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2:30 PM on 02.04.2014

Stalk market: Nintendo completes share buyback

Nintendo has completed its 114 billion-yen ($1.1 billion) share buyback. Nintendo CEO Saturo Iwata announced the company would be using its cash reserves and "stepping up share buybacks" last week. In reducing the number of s...

Steven Hansen

6:30 PM on 02.03.2014

Nintendo founding family 'desire to sell' company shares

Part of Nintendo CEO Saturo Iwata's plan to turn Nintendo around included "stepping up share buybacks." According to Businessweek, Nintendo has specified it will "purchase as many as 9.5 million shares, or 7.4 percent of its ...

Steven Hansen

4:30 PM on 02.03.2014

Grand Theft Auto V ships 32.5 million units

How large of a city could someone construct out of all of the copies of Grand Theft Auto V in existence? These are the things I think about while looking at earnings reports. Take-Two reported its fiscal third quarter 20...

Jordan Devore

1:30 PM on 01.31.2014

Zynga buys NaturalMotion for $527M, cuts workforce 15%

Zynga has made its first big move under new CEO and former Microsoft head Don Mattrick, acquiring CSR Racing developer NaturalMotion for $527 million. The UK and US-based developer did well for itself with the mobile hit CSR ...

Steven Hansen





1:15 PM on 01.31.2014

Iwata: Nintendo 'should abandon old assumptions'

Nintendo CEO Saturo Iwata had more to say following the earlier espoused plans to turn Wii U sales around, which include some mystery, non-wearable fitness advocacy device. Speaking to The Nikkei, as picked up by MCV, Iwata e...

Steven Hansen

11:45 AM on 01.29.2014

Iwata to halve salary after Nintendo's poor performance

While Nintendo struggles financially, its higher-ups aren't content to sit back and keep collecting a paycheck. Nintendo's president Satoru Iwata told reporters today that he would cut his salary in half for five months as an...

Brett Makedonski

5:00 PM on 01.28.2014

Chinese TV maker working on Xbox-like videogame console

At the start of this year, China lifted its ban on videogame consoles, allowing them to be sold on the mainland with government approval and provided they're made in Shanghai. Those restrictions could slow Sony, Nintendo, and...

Steven Hansen

6:00 AM on 01.28.2014

Theme Park creator sells AI company to Google for $400M

Demis Hassabis isn't a household name, but chances are you've played one of his games. He was the co-designer and lead programmer on Theme Park (at just age 17), and has been involved with games such as Syndicate, Black &...

Hamza CTZ Aziz

1:00 AM on 01.28.2014

iPhone and iPad sales break Apple records Q1 2014

If you ever wonder why your favorite developer keeps announcing mobile games, know that in fiscal Q1 2014 (October through December 2013, Year of Luigi), Apple sold 51 million iPhones and 26 million iPads -- record breaking n...

Steven Hansen

7:00 PM on 01.22.2014

Angry Birds has been downloaded two billion times

Speaking at the Pocket Gamer Connects conference in London, Rovio chief marketing officer Peter Vesterbacka announced Angry Birds has achieved two billion downloads, reports Mobile Entertainment. "We started as a mobile games...

Jordan Devore

5:00 PM on 01.22.2014

Candy Crush dev now trying to block Banner Saga trademark

Candy Crush Saga developer King is playing hardball. Early this week we learned King successfully trademarked the word "Candy" in the US as it pertains to videogames (and clothing!). It already owns the "Candy" trademark in E...

Steven Hansen

9:30 AM on 01.20.2014

Nintendo shares fall following operating loss warnings

Maybe you heard that Nintendo's Wii U didn't do as well as expected, and that they've just dropped sales forecast numbers for the console from 9 million to 2.8 million. And now that they're predicting losses for the fiscal ye...

Dale North

5:15 PM on 01.17.2014

Grand Theft Auto V outsells Call of Duty in 2013

For the first time since Wii Play (2008), a Call of Duty game was not the number one selling game of the year. In 2013, that honor goes to Grand Theft Auto V, according to the NPD Group. Given that it brought in $800M day one...

Steven Hansen

2:15 PM on 01.17.2014

Nintendo lowers 2014 Wii U sales forecast from 9M to 2.8M

Nintendo has revised its financial forecasts for the fiscal year ending March 31, 2014 and the Wii U has taken a substantial hit. The company's sales forecast for the console has gone from 9 million to 2.8 million, while the ...

Jordan Devore

7:30 PM on 01.14.2014

GameStop reports figures for 2013 holiday period

GameStop still seems to be doing pretty damn well as a business. The major videogames retailer has announced sales figures from the nine-week holiday period, totaling $3.15 billion dollars globally, an increase of 9.3% from 2...

Conrad Zimmerman





7:30 PM on 01.13.2014

Oculus Rift games could be more expensive, says CEO

Speaking to GamesIndustry International, Oculus CEO Brendan Iribe has suggested games supporting virtual-reality devices like the Oculus Rift may be more expensive for consumers. "It's going to be up to the developers," he sa...

Jordan Devore