*Intel to offer $54 per share- source. May 29- Intel Corp has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. The deal will allow Intel to bundle its own server chips with Altera's line of programmable chips,...» Read More
Investors are predictably slamming shares of Take Two Interactive Software after Monday’s downwardly revised revenue guidance, with the focus primarily on the financial impact.
While video game sales top Hollywood’s annual box office receipts these days, they still have a lot to learn from the movie industry.
As the Markey-Waxman bill on carbon emissions cap-and-trade makes it way through the Senate, a new carbon-counting reality may soon be here for American businesses.
An army of "zombie computers" infected by a hackers’ program paralyzed major government, bank and newspaper websites in South Korea in cyber attacks that officials here said on Wednesday were apparently linked to similar attacks in the United States.
Sales of new video game software are down 7 percent compared to 2008, according to the NPD Group. But a new study by Nielsen finds that used game sales are at an all time high.
Video game systems could be significantly cheaper this holiday season.
A PSP Phone could help Sony gain further traction in the mobile gaming market, and might just give it the boost its needs to catch up with Nintendo’s DS and DSi systems.
Best Buy has launched a trial program allowing video gamers to trade in their old titles for store credit. The big box retailer is the latest in a string of companies that is exploring ways to tap into the growing used game market, which currently is valued at between $2 billion to $3 billion annually.
id Software, the inventor of the first person shooter genre of video games and one of the most storied studios in the gaming industry, is no longer independent.
Take-Two Interactive Software announced a multi-year partnership with Tencent Holdings, which runs China's largest instant messaging service and has a significant presence in the country’s online gaming market, to co-develop an online version of "NBA 2K" for the Asian marketplace.
Oracle reported earnings above expectations as its profit margin hit a record and software sales fell less than analysts had projected.
The move to a controller-less gaming culture might open up the industry to an even wider audience, as Microsoft (MSFT) hopes — but if Project Natal lives up to its hype, it could negatively impact some significant industry players.
Booth babes are typically a part of a gaming convention's scenery. They’re there to draw attention to the exhibitor — and perhaps pose for pictures — and not much more. But this agency owner says she believes having a model that's enthusiastic about the product can ultimately boost interest in the product.
It’s not just professional gamers who can make money playing “Halo”. Now, if you have the chops, you might be able to fatten your wallet as well.
For the second time in two years, a key member of Microsoft's management team for the Xbox is leaving the company.
We're still a long way away from seeing the next generation of Xboxes, PlayStations and … whatever Nintendo has up its sleeve, but Ubisoft is already preparing for the future.
Microsoft is holding its quarterly dividend steady and is backing a proposal allowing large shareholders to call special shareholder meetings.
While it owns one of the most successful franchises in gaming, Take Two Interactive Software has taken its share of hits over the past year.
In today's lean times, more folks are forgoing expensive gym memberships and doing their exercising at home, so it seems like a good time for Electronic Arts to launch EA Sports Active. The product, which is off to strong start on Amazon, is EA Sports first targeted primarily to a female audience.
If there is a Rasputin of the video game world, it’s Atari. Like the Russian mystic who, according to legend, survived numerous attempts on his life, the long-time video game publisher keeps finding ways to survive after the video game industry has left it for dead.
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Matt Hunter is the senior technology editor at CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.