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Nintendo Operating Loss First Ever
[caption id="attachment_478" align="alignleft" width="290"] Not enough of these are flowing into Nintendo's coffers.[/caption] APRIL 27, 2012 ● Nintendo Co. Ltd.  reported its first ever Nintendo operating loss, ¥37.3 billion ($460 million) for the fiscal year ending March 31. Although its
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Zynga Games Are 11% of Facebook’s Revenue
[caption id="attachment_471" align="alignleft" width="290"] Zynga account for a significant number of FaceBook Credits sold.[/caption] APRIL 23, 2012 ● For the three months ending March 31st, Facebook recorded $1.06 billion in first quarter revenue. More interestingly, virtual item sales from Zynga
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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 TVs were down almost 30%, with sales of home audio,
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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 quality games that are coming out of the country are
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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 previously stored Xbox 360 credit card data from the hard
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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
 Gravity
Bear, creator
of the role-playing
 combat game,
 Battle
Punks. Impact: There is
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