Is their Vanguard anti cheat still a root kit?
Yup and i cant even have virtualization enabled to use docker or I cant play Valorant. I have to constantly toggle and reboot system.
Changes at Riot Games and the road ahead
91–100 of 174 posts
Re: Changes at Riot Games and the road ahead
#92Earlier quoted context omitted.
Is the economy bad? Seems fine to me. In general a “bad economy” seems entirely made up. It’s not like the money just disappears. I think it’s a concept invented to facilitate wealth transfers.
> It’s not like the money just disappears. Tencent has lost a lot of value in the past few months and has had a terrible year overall. The value has disappeared. > I think it’s a concept invented to facilitate wealth transfers. Well, if you transfer a bunch of wealth upwards, it's going to have negative consequences that travel downwards. Those who receive them may describe the economy as "bad." Which not only descri…
Tencent lost a lot of value because China decided to crack down on a number of Asian business video game business models last year, and this directly affected a large portion of Tencent's portfolio.
However, according to their Q3 filings (Q4 has not been filed yet), their video game revenue is actually up and they specifically cite the performance of Valorant.
So the issue for Tencent wasn't Riot Games, it was its Chinese developers.
Re: Changes at Riot Games and the road ahead
#93Meanwhile, their Seattle area office that they purchased for $114M in 2021 https://www.mi-reporter.com/news/riot-games-stands-in-the-pe... to put in ~400 people is almost done https://www.riotgames.com/en/news/riot-seattle-office-design... and from what I can see through the windows, it's looking really nice.
Re: Changes at Riot Games and the road ahead
#94Earlier quoted context omitted.
> It’s not like the money just disappears. Tencent has lost a lot of value in the past few months and has had a terrible year overall. The value has disappeared. > I think it’s a concept invented to facilitate wealth transfers. Well, if you transfer a bunch of wealth upwards, it's going to have negative consequences that travel downwards. Those who receive them may describe the economy as "bad." Which not only descri…
Tencent lost a lot of value because China decided to crack down on a number of Asian business video game business models last year, and this directly affected a large portion of Tencent's portfolio. However, according to their Q3 filings (Q4 has not been filed yet), their video game revenue is actually up and they specifically cite the performance of Valorant. So the issue for Tencent wasn't Riot Games, it was its Ch…
More recent news shows that the "government official" in charge of introducing this new rule was fired and the rulemaking abandoned.
Their total value loss has occurred solidly throughout 2023. No part of the year was particularly good for them, and the regulator news doesn't seem to have had any unique impact, at least looking at their OTC chart.
Re: Changes at Riot Games and the road ahead
#95> This isn’t to appease shareholders or to hit a quarterly earnings number—it’s a necessity. They don't seem to explain in any way why it's a necessity.
I read that as they have negative cash flow and need to fix it ASAP.
If that's true, then this is the weaseliest way to express that:
> The adjustments we're making aim to focus us on the areas that have the greatest impact on your experience while reducing investment on things that don’t.
Re: Changes at Riot Games and the road ahead
#96Earlier quoted context omitted.
Can you explain? Unemployment is still very, very low and there are hundreds of thousand of open positions out there. Not sure about game companies, hence my asking.
I read an article about this recently, but can’t find it to officially cite it. However, the thrust was something like this: Despite unemployment being low, the reality is that many of those “thousands of positions” are either geographically-distributed duplicates of the same position, eternally-open cattle calls, or open-but-basically-a-formality for either getting a visa or an internal move. This makes the number o…
I don't think these numbers are for tech only anyways. Further, it seems like the high demand is around service jobs and not white-collar office jobs either. So it's probably easy to find a job, but you are gonna be selling donuts, not produce art for video games or earn 400k+ building apps.
Re: Changes at Riot Games and the road ahead
#97Earlier quoted context omitted.
The difference between multiple months/years of emergency savings and retirement savings is intent (and timeline). I could afford to take months or years off, but I’d rather let that money grow in an interest-bearing account for decades and spend it later.
Sure, but in any case having savings (even retirement savings) allows you to not "frantically" look for a job and be slightly more selective.
It is primarily psychological difference. I have 10 years of expense as savings. But that is tied in my retirement/emergency/child education plans. If I stop earning for 1 year, I'll be dipping in them which will create a pressure.
Re: Changes at Riot Games and the road ahead
#98Has anyone noticed that there are now 78 comments on this post and no Rioters checking in? Have I missed something? On any HN corporate layoff post, we should expect some volume of named company FTEs or impacted folks commenting. There seems to be a pattern here that has been ebbing and flowing over the last few years. Should this be a titled phenomenon/effect? I see at least 3 options here: 1) Named company employee…
I always assumed, perhaps naively, that gamedev folks skewed younger on the whole due to work life balance and burnout, whereas this site skews a bit older. Maybe just a demographic mismatch?
Re: Changes at Riot Games and the road ahead
#99Earlier quoted context omitted.
Yeah to be honest, a half-year sabbatical with time to job hunt non-frantically is a luxury I've never had. I love my current job, but I would probably look at a half year severance like a vacation.
Sorry for the intrusive question but if you make software engineer level salary how is it that you don't have multiple months/years saved to mitigate for those possible layoffs? Or did we all fall for the lifestyle inflation trap that comes with high salaries? I'm probably a pessimist/realist but I have always lived way below my income and saved as much as possible because it really feels like the cash cow that softw…
Same, my rule is my gross yearly salary or 24 months all recurring expenses whatever is larger. I try to set my lifestyle to where the 2 years expenses are 70% of gross salary which is honestly not terribly difficult as a dink.
Peace of mind for the cost of "only" making 4.65% interest is well worth it to me.
Re: Changes at Riot Games and the road ahead
#100Earlier quoted context omitted.
Yeah to be honest, a half-year sabbatical with time to job hunt non-frantically is a luxury I've never had. I love my current job, but I would probably look at a half year severance like a vacation.
Sorry for the intrusive question but if you make software engineer level salary how is it that you don't have multiple months/years saved to mitigate for those possible layoffs? Or did we all fall for the lifestyle inflation trap that comes with high salaries? I'm probably a pessimist/realist but I have always lived way below my income and saved as much as possible because it really feels like the cash cow that softw…
I'd rather not tip into my savings if possible. All of my savings are also not liquid.