Xbox Live Real Money Beta Worries

JULY 10, 2013 • Microsoft Corp.’s beta test in the United Kingdom of the new real money transaction system for Xbox Live is raising some consumer alarms. Users in the test are reporting that games converted from Microsoft Points to real money are costing more.  The point values are being converted into pounds in real time  however, the conversion ends up costing consumers more for the same points value than was charged previously. For example, a game tha.....

Machinima Seeks New Funding

JUNE 25, 2013 • Machinima.com, the online site best known for taking videos created by gamers promoting their in-game exploits and then publishing the content on YouTube, is reported to be in the hunt for a sizable new round of funding. According to The Wall Street Journal’s All T.....

Amazon Coins Arrive

MAY 14, 2013 • Much like FaceBook and Xbox Live before it, Amazon.com introduced its own virtual coin currency. Amazon Coins can be employed to purchase apps, games and in-app items in the Amazon Appstore and on Kindle Fire. Existing Kindle Fire owners received 500 coins fr.....

Amazon Set-Top Box Reported

APRIL 26, 2013 • Given that Amazon.com already streams a catalog of 150,000 movies and TV shows to its Prime service members owning a PlayStation 3, Wii U, Xbox 360 or Roku device, it comes with little surprise that Bloomberg News is reporting that the online retailer is prepping its own Internet set-top box for release later this year. Amazon representatives have declined to discuss the report. Neither was Bloomberg able to ascertain what business model for mon.....

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