Bethesda has clarified Doom developer Id Software’s involvement in Starfield’s development in the wake of a May rumor claiming the fellow Zenimax-owned studio had stepped in to overhaul Starfield’s combat. In an interview with IGN ahead of the Xbox Showcase and Starfield Direct, Bethesda boss Todd Howard confirmed Id Software had helped out with Starfield’s graphics, but “they did not help us with the combat.” “Well, first of all, I’d say being in the company, knowing the folks at Id Software for a long time, I’m a huge Doom fan,” Howard said. “They’re the absolute best. Doom Eternal is one…
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Wordle Today #707 Hints, Clues and Answer for Saturday, May 27 Game
Wordle has remarkably humble origins considering its viral popularity across the English-speaking world. The game was invented by Josh Wardle, a New York-based software engineer, who simply wanted a puzzle “for me and my partner to enjoy.” In October 2021, Wordle was released to the public, after which it rapidly developed a loyal following with many players sharing their scores on social media each day. Such was its popularity that the New York Times purchased Wordle in January 2022 for an undisclosed low seven-figure fee. In an interview with NewsweekErhan Aslan, who teaches applied linguistics at the University of Reading…
Q3 2023 EPS Estimates for Constellation Software Inc. Decreased by Raymond James (TSE:CSU)
Constellation Software Inc. (TSE:CSU – Get Rating) – Equities research analysts at Raymond James cut their Q3 2023 earnings per share estimates for Constellation Software in a research report issued to clients and investors on Tuesday, May 16th. Raymond James analyst S. Li now expects that the company will post earnings of $17.63 per share for the quarter, down from their prior forecast of $19.49. Raymond James currently has a “Market Perform” rating and a $2,750.00 price target on the stock. The consensus estimate for Constellation Software’s current full-year earnings is $81.75 per share. Raymond James also issued estimates for…
Unity Software Lets 600 Workers Go Using the All-Too-Familiar Playbook
Unity Software has announced it is laying off 600 employees in its third round of layoffs, citing future growth. Unity is the maker of one of the most popular game engines in use. Despite the popularity of its products, the company has already been involved in two different rounds of layoffs. According to The Wall StreetJournal, the company is now engaging in a third round of layoffs, one that will see 600 jobs cut. In an interview with the outlet, CEO John Riccitiello said blamed concerns of a recession and the need to put the company in the best position…
Oracle Just Made Its Database Software Free for Developers
Oracles (ORCL -0.10%) has been in the database business for more than 40 years. Its database software, running on customers’ hardware and increasingly in the cloud, is mission-critical for a wide array of businesses. Moreover, switching away from it to a rival’s offering would be a monumental task that few companies are even capable of completing. Case in point: It took Amazons years of migration work before it successfully shut off its final Oracle database. While Oracle’s existing customer base, for the most part, isn’t going anywhere, cloud computing has greatly disrupted the database market. The number of database software…
Software Firms Across US Facing Massive Tax Bills That Threaten Tech Startup World Survival
Across the software development field, founders are experiencing an income tax season that has become an existential threat to their company’s survival. Software startups say they were blindsided by shocking tax bills as a result of a change in law related to research and development costs, and if Congress does not provide a retroactive fix, business failures will spread throughout the industry. From a report: The root of the issue is the inability of lawmakers to extend a key tax provision that had bipartisan support at the end of last year that allows for the full expensing of research and…
Progress Software Corporation’s (NASDAQ:PRGS) Intrinsic Value Is Potentially 57% Above Its Share Price
Key Insights The projected fair value for Progress Software is US$88.99 based on 2 Stage Free Cash Flow to Equity Progress Software’s US$56.62 share price signals that it might be 36% undervalued The US$63.43 analyst price target for PRGS is 29% less than our estimate of fair value In this article we are going to estimate the intrinsic value of Progress Software Corporation (NASDAQ:PRGS) by estimating the company’s future cash flows and discounting them to their present value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Before you think you won’t be able to…
Tokio Marine Asset Management Co. Ltd. Buys 277 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)
Tokio Marine Asset Management Co. Ltd. lifted its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Rating) by 10.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investors owned 2,976 shares of the company’s stock after acquiring an additional 277 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Take-Two Interactive Software were worth $310,000 as of its most recent SEC filing. Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Take-Two Interactive Software…