The GameStop store sign is seen at its shop in Westminster, Colorado January 14, 2014.
Founded in 1984 and once a mainstay for gamers, GameStop has struggled to cope with competition from online retailers like Amazon and digital distribution platforms including Steam, even after several attempts to diversify its business model. TechCrunch has also contacted GameStop.
While it is not yet certain if GameStop will follow through with a sale, the company's stocks rose 11% on Monday, after rumors of a buyout started. The news outlet reports that GameStop executives are meeting with various private equity firms regarding selling a controlling interest in the company.
There is no guarantee the talks will result in GameStop deciding to sell itself, the people cautioned.
This comes one month after former Microsoft executive/board director Shane Kim was appointed interim CEO of GameStop.
While its used-game niche has helped the company, this model has also been challenged as games developers including Electronic Arts Inc, Sony Corp and Microsoft Corp have each launched plans to offer monthly streaming services for numerous older titles they own. In an earlier report, a letter from major GameStop shareholder Tiger Management LLC indicated that investors have been calling for changes at the company.
The latest news has been viewed positively by investors, who have been vocal in questioning the company's strategic direction.
About 1:30 p.m., a 23-year-old woman was shot in the neck in the 400 block of West 100th Street in the Fernwood neighborhood. A third victim was shot in the leg, a fourth was shot in the arm and a fifth was shot numerous times in the abdomen.
The star striker has been directly involved in 11 goals in his past eight games for England (10 goals and one assist). Harry was sharper and brighter than everyone else, and his goal was exactly what we needed early in this World Cup".
Any departure that involves tax increases could upset core voters and open it up to criticism from the opposition Labour Party. But she warned that Mrs May's promise to fund the rise through a " Brexit dividend " was "simply not credible".
Though many expect him to leave, there is a belief that James will be inclined to re-sign with the Cavs given the right situation. You can make the case that going after rings, namely with the hope that he'd beat the Warriors to get them, is a bad idea.
At Egypt's recent training camp in Grozny, Salah reportedly required the help of his team-mates to pull on his top. While Russia coasted home with a 5-0 margin against Saudi Arabia, Egypt will provide a much tougher test.
But Kurtzman and Akiva Goldsman are on board to produce the new Stewart-led Star Trek series, if it comes to pass. Early reports indicate that negotiations for a return of Picard are still ongoing and could end at any time.
Ambassador Nikki Haley are scheduled to talk about the Human Rights Council later Tuesday in remarks at the State Department. UN High Commissioner for Human Rights, Zeid Ra'ad al-Hussein, called on Washington to halt its "unconscionable" policy .
England smash world record ODI score against Australia
Bairstow smashed his fourth ODI century in 2018 and Hales took England past their old record with a six, the 21st of the innings. Once again it was spin that did the damage to Australia with England tweaker Adil Rashid taking 4-47 and Moeen Ali 3-28.
Trump to set up 'Space Force' as sixth military branch
Air Force was created through the 1947 National Security Act, passed by Congress and signed into law by President Harry Truman. However, critics have said the treaty has no enforcement mechanism, allowing the US or other countries to militarize space .
The Fallout 76 beta is coming to Xbox One first
The beta, or Break it Early Test Application as Bethesda calls it, is now available only for pre-order customers. Numerous big online games these days offer early beta access (among other exclusives) on certain platforms.
Invasive plant can cause severe burns, blindness
In Ohio, giant hogweed is typically found in northeast Ohio, especially in counties bordering Pennsylvania. It is illegal to propagate, sell or transport the plant, according to the Ohio State University Extension.
World Cup match report Belgium v Panama 18 June 2018
A Belgium team packed with players familiar to Premier League fans begin their World Cup campaign against Panama today in Group G. Panama starting XI: Penedo, Murillo, Escobar, R Torres, Davis, Gomez, Godoy, Cooper, J Rodriguez, Barcenas, Perez.