EEDAR analyst Jesse Divnich has told TG Daily that Microsoft will lower the price of its Xbox 360 Elite to $299 this week. According to Divnich, the Pro model will likely be discounted to $249 and phased out within 90 days.
The golden age of hard core gaming has drawn to an abrupt close. According to Rich Hilleman of EA, the industry is experiencing a significant demographic shift, with casual and social gamers outnumbering their hard core counterparts.
Social networking sites are routinely making specific personal information on their users available to tracking sites, according to a report.
Despite moves towards digital television, the use of free-to-air analog mobile TV is set to increase by a massive six times in the next four years, according to a report.
Blizzard Entertainment has introduced the 'holy' monk - a highly anticipated fourth playable class for Diablo III. Although the character is influenced by classic pen and paper RPG archetypes, the monk reportedly incorporates the development team's 'love' of arcade-style fighting games.
Wedbush Morgan analyst Michael Pachter has told TG Daily that Apple is unlikely to launch a game console before 2015. According to Pachter, Club Cupertino is 'way behind Microsoft' and may not be able to 'ever' catch up.
Realnetworks is hoping to get its Rhapsody on-demand streaming music application made available for the iPhone and iPod Touch.
The delightful woman behind the Skanks of New York blog is demanding $15 million damages from Google, the company that hosted her rants against her ex-friend, Canadian model Liskula Cohen. Google is accused of 'breaching its fiduciary duty to protect her expectation of anonymity'.
People are quick to jump to conclusions about each other on the basis of their musical taste, research from the University of Cambridge suggests.
Blizzard Entertainment kicked off BlizzCon 2009 by showcasing its third World of Warcraft expansion. Cataclysm - which introduces two new playable races - is expected to bring 'sweeping changes' to Azeroth.
Nintendo has claimed credit for Apple's removal of a DS simulator from its iPhone app store. The company also warned potential offenders that it would 'vigorously' protect itself against all forms of copyright infringement.
Microsoft has responded to a recent survey that claimed the Xbox 360 was plagued by a 54 percent failure rate. Although Microsoft termed the Xbox 360 a 'superior console,' the company conceded that it was 'constantly improving' the unit's design.
Rumor has it that the entire Beatles catalog could be available via iTunes in the next couple of weeks.
The woman behind the 'Skanks of New York' catfight has been outed as Rosemary Port, an unemployed 29 year old night club hostess.
Amazon has limited pre-order sales of the 120GB Playstation 3 to one unit per household. The online retailer explained that it had experienced overwhelming demand for the slimmed down console.
Video ads for CBS shows and Pepsi will appear in print editions of Entertainment Weekly next month.
Microsoft has announced Fable III at gamescom in Germany. The new game will be available on the Xbox 360 in time for Christmas.
Sony has unveiled a slimmed down Playstation 3 at the Gamescom conference in Germany. The upgraded console will feature a 120GB HD and is expected to retail at $300 on September 1.
Electronic Arts (EA) confirmed that Battlefield: Bad Company 2 will be deployed on March 2, 2010. EA studio DICE boasted that the title will deliver a level of destruction, vehicular warfare, squad play and open world environments "never before experienced" in a modern warfare action game.
A recent survey conducted by Game Informer indicates that Xbox 360 units suffer from a 54.2 percent failure rate. The publication also reported a 10.6 and 6.8 percent failure rate for the Playstation 3 and Wii consoles.