Wii U still selling at a loss to Nintendo

An impending price drop for the Wii U appears to be out of the question, as Nintendo is still losing money on each console sold. Speaking with Games Industry, a Nintendo spokesperson confirmed that the company’s current hardware is still being sold at a loss – something Nintendo president Satoru …

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Id’s Carmack named as Oculus Rift CTO

Id software co-founder and technical director John Carmack has joined Oculus as its chief technology officer. Carmack will work from the virtual reality company’s new office in Dallas, which the firm is currently in the process of staffing up. A spokesperson has toldDevelopthat he has joined the company on a …

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