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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...