£4bn wiped from Tesco value

Supermarket retailer Tesco has seen more than 4 billion disappear from its share price after issuing a profit warning and revealing that UK sales fell by 2.3 per cent over Christmas. Chief executive Philip Clarke said: "In a challenging economic environment, we made good progress internationally but despite record sales, …

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Green Man Gaming partners with Gaikai

Green Man Gaming has teamed up with OnLive rival Gaikai to let its users try before they buy. Customers can now stream and play Gaikai game demos through any of the retailer’s sites, including its flagship UK store and recently launched portals in the Czech Republic, Germany, Austria and Switzerland. …

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UK games industry shamed by male/female pay gap

Female games industry professionals earn 1.50 less an hour than men. Shocking results from MCV’s yearly salary survey show the pay gap between male and female professionals has widened in the UK – just three years after we reported that women earned more. Our research showed that the average yearly …

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Gara: Sony UK suffering from PS2 hangover

New SCE UK boss Fergal Gara has admitted that the business will have to sharpen up under his stewardship. What I find at SCE is that we’ve lots of passionate and committed people. But there’s definitely an opportunity to up the pace of our competitiveness,” Gara told MCV. We still …

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