Video game publisher Activision Blizzard Inc. got a lift after a Piper Jaffray analyst urged investors to buy the stock on weakness, placing it among the few bright spots Wednesday as the broader technology sector declined.

By John Gaudiosi

By John Gaudiosi

For several components of the tech sector, Wall Street analysts believe 2009 will be a year of transition. The first half will be painful, the second half slightly better, but the real recovery won’t occur until 2010.Here's the outlook for four key sectors.

Video game publisher Electronic Arts Inc. said on Friday it will cut 1,000 jobs, or 10 percent of its work force, as part of a restructuring plan that will save around $120 million a year.

Video game publisher Electronic Arts says its second-quarter net loss widened as development and marketing costs grew, and the company's shares dropped sharply as it cut its earnings outlook.

Video game publisher Electronic Arts may be retracting its hostile bid for smaller rival Take-Two Interactive Software, but a deal -- and a friendly one at that -- is more likely than ever.

Video game publisher Electronic Arts said it will let its $2 billion buyout offer for smaller rival Take-Two Interactive Software expire Monday as it does not believe they can complete a deal before the holiday shopping season.

U.S. video game retail sales soared 53 percent in June, fueled by Nintendo's Wii and handheld DS gaming systems, as well as Konami's blockbuster "Metal Gear Solid 4: Guns of the Patriots" — by far the month's best-selling title.

Microsoft is set to cut the price of its best-selling Xbox 360 Pro model to $299 from $349, a source briefed on the matter said on Friday.

Japanese videogame maker Square Enix said on Tuesday it had launched its first game for Apple’s iPod, broadening its target hardware to the top-selling media player.