Asian shares were mixed on Thursday as slowing property prices in China offset relief over the U.S. Federal Reserve's accomodative policy stance.» Read More
A heroin pusher and a honey bee put some sting back into the movie business.
Seems I struck a nerve with yesterday's post on the format war involving next generation DVD's. I came into the office today, welcomed by a flood of nasty e-mails challenging the blog, the premise, the spelling (sheeesh, "their" vs. "there" -- it's been corrected!)
Could it be a "black-and-blue" Friday for Blu-ray? There are rumblings about a big announcement coming from Wal-Mart that could give a big boost to HD-DVD. I'm hearing that the company will begin selling the Toshiba HD-A2 for $98 in a special one-day, in-store secret sale. The unit sells for $198 at Circuit City and Amazon, so this is a steep discount.
In the entertainment industry, the idea of being green is very, very cool. You can't go two feet without seeing a Prius--they're even becoming the limo-of-choice for the Oscars. I myself bought a Prius in May and I love it. Not only is it eco-friendly, but it's also incredibly convenient. Not having to fill up that often saves a ton of money, and all that time wasted at the gas station. Tons of time.
On the eve of what could be a major shift in Nintendo's family friendly approach to video-gaming, there comes word, courtesy of iSuppli, of just how big the Wii has gotten: how about #1? ISuppli reports that Nintendo has actually replaced Sony as the number one video game console vendor, surpassing the PlayStation maker in the third quarter, 2007.
French software company Dassault Systemes lowered its 2007 earnings and revenue goals to factor in a weaker dollar after it posted a 3 percent drop in third-quarter earnings per share on Tuesday.
NBC Universal and News Corp's HULU.COM finally launches after six months, plenty of delays, name-calling, and mocking. The joint venture between NBC Universal and News Corp's Fox was announced in March, conceived as a media company-controlled way to distribute a broad range of professionally created content--a viable alternative to YouTube.
Microsoft shares soared to a six-year high Friday, after issuing a muscular first-quarter earnings report and raising its full-year earnings guidance the day before.
Japan's Nintendo nearly tripled its first-half profit and boosted its annual earnings outlook on Thursday as its popular Wii and DS game machines outsell rival Sony's PlayStation.
Wildfires continued to burn out of control across Southern California for a third day on Tuesday as 500,000 people fled the San Diego area, and firefighters made a desperate stand to save a mountain town ringed by flames.
Japan has developed the second most technologically powerful economy in the world after the United States, and the third-largest overall economy, after the U.S. and China.
The corporate headquarters of Sony Electronics has been closed Tuesday for the second day due to the wildfires ravaging Southern California.
A quarterly profit increase of 10 percent at Texas Instruments represented both good - and not-so-good news for Texas Instruments
Sources I'm talking to at the company suggest that an announcement could come soon that Microsoft will unveil a new version of Xbox 360 featuring a built-in HD-DVD player and HD tuner. The device might be officially unveiled during Bill Gates' keynote at the upcoming Consumer Electronics Show in January, which could be a bummer since it misses this upcoming Holiday Shopping season.
Microsoft said it would cut the Japan price of its Xbox 360 game gear by 13 percent to 34,800 yen ($305) on Nov 1 in a bid to shore up demand for the console struggling in a home turf of Nintendo and Sony.
The new vampire thriller "30 Days of Night" sucked the life out of its box office rivals, opening at No. 1 with estimated weekend sales of $16 million, according to studio estimates issued Sunday.
U.S. sales of video game hardware and software jumped 75 percent in September, driven by Microsoft's "Halo 3" and Nintendo's Wii console.
Sony on Thursday cut the price of its PlayStation 3 game console in the U.S. and announced an even cheaper model that will arrive before the holiday shopping season.
MySpace, the world's largest social networking site, said Tuesday it has signed a music video licensing deal with Sony BMG Music Entertainment supported by sharing advertising revenue.
The domestic box office has been disappointing the past two weekends, especially compared to last year's boffo openings of "The Grudge 2" and "The Departed." But actor/director Tyler Perry came out smiling, his "Why Did I Get Married" comedy from Lions Gate bringing in $21.5 million on what must have been a very small production budget.