Apple Chasing Handseeing

AUG. 5, 2010 • Apple Inc. was reported to be negotiating to acquire Handseeing Information Technology Co., Ltd. for as much as $150 million. The firm is a mobile Internet service provider and a mobile game developer in China. Such an acquisition would make sense given rampant specul.....

Microsoft China Seeks Approval For Xbox 360 Launch

JULY 29, 2010 • The Shanghai Daily reported that Microsoft China has requested approval from Chinese regulators to sell the Xbox 360 in the country. No timetable has been established since Chinese agencies often evaluate such submissions at their own pace. Impact: The Chinese government banned console systems back in 2000. However, there have been exceptions like the Nintendo iQue. Meanwhile.....

Foxconn Goes Retail

JULY 27, 2010 • According to the Xinhua news service, Guangdong-based Foxconn Technology Group is negotiating  with the government of Henan province in central China to open more than 2,000 chain stores. The technology manufacturer that produces everything from iPhones to Xbox 360s, is .....

Disney Acquires Playdom

JULY 27, 2010 • The Walt Disney Co. acquired the privately held Playdom for $563 million. Based in Mountain View, Calif. Playdom is best known for such games as Mobsters and Sorority Life. Both titles are popular on Facebook and MySpace. Should Playdom meet expectations un.....

PlayStation 3 Sales Pass 38 Million Worldwide

JULY 27, 2010 • For the three-month period ending June 30, Sony reported that it had sold 2.4 million PS3s worldwide, up 118% from the same period last year. Total worldwide sales have reached 38.1 million. In related news, Sony confirmed that it will release fully localized versions of Killzone 3 and INFAMOUS 2 in Latin America next spring concurrent with their U.S. releases. Both titles will be localized in Spanish, with Killzone 3 also localized in Brazilian .....

Low-Cost India Tablet

JULY 23, 2010 • As part of its ongoing education technology initiative, the Indian government worked with professors and students at the country’s elite technical universities to design a $35 tablet to be used nationwide in schools. Materials for the prototype, which runs Google’s Android OS, cost a paltry $47. The Indian government is looking for a manufacturer to produce the design, and expects unit cost to drop to $10. With subsidies, the governme.....