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Carl Icahn Increases Stake in Game Publisher Take-Two

New York - Activist investor Carl Icahn has purchased an additional million shares of video game publisher Take-Two Interactive (NASD: TTWO), Silicon Alley Insider reported, citing a regulatory...

IndustryGamers.com Names Mark Friedler as Publisher

San Francisco - Video game industry news site IndustryGamers.com on Thursday named Mark Friedler as publisher. Friedler previously founded Internet technology and advertising firms VCast and Gigex,...

Nintendo Revenues Fall 23%; Earnings Down 9.4%

Tokyo - Nintendo posted a 9.4% decline in earnings and 23% drop in revenues for the first three-quarters of its fiscal year, ended Dec. 31. The...

Report: U.S. Virtual Goods Market to Hit $1.6 Billion in 2010

San Francisco - The U.S. virtual goods market is expected to surpass $1.6 billion this year, with social gaming contributing $835 million of the total, according...

Male-Focused Network Break Media Forms Game Studio

Los Angeles - Break Media, the operator of a network of websites targeting young males, announce on Monday that it has established a new video development...

Electronic Arts' "Mass Effect 2" Leaked Online Before Release

Los Angeles - Days before its official release, video game publisher Electronic Arts' (NASD: ERTS) "Mass Effect 2" was uploaded to file-sharing networks and has since been...

MumboJumbo Wins $4.6M Verdict Against Rival PopCap

Dallas - Casual games publisher MumboJumbo announced on Monday that a court in Texas has ruled in its favor in a breach of contract claim against...

Icahn to Nominate Three New Take-Two Board Members

New York - Video game publisher Take-Two Interactive (NASD: TTWO) said on Thursday that it will nominate three new board members, at the request of stockholders that...

Social Games Publisher 6 Waves Secures $17.5 Million

Hong Kong - Social games publisher 6 Waves announced on Thursday that it has received a $17.5 million investment from Insight Venture Partners. Hong Kong-based 6 Waves...

"Tetris" Hits 100 Million Paid Mobile Game Downloads

New York - Classic video game "Tetris" has surpassed 100 million paid downloads to mobile phones worldwide, according to distributors Blue Planet Software and EA Mobile. The...