Games

16948 readers

311 users here now

Video game news oriented community. No NanoUFO is not a bot :)

Posts.

News oriented content (general reviews, previews or retrospectives allowed).
Broad discussion posts (preferably not only about a specific game).
No humor/memes etc..
No affiliate links
No advertising.
No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
No self promotion.
No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
No politics.

Comments.

No personal attacks.
Obey instance rules.
No low effort comments(one or two words, emoji etc..)
Please use spoiler tags for spoilers.

My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.

Other communities:

Beehaw.org gaming

Lemmy.ml gaming

lemmy.ca pcgaming

founded 2 years ago

MODERATORS

nanoUFO@sh.itjust.works

Twitch "isn't profitable" admits CEO, in wake of recent layoffs (www.eurogamer.net)

submitted 11 months ago by nanoUFO@sh.itjust.works to c/games@sh.itjust.works

9 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] sugar_in_your_tea@sh.itjust.works 4 points 11 months ago

My understanding is they tried to break into Korea and absolutely failed when local telecoms jacked up rates to "discourage" competition, and Korea is just corrupt enough to let it slide. I'm guessing there were ideas for other expansion opportunities as well, but with gaming being less popular after COVID lockdowns and investment money drying up, they need to shut down those riskier growth opportunities.

Last year's layoffs were largely around the Korea expansion, and this year is probably similar. I'm guessing they were working on some projects and didn't see the return they were hoping for, hence the pullback.