We begin with the booming video Game Industry. Revenue is on the rise, but there is an issue that many Video Game Developers dont want to talk about. Cheating hackers trying to find vulnerabilities in the game and then sell those cheats online. Gaming the game is this weeks cover stop and josh lipton has our investigation. Eliminate the terrorists. Reporter take a close look this is the exact same video game, but in the version on the right, the player has special software or cheats that makes it easier to win. The bot behind him, well see him in a second. Reporter in this modified game, you can see the enemy through walls. A distinct advantage bill denner copa is an 18yearold recent High School Graduate but dont let his age fool you hes an expert in hacking video games to create cheats, something he knows could ruin the game i dont think im a good guy or necessarily a bad guy but i think a lot of what i do can be interpreted as being the bad guy. Reporter to find cheats, hackers find
Joining us is mark mahney and mark blacklength. Mark, we have covered some of the sources of worry in the earlier hours. I think i saw you cut your target about 100 bucks is that right . Yeah, thats right. Look whats the thinking yeah. Were going to buy this dip. You are getting close to a trough multiple on amazon. Its around 15 tyimes cash flow you are close to a bottom. This oneday investment thats depressing margins near term, this is the kind of investment you should expect out of amazon. Its the investment you should want out of amazon it will get harder for anybody to compete with amazon in terms of that level of delivery. The one real thing to focus on i dont think the call did enough justice to this is that aws business. Amazon, they are pivoting or adding they are going after the enterprise they are under pressure near term i think people are worried about the percentage slowdown in Revenue Growth focus on the dollar of growth year over year thats accelerating. That tells you
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Amid changes in the way companies handle remote and hybrid work, the office market was active in the past year, according to Colliers' research manager for Maine, Kristie Russell.
NEW HIRES Colin March has joined Key Bank as commercial sales leader, assuming responsibilities from Raymond (Chip) Kelley when Kelley retires from Key at the end of November. March previously worked at TD Bank, where he was a senior relationship manager responsible for middle market clients in Maine and New Hampshire. Allison Walton is a […]