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Casual games to weather economy "relatively fine"
Softkinetic CEO confident that consumers will stay faithful to "short and sweet experiences"
Business (Page 243)
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Konami unaffected by Red Ant collapse
Distribution deal with Australian company wasn't due to begin until next month
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Red Ant enters administration
Australian distributor of Capcom, Konami and Bethesda titles under the receivership of Deloitte Touche
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Sega cuts US staff by 30
Economic recession and "harsh retail landscape" cited as reason for layoffs
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Linden Lab snaps up Second Life stores
User-generated virtual good stores bought and consolidated by the virtual world's creator
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Sony poised to announce restructuring plans
Electronics giant will unveil job cuts and plant closure specifics this week
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Analysts predict Microsoft could cut 8% of workforce
Software giant expected to take cost cutting measure after reporting on its quarterly results
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Ubisoft expands South American interests
Publisher acquires Southlogic Studios as it increases Ubisoft Sao Paulo headcount
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Economic climate to fuel outsourcing growth
Streamline Studios boss expects "true value" of the business to be recognised this year
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Sony Online Entertainment acquires PoxNora, forms new studio
Key staff from Octopi to create new studio for future strategy and trading card games
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AMD plans to cull 9% of staff
Remaining staff to see temporary cut in pay, including CEO and executive chairman
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Sega inks digital distribution deal with GamersGate
New titles Football Manager 2009 and Universe at War on offer via service
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Midway buys more time on debt collection
Remaining convertible senior notes now extended for a month
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Eidos confirms early acquisition approach
Offer for company "at a very early stage" reveals Tomb Raider publisher
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HMV stock rises on strong Christmas sales
Launch of pre-owned games business helps share price jump 12% in 24 hours
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Games already impacted by recession - NPD
Decline in growth of industry put down to global economic downturn particularly in the US
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More speculation of lay-offs at Microsoft
Report suggests company considering cutting staff with possible announcement next week
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Microsoft: Digital content is fastest-growing portion of games business
Team behind NXE will continue to innovate as company reaps "record revenues" online
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Virtuos: High dev costs unsustainable for "majority of titles"
But CEO believes that outsourcing boom is a sign of maturity for industry
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More room for DS growth, says Iwata
Company president sees further potential in EU, Russia, India
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Warner: Traveller's Tales acquisition has been "wildly successful"
Time Warner financial exec points to incremental investment in games business
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UK households spend 6 hours gaming per week - survey
Media survey reveals wider adoption of videogames in the UK, with users viewing console gaming as "family time"
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Square signs distribution deal with Ubisoft
Final Fantasy publisher to handle Ubisoft's games in Japan
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Halo series sells 25m worldwide
Microsoft reveals sales stats for its flagship Xbox 360 franchise at CES, and pins down dates for Halo Wars and Halo 3: ODST
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UK games market worth £4.03bn in 2008
Update: Wii software accounts for almost a quarter of all games sold as game sales rise 23 per cent