Xbox: This is the Jan 6th of gaming.

The Something Awful Forums > Discussion > Video Games > Xbox: This is the Jan 6th of gaming.

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John F Bennett: Jan 30, 2013; I always wear my wedding ring. It's my trademark.

We warned you!

# ? Jan 18, 2023 19:55

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# ? May 25, 2024 12:21

I said come in!: Jun 22, 2004

External Organs posted:

From the industry news thread:

Not surprised I guess, tech has taken a beating the last 12 months.

Hope this results in more union efforts tbh!

Where is this belief that the tech industry has taken a beating coming from? It actually hasn't at all, especially not Microsoft. 2022 was their most successful year financially in their entire history.

# ? Jan 18, 2023 20:13

External Organs: Mar 3, 2006; One time i prank called a bear buildin workshop and said I wanted my mamaws ashes put in a teddy from where she loved them things so well... The woman on the phone did not skip a beat. She just said, "Brang her on down here. We've did it before."

I said come in! posted:

Where is this belief that the tech industry has taken a beating coming from? It actually hasn't at all, especially not Microsoft. 2022 was their most successful year financially in their entire history.

I guess it comes more from stock prices/market cap than other numbers. I'm not a finance guy though.

https://www.cnbc.com/2022/11/25/techs-reality-check-how-the-industry-lost-7point4-trillion-in-one-year.html

quote:

Not one of the 15 most valuable U.S. tech companies has generated positive returns in 2021. Microsoft has shed roughly $700 billion in market cap. Meta's market cap has contracted by over 70% from its highs, wiping out over $600 billion in value this year.

In total, investors have lost roughly $7.4 trillion, based on the 12-month drop in the Nasdaq.

Interest rate hikes have choked off access to easy capital, and soaring inflation has made all those companies promising future profit a lot less valuable today. Cloud stocks have cratered alongside crypto.

There's plenty of pain to go around. Companies across the industry are cutting costs, freezing new hires, and laying off staff

(I think the 2021 at the beginning of that article means to say 2022?)

# ? Jan 18, 2023 20:21

Sandepande: Aug 19, 2018

I think they are preparing for a recession. And this is a handy way to push it along.

Ed: probably the stuff above too. What do you mean I don't follow the news?

# ? Jan 18, 2023 20:22

Sudden Loud Noise: Feb 18, 2007

I said come in! posted:

Where is this belief that the tech industry has taken a beating coming from? It actually hasn't at all, especially not Microsoft. 2022 was their most successful year financially in their entire history.

Profits aren't taking a beating. But employment is. Overall economy had a 13% increase in job cuts in 2022. Tech had a 649% increase.

# ? Jan 18, 2023 20:24

I said come in!: Jun 22, 2004

External Organs posted:

I guess it comes more from stock prices/market cap than other numbers. I'm not a finance guy though.

https://www.cnbc.com/2022/11/25/techs-reality-check-how-the-industry-lost-7point4-trillion-in-one-year.html

(I think the 2021 at the beginning of that article means to say 2022?)

Yeah the stock market is not a good indicator of a companie's success, since it's much like NFT's in that it's entirely speculative investing. There are still concerns I have about the tech industry right now, but Microsoft is not a company among them since they have actual successful financially sound products and services that exist. The big problem with the tech industry right now is too many companies whose entire existence hinges entirely on speculation investing. They don't actually make any money from customers with the products/services they sell, but they promise to investors that at some arbitrary point in the future they are going to make a massive amount of money. Spotify is a good example of a company doing this. Remains to be seen yet if its going to cause yet another tech bubble crash, but I would bet good money that it will because the whole thing sounds ultra irresponsible and risky.

# ? Jan 18, 2023 20:27

Jelly: Feb 11, 2004; Ask me about my STD collection!

webmeister posted:

This except F117A Nighthawk

I want a remake of this so badly.

And Red Baron by Dynamix.

# ? Jan 18, 2023 20:27

I said come in!: Jun 22, 2004

Sudden Loud Noise posted:

Profits aren't taking a beating. But employment is. Overall economy had a 13% increase in job cuts in 2022. Tech had a 649% increase.

But why though? It seems to be mainly incompetence and greed more than just a company that isn't successful. Almost like there should be laws that prevent companies from just arbitrarily being allowed to upend peoples entire livelihoods (everyone should unionize). Companies laying people off yet showing they are massively successful financially, should be outrageously costly for the company to do.

# ? Jan 18, 2023 20:29

Sudden Loud Noise: Feb 18, 2007

I said come in! posted:

But why though? It seems to be mainly incompetence and greed more than just a company that isn't successful. Almost like there should be laws that prevent companies from just arbitrarily being allowed to upend peoples entire livelihoods (everyone should unionize). Companies laying people off yet showing they are massively successful financially, should be outrageously costly for the company to do.

I dunno. You just asked where the belief comes from, and I answered that it's not about the company profit (or stock) but about the people employed (or formerly employed) by the companies. They are the ones taking a beating.

# ? Jan 18, 2023 20:32

I said come in!: Jun 22, 2004

Sudden Loud Noise posted:

I dunno. You just asked where the belief comes from, and I answered that it's not about the company profit (or stock) but about the people employed (or formerly employed) by the companies. They are the ones taking a beating.

Fair. Instead that we should be dragging the executives out of their offices and beating them.

# ? Jan 18, 2023 20:34

External Organs: Mar 3, 2006; One time i prank called a bear buildin workshop and said I wanted my mamaws ashes put in a teddy from where she loved them things so well... The woman on the phone did not skip a beat. She just said, "Brang her on down here. We've did it before."

My understanding is that it also has to do with the increase in interest rates by the fed. If it becomes costlier to borrow institutional amounts of money, other options like contracting your workforce look a lot more palatable.

This would also be explicitly desired by the fed as a means to slow inflation - people who might be laid off are more likely to save and not spend / companies are less likely to invest in new projects and personnel.

# ? Jan 18, 2023 20:37

I said come in!: Jun 22, 2004

Capitalism suuuuuuuuuuuuuuuuuuuuuuuuuuuuuuucks.

# ? Jan 18, 2023 20:39

External Organs: Mar 3, 2006; One time i prank called a bear buildin workshop and said I wanted my mamaws ashes put in a teddy from where she loved them things so well... The woman on the phone did not skip a beat. She just said, "Brang her on down here. We've did it before."

I said come in! posted:

Capitalism suuuuuuuuuuuuuuuuuuuuuuuuuuuuuuucks.

It's fuckin wild

# ? Jan 18, 2023 20:40

Quantum of Phallus: Dec 27, 2010

woudln't have the xbox series x without..
sounds like it's win

# ? Jan 18, 2023 21:01

Ruffian Price: Sep 17, 2016

Under communism you'd have a separate welfare card that reloads every generation and can only buy Xboxen

# ? Jan 18, 2023 21:05

acksplode: May 17, 2004

I said come in! posted:

But why though? It seems to be mainly incompetence and greed more than just a company that isn't successful. Almost like there should be laws that prevent companies from just arbitrarily being allowed to upend peoples entire livelihoods (everyone should unionize). Companies laying people off yet showing they are massively successful financially, should be outrageously costly for the company to do.

Partly interest rates shooting up, making it more expensive to borrow against the future to pay employees today, partly herd mentality with other layoffs happening (the same herd mentality that caused all the big tech companies to collectively overhire in the first place), and partly the lockdown-era economy disappearing when tech companies had bet on it being permanent. It's pretty much the same story with all these tech layoffs. The only layoffs with a slightly different plot are Twitter and Meta, or companies adjacent to the crypto crash.

# ? Jan 18, 2023 22:50

Sywert of Thieves: Nov 7, 2005; The pirate code is really more of a guideline, than actual rules.

Finished the story in Guardians of the Galaxy. The boss fights were a slog, thankfully I put it on Easy mode. This game is severely unoptimized, there were frequent stutters and frame drops to like 3fps during intense action scenes. It's not a bad game, but it's not great either.

Just gotta mop up the rest of the achievements and be done with it.

# ? Jan 18, 2023 23:03

Beastie: Nov 3, 2006; They used to call me tricky-kid, I lived the life they wish they did.

I was laid off from a tech company two months ago. Sucked at first but it was an extremely stressful job that did some shady things with contracts to inflate their value for investors. I told my manager several times this isn't sustainable long term and she just shrugged.

Luckily I have a good familial support network. 2nd tech layoff in three years.

Xbox content: haven't been home in two weeks and I miss DMZ.

# ? Jan 19, 2023 01:57

priznat: Jul 7, 2009; Let's get drunk and kiss each other all night.

Beastie posted:

I was laid off from a tech company two months ago. Sucked at first but it was an extremely stressful job that did some shady things with contracts to inflate their value for investors. I told my manager several times this isn't sustainable long term and she just shrugged.

Luckily I have a good familial support network. 2nd tech layoff in three years.

Xbox content: haven't been home in two weeks and I miss DMZ.

That sucks, sorry to hear that. Layoffs are loving bullshit. Start cutting at the top I say.

# ? Jan 19, 2023 02:12

Snyderman: Feb 23, 2005

Beastie posted:

I was laid off from a tech company two months ago. Sucked at first but it was an extremely stressful job that did some shady things with contracts to inflate their value for investors. I told my manager several times this isn't sustainable long term and she just shrugged.

Luckily I have a good familial support network. 2nd tech layoff in three years.

Xbox content: haven't been home in two weeks and I miss DMZ.

I feel you, in pretty much the same boat. It sucks but at least we have Persona 3-5 now.

# ? Jan 19, 2023 02:36

I said come in!: Jun 22, 2004

Beastie posted:

I was laid off from a tech company two months ago. Sucked at first but it was an extremely stressful job that did some shady things with contracts to inflate their value for investors. I told my manager several times this isn't sustainable long term and she just shrugged.

I feel like I could almost guess at what company this was, but there are so many of them too.

# ? Jan 19, 2023 03:07

SpiderLink: Oct 3, 2006

Managed to finish Chained Echoes right before P3P and P4G come out.

I really loved it overall, will definitely buy.

# ? Jan 19, 2023 04:56

Beastie: Nov 3, 2006; They used to call me tricky-kid, I lived the life they wish they did.

Snyderman posted:

I feel you, in pretty much the same boat. It sucks but at least we have Persona 3-5 now.

Appreciate the sentiments, Xbox Thread. I have Persona 5 on my ps4 but I just couldn't get into. Yakuza is pretty much the only "big in depth role playing game" I can get into

# ? Jan 19, 2023 05:05

Lammasu: May 8, 2019; lawful Good Monster

So, Twitter is freaking out over Atomic Heart. People are saying that buying Atomic Heart is the same as bombing Ukraine because it got some money from an Oligarch company. Then terrible people said they are going to buy it to own the libs. Total cluster gently caress for a Eurojank Bioshock rip off.

# ? Jan 19, 2023 05:21

American McGay: Feb 28, 2010; by sebmojo

Brother you could simply not post.

# ? Jan 19, 2023 05:24

heehee: Sep 5, 2012; haha wow i cant believe how lucky we got to win

Lammasu posted:

So, Twitter is freaking out over Atomic Heart. People are saying that buying Atomic Heart is the same as bombing Ukraine because it got some money from an Oligarch company. Then terrible people said they are going to buy it to own the libs. Total cluster gently caress for a Eurojank Bioshock rip off.

Yea?

# ? Jan 19, 2023 05:24

JBP: Feb 16, 2017; You've got to know, to understand,
Baby, take me by my hand,
I'll lead you to the promised land.

Atomic fart

# ? Jan 19, 2023 05:33

The Kins: Oct 2, 2004

Thank you for your service in flying in out of nowhere to deliver the Rest Of The Internet weather forecast, soldier.

# ? Jan 19, 2023 05:50

1glitch0: Sep 4, 2018; I DON'T GIVE A CRAP WHAT SHE BELIEVES THE HARRY POTTER BOOKS CHANGED MY LIFE #HUFFLEPUFF

Lammasu posted:

So, Twitter is freaking out over Atomic Heart. People are saying that buying Atomic Heart is the same as bombing Ukraine because it got some money from an Oligarch company. Then terrible people said they are going to buy it to own the libs. Total cluster gently caress for a Eurojank Bioshock rip off.

I will play both Atomic Heart and STALKER 2 as my way of calling for world peace in these trying times.

# ? Jan 19, 2023 05:56

I said come in!: Jun 22, 2004

Excited for Atomic Heart. I want to play it so i'm gonna. Game is on Game Pass anyways.

# ? Jan 19, 2023 06:24

Larry Parrish: Jul 9, 2012; by Jeffrey of YOSPOS

Lammasu posted:

So, Twitter is freaking out over Atomic Heart. People are saying that buying Atomic Heart is the same as bombing Ukraine because it got some money from an Oligarch company. Then terrible people said they are going to buy it to own the libs. Total cluster gently caress for a Eurojank Bioshock rip off.

Ok? Who gives a poo poo.

# ? Jan 19, 2023 07:34

Larry Parrish: Jul 9, 2012; by Jeffrey of YOSPOS

[incredibly smart and intelligent goon] I will not eat another bowl of borscht until the war is over

# ? Jan 19, 2023 07:35

Fanatic: Mar 9, 2006

Play Atomic Heart guilt free through the power of Game Pass

# ? Jan 19, 2023 07:54

Dehry: Aug 21, 2009; Grimey Drawer

Twitter will be mad about Persona tomorrow after the mid-2000s gay stereotypes show up in their playthroughs.

# ? Jan 19, 2023 08:02

priznat: Jul 7, 2009; Let's get drunk and kiss each other all night.

Atomic.. Fart boom gotem take that putin

# ? Jan 19, 2023 08:09

MechaSeinfeld: Jan 2, 2008

As soon as I read some dumbass poo poo no one could care about I just know the boys in the Xbox thread have to hear about it

# ? Jan 19, 2023 08:20

veni veni veni: Jun 5, 2005; Can't post for 47 minutes!

Idg why MCC collection is over 100GB on Xbox when its 33 on PC

# ? Jan 19, 2023 08:34

John F Bennett: Jan 30, 2013; I always wear my wedding ring. It's my trademark.

I'm sure it won't be my thing but I still want to try out a Persona. Which one should I start with?

# ? Jan 19, 2023 08:56

The Kins: Oct 2, 2004

veni veni veni posted:

Idg why MCC collection is over 100GB on Xbox when its 33 on PC

Its also somewhere around 100 on PC, you might just not have the whole thing installed. You can change what�s installed and what isn�t somewhere in the options menu.

The patches ARE smaller on PC, though, but that�s just due to Steam having nice delta-patching tech.

# ? Jan 19, 2023 09:08

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# ? May 25, 2024 12:21

Guillermus: Dec 28, 2009

Lammasu posted:

So, Twitter is freaking out over Atomic Heart. People are saying that buying Atomic Heart is the same as bombing Ukraine because it got some money from an Oligarch company. Then terrible people said they are going to buy it to own the libs. Total cluster gently caress for a Eurojank Bioshock rip off.

But Russia isn't Europe so it isn't Eurojank :q:

# ? Jan 19, 2023 09:25

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