Microsoft readies new Xbox as entertainment hub

Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centers and adapt to competition from smartphones and tablets.

Indie sensibilities embraced at gaming conference

It's a time of transition for the video game industry. With last year's launch of the Wii U, the impending arrival of the PlayStation 4 and the likelihood of a new Xbox on the horizon, the next generation of video game consoles ...

Netflix enjoys marquee day as stock soars 42 pct (Update 2)

Netflix's rollercoaster ride on Wall Street has surged to new heights. The company's stock climbed Thursday $43.60 to close at $146.86 as investors celebrated a fourth-quarter earnings report highlighted by accelerated growth ...

Sleek new PlayStation 3 model makes US debut

Sleek new PlayStation 3 consoles took their places in US homes as Sony tapped into its video game prowess to put itself at the heart of Internet Age entertainment.

Home video spending in US falls 2 percent in 2011

(AP) -- Home video spending in the U.S. fell 2 percent to about $18 billion in 2011. A surge in the popularity of movie streaming services like Netflix Inc. and gains in Blu-ray disc sales helped offset some of the drop ...

Microsoft buys Al Gore-backed video search engine

Microsoft announced Tuesday it has bought VideoSurf, an online video search engine founded by four Israelis and which has received funding from former US vice president Al Gore.

Warner looks beyond movies to find game success

"The Dark Knight Rises" doesn't hit movie theaters for nine months, but Batman is at the heart of what may just be Warner Bros.' most important release of the fall.

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