NPD: January video game sales down 13 percent

(AP) -- Americans reached into their pockets - though not as deep as last year - to spend $2.7 billion on video games in November, according to figures reported Thursday by market researcher NPD Group.

(AP) -- Americans spent a record $5.53 billion on video games in December, the most money ever in a single month, according to market researcher NPD Group.

(AP) -- U.S. video game sales slumped more than expected in March and were flat in the first quarter when compared with a year earlier - hurt by the recession, a shift in the Easter calendar and fewer big game launches.

(AP) -- After a slight reprieve in September, U.S. video game retail sales slumped again in October, unable to escape the economic turmoil that's cutting into consumer spending and swelling the ranks of unemployed.

(AP) -- Squeezed by the economic downturn, U.S. retail sales of video games dropped sharply in June, the largest year-over-year decline the industry has seen in nearly nine years.

(AP) -- Lacking the big hits that made the year-ago period a standout, U.S. video game sales dropped sharply in April for the second month in a row as customers continued to watch their wallets.

United Technologies Corp. says a federal court ordering it to pay $473 million plus interest to compensate for alleged fraud in its sale of fighter jet engines will cut revenue and profit.

Telecommunications equipment manufacturer Alcatel-Lucent launched a major effort Wednesday to boost its fortunes by shedding businesses and jobs as part of a deep cost cutting program.

Travel ratings website TripAdvisor said Wednesday it has acquired US start-up GateGuru, a mobile app focused on flight and airport information.

Australians are taking a big bite out of the multi-billion dollar mobile and tablet applications industry, a media researcher says.

Netflix is going Dutch. The online video giant says it will expand into the Netherlands, its 41st country, later this year.

When Google chose New Zealand to unveil secret plans for a balloon-driven wi-fi network last weekend, it cemented the country's reputation as a test bed for global tech companies looking to trial their latest innovations, ...