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Home PS4 News - Latest PlayStation 4 and PS3 News

 

EA Reports $310 Million Net Loss, Cuts Workforce by Six Hundred

EA Reports $310 Million Net Loss, Cuts Workforce by Six Hundred 50°
335w ago - Word hit today through the grapevine that "massive" layoffs had hit at Electronic Arts. Initially we heard as much as 20 percent of the staff has been let go, but a quick check with Electronic Arts confirms that it was actually 6 percent, or about 600 positions.

"EA is continuing to make progress against our business plan, but we have the constant imperative to keep our costs in line as we grow our revenues and improve our margins," Electronic...
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Five Hundred Million GBP Bill for Xbox 360 Red Ring of Death

Five Hundred Million GBP Bill for Xbox 360 Red Ring of Death 50°
351w ago - Computer giants Microsoft are facing a £500 million ($990 million) repair bill after their Xbox Elite consoles were hit by the notorious "red ring of death".

The console was originally thought to be immune from the problem, which permanently freezes the unit after a ring of green lights on the power control button turn red.

Now, hundreds of angry owners are sending back their £290 consoles, which are being shipped to...
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Wii Fit causes over 20 Million GBP in damage to homes

Wii Fit causes over 20 Million GBP in damage to homes 50°
354w ago - There's no doubting that Wii Fit has helped many a gamer get back into shape since its release, but a new poll by woman-only insurance firm Sheila's Wheels has discovered that users of the software have caused upwards of £20 million GBP damage to their homes whilst exercising on the Balance Board.

Nearly one in five of the 1,000 women polled admitted to causing accidents while using Wii Fit, including bumping into furniture, smashing...
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Nintendo hit with $21 million Patent Infringement

Nintendo hit with $21 million Patent Infringement 50°
359w ago - Nintendo of America Inc. was ordered to pay a small East Texas gaming company $21 million Wednesday for infringing on a patent while designing controllers for its popular Wii and GameCube systems.

A federal jury found in favor of Anascape Ltd. in the lawsuit that was originally filed in 2006. Nintendo spokesman Charlie Scibetta said the company will seek an appeal and expects the court to reduce the award "significantly."
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PS2 outsells PS3 by 4 million units in fiscal year 2008

PS2 outsells PS3 by 4 million units in fiscal year 2008 100°
359w ago - The PS2 outsold the PS3 in fiscal year 2008 by 4 million units. The figures are as follows: PSP - 13.9 million units, PS2 - 13.73 million units, PS3 - 9.24 million units.

According to Sony's Q4 earnings announcement for the 2007 fiscal year, the company expects to sell ten million PlayStation 3 units throughout fiscal 2008, which began on April 1 and ends March 31, 2009.

Comparatively, Sony pushed 9.24 million units...
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