Scrubbles ( @scrubbles@poptalk.scrubbles.tech ) English60•11 months agoNo, Microsoft Probably Isn’t Going To Buy Valve
Clickbait.
Telorand ( @Telorand@reddthat.com ) 9•11 months agoIt’s not likely anyway, given how it would almost certainly result in an antitrust lawsuit.
Scrubbles ( @scrubbles@poptalk.scrubbles.tech ) English9•11 months agoThey knew they got right up to the line with the last couple, the feds were already preparing documents and they knew it.
And yet the mergers still went through
Midnitte ( @Midnitte@beehaw.org ) English6•11 months agoValve also has no incentive - it’s basically a free money machine.
teawrecks ( @teawrecks@sopuli.xyz ) 4•11 months agoIt also acts like $16 billion is both not enough, and a cartoonishly large amount. Meanwhile, Activision blizzard was just purchased by msft for $69 billion.
smeg ( @smeg@feddit.uk ) English45•11 months agoWho was even suggesting that this was a thing that might ever happen?
Feydaikin ( @Faydaikin@beehaw.org ) 16•11 months agoI think MS expressed interest in the idea. But I doubt even they saw it as an actual possibility.
🇰 🌀 🇱 🇦 🇳 🇦 🇰 🇮 🏆 ( @Kolanaki@yiffit.net ) English38•11 months agoThats exactly it. I think it was Phil Spencer who said he’d want Microsoft to buy Valve if the chance came up. In the same sentence he said he would buy Nintendo, too. In the same way a Gen Z’er might say “I’d like to buy a house someday.”
Kissaki ( @Kissaki@beehaw.org ) English10•11 months agoInsights from Dior, a prominent figure in the Counter-Strike community, reveal that Gabe Newell owns less than 25% of Valve.
Huh, I didn’t know that. (emphasis mine)
AndrasKrigare ( @AndrasKrigare@beehaw.org ) 9•11 months agoI still don’t know it. I don’t have a huge amount of confidence in “a prominent figure in the Counter-Strike community” as a source for Valve’s internal finances.
Chewy ( @Chewy7324@discuss.tchncs.de ) 6•11 months agoShares aren’t necessarily voting shares, but I don’t know how that works and if it’s even relevant for the private Valve corporation.
So maybe Gabe Newell does have full control over Valve, or he might not.
It’s definitely interesting that it’s only 25%.
ssj2marx ( @ssj2marx@lemmy.ml ) 1•11 months agoIIRC Valve issues shares to its employees, but the details aren’t public. There are a bunch of different corporate ownership schemes out there that it could potentially be.
soulsource ( @soulsource@discuss.tchncs.de ) English31•11 months agoAcquisitions felt kinda cool when Microsoft was dishing them out like nobody’s business prior to the pandemic.
No, it did not. Consolidation usually is bad for employees and customers, and anyone who hasn’t been living under a rock for the last 150 years has had plenty of opportunities to observe this.
That would be an absolute nightmare for gamers, please no.
guyrocket ( @guyrocket@kbin.social ) 23•11 months agoFuckin SHUT UP!
We don’t want to give those MS assholes ANY ideas.
KairuByte ( @KairuByte@lemmy.dbzer0.com ) 2•11 months agoDoesn’t matter, there’s a snowballs chance in hell Valve will sell.
Plume (she/her) ( @Plume@beehaw.org ) 22•11 months agoI could come up with a thousand reasons as to why this would never happen. Hell, I could even argue that the whole Steam Deck’s existence comes from a series of decisions that Valve made out of hatred for Microsoft. So, yeah, it’s not happening.
Still though, as a thought experiment, imagining a world where tomorrow, Steam is owned by Microsoft, it’s… interesting, to say the least. In the most horrifying way possible, but interesting nonetheless. Quite frankly, I can’t imagine anything worse happening for video games. Like to me, this is what a video game apocalypse sounds like.
CileTheSane ( @CileTheSane@lemmy.ca ) 4•11 months agoStill though, as a thought experiment, imagining a world where tomorrow, Steam is owned by Microsoft, it’s… interesting, to say the least. In the most horrifying way possible, but interesting nonetheless. Quite frankly, I can’t imagine anything worse happening for video games. Like to me, this is what a video game apocalypse sounds like.
Yarr. ☠️
DAMunzy ( @DAMunzy@lemmy.dbzer0.com ) 15•11 months agoIt’s fake
AndrasKrigare ( @AndrasKrigare@beehaw.org ) 5•11 months agoWonder how much money the website made for making up this rumor
I doubt they were able to pull off starting the rumor, more likely it started on its own and they picked it up to drive clicks.
JokeDeity ( @JokeDeity@lemm.ee ) 14•11 months agoHere’s why anyone who thought that was happening is a dumbass: because obviously.
Melody Fwygon ( @fwygon@beehaw.org ) 13•11 months agoGabe Newell knows that any potential buyer will run Valve into the ground. Thus he already promised too long ago that he would never sell or let Valve go public.
Considering how many game studios that Microsoft just killed off in the last 3 years alone; they’re never going to be worthy of buying Valve.
Sina ( @Sina@beehaw.org ) 2•11 months agoI just wish he lived a healthier life.
Queen HawlSera ( @HawlSera@lemm.ee ) English5•11 months agoHe actually lost a shit ton of weight after he moved to New Zealand
Vodulas [they/them] ( @Vodulas@beehaw.org ) 1•11 months agoWhat do you mean?
tombruzzo ( @tombruzzo@lemm.ee ) 5•11 months agoI’m still mad about what Microsoft did to Rare and think about what the Nintendo landscape would look like if it never happened
Queen HawlSera ( @HawlSera@lemm.ee ) English3•11 months agoThe story I heard was they bought Rare thinking this would give the rights to Donkey Kong, and when they realized this wasn’t the case after the fact, they basically threw them into the Kinect mine, which later became the Sea of Thieves mine.
Queen HawlSera ( @HawlSera@lemm.ee ) English4•11 months agoIf Valve was a publicly traded company, Steam would have turned to shit ages ago.