It’s 2024 can we stop pretending headlines like these are some kind of potential indicator of good rather than just putting pins in a map for the sake of records where billion dollar companies ravage mile wide swathes through forests of smaller functional companies and destroy everything good about them?
Yes I know in this particular case Epic is already a dysfunctional massive trashfire but this will just accelerate the enshittification into more of a drag race.
Can one take a stake in a company? Or do they buy a stake in a company by purchasing shares? Why can’t we just use the words that are meant for the thing we’re describing?
Taking a stake implies that they just yoink grab it and it’s theirs. Buying a stake means spending money to own a share. Maybe it’s a silly technicality, but words matter goddamnit.
I'm guessing none of these shares were purchased from Tencent's 40% stake? That's often been the main reason I limit my interaction with Epic where possible.