World Business Report
Rockstar shares tumbled after delaying the release of GTA 6
May 2, 2025
Shares of Take-Two Interactive plummeted following the delay of Grand Theft Auto VI, raising concerns about the gaming industry. Meanwhile, Trump threatens Harvard's tax-exempt status, sparking heated debates on academic freedom and executive power. As Skype approaches its shutdown, the podcast reflects on the emotional resonance of its iconic ringtone and the broader impacts of tech transitions. Listeners will hear personal accounts from educators about the complexities of school vouchers amid ongoing funding debates in public education.
26:29
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Quick takeaways
- The announced delay of Grand Theft Auto VI until May 2026 has led to an 8% drop in Take-Two Interactive's stock, highlighting market sensitivity to release timelines.
- The potential revocation of Harvard University's tax-exempt status by the Trump administration raises concerns about governmental overreach and the impact on academic freedom and research funding.
Deep dives
Delay of Grand Theft Auto VI
The anticipated release of Grand Theft Auto VI has been postponed to May 26, 2026, which has disappointed many fans and investors alike. Rockstar Games cited the need for more time to ensure the game's quality meets high expectations, particularly given the success of its predecessor, GTA V, which has been a top seller for over a decade. The delay also affected the stock price of Take-Two Interactive, the parent company, indicating the market's sensitivity to such announcements. Despite the immediate negative backlash, industry experts suggest that quality takes precedence over rushing the release, which aligns with the long-term success of the franchise.
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