stocks posts

Did graphic card giants align marketing plans?


With the anti-trust suit against Nvidia and ATI still raging (which alleges the two kept prices artificially high by releasing products at the same time and at very similar prices) it was really bad timing for an unwanted Email to surface. Especially when the Email in question was written by Nvidia's Dan Vivoli to ATI's Dave Orton.

Apparently as far back as 2002 (the suit has been going on since '06) the two graphic card giants were talking about alinging their marketing plans. The Email from Vivoli to Orton stated: "I really think we should work harder together on the marketing front. As you and I have talked about, even though we are competitors, we have the common goal of making our category a well positioned, respected playing field. $5 and $8 stocks are a result of no respect."

Nvidia's stock at the close of market today was a "whopping" $11.56 while ATI's (now owened by AMD) was a "stunning" $4.65. Um, there still doesn't appear to be much respect for these guys. Where's Rodney Dangerfield when you need him?

CBS bids $1.8 billion for CNET Networks


After the whole Kane & Lynch fiasco, who takes CNET seriously anymore? CBS does, apparently. In a press release today, the media giant announced that they were offering $11.50 for each outstanding share in CNET, or $1.8 billion in total. CNET owns their own gaming media giant, with GameSpot, GameRankings, Metacritic, and Download.com ranking some of the most popular sites around. The CNET Board of Directors has approved the merger and urges all shareholders to accept the offer for their shares.

The most interesting part to us, however, is the fact that in the release, CBS does not utter the word "games" at all. Apparently, the words "games" or "videogames" are taboo to a multi-national multimedia corporation like CBS. However, "entertainment" is a perfectly fine way to refer to it, even though it could mean books, movies, games, music, or even sports. Can't we at least get an "interactive"?
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