Paul Loughrey (Page 8)

Stream Theory, providers of streaming application technology, has filed a lawsuit to protect one of its longest standing technology patents, alleging infringement from three rival firms.

Konami has released its financial report for the year ended March 31st, revealing a drastic fall in profits and operating income, related in part to expansion plans for its Health and Fitness division.

Piper Jaffray analyst Anthony Gikas has upgraded EA stock to "outperform" and labelled the company as good value for investors, boosting the publisher's standing on the Nasdaq stock exchange.

Tennessee Senator Tommy Kilby has withdrawn his controversial anti-violent videogames bill following concerns over its legitimacy under the First Amendment.

EA manages to defend its position for a fourth consecutive week atop the all-formats sales chart, boosted by the timely launch of a new version of <i>FIFA World Cup Germany 2006</i> for the PSP.

Organisers of the annual Austin Games Conference have announced an extension to this year's event, which will now span three whole days of lectures, presentations and tutorials on all aspects of game development.

Conspiracy Entertainment has established a new European publishing arm, its UK offices open for business with industry veteran Howard Newmark at the helm and a number of deals already in place.

The Minnesota House of Representatives has passed a new bill which proposes a USD 25 civil penalty for minors who knowingly buy or rent Mature or Adult Only ESRB rated videogames.

US videogames retail giant GameStop has posted its first quarter financial results, showing a rise of 13 per cent in profit and revealing strong hardware and software sales for Xbox 360.

Veterans of Ubisoft's recently closed Wolfpack Studios have established Stray Bullet Games, pledging to continue support for the former studio's MMO title, Shadowbane.

PC gaming update and patch technology provider GameShadow has announced the appointment of Nicholas Lovell to the role of Chief Executive Officer.

A lawsuit alleging insider trading relating to the merger of US videogame chains Electronics Boutique and GameStop has been settled, the accused parties fined in excess of USD 1 million.

The House committee for the state of Louisiana has unanimously passed a new videogames legislation bill, in spite of questions regarding its validity due to constitutional protection of freedom of speech.

The latest US videogame sales data from NPD has revealed a 16 per cent rise in software sales during April, reaching USD 699 million and ending seven consecutive months of decline.

Speaking to our sister site <emph>Mobileindustry.biz</emph>, I-play's CEO has defended the company against claims of insolvency following heavy losses in 2005, reaffirming its position as the second largest mobile games publisher in the US.

Sega Sammy Holdings has posted its financial report for the year ended March 31st, revealing a 31 per cent rise in net profit boosted by strong sales of videogames in local and international markets.

Following an SEC investigation into the financial dealings of Infinium Labs, former CEO Tim Roberts has been charged with fraudulently inflating company stock to fund the perpetually vaporous Phantom games console.

Namco has announced that development of its Xbox 360 title Frame City Killer has been cancelled due to undisclosed development issues and the company will be turning its focus to new titles.

Celebrating its third week at the top of the all-formats chart, EA's <i>FIFA World Cup Germany 2006</i> continues to enjoy strong sales on multiple platforms, but Lara Croft holds firm in second place.

Dave Perry, industry veteran and founder of Atari's Shiny Entertainment development studio has founded a new consultancy company, designed to facilitate penetration of the US market.

Atari has announced a new deal with independent in-game advertising network IGA Worldwide, for the provision of targeted dynamic ads in the PC version of Test Drive Unlimited.

The advisory committee of the Marketing Interactive 06 conference has announced the formation of a new trade organisation, designed to support marketers and associated professionals in seizing new opportunities in the industry.

Nintendo's share price risen sharply after the company's debut showcase of its new Wii console at E3, investors encouraged by the company's plans despite the lack of any firm pricing details for the machine.

Software publisher NCsoft has been fined USD 5,000 by organisers of the Electronic Entertainment Expo, allegedly breaching stringent rules on noise levels for publishers attending the annual event.

US assemblyman Leyland Yee's controversial California games bill could fail under legal challenge from the ESA, as the judge issues a "strict scrutiny" ruling before considering his final judgment.