Gift link: bloomberg.com/news/articles/…

New: Web games are so back. Consoles cost $450, "app fatigue" is real, and browser games are booming. One ray of light for the struggling games industry: bloomberg.com/news/articles/…

New: Roblox games are getting movie deals. Want to know what the Grow A Garden movie could look like? Read: bloomberg.com/news/articles/…

Roblox is doing gangbusters numbers. But this morning, shares fell despite record-smashing results. New safety features could "cause short-term friction to engagement and bookings," Roblox's CFO said today. bloomberg.com/news/articles/…

New: Internet celebrities like Jake Paul and MrBeast are paying armies of "clippers" to saturate social media with clips of their videos. This is the story of Anthony Fujiwara, 23 -- the secretive mastermind behind celebrities' clipping campaigns. bloomberg.com/news/articles/…

Update: The market value for Counter-Strike skins fell by $3 billion since Valve updated the game Wednesday evening. That's -48%. bloomberg.com/news/articles/…

Here's a fun chart I made in May when the CS skin market hit $4.3 billion. Shows why investors pumped so much $$ into it. It hit $6 billion before it tanked last night.

Full story: bloomberg.com/news/articles/…

New: The market for Counter-Strike skins fell $1.75 billion overnight -- that's 25%. Investors dumped money into the digital item market amid concerns about the S&P 500 and crypto. Then, last night, Valve pushed a market-breaking update to the game. Data via @pricempire

AppLovin has shut down a product linked to user and short-seller allegations that apps were being downloaded to mobile phones without consent The product, called Array, was offered to device-makers and carriers to promote or preload apps on phones.

Crazy

Bloomberg reports that Xbox’s recent increase in GamePass subscription fees reveals a significant loss of over $300 million in Call of Duty sales across both console and PC platforms last year. According to current and former employees, Microsoft CFO Amy Hood has requested that Xbox explore alternative strategies to boost its profitability.

New: Inside Xbox's Game Pass price hike. Day-one Game Pass releases were long controversial, current and former employees tell me. Here's why (hint: Call of Duty sales) bloomberg.com/news/articles/…

Never played a game quite like Consume Me and I am totally obsessed. It's fun, smart, creative and surprising. And I love how it deals with a heavy topic with both humor and thoughtfulness. store.steampowered.com/app/2…

In neighborhoods near big data centers, electricity costs 267% more every month than it did 5 years ago, a Bloomberg investigation found: bloomberg.com/graphics/2025-…

Scoop: Saudi Arabia is the largest contributor to the $36 billion in equity put in to finance a deal to take Electronic Arts private. EA will help bridge the country's sports and video-game ambitions as it diversifies away from oil, analysts say. Story: bloomberg.com/news/articles/…

FINALLY OUT: A Crypto Billionaire’s Path From Pariah to Trump Moneyman - read my latest with @ZekeFaux Please share this tweet and *GIFTED LINK* : bloomberg.com/news/features/…

What happened to the "vacancy tax" conversation for commercial real estate? Genuine question

NYC losing BrookLAN and Bluestockings within a week is a travesty. NYC's commercial real estate situation is accelerating us toward a dark future where the internet is the only place young people are exposed to new ideas and communities. The DIY spaces where I met my friends, started my career, fell in love and broadened my worldview are long gone. But every day, I walk by storefronts that have stood empty for almost a decade. Good arts and culture businesses with large, dedicated customer bases can't make it work anymore. Is there anything to be done or are we cooked?