Two days after Sony announced that a major computer hack had possibly compromised the credit card numbers of tens of millions of customers, a US Senator is demanding a Department of Justice investigation into the matter—and complaining that Sony did not come clean about the breach soon enough.
While Sony says it is still unsure if the hacker who broke into its PlayStation Network and Qriocity Music Service was able to access credit card information, consumer advocates are on high alert.
Sony's acknowledgement that hackers have compromised its PlayStation Network put 70 million subscribers on alert — and left a lot of people with a lot of questions.
Six days after a security breach of its PlayStation Network, Sony said Tuesday that the incursion was much worse than expected and hackers had obtained personal data on 70 million subscribers.
Hackers have managed to cut Sony off at the knees in several of the most competitive aspects of this generation of video games.
A prototype of the new device, which has been rumored for the past several weeks, will be unveiled at E3, the video game industry's annual trade show in June.
While the Xbox 360 and PlayStation 3 were born with 10-year life cycles in mind, the Wii hit the market with a much shorter projected lifespan. Now there's growing talk that the company could announce its successor as early as June.
As the iPhone has stolen the media spotlight and been touted as the sole competitor for Nintendo's dominance of the mobile gaming market, Sony has been somewhat left in the shadows.
While Nintendo had a lot to brag about in March, the overall video game industry wasn't so fortunate.
Apple acquires a huge property in North Carolina and builds out a data center. Peter Misek, Jefferies analyst, speculates it may be for a cloud-based video service he says it could be launched in 2012-2013.
GameStop might be the retail sales leader when it comes to video games, but the company's lack of a strong digital arm has always worried analysts.
Sony Online Entertainment, the one-time leader in the online gaming space, has been scaled back significantly.
With its hands tied due to an exclusivity agreement between MLB and Take-Two Interactive Software, EA has had to ride the bench. Today, though, it's stepping back into the batter's circle.
With increasing competition from Apple, and a customer base that's more price-conscious than ever, Nintendo has a lot riding on its new handheld device.
Mad Money host Jim Cramer looks at the headwinds that don't seem to be making a difference to the markets, and says he believes oil will go back to where it was once the Libyan issue is taken care of.
Wondering which video games will define this generation? CNBC.com looks at the 10 best-selling video games. Check out the list!
It wasn't that long ago that Activision-Blizzard was an also-ran in video game industry. But these days, the company is responsible for five of the 10 highest grossing games of all time.
Mobile phone dead zones could be a thing of the past, if a new company called LightSquared lives up to its claims.
Smartphones and tablets will be the headliners at the 2011 CTIA Wireless show in Orlando, where the wireless industry convenes to chart its future the week of March 21. Here are three things to watch for during the week:
The iPad 2 is entering a much different world than its predecessor. And while Apple still holds a commanding market share position, it may be in for a much tougher fight this time around.