Researchers find virtual possessions have a hold on teenagers

Researchers at Carnegie Mellon University (CMU) have found that virtual artifacts may be as important to teenagers as a favorite book that a parent once read to them.

Facebook offers gamers virtual credits for watching ads

Facebook is reportedly testing a new feature which allows users to earn credits for watching video ads.

Report: Virtual goods have positive effect on real world countries

If you thought gaming was just for personal enjoyment, well, think again.