“They” are releasing a new system… but its a bit of a train wreck. It’s not really the same Atari who ened in 98 (hence the quotes)… the brand and IPs has gone through many hands. They are also trying their hands at cryptocurrency and I believe there will even be some Atari branded hotels in Dubai.
I am not sure what they were researching and developing,
but I like to joke that companies like that were trying to be venture capital firms.
Imagine going on Shark Tank and saying . . .
" got this product and business I told you about. . . "
and in five years, you start spending one fifth of all your company’s spending on developing some new gizmo.
That is beyond all reasonable R&D and borders on fraudulently obtaining your investors’ money.
Oh, so it’s your fault!
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Do they still sell Adventure cartridges? I miss finding that Easter egg.
I have an old 2600 with a box full of games in the attic. Along with my old ps2/xbox/and 360 I want to put a game room in my shop. Rock band on the ps2 was hilarious. I wish I still had my N64.
2600 was where it was at when I was 10 years old! An arcade…on my TV???
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You may need to get the 2600"s electrolytics recapped. Good news is people sell ready made kits with the correct components. Example source:
If you do not know how to solder look up vintage gamer groups in your area and there will be someone to help.
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Kevin O’Leary (best known from Shark Tank) is a regular on CNBC’s halftime report.
Minutes ago, a list of stocks he is selling/shorting was read, Uber and Docusign were two of them.
Regarding others on the list, (like Tesla), he stated that he “still likes the company” but “there will be a better time to buy back in.”
Added:
He did not say that about any of the “Zombie Companies” that were also on his “sell list.”
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I came across this list on Twitter and thought I’d share.
I can’t say all of these companies are here for the same reason.
Presumably some of them were bad ideas from day 1, others are victims of the times.
In other cases (like Docusign) they could have been great companies until management decided the company was a toybox, a source of funds for their venture capital ideas.
And this is how it ends.
https://www.costar.com/article/123457907/store-capital-looks-to-unload-carvanas-12-story-car-vending-machine-in-atlanta
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There is one of these along 121 near the tollway.
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The one pictured (for sale)is in Atlanta.
The one near I-25 in Denver has never been used and is probably next.
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Tuesday Morning is going into bankruptcy and shutting down half of its stores nationwide. We are losing our two nearest stores in Winston-Salem and Boone.
This likely will only postpone the inevitable for this chain.
Thanks.
I don’t know a whole not about them other than that they are in a really tough space.
- In May 2020, the company filed for Chapter 11 bankruptcy (COVID-19 related)
- In December 2020, the company emerged from bankruptcy
- In May 2021 the company was re-listed on the NASDAQ
- On February 14, 2023 it filed for bankruptcy again
Ugh, I wish that eyesore had never been built.
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Docusign just announced an additional round of layoffs.
This time 6% of whatever is left after the previous round(s)
DocuSign has revealed that it’s laying off 6% of its workforce, impacting some 400 employees. . . .
Round two
DocuSign is the latest in a line of tech companies to undergo more than one round of layoffs in the pursuit of cost-cutting. Indeed, the company laid off 9% of its workforce in late 2022 followed by a further 10% just months later, though it transpired these were part of the same round of layoffs. . . .
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Got this on Twitter (from a guy who is not likely to make-up stuff)
Snapchat Net Income (millions)…
2023: -$1,322
2022: -$1,430
2021: -$488
2020: -$945
2019: -$1,034
2018: -$1,256
2017: -$3,445
2016: -$515
2015: -$373
