Jeff Huber’s position at EA somewhat explained, but not really

Remember when Google’s Jeff Huber jumped on board for EA? Well, a bit of information regarding the new position has been uncovered but beware, it ain’t too exciting.

Apparently, Mr. Huber will recieve an annual $50,000 added to his already high salary he is earning from Google. Additionally, he will be given 2500 restricted shares and the option to purchase an additional 17,500 shares for $19.46. This is all fine and dandy but it still doesn’t answer the question of exactly what Huber will be doing for EA.

Hey, I told you it wasn’t that exciting.

Read (Joystiq)

GameStop stocks drop thanks to Amazon’s announcement of trade-ins

It looks like GameStop may have finally met its match in terms of the used videogame market.

After Amazon.com’s recent announcement that they will begin testing a trade-in video game program, GameStop’s stocks dropped a full 13% ending the day $3.54 lower than the previous price.

I don’t know about you guys, but if Amazon offers more money for trade-ins than GameStop does, I have no problem receiving Amazon store credit for it.

Read (Joystiq)