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China's Linktone Buys Control of Mobile Games Firm Letang

Beijing - Linktone (NASD: LTON), a provider of mobile entertainment services in China, announced on Wednesday that it will acquire controlling interest in mobile and online game...

Shanda Games to Acquire Mochi Media for $80 Million

San Francisco - Shanda Games, the Chinese online games publisher, announced on Tuesday that it will acquire Mochi Media, an ad network for online games, for...

Netflix Likely to Offer Streaming Video on Nintendo Wii

Las Vegas - Netflix (NASD:  NFLX) is likely to make its streaming video service available on the Nintendo Wii console, adding to the feature already popular...

Judge: Chicago Transit Authority Can't Ban M-rated Game Ads

Chicago - A federal judge has ruled that the Chicago Transit Authority may not ban advertisements for M-rated video games, saying the ads "promote expression that...

Sony: PS3 Holiday Sales Hit Record 3.8 Million Units

Tokyo - Sony (NYSE: SNE) Computer Entertainment announced on Thursday that holiday sales of its PlayStation 3 game console topped 3.8 million units worldwide, marking a 76% increase...

Razer, Sixense Team on Motion-Sensing PC Game Controller

Las Vegas - Razer, a manufacturer of video gaming hardware, announced on Thursday that it has partnered with Sixense Entertainment to develop a motion-sensing and gesture...

Microsoft: Project Natal Gesture-based Gaming to Ship in 2010

Las Vegas - While providing few details on the project, Microsoft (NASD: MSFT) CEO Steve Ballmer said during his keynote at the Consumer Electronics Show that the...

Sony Mistakenly Posts "Armored" Movie on PlayStation Network

Los Angeles - Sony (NYSE: SNE) Computer Entertainment accidentally made the Screen Gems film "Armored" -- still currently in theaters -- available for download from its PlayStation Network...

Gaikai Secures $5 Million for Cloud-based Gaming Service

Amsterdam - Gaikai, a start-up developing a cloud-based gaming service, has raised $5 million in its first round of funding, PaidContent reported, citing a regulatory filing. Details on...

Stealth Social Gaming Start-up DNA Games Nabs $2 Million

San Francisco - DNA Games, a stealth-mode developer of social games, has raised $2 million in new funding, PaidContent reported, citing a regulatory filing. The company was...