc., the F in the FANG block of mega-cap U.S. tech shares, is the second-biggest loser with a $136 billion slump over the past three trading sessions.
https://www.bloomberg.com/news/arti...s-bad-check-out-tencent-s-140-billion-selloff
 

Clayton

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Tencent's $143 Billion Rout Is World's Biggest as Tech Sinks

If you thought the slump in U.S. technology stocks was bad, take a look at Tencent Holdings Ltd.

The Chinese Internet giant has tumbled 25 percent from its January peak, erasing about $143 billion of market value. That’s the biggest wipeout of shareholder wealth worldwide, as measured from the date of each stock’s 52-week high. Facebook Inc., the F in the FANG block of mega-cap U.S. tech shares, is the second-biggest loser with a $136 billion slump over the past three trading sessions.
https://www.bloomberg.com/news/arti...s-bad-check-out-tencent-s-140-billion-selloff
It sounds like they'll rebound but its good to see some realism in the stock market.

They're still a juggernaut and I'm pretty cautious of how much impact they have on video games and some of the recent nasty trends of monetization.
 
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