Saturo Iwata accepted responsibility for lower than expected international sales of the 3DS. Having already pointed a finger at its international teams for the disappointing performance of Wii U to date, the Nintendo boss also believes that the company has only itself to blame for the handheld’s current performance. It …

Former Zynga boss to lead new development fund

The woman behind HMV’s famed Twitter outburst last week has refused to apologise for her actions. Last Thursday administrator Deloitte shed around 60 jobs from the retailer’s head office – one of whom was Poppy Rose, who was also in charge of HMV’s Twitter account. Here’s a look at the …

Troubled retailer HMV has sold its shares in nightclub chain G-A-Y Limited, administrator Deloitte has confirmed. G-A-Y founder and fellow shareholder Jeremy Joseph has moved to acquire a majority shareholding. "We are pleased to have completed the sale of HMV’s shareholding in G-A-Y to the natural purchaser of this stake …

The lead administrator at Blockbuster has issues a grave warning to workers at the retailer. Lee Manning told The Telegraph that 160 Blockbuster stores are likely to close in the near future, threatening 1,000 jobs. Blockbuster operated over 500 stores in the UK although over 100 have closed since administration …

Administrator Deloitte is preparing to close anything up to 100 HMV stores, reports claim. The Telegraph reports that between 60-100 stores face the chop, although they will likely remain open until they have exhausted their stock – possibly short-term good news for consumers, at least. The final list of stores …

Namco Bandai is celebrating what some would call a surprise chart victory for Ni No Kuni this morning. The PS3-only JRPG, co-developed by established Japanese developers Level 5 and film animation master Studio Ghibli, will shortly be unveiled as the UK’s new No.1 in the GfK Chart-Track All Formats Top …

In MCV’s weeklyrundown of the hottest vacancies and latest personnel news, UK publishers eye THQ staff and we look at the best job opportunities. THQ UK staff seek new employement 40 UK staff will be made unemployed following the collapse of THQ – but new employers are expressing interest. Staff …

Average annual earnings fall by just one per cent since last year

Industry trends and a wave of new UK indies bring down average yearly salary