Walt Disney has laid off a significant portion of its gaming studio employees, the company confirmed Tuesday.
The war of words between Activision-Blizzard and Electronic Arts has moved to a new plateau. Activision has added the rival publisher to its $400 countersuit against the creators of the “Call of Duty” franchise.
The device will be the first mass market consumer device to offer stereoscopic 3D images without the need for special glasses – something analysts see as critical to the success of 3D in the market.
Tennis video games aren’t annual titles, but when they hit the market they always seem to do better than expected.
For the second year in a row, retail sales were down in the video game industry — the first time it has recorded negative growth in back to back years.
The 2010 retail numbers are expected to show their second consecutive decline—a first for video games.
With a slew of new product offerings, 3D will continue its assault at retail this year. LG, Samsung and Panasonic all plan to include the technology in a wider array of products— most importantly in TV sets and Blu-ray players that aren’t being aimed at the high-end, early adopter audience.
Here are the best performing companies in the technology sector in the last twelve months.
Find out why Cramer is praising President Obama’s new right-hand man.
With Apple having paved the way for tablets last year, 2011 is when the competition is hoping to chip away at the company’s dominance in the category. It’s going to be a tough fight, though.
A company known for its adult-themed dating website is jumping into the venture capital game.
This could also be the year fitness goes high tech, as 2011 Consumer Electronics Show is including a Sports and Technology summit. This follows a growing trend in exercise related video games, including the Microsoft Xbox 360 Kinect and PlayStation Move.
It’s pretty astonishing just how quickly Apple iPhone users have grown to rely on the phones—and how much control they have given it (along with the iPod Touch and iPad) over their day to day lives.
After predicting in his last two keynote addresses at the Consumer Electronics Show that innovation from the consumer electronics would help the U.S. economy rebound, Gary Shapiro is standing by his message. The question is now whether there is enough innovation to jump-start things for 2011, especially after consumer confidence unexpectedly dipped in December.
Another year, another CES. I’ve seen so many that they all begin to blend. But change is always afoot in the consumer electronics business, and so there’s something new every time.
Groupon, the social buying site that spurned a $6 billion takeover bid from Google earlier this month, has attracted several big institutional investors as it works to potentially go public in 2011, people briefed on the matter told the New York Times.
Microsoft’s Kinect was a solid hit this holiday season, but the game console’s success alone may not be enough to boost the video game industry for next year, said Evan Wilson, entertainment analyst at Pacific Crest Securities.
Facebook likes big numbers — it now has more than 500 million users, each one of whom can have as many as 5,000 friends. Yet as a privately held company, its ownership base must remain small, or it will have to disclose publicly its financial results, the New York Times reports.
"Look at the number of people watching Jay Leno, David Letterman and Jimmy Fallon and combine them," says Activision-Blizzard's CEO. "You still have more people playing ‘Call of Duty’ now."
Paul Sankey, a highly regarded analyst at Deutsche Bank, revealed his best pipeline plays for the new year.