Sony to report $3.2 billion annual loss

(AP) -- Sony Corp. is expecting an annual loss of $3.2 billion, reversing its earlier projection of a return to profit, as the electronics giant struggles with production disruptions from Japan's tsunami and a hacker attack ...

Mistakes explain 'cooperative' behaviour

(PhysOrg.com) -- How people behave in economic games, where they can choose to be selfish or cooperative, can be explained more easily by 'mistakes' than wanting others to succeed, Oxford researchers find.

February video game sales drop 15 percent

(AP) -- U.S. retail sales of video games declined 15 percent in February, hurt in part by an ongoing decline in sales of music games and lower sales of the Wii system.

NPD: October video game sales tumble 19 percent

(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.

Growing online sales could lower prices, but also trim choices

Shoppers could see lower prices but less variety to choose from as more manufacturers sell directly to consumers through the Internet, according to new research led by a University of Illinois business professor.

Next season on the box? Cheap and light TV

Cash-strapped couch potatoes forced to stay in thanks to the global economic crisis next season will be dished up platters of light low-cost entertainment as TV networks chase rare advertising revenue.

As phones get smarter, game makers ring the changes

Tetsuya Ide doesn't own an iPhone, but the teenage computer boffin is betting that Apple's hit gadget is the key to having a new generation of video game players in the palm of his hand.

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