Source:Valleywag
There are murmurs of surprise that videogame retailer GameStop has made its way onto the S&P 500 index. More than a decade ago, it was bankrupt. Now it’s eaten not just its competitors’ lunch, but its entire competition, consuming Babbage’s, Software Etc, NeoStar and Electronics Boutique. It’s one of those great adversity-toppling stories business writers love.
One analyst remarks, “Everyone argued that games would be distributed online … but these guys stuck to their game plan.” That’s true, but GameStop’s success is mostly due to the nascent state of digital distribution. Broadband is still too slow, and console hard drives are still too small. Those limitations hinder the sale of full-length, multiple-gigabyte games. GameStop’s success has been a matter of luck as much as timing. Playing videogames has grown as a mainstream obsession even faster than the broadband pipes that were supposed to make GameStop’s business model obsolete. That, and it’s still really hard to download a Wii. (Photo by maulleigh)



Source:Valleywag
What does Michael Arrington have against women? A lot, apparently. His latest target: A blog commenter named “Shelley,” who spoke up on behalf of a photographer, Lane Hartwell. Hartwell, as we’d guessed, was the copyright complainant who knocked the popular “Here Comes Another Bubble” video off YouTube. Canadian blogger Mathew Ingram said Hartwell was wrong. Shelley responded in Hartwell’s defense. And that’s when Michael Arrington joined in and turned the conversation awkward.
“Mathew is right, you are wrong,” Arrington wrote. “But since Lane is a woman, it really doesn’t matter what she did as far as you are concerned. She’s a woman, so she’s right.” And Arrington’s a man, so he’s right! Got it. We’re beginning to understand why BusinessWeek columnist Sarah Lacy threw a drink in this guy’s face.



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