forbes.com

CMDR_Horn, to politics in Companies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024

They aren’t cowards. They are legally obligated to make more profit for the shareholders. They couldn’t give a rats ass about anything else. Any public company showing “support” for pride is only doing it because they think it will drive more business than they’ll lose. The system is fucked

Empricorn,

Common misconception. Fiduciary Duty means the Board of Directors has to act in a company’s best interest. It does not mean they legally have to maximize every single profit possibility, short and long-term. Some people feel that improving a company’s reputation or outreach is in its best interest, even if it doesn’t increase profits.

It’s also important to know that no one has ever been found guilty of failing to fulfill fiduciary duty, and it’s pretty vague. Companies can still do what they want, don’t let them tell you their hands were tied and they had to do [awful, greedy thing that everyone hates]…

MagicShel,

no one has ever been found guilty of failing to fulfill fiduciary duty

For as big a deal as is made of this by investment advisors and similar roles, this is shocking to read.

ApostleO,

That must be hyperbole, right?

Like… The Enron guys at least, right?

MagicShel,

A quick search suggests Enron and Bernie Madoff are a couple of examples of conviction, but maybe there are nuances I’m not familiar with.

Empricorn,

Those… are examples of straight-up fraud. Of course that’s illegal.

Knock_Knock_Lemmy_In,

Madoff was straight up ponzi scheme fraud, not profit maximisation.

Enron guys were fraudulently booking future possible revenues as certainties.

Deliberate illegal misrepresentation is very different from making a (possibly) sub optimal business decision.

kalleboo, (edited )

Tim Cook even famously responded to a right-wing troll during a shareholder meeting asking Apple to commit to only doing profitable things and dropping stuff like making their production climate neutral with "When we work on making our devices accessible by the blind, I don’t consider the bloody ROI.” “If you want me to do things only for ROI reasons, you should get out of this stock.” and somehow he’s still around

edit: it really pissed them off too haha nationalcenter.org/…/tim-cook-to-apple-investors-…

Empricorn,

I dislike Apple, but respect for that. 👊

jjjalljs,

Wow those people are scum bags. They call it “so called climate change”

Sarmyth,

They are required to provide a safe working environment. I think this has more to do with that for the companies in the retail space.

Those that just produce products are all image and can suffer whatever PR backlash they create.

Bertuccio, to politics in Companies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024

TBF it only made anyone mad.

Many screeched omigodtheyreturningmahkidsgay. Many were annoyed at the blatant pretense at support that did zero actual supporting and just hoped to make a buck. The rest didn’t notice or care.

I guess pretend support is still better than no support, but I didn’t believe they were genuine or courageous a year ago, so it’s not surprising for them to confirm it.

Beaver, to politics in Companies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024
@Beaver@lemmy.ca avatar

I can’t believe the US Navy is scared of bigots.

I wouldn’t trust them to defend the coasts.

holycrap,

They’re not afraid of bigots. They’re afraid of low recruitment numbers.

foggy,

But they’ve already attacked contraception and are already attacking divorce…

Oh. Oh I get it.

Nurse_Robot, to politics in Companies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024

Fucking spineless cowards

HogsTooth, to politics in Companies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024

Cowards

DerisionConsulting, to politics in Companies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024

“Our research shows us that the pink dollar isn’t as profitable as the bigot dollar. We don’t actually care about anything other than profits.”

barsquid,

Exactly. Nobody should have been giving them money for rainbow shit without looking at who they actually donate to and what they actually support.

This is still alarming as a bellwether. The Repub domestic terrorism has shut them up.

blanketswithsmallpox,

It’s hilarious that this thread accuses them of supporting pride to make money was bad but supporting bigotry for money is also bad.

It’s such a perfect microcosm of capitalism and popularity. How gatekeeping good deeds and representation through virtue signaling can turn people away and keep your movement from being funded by billion dollar organizations.

disguy_ovahea, (edited )

Conservatives will paint the can any color that will drive profits, without donating anything to support the cause.

MAGA will scream and shout about boycotting it.

The right’s spectrum is the difference between covert and overt bigotry.

jeffw, to politics in Companies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024

The North Face previously garnered pushback for its “Summer of Pride” event series in 2022 and 2023 in partnership with drag queen Pattiegonia

I’m sorry, which company partnered with a drag queen named Pattiegonia?

Beaver,
@Beaver@lemmy.ca avatar
jeffw,

Interesting and not shocking. But I was just making a joke about the fact that one of their main competitors is Patagonia and the drag queen’s name is Pattiegonia

Beaver,
@Beaver@lemmy.ca avatar
jeffw,

Also not surprising. Chouinard is a lefty who has pledged a ton to environmental causes. I think he put the company into some kind of trust so that the profits will go to environmental causes even after he dies. Really great company

Edit: I think this goes into the details: nytimes.com/…/patagonia-climate-philanthropy-chou…

barsquid,

Hell yeah. This makes me even more satisfied with my backpack.

Downloading this app right now.

Beaver,
@Beaver@lemmy.ca avatar

Let’s go we could use a few informed consumers holding companies accountable

adarza,

some super brilliant marketing exec probably thought it would swipe a few clicks from people misspelling their competitor’s name in search engines.

he works at wendy’s now.

jeffw,

No no, it’s actually a pretty good idea lol. I mean, the exec may very well work at a Wendy’s but that’s probably more so because of all the right wing backlash

TheBat,
@TheBat@lemmy.world avatar

He actually works at Wrendy’s.

Hobbes_Dent, to politics in Companies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024

“We don’t give in to terrorists. Only domestic terrorists.”

Lost_My_Mind,

“We don’t give in to terrorists. Unless they have money. Then we give them goods and/or services in exchange for money.”

dumbass,
@dumbass@leminal.space avatar

We like our beers like we like our terrorism, domestic.

SkullBoi, to games in ‘Suicide Squad: Kill The Justice League’ Ends Its Weekly Updates

Feels so good to see a live service cashgrab fail

Princeali311, (edited )

Their apparent solution to this is more live service games (at least from a few weeks or so ago).

Edit: Link pcgamer.com/…/warner-bros-aims-to-increase-focus-…

TachyonTele,

“If at first you don’t succeed. Fail, fail again.”

DrSleepless, to games in ‘Suicide Squad: Kill The Justice League’ Ends Its Weekly Updates

TIL you can update poop

Whirling_Cloudburst, to games in ‘Suicide Squad: Kill The Justice League’ Ends Its Weekly Updates

It was so bad that many of them decided to finally touch grass.

atmur, to games in ‘Suicide Squad: Kill The Justice League’ Ends Its Weekly Updates

Watching live service games crash and burn is just so cathartic.

EveningNewbs, to games in ‘Suicide Squad: Kill The Justice League’ Ends Its Weekly Updates

Nature is healing.

ampersandrew, (edited )
@ampersandrew@lemmy.world avatar

Not until Helldivers 2 dies too. I was tricked into thinking it was healing, and then that game exploded.

EDIT: The truth hurts, but that’s still a live service game that’s actively working against the interests of consumers and preservationists. The more money and playtime people give it, the worse this situation gets.

Katana314,

I still don’t think the enemy is “all live service games” exactly. A lot of us have a style of gameplay we enjoy that makes us go “That was fun! I want some more of it.”

Just that Rocksteady made singleplayer games well, and their poor shift just informs us that not all games need to be live service, especially when the gameplay shifts to something no one likes in order to achieve Number Go Up (similar situation with Gotham Knights)

ampersandrew,
@ampersandrew@lemmy.world avatar

Number can go up without being tied to a server you don’t and can’t control. Those games still get made, from Titan Quest to Borderlands. Nothing about the gameplay loop of Helldivers offends me; the totally unnecessary forced obsolescence does. The thing that makes it a live service game is the thing that makes it incompatible with surviving for more than a few years without an Act of God, like Knockout City. I also hate that people have been trained into differentiating “single player” and “live service”, as though multiplayer must inherently be this way when it doesn’t have to be. A live service game is just an inferior version of a game they could have made that would survive offline, because it’s tied to their servers. Do you think Sony could have mandated a PSN account after the point of sale if it was available DRM-free and allowed you to run your own servers?

TachyonTele,

There is some hope for these games. For example Shadow of War works perfectly fine now and doesn’t have any of it’s “battle pass” stuff in it anymore. It can happen.
Rarely.

ampersandrew,
@ampersandrew@lemmy.world avatar

If Helldivers 2 gets updated to work offline, including multiplayer, I will no longer wish for its death. I just don’t think that’s at all likely.

BroBot9000, to games in ‘Suicide Squad: Kill The Justice League’ Ends Its Weekly Updates
@BroBot9000@lemmy.world avatar

Any numbers in on how much money they lost?

MrScottyTay,

Considering what companies that make live services target for… They’ll chalk this up as a loss at the amount of All of the money in the world.

ampersandrew,
@ampersandrew@lemmy.world avatar

Approximately $200M, but you can get creative with accounting across multiple products, the way they phrased it.

Potatos_are_not_friends, to games in ‘Suicide Squad: Kill The Justice League’ Ends Its Weekly Updates

Steam puts the player peak for the episode release at just 559 players, and it’s down to peaking under 500 even on the weekend here.

FinishingDutch,
@FinishingDutch@lemmy.world avatar

When you can pack the peak amount of players into a decent sized ballroom, that’s never a good sign for your game’s future.

At this point they’re probably better off just refunding buyers and shuttering the game entirely. Doesn’t feel like this is a salvageable situation.

ParanoiaComplex,

refunding buyers

Image

kureta,

Oof

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