HMV’s bosses are focused on transforming its business, despite widespread reports that billionaire shareholder Alexander Mamut wants to break-up the retailer. The Russian business oligarch has reportedly consulted with financial specialists Credit Suisse to discuss the future of the retailer. The suggestion is that Mamut wants to buy the Waterstones …

UPDATE 1: MCV has been told that the listing is a mistake. Expect it to change shortly. UPDATE 2: Twitter user MrXBlob claims to have been told by Tesco on the phone that any orders placed for the 3DS will not be honoured. He has also received an order cancellation …

To include real-time Kinect multiplayer and 'dramatically enhanced' IE9 browser

Online retailer Tesco Direct has launched what it describes as a ‘VAT free’ 20 per cent off sale that offers some significant savings on a range of gaming hardware. The headline saving is probably the 50 it has cut off the price of a Slim PS3 160GB, which can be …

Sony has said that the reaction to its PS3 launch price had meant that keeping the launch price of the Next Generation Portable as low as possible is a key priority. At its E3 presentation in 2006 Sony revealed a $599 launch RRP for its home console. Jaws dropped at …

Microsoft CEO Steve Ballmer has unveiled a number of new features and capabilities of the firm’s Windows Phone 7 the firm plans for later in the year. Beyond the ‘copy and paste patch’, the exec revealed a number of other enhancements including Twitter integration into the People Hub and Office …

More than 6.5m copies of Assassin’s Creed: Brotherhood have been sold into retail globally since the game’s release in November. The figure was announced in Ubisoft’s latest financials, and shows strong sales momentum since last month’s revelation of Brotherhood’s 6m sales worldwide. The follow-up to last year’s Assassin’s Creed II …

Over half a million fewer games were sold in the UK last month compared with January 2010. It marks a 13.4 per cent dip year-on-year in unit sales for UK games retail, while the market value has fallen 7.9 per cent to 84.6m. Chart-Track director Dorian Bloch pointed to a …

Publisher Namco Bandai is working on Android, iPad, and iPhone versions of its biggest franchises. The news comes as the company finalises the merger of its US boxed games division with its Networks department – which looks after digital and mobile games. Namco Bandai US vice president Carlson Choi says …

Rob Wilkins has been appointed the head of home theatre and entertainment at Best Buy UK. He takes the role following the departure of former entertainment boss Marc Spence. The former GAME and HMV exec left the retailer in August to move to the Middle East. Wilkins had previously worked …