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The current release of the game, "Grand Theft Auto V," is the second best-selling game of all time by units sold after Microsoft -subsidiary Mojang's Minecraft. Rockstar's franchises, which include Grand Theft Auto but also Red Dead Redemption, have helped fuel Take-Two's share price growth and $23.16 billion market cap. Investors and consumers alike have long awaited the release of the next Grand Theft Auto game. In August, when the company reported its fiscal 2024 first-quarter earnings, total net bookings grew 20% year-over-year to $1.20 billion. Among the largest contributors, the company said in a release, were Grand Theft Auto Online and Grand Theft Auto V.Take-Two wasn't immediately available to add further comment.
Persons: Sam Houser, hasn't, It's, Strauss Zelnick Organizations: Interactive, Theft, Twitter, Rockstar Games, Bloomberg, Microsoft, Rockstar, Investors
NBA 2K22 and Grand Theft Auto 5 by Take-Two Interactive Software Inc are seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNov 8 (Reuters) - Take-Two Interactive Software (TTWO.O) on Wednesday forecast third-quarter net bookings below market expectations, hurt by a slowdown in spending on the company's gaming titles such as "Grand Theft Auto" and "Red Dead Redemption". However, investors remain optimistic about the launch of Take-Two's "Grand Theft Auto VI", the latest installment in the franchise. Take-Two forecast third-quarter net bookings between $1.30 billion and $1.35 billion, compared with estimates of $1.44 billion, according to LSEG data. Total net bookings in the quarter fell 4% to $1.44 billion, compared with analysts' estimates of $1.43 billion.
Persons: Andrew Kelly, Zaheer Kachwala, Shounak Dasgupta Organizations: Software Inc, REUTERS, Electronic Arts, Rockstar Games, Thomson Locations: Manhattan , New York City, U.S, Bengaluru
REUTERS/Chris Helgren/File photo Acquire Licensing RightsTORONTO, Oct 4 (Reuters) - Greater Toronto Area (GTA) home prices rose in September for the first time in four months, as the Bank of Canada paused its interest rate hiking campaign, but the level of sales fell to the lowest since January. On a year-over-year basis, home prices were up 3%. "GTA home selling prices remain above the trough experienced early in the first quarter of 2023," Jason Mercer, TRREB chief market analyst, said in a statement. "However, we did experience a more balanced market in the summer and early fall, with listings increasing noticeably relative to sales. New listings jumped 44.1% year-over-year, while home sales were down 7.1%.
Persons: Chris Helgren, Jason Mercer, Fergal Smith, Deepa Babington Organizations: REUTERS, Rights, Toronto Area, Bank of Canada, Toronto Regional Real Estate Board, Thomson Locations: Toronto , Ontario, Canada, Canadian
BEIJING, Sept 6 (Reuters) - Chinese auto chipmaker GTA Semiconductor recently completed a largely state-funded financing round worth over $1.8 billion, state-backed Securities Times reported on Wednesday, with the move described as a clear signal to the domestic chip manufacturing industry that Beijing is still willing to invest in it. With this injection of capital Shanghai-based GTA Semiconductor, one of China's largest auto chipmakers manufacturers by production, has in less than two years racked up over $2.7 billion of mostly state funds, according to the Securities Times. Reuters could not determine whether the auto chipmaker's latest fund-raising was tied to this new fund or not. GTA Semiconductor has been backed by state-owned venture capital firms like Shanghai-based Spinnotec, which first announced the $1.8 billion fund-raising round on Monday, without specifying the entities involved. The large sum GTA Semiconductor raised highlights Beijing's commitment to prop up domestic manufacturers amid an ongoing push to wean off its chipmaking capabilities from foreign dependence, according to the Securities Times.
Persons: Eduardo Baptista, Josie Kao Organizations: Semiconductor, Securities Times, Reuters, GTA Semiconductor, GTA, Thomson Locations: BEIJING, Beijing, Shanghai, China
Take-Two Interactive Software Inc (TTWO.O) on Wednesday rounded off a strong March quarter for the sector that saw its three major players post net bookings growth of between 11% and 66%. The company said "NBA 2K23", "Grand Theft Auto V" and "Grand Theft Auto Online" were some of the top contributors to its net bookings growth in the reported quarter. The company forecast net bookings of more than $8 billion for next year, which was above analysts' estimates. "It (the GTA VI release) would be a watershed moment for the category of open-world games," said MoffettNathanson analyst Clay Griffin. "Tens and tens of millions of units would be sold immediately, and a new or completely refreshed GTA: Online would redefine what a modern 'metaverse' really looks like."
Take-Two Interactive soared 13% on Thursday after the company offered strong guidance that suggests a 2024 release for Grand Theft Auto 6. While the company expects its fiscal 2024 net booking to be as much as $5.55 billion, it expects its fiscal 2025 net bookings to surge to more than $8 billion. Take-Two's fiscal 2024 year is in calendar-year 2023, while its fiscal 2025 year is in calendar-year 2024. Take-Two's Grand Theft Auto series has been wildly successful, with the 2013 release of Grand Theft Auto 5 driving lifetime unit sales of 180 million. Investors got a taste of what Grand Theft Auto 6 could look like after a massive data leak in September 2022 led to gameplay videos being posted online.
Toronto home prices rise for third month in April
  + stars: | 2023-05-03 | by ( Fergal Smith | ) www.reuters.com   time to read: +1 min
[1/2] A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. The average price of a GTA home rose to C$1.153 million ($846,425) in April, up 4% from March, Toronto Regional Real Estate Board (TRREB) data showed on Wednesday. On a year-over-year basis, the average price remained lower, but the pace of decline slowed to 7.8% from 14.6% in March. The average price was 13.6% below the February 2022 peak. "Many buyers have come to terms with higher borrowing costs and are taking advantage of lower selling prices compared to this time last year," TRREB President Paul Baron said in a statement.
Toronto home prices rise in March as new listings tumble
  + stars: | 2023-04-05 | by ( ) www.reuters.com   time to read: +1 min
TORONTO, April 5 (Reuters) - Greater Toronto Area (GTA) home prices increased in March from February, with listings falling at a faster rate than did sales in comparison to a year ago, in the first look at the market since the Bank of Canada paused its interest rate hikes. The BoC raised interest rates eight consecutive times before moving to the sidelines last month. Sales tumbled 36.5% from a year ago, while new listings fell at a steeper rate, down 44.3%, indicating a tightening of market conditions. "As we moved through the first quarter, Toronto Regional Real Estate Board (TRREB) Members were increasingly reporting that competition between buyers was heating up in many GTA neighbourhoods. ($1 = 1.3443 Canadian dollars)Reporting by Fergal Smith; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Russia's 155th Naval Infantry Brigade has suffered heavy losses while fighting in Ukraine. The 155th was considered to be an "elite" unit, but has been degraded, Western intelligence says. It's the latest high-profile Russian unit to see a high number of causalities on the battlefield. SERGEY BOBOK/AFP via Getty ImagesThe 155th is not the only Russian unit considered elite that has suffered severe setbacks and losses in Ukraine. Western intelligence estimates that Russian forces may have suffered as many as 200,000 casualties while fighting in Ukraine, with up to 60,000 troops dead.
After training in Belarus, an elite Russian tank force is back in eastern Ukraine to fight again. The 1st Guards Tank Army has repeatedly been beaten in battle and has suffered heavy lossesThis move comes ahead of an expected Russian offensive in the near future. This tank army consists of several powerful divisions, including the 2nd Guards Motor Rifle Division (GMRD), which had been deployed to Russian ally Belarus for training over the last few months. Smoke rises from a Russian tank destroyed by the Ukrainian forces on the side of a road in Luhansk region on February 26, 2022. Ukrainian and Western officials have warned recently that a possible Russian offensive is looming in the near future.
TORONTO, Dec 6 (Reuters) - Home prices in the Greater Toronto Area (GTA) fell in November as rapidly rising interest rates weighed on the city's once-red-hot housing market, data from the Toronto Regional Real Estate Board (TRREB) showed on Tuesday. The average price of a GTA home fell to C$1.08 million ($794,527) in November, down 1% from October and down 7.2% from a year ago. Prices were about 19% below February's peak. "Increased borrowing costs represent a short-term shock to the housing market," TRREB President Kevin Crigger said in a statement. ($1 = 1.3593 Canadian dollars)Reporting by Fergal Smith in Toronto Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
During his senior year of high school, Arash Lahijani realized he could make money through an unusual side hustle: Writing backstories for video game characters. Arash Lahijani was a high school senior when he learned he could make money writing backstories for video game characters. Since then, he's earned $62,400 writing more than 400 character backstories for an online version of the video game Grand Theft Auto, according to documents reviewed by CNBC Make It. Here's how Lahijani learned how to write video game character backstories and how he plans to grow his income through writing:How to write a video game backstoryLahijani says his writing skills aren't from English classes or extracurricular interests. Those same types of hooks now serve as the first and last sentences of his character backstories, he adds.
Focus will also be on new economic projections, due to be published alongside the Fed's policy statement at 2 p.m. A majority of the 11 S&P 500 sectors rose. read moreIndustrial stocks (.SPLRCI) rebounded 1.4% after a sharp drop on Friday, while banks (.SPXBK) gained 1.9%. Tech heavyweights Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) rose 2.5% and 1.9%, respectively, to provide the biggest boost to the S&P 500 and the Nasdaq. read moreThe S&P 500 posted one new 52-week high and 28 new lows; the Nasdaq Composite recorded 29 new highs and 378 new lows.
Register now for FREE unlimited access to Reuters.com RegisterUnexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.46%. It's a lower volume market, which means that folks are probably just sitting tight at this point waiting to see the next step." Focus will also be on new economic projections, due to be published alongside the Fed's policy statement at 2 p.m. Four of the 11 S&P 500 sectors were lower. Tech heavyweights Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) rose more than 1% each to provide the biggest boost to S&P 500 and the Nasdaq.
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Five of the 11 S&P 500 sectors were lower. Tech heavyweights Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) rose more than 1% each to provide the biggest boost to S&P 500 and the Nasdaq. read moreThe CBOE volatility index (.VIX), also known as Wall Street's fear gauge, rose to 26.67 points. Declining issues outnumbered advancers for a 1.31-to-1 ratio on the NYSE and for a 1.92-to-1 ratio on the Nasdaq.
REUTERS/Andrew Kelly/File PhotoSept 19 (Reuters) - Take-Two Interactive Software Inc (TTWO.O) on Monday confirmed that a hacker had leaked the early footage of Grand Theft Auto VI, the next installment of the best-selling videogame. The company, however, said it did not expect the incident to affect the game's development, helping its shares pare some of their losses from a 6% drop in premarket trading. We have already taken steps to isolate and contain this incident," Take-Two said in a statement. "The leaked footage simply confirms existing market rumors on the game's development that have been circulating for years," Benchmark analyst Mike Hickey said. "We are incrementally more confident the game can release in FY25 and provide a significant catalyst for revenue and profit growth."
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Unexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.47%. The Fed regards a recession as regrettable, but necessary to fight inflation," Grisanti said. The CBOE volatility index (.VIX), also known as Wall Street's fear gauge, rose to 27.72 points, inching closer to a more than two-month high. Focus will also be on new economic projections, due to be published alongside the policy statement at 2 p.m.
Grand Theft Auto The Trilogy by Take-Two Interactive Software Inc is seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. The unprecedented leak included dozens of videos showing robberies, gunplay and open-world driving and was posted on an online message board. An admin for the message board, GTAForums, said Take-Two had asked for the copyrighted material to be taken down. "Based on what we see, the game is further along than many believe and (the leak) won't impact game reception/sales," Jefferies analysts said. GTA VI is estimated to generate bookings of $3.5 billion at launch and an annual average of $2 billion thereafter, according to BofA Global Research.
Take-Two shares slide after GTA VI game footage leaks
  + stars: | 2022-09-19 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +1 min
Take-Two Interactive shares fell more than 2% early Monday after the company suffered a network intrusion where a third party illegally accessed footage of the new Grand Theft Auto videogame. A user called "teapotuberhacker," who is also claiming responsibility for the recent hack at the rideshare company Uber, posted more than 90 videos of GTA VI in its early development stage to an online forum. The videos reveal details like the location, the main characters and other central features of the game. Take-Two Interactive owns Rockstar Games, the studio behind the best-selling GTA series. "However, based on what we see, the game is further along than many believe and won't impact game reception/sales."
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Five of the 11 S&P 500 sectors were down in early trading. Unexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.48%. The S&P 500 has lost 19% so far this year on worries of a central bank-induced recession amid recent warnings of slowing demand from delivery firm FedEx and an inverted U.S. Treasury yield curve. The CBOE volatility index (.VIX), also known as Wall Street's fear gauge, rose to 27 points, inching closer to a more than two-month high.
Morgan Stanley talks about the need to show why Club holding Salesforce (CRM) should stabilize out of Dreamforce conference. I think that's wrong: it's Club holding TJX Companies (TJX), off-price retailer behind T.J. Maxx, Marshall's and HomeGoods. Bank of America says do not sell Club holding Amazon (AMZN) on FedEx (FDX) warning. How about Club holding Disney (DIS)? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Grand Theft Auto The Trilogy by Take-Two Interactive Software Inc is seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File PhotoRegister now for FREE unlimited access to Reuters.com RegisterSept 18 (Reuters) - A hacker released gameplay from Take-Two Interactive Software Inc's (TTWO.O) Grand Theft Auto VI in one of the biggest leaks in gaming history, Bloomberg News reported on Sunday. https://bloom.bg/3R1OKAURegister now for FREE unlimited access to Reuters.com RegisterRockstar Games, a video game studio owned by Take-Two, is the developer of Grand Theft Auto, one of the best-selling videogame franchises of all time. Take-Two Interactive did not respond to a Reuters request for comment outside regular business hours. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Abinaya Vijayaraghavan in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Rockstar Games confirmed a massive hack led to footage of the next "GTA" game to be leaked online. "We are extremely disappointed to have any details of our next game shared with you all in this way," it said. "Our work on the next Grand Theft Auto game will continue as planned ..."On Saturday, over 90 gameplay videos from "Grand Theft Auto VI" were leaked online to GTAForums, a "Grand Theft Auto fan site, by a user with the screen name "teapotuberhacker." "Grand Theft Auto" is one of the best-selling game franchises of all time. "Grand Theft Auto V" is the second-best selling game ever, Rockstar's parent company Take-Two said earlier this year, with 160 million copies sold.
More than 90 gameplay videos of Rockstar's unreleased GTA 6 were leaked on Saturday. Rockstar has confirmed the leak is real as videos spread to more social media platforms. According to The Verge, GTA VI is still in development and won't be ready for release for at least another two years. The last version of the game — GTA V — was initially released in 2013. The leaked videos are being widely circulated on social media although some have been flagged for copyright violations on Youtube, according to the report from The Verge.
În Regiunea de Dezvoltare Centru, partenerii de implementare a proiectului sunt Asociația pentru Guvernare Eficientă și Responsabilă AGER și AO „HABITAT”. Proiectul este structurat în jurul a trei obiective:Primul obiectiv este orientat spre creșterea eficienței serviciilor de salubrizare și gestionare a deșeurilor solide a Întreprinderii Municipale „Dubăsarii Vechi - ACVA”, prin valorificarea potențialului și a resurselor locale, în decurs de 12 luni. este orientat spre creșterea eficienței serviciilor de salubrizare și gestionare a deșeurilor solide a Întreprinderii Municipale „Dubăsarii Vechi - ACVA”, prin valorificarea potențialului și a resurselor locale, în decurs de 12 luni. Obiectivul sarcinii propuse reprezintă sprijinirea echipei de implementare a Proiectului în activitățile de formare a competențelor și consolidarea capacităților a 10 tineri cu privire la alfabetizarea mediatică a tinerilor din localitate. Numărul de zile a contractului este de 5 zile repartizate astfel:1.Elaborarea scenariului Servicii privind pregătirea GTA pentru elaborarea și montarea filmulețului; Tinerii ghidați de expert, vor aduna informații relevante la temă.
Organizations: Uniunea Europeană, UE, Agenția, Cooperare, Germaniei, Municipale Locations: Vechi, Republica Moldova, Regiunea, Municipală
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