National press savages PSN

The UK media has gone big on Sony’s PSN admission this morning, creating a nightmare morning for the platform holder. National paper Metro has lead with the story on its front page this morning (pictured) with the headline ‘Panic Stations’. The story is currently lead on The Telegraph’s website, while …

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Iwata on 3DS sales, Wii strategy

The biggest challenge for Nintendo and the 3DS was always going to be advertising a feature that can’t be shown via traditional mediums. And that’s exactly what Nintendo president Saturo Iwata has blamed for what he describes as lower than expected sales of the device. "Nintendo 3DS has not been …

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Sony explains six day wait

With the catastrophic security failure that has blighted PSN all over the national press this morning, Sony has attempted to address the main criticism currently being thrown its way – why did it wait six days to inform customers? "There’s a difference in timing between when we identified there was …

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GAME names new non-exec chairman

Chris Bell will become GAME’s new non-executive chairman on June 15th. He takes over from current chairman Peter Lewis, who is retiring. Bell has been a member of the GAME board since 2003 and currently acts as senior independent director. His previous employers include Ladbrokes and Allied Domecq. "Under Peter’s …

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Lewis: The pace of change is accelerating

Peter Lewis, the outgoing chairman of retailer GAME, has insisted that the chain remain competitive and is in a strong position despite falls in both sales and profit in the last financial year. Key for GAME is the fact that it held or increased its market share in all territories …

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GAME bullish despite profit drops

Retailer GAME has reported profits in line with its January forecast, though it has suffered notable drops in both sales and profits for the year ending January 2011. Turnover fell from 1.772bn to 1.625bn, with overall sales falling 8.3 per cent year-on-year. UK & Ireland sales fell by 12.8 per …

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