FOSTER CITY, Calif. _ Guidewire Software Inc. on Tuesday reported fiscal fourth-quarter net income of $11.9 million. Five analysts surveyed by Zacks expected $121.9 million. For the current quarter ending in November, Guidewire Software expects its per-share earnings to range from 1 cent to 5 cents.» Read More
This year, though, it’s the game that publisher Electronic Arts hopes will turn around what has, so far, been a disappointing 2009.
Video game sales continued their downward spiral in July, the fifth consecutive month of declines in an industry many have referred to as “recession resistant.”
Driven by the pressure to innovate, companies facing major technological change have wholeheartedly embraced management gurus’ advice on how to develop creative, breakthrough products. As a result, corporate America is flush with incubators, skunk works and innovation silos.
Carol A. Bartz, chief executive of Yahoo, has been hobbled, the New York Times reported.
Sony and Nintendo may tell anybody who will listen that they’re not planning to drop console prices this year, but judging by the results from each company’s first fiscal quarter, neither video game console maker may have a choice.
With video game sales already 12 percent behind last year's pace, video game publishers and retailers have been counting heavily on a strong holiday season to help turn things around. More and more, though, that's looking unlikely.
Microsoft posted a steeper-than-expected 17 percent drop in quarterly revenue and said its business continued to be hurt by the weak global PC and server markets, sending its shares tumbling.
Microsoft says it is now sending computer makers the final programming code for Windows 7, its new operating system.
If you’ve got some lingering recession rage, you’re going to want this app, a videogame for your iPhone or iTouch that let's you squash shady bankers and CEOs.
Video game sales in June posted the biggest year-over-year decline in nine years, rounding out a very weak first half for the industry.
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.
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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.