WELCOME
to the house of Harry Plopper
GameStop itself has a history of publicly backing down from
GameStop itself has a history of publicly backing down from its own decisions, including the acquisition of Zynga, which was part of the successful acquisition of Marvel Comics, which had a major role in the recent wave of "mutant-gate" violence.
GameStop has long been a fan of the gaming industry, and the gaming company said it would take a "tremendous amount" of hard work to get the company back on track. The move also came four months after the gaming giant sold the parent company Black Isle to Microsoft for $1.7 billion. The company continued to be a strong proponent of free-to-play games on platforms like Xbox 360 and PlayStation 3, but the shift to a more profit-driven market—and to a much more competitive gaming environment—has been seen by some as pushing the company's sales a little too far.
A source close to GameStop told the Journal that the company was in "a very difficult position" to sell its flagship franchises like Call of Duty: World at War, and that there was "a big risk that the company would be forced to do a deal that was going to raise its stock price a little too high."
—This post has been updated to include GameStop's comment.For the second year in a row, the U.S. Senate is considering a bill that could change the rules on marijuana production, which are set to take effect Friday.
Senate Minority Leader Chuck Schumer (D-N.Y.) says it would cut the number of recreational pot businesses, while also removing legal marijuana businesses that operate in a manner similar to those in other states.
In a letter to U.S. Sen. Cory Gardner (D-Colo.) on Feb. 18, Schumer and other Democrats said the bill would "enforce existing marijuana laws and make it easier for states to regulate marijuana and regulate for legal sale of marijuana."
The bill would put two-thirds of states on a three-year moratorium on medical marijuana dispensaries, and would require the federal government to consider regulations within those states in their marijuana policy.
"This is an egregious misstep by the federal government," Schumer told Politico. "It's a waste of time to put federal money in states with no oversight over marijuana laws."
"This is a serious step backward that could lead to the loss of millions of dollars in federal dollars," he added.
The legislation, which would create a new federal advisory committee to investigate potential marijuana
Comment an article