Apple Chasing Handseeing

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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…..
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Microsoft China Seeks Approval For Xbox 360 Launch

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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…..
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Disney Acquires Playdom

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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…..
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PlayStation 3 Sales Pass 38 Million Worldwide

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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 …..
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Electronic Arts Signs English Premier League

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JULY 21, 2010 • The purveyor of the FIFA video game franchise, EA Sports, signed an exclusive four-year partnership with the English Premier League (EPL). The league will promote the EA Sports brand during televised matches, and will dedicate content for future FIFA ti…..
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