THQ spends big to reclaim lost ground

Watch out Activision and EA: THQ says it will retake a place amongst the gaming elite with a line-up to envy its rivals. The firm was once a Top Five publisher but has seen its market share shrink in recent years. The company has spent the last 18 months transforming …

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JAPAN: Torchlight release cancelled

It hits Xbox Live Arcade in Europe and the US today, but the Japanese release of Microsoft published RPG Torchlight has been abandoned at the last minute. Andriasang reports that the platform holder has blamed the discovery of a text bug that’s present in only the Japanese version of the …

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Microsoft loses $1.2m in XBLA scam

Xbox 360 hackers have found an exploit that has cost Microsoft $1.2 million. The users calculated an algorithm that allows them to re-use previously redeemed codes and stockpile Microsoft Points, according to Save and Quit. The method could be used over and over again, giving hackers 160MSP each time. One …

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Was 2010 gaming’s record year?

The need for a sales chart that integrates both physical and digital sales has never been greater. The industry has been living under the assumption that following the record performances posted in 2008 the market has been suffering a steady rate of decline. But the problem is that our market …

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Take-Two: Metacritic key to games success

Strauss Zelnick says a high Metacritic rating is crucial to the success of a new IP. The Take-Two Interactive CEO and chairman told the audience of Wedbush Morgan’s media conference in New York that review scores are more important in gaming than in any other entertainment business, according to Gamasutra. …

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Dutch officials seize more PS3s

Sony’s ongoing patent battle with electronics manufacturer LG has taken a turn for the worse with news that Dutch customs officers have seized "tens of thousands" of additional PS3 consoles from ports in the Netherlands. The move leaves an increasingly high number of hardware units in limbo and seriously threatens …

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