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Sony Layoffs Announced After $6.4 Billion Loss
APRIL 10, 2012 ● Sony Corp. announced an annual net loss of $6.4 billion, which means its investors have not seen a profit in four years.  The company said sales of...
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Interview: Shanda GamesTargets All Platforms
APRIL 6, 2012 •           These are momentous times for online game companies based in China. Their home market continues to show impressive growth, and the...
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Drexel University Research Says Xbox 360 Credit Card Data Not Deleted
[caption id="attachment_463" align="alignleft" width="290"] The Xbox 360's hard drive.[/caption] APRIL 1, 2012 ● According to a Drexel University study, resetting an Xbox 360 to original factory settings does not delete...
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Kabam Acquires Gravity Bear
[caption id="attachment_460" align="alignleft" width="290"] Gravity Bear is now in Kabam's orbit.[/caption] MARCH 29, 2012 ● Free-to-play publisher of hardcore social games Kabam announced it acquired 
Emeryville, Calif.-based 3D
social 
game developer
...
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thatgamecompany Journey Fastest Selling PlayStation Network Title
[caption id="attachment_455" align="alignleft" width="290"] Journey is a PSN exclusive.[/caption] MARCH 29, 2012 ● Los Angeles-based developer thatgamecompany has broken PlayStation Network and PlayStation Store records with its third title, Journey....
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Best Buy to Close 50 Stores
MARCH 29, 2012 ● After reporting a $1.7 billion loss on March 3, Best Buy announced that it would close 50 stores during the next year, as well as cut...
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U.S. Families Fond of Apple Devices
[caption id="attachment_447" align="alignleft" width="290"] Many homes own multiple Apple devices.[/caption] MARCH 28, 2012 ● In a telephone poll of 836 households, the CNBC cable channel's All-America Economic survey extrapolates that...
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Xbox Live Adds AAA TV Content
[caption id="attachment_443" align="alignleft" width="290"] Now on Xbox Live.[/caption] MARCH 27, 2012 ● Xbox Live Gold members now have access to three new major content providers: HBO's GO on demand service...
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