Sony execs have taken pay cuts and returned their annual bonuses following four years of losses. The PlayStation parent has also asked shareholders to appoint a new Board of directors, which will include Hirai. Hirai only became CEO of Sony in April following years in charge of the PlayStation business. …
Read More »Zynga stocks dive 10% after analyst report
Nasdaq halts short-selling
Read More »Habbo labelled ‘paedophile haven’ by documentary
Report to highlight 'the extent of sexually explicit material on the social network'
Read More »Habbo boss responds to Channel 4 ‘paeodophile’ claims
The company behind kids social network Habbo is doing all it can to keep children safe, the firm’s CEO says. Habbo’s Paul LaFontaine has released a statement emphasizing the moderation and other safety measures the site has in place. His statement pre-empts a report that will run on Channel 4 …
Read More »Channel 4 News to describe Habbo as "paedophile haven"
Kids social network Habbo (formerly Habbo Hotel) will tonight be labelled as a paedophile haven” by a special report on Channel 4 News tonight. Kernel reports that the show will highlight the extent of sexually explicit material on the social network”, with one newspaper already preparing national coverage. It’s not …
Read More »THQ ‘will not continue to layoff staff’
'We have the appropriate number of teams and the appropriate number of people working on products', claims Rubin
Read More »Wii U "must cost under $300" to succeed
US analyst Michael Pachter believes that Nintendo must price the Wii U below $300 – that translates to 190 – if it is to succeed at retail. Ideally, he told CVG, he’d like to see it priced at $250 or less. That would mean a highly unlikely 161 in the …
Read More »Join the LittleBigPlanet Vita beta now
The Vita version of LittleBigPlanet, which has received quite a lot of good press at E3, has been in closed beta for a while, and you can now get in on the action yourself. Head over to this link and simply log in using your PSN credentials. You will automatically …
Read More »Nintendo cuts staff bonuses by 20%, report claims
Nintendo is to cut its employees’ summer bonuses by 20 per cent after poor performance this year, according to a report. Japanese business outletNikkeiclaims that the console giant has taken the action after declining demand for Wii hardware and software. The decision to make cuts comes despite the Nintendo 3DS …
Read More »26 jobs lost at Operation Raccoon City dev
Slant Six has announced that 26 employees at the studio have been given a choice between a temporary layoff and a severance package, as the developer seeks to cut costs while taking on additional projects. The studio’s latest release, Resident Evil: Operation Raccoon City, was considered a great success by …
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