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News

Vivendi Games sale put on hold?

Reports are suggesting that Vivendi Universal has temporarily shelved the sale of its games division following lower than expected bids, but other conflicting rumours state that Microsoft and Take 2 may have teamed up for a bid.
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Sony set to demo Cell by next March

Development on Sony's Cell microprocessor continues apace, with SCE boss Ken Kutaragi promising a shareholders meeting in Tokyo that demonstrations of the technology will happen within the current financial year.
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Acclaim set to drop Cube support

Publisher Acclaim is set to cease development for Nintendo's GameCube once its current projects are finished, with CEO Rod Cousens stating that the platform does not supply "appropriate yields".
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UK Charts: Another week at the top for the Matrix

Atari's Enter The Matrix is still the best selling game in the UK this week, marking its sixth week at number one and setting it well on its way to being one of the biggest selling games of the year.
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Japan Charts: New PS2 online titles arrive

Two new PlayStation 2 online titles have launched in Japan, supporting the arrival of Sony's PlayStation BB Pack, which incorporates a console and network adapter - but neither title is setting the charts alight.
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Lik-Sang founder speaks out on Nintendo court case

Following last week's triumphant announcement by Nintendo that it had won a victory over Hong Kong based mail order retailer Lik-Sang, one of the company's founders, Alex Kampl, has spoken about the ruling.
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Japanese newspaper retracts Xbox 2 2006 statements

The Nihon Keizai Shimbun has withdrawn statements attributed to Microsoft chief executive Steve Ballmer in which he said that the next-generation Xbox would arrive in 2006, stating that they were not made by Ballmer after all.
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Nintendo wins landmark court case against Lik-Sang

Hong Kong based Lik-Sang, a mail order company which distributes videogame software and hardware worldwide, has lost a crucial court case brought by Nintendo over the sale of devices which could copy Game Boy software.
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Microsoft VP broadsides Nintendo and handheld gaming

Peter Moore, the one-time head of Sega of America who is now a Microsoft corporate VP for retail sales and marketing, has launched a scathing attack on Nintendo's strategy in the console market and on handheld gaming as a whole.
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Ballmer sets 2006 date for Xbox successor

Speaking in an interview with Japanese journalists, Microsoft CEO Steve Ballmer has pinned down 2006 as the year when a successor to the Xbox will be released - a time frame which could see Xbox 2 being the last of the next generation consoles to appear.
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Vivendi Games results decline as bidders line up

First quarter results from Vivendi Universal reveal a slide in revenues and increased operating losses - but the future of the division is set to become clearer shortly, with the company planning to collect acquisition bids officially on June 23rd.
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No plans for Sega buyout, says Microsoft CEO

The fallout from Sega's ill-fated merger plans continues, with Microsoft chief executive Steve Ballmer commenting to a conference in the USA that the company has no intention of buying into the Japanese publisher.
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SCEE boss reveals new PlayStation Portable details

A host of new details about Sony's forthcoming PlayStation Portable (PSP) console have been revealed by SCEE president Chris Deering at a summit in London, including software pricing details and the company's view on the Game Boy Advance.
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Sony's 1998 portable gaming plans revealed

PlayStation Portable (PSP) is not the first time that Sony has developed a handheld gaming system, it has emerged, with a Japanese business publication revealing details of the company's one-time plans to release a portable platform in 2000.
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EA shares hit all-time high as analysts raise industry targets

A number of games companies are making a strong showing on the stock markets following positive reports from key analysts - with Electronic Arts today hitting its highest share price of all time, and significant gains expected across the industry.
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Cube protection cracked by pirates?

Hackers working on breaking the copy protection systems employed by Nintendo's GameCube have caused a stir by posting binary images of several Cube games to the Internet - but their claims are more than slightly exaggerated.
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Portable Dreamcast being mass-produced in Hong Kong

A Hong-Kong based manufacturer is producing a portable version of Sega's discontinued Dreamcast console, featuring a built in LCD monitor and speakers - but many importers are refusing to stock the machine as it infringes Sega's copyrights.
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Nintendo bullish despite disappointing Cube performance

Speaking in an interview with French newspaper Les Echos, Nintendo communications director Yasuhiro Minagawa has struck out at critics, pointing at the company's strong profits and expressing confidence in the GBA's performance against N-Gage and PSP.
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New bidder emerges for Vivendi Games

A new potential buyer has emerged for Vivendi's entertainment properties, including the Vivendi Universal Games division, with Edgar Bronfman Jr - the man who sold Universal Entertainment to Vivendi three years ago - expressing an interest in the company.
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This is NOT the PS3 logo

A number of websites this morning have reported that this image is the first glimpse of Sony's logo for PlayStation 3, unveiled at a meeting with RAM supplier Elpida - but the logo is actually a mock-up created by UK magazine PSM2.
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Videogames market to be worth $35.8 billion by 2007

A new study by market analysts PricewaterhouseCoopers has forecast that the videogames industry will grow in net worth to $35.8 billion by 2007, fuelled by major advances in online gaming thanks to broadband, and in wireless gaming thanks to new mobile ph