Archives

Sony Cuts 20% Off Price of PlayStation 3 in Japan

Authored by Mark Hefflinger on September 22, 2006 - 11:22am.
Tokyo - Sony announced on Friday that it will knock 20% off the price of its forthcoming PlayStation 3 console in Japan, but currently has no plans to do the same for the U.S. or other markets, the Associated Press reported. The discount follows Microsoft's announcement of pricing for an HD DVD player accessory, which brought the total price for an Xbox 360 and HD DVD player in under Sony's initial $515 price tag for the PlayStation 3. The PlayStation 3 -- which features an embedded Blu-ray DVD player -- will now sell for $410 when it goes on sale in Japan on Nov. 11, below Microsoft's $427 price tag for a premium Xbox 360 and the HD DVD accessory. The PlayStation 3 will go on sale in the U.S. on Nov. 17, priced at $499 for a 20GB model and $599 for a 60GB model.

Google Loses Appeal in Belgium; Must Post Ruling to Website

Authored by Mark Hefflinger on September 22, 2006 - 11:22am.
Brussels - Google has lost its appeal of a Belgian court ruling that ordered the company to post an earlier ruling on its website from the same court that said Google must remove certain Belgian newspaper story snippets from its Google News service, Reuters reported.

Publishers Developing Automated Usage Rights Data for Search Engines

Authored by Mark Hefflinger on September 22, 2006 - 11:21am.
London - In the wake of a Belgian court dispute over Google's use of news stories for its Google News aggregation service, a coalition of print media associations has developed an automated system that would provide embedded usage guidelines within stories distributed on the Web. The World Association of Newspapers (WAN) plans to launch its Automated Content Access Protocol (ACAP) system, which will provide search engine "spiders" that trawl news sites with information on how stories may be used, by the end of the year.

MTV Acquires "Guitar Hero" Game Developer Harmonix for $175 Million

Authored by Mark Hefflinger on September 22, 2006 - 11:21am.
New York - Viacom's MTV Networks announced on Friday that it will acquire Harmonix Music Systems, the video game developer behind interactive music titles like "Guitar Hero," for $175 million in cash. MTV previously partnered with Massachusetts-based Harmonix to feature "Guitar Hero" in its programming and various promotions; the game is among the top-selling titles for PlayStation 2.

Time Warner to Sell AOL France to Neuf Cegetel for $365 Million

Authored by Mark Hefflinger on September 22, 2006 - 11:20am.
Dulles, Va. - Just three days after announcing a deal to sell its AOL Germany unit, media giant Time Warner said on Thursday that it has agreed to sell its AOL France Internet access business to Neuf Cegetel for $365 million in cash. Under the deal, the French company will acquire AOL France's 500,000 broadband customers, as well as the 500-employee business that manages its customer service operations.

Shares of Video Compression Firm DivX Rise 22% in $145.6 Million IPO

Authored by Mark Hefflinger on September 22, 2006 - 11:20am.
San Diego - DivX, a developer of video compression technology, saw its shares rise as much as 22% in their initial public offering on Friday, which raised $145.6 million and delivered an initial market capitalization of about $535 million. DivX offered a total of 9.1 million shares at a price of $16 per share, which rose 22% to $19.50 before falling to $18.49 near the end of the day's trading.
tags: Deals | IPO | Video | Tech | Investing | DRM | Software | DivX | Stocks |

SEC Requests Information on Electronic Arts Stock Option Grants

Authored by Mark Hefflinger on September 22, 2006 - 11:19am.
Redwood City, Calif. - Video game publisher Electronic Arts has joined the ranks of fellow publishers THQ, Take-Two and Activision, who have all received requests from the SEC for information regarding their granting of stock options to employees. The SEC is investigating more than 100 firms that may have "backdated" stock options, or changed the date on which they were granted in order to increase their value for employees.
tags: Games | EA | Investing | SEC | Stocks | Options |

Take-Two Interactive Receives Nasdaq Delisting Notice

Authored by Mark Hefflinger on September 22, 2006 - 11:18am.
New York - Take-Two Interactive, a publisher of video games including the "Grand Theft Auto" franchise, announced on Friday that it has received notice from the Nasdaq that its shares are in danger of being delisted from the exchange, for failure to submit its third quarter earnings report.

Internet TV Firm Brightcove Raises $5 Million in Debt

Authored by Mark Hefflinger on September 22, 2006 - 11:17am.
Cambridge, Mass. - Brightcove, a provider of Internet broadband content delivery technology, has raised a $5 million loan from a group led by GE's Global Media & Communications finance unit. Founded in 2004 by Jeremy Allaire, previously a technologist and entrepreneur-in-residence for the venture capital firm General Catalyst, Cambridge, Mass.-based Brightcove offers an open Internet TV service that allows video producers and programmers to build broadband businesses.

Report: Web 2.0 Companies Gaining Momentum in Venture Capital Market

Authored by Mark Hefflinger on September 22, 2006 - 11:17am.
San Francisco - The newest wave of Internet start-ups, dubbed Web 2.0, are gaining momentum at a substantial pace in the U.S. venture capital market, according to a new research study from Dow Jones VentureOne. Dow Jones VentureOne said that 49 Web 2.0 companies have been funded in the first half of this year, raising a total of $262.3 million in equity capital.

Sony to Include HDMI Support on PlayStation 3

Authored by Mark Hefflinger on September 22, 2006 - 11:16am.
Tokyo - Sony Computer Entertainment announced on Friday that its PlayStation 3 console with a 20GB hard drive will also come equipped with HDMI output. The High-Definition Multimedia Interface (HDMI) supports HD video and multi-channel audio on a single cable that can connect directly to digital televisions and set-top boxes. Sony said the "sharp increase in availability of flat displays supporting HDMI" prompted it to include HDMI support as a standard feature on the PlayStation 3, which is scheduled to launch in November.
tags: Games | Tech | Sony | Consoles | PS3 | HDMI |

DTI Software Adds Electronic Arts Games to In-Flight Entertainment

Authored by Mark Hefflinger on September 22, 2006 - 11:15am.
Redwood City, Calif. - Electronic Arts announced this week that it has partnered with DTI Software, a provider of in-flight entertainment, to offer "The Sims 2" and titles from its Pogo.com casual games site for play by air travelers. Montreal-based DTI claims 62 airline customers for its in-flight entertainment software.

Atom Entertainment Site to Feature Games Based on News, Pop Culture

Authored by Mark Hefflinger on September 22, 2006 - 11:15am.
San Francisco - Atom Entertainment, a short films and online games company recently acquired by Viacom's MTV for $200 million, on Friday launched a NewsGames channel, which will feature online games based on current events. Hosted by the company's AddictingGames site, the channel will initially host titles like "Zidane Headbutt," "Bush Backrub" and "Cheney's Fury." San Francisco-based Atom said it will develop dozens of new titles each year, and promote the best user-generated games that mock popular headlines and cultural topics.

Namco Bandai to Publish "Digimon World" Game for Nintendo DS

Authored by Mark Hefflinger on September 22, 2006 - 11:14am.
Santa Clara, Calif. - Japanese video game publisher Namco Bandai this week announced plans to publish "Digimon World DS," the first title from the series for the Nintendo DS. The game is slated for release in the fall.
tags: Games | Nintendo | DS | Namco Bandai |

Buena Vista Games Ships "Disney's Little Einsteins" for Game Boy Advance

Authored by Mark Hefflinger on September 22, 2006 - 11:13am.
Burbank, Calif. - Disney's Buena Vista Games on Friday shipped its "Disney's Little Einsteins" title for Nintendo Game Boy Advance to retailers. Developed by InLight Entertainment, the game is based on the Playhouse Disney TV series on the Disney Channel.

Mobile Entertainment Publisher Hands-On Names New COO

Authored by Mark Hefflinger on September 22, 2006 - 11:12am.
San Francisco - Hands-On Mobile, a publisher of mobile lifestyle, games and personalization products, on Thursday named Keith McCurdy as its COO. McCurdy most recently served as the company's president of studios and products, and previously was the president and CEO of Blaze Entertainment and a vice president at Electronic Arts.

N.Y. Times: Yahoo's Bid for Facebook: $900 Million

Authored by Mark Hefflinger on September 22, 2006 - 11:10am.
New York - The New York Times on Friday reported that Yahoo's buyout offer for Facebook, the second-largest online social network, includes $900 million and the opportunity to keep the company somewhat independent. "We're focused on building the company for the long term," 22-year-old Facebook founder Mark Zuckerberg told The Times. Zuckerberg reportedly turned down a $750 million buyout offer from Viacom in early 2006, asking instead for $2 billion for his company.

Greg Ballard, Glu Mobile, 2

Authored by anonymous on September 22, 2006 - 9:12am.

Greg Ballard, Glu Mobile, 1

Authored by anonymous on September 22, 2006 - 9:12am.

Bernard Gershon, ABC News

Authored by anonymous on September 22, 2006 - 9:11am.