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Japanese Mobile App Developer Tonchidot Lands $12 Million
Tokyo - Tonchidot, a developer of mobile "augmented
reality" services including the Sekai Camera app for the iPhone, has
closed a $12 million second round of...
Nintendo Slashes Profit Forecast; 3DS to Ship Next Year
Chiba, Japan - Nintendo announced on Wednesday that it will
launch its 3DS handheld game system next year, missing the crucial holiday
shopping season, as the...
Report: U.S. Virtual Goods Market to Hit $2.1 Billion in 2011
San Francisco - The U.S. market for virtual goods will grown
from $1.1 billion last year to $2.1 billion in 2011, according to a report...
Facebook Reworks Game-Related Notifications
Santa Clara, Calif. - Facebook has reworked how game-related
notifications are spread within users' News Feeds, using an algorithm to
determine how often users' interact with...
Report: Digital PC Game Downloads Top Physical Game Sales
Port Washington, N.Y. - Sales of full-game digital downloads
of PC games totaled 11.2 million during the first half of 2010, surpassing the
8.2 million physical...
Briefs Filed in Supreme Court Appeal of Calif. Video Game Law
Washington - Over 180 parties, including First Amendment experts,
researchers and elected officials, have signed on to briefs urging the U.S.
Supreme Court to agree with...
Sony to Launch Motion-Sensing PlayStation Move on Sunday
Foster City, Calif. - Sony (NYSE: SNE) will release its new motion-based
gaming system, PlayStation Move, on Sunday in North American retail stores. The
PlayStation Move...
Sony to Enable 3D Movies via PlayStation 3 Software Update
Chiba, Japan - Sony (NYSE: SNE) plans to release a software update for
its PlayStation 3 video game console next week that will support playback of...
Microsoft: "Halo: Reach" First-Day Sales Top $200 Million
Redmond, Wash. - Microsoft (NASD: MSFT) said on Thursday that its
"Halo: Reach" title for Xbox 360 generated $200 million in global
sales during its first...
GameStop Authorizes Another $500 Million for Stock Buyback
Grapevine, Texas - Video game retail store chain GameStop (NYSE: GME) on
Thursday announced that its board of directors has authorized $500 million in
additional repurchase funds.
The...