American video game retailer.
eBay has rejected GameStop CEO Ryan Cohen’s unsolicited $125-per-share offer — about $55.5bn — after its board has reviewed the proposal and found uncertainty in financing, added leverage and operational risks. GameStop has built roughly a 5% stake in eBay and has signalled it will consider taking the offer directly to shareholders.
Sony has announced it will stop producing physical PlayStation game discs from January 2028. New titles will be sold via the PlayStation Store or as retailer-issued download codes; games releasing before 2028 remain unaffected. The move follows years of rising digital sales and has provoked consumer backlash over ownership, preservation and the second‑hand market.
Wendy’s has surged on Wednesday in a Reddit-driven rally tied to meme-stock dynamics. The moves come as the company announces leadership changes, while traders weigh short interest and potential upside despite a weak operating backdrop.
The PlayStation brand has announced it will end physical disc production for new games starting January 2028, shifting to digital-only releases. Boxed versions will include download codes. Analysts say the move will improve margins, but consumers will lose resale options and used-book value.