John Riccitiello Out at Electronic Arts

MARCH 19, 2013 • Six years after taking the reins at Electronic Arts, John Riccitiello resigned as chief executive and board member. In a blog post to EA employees, Riccitiello described his departure in financial terms. “My decision to leave EA is really all about my taking accountability for the shortcomings in our financial results this year. It currently looks like we will come in at the low end of, or slightly below, the financial guidance we issued t.....

PlayStation Vita Sales Upswing In Japan

MARCH 15, 2013 • Moving the price on all PlayStation Vita SKUs in Japan to ¥19,980 ($213) has been well received by consumers there. In each of the two weeks since the Feb. 28 markdown the Vita has surged to the top of the retail charts, according to research firm Media Create. For the week ending March 3rd the Vita made it to first place with 62,543 units sold, up from 4th place the week b.....

Has Apple Changed the Rules?

MARCH 12, 2013 • Sometimes life just isn’t fair. You can work and study hard, make the best grades and be praised for all your efforts.  But then some glib, fast-talking upstart with no experience or credentials sweeps in to take your place. That is how it must seem to many of the competitors in the consumer technology space that have seen once struggling PC manufacturer Apple Inc. become a powerhouse in every category in which they compete. .....

SimCity Limps Out of Gate

MARCH 11, 2013 • Many consumers who purchased SimCity after its release last Tuesday discovered that they were unable to access the city building game, or found their experience hobbled if they did manage to get the title running on their computers. Amazon.com went so far as to suspend digi.....

Electronic Arts Loves Microtransactions

FEB. 27, 2013 • During a guest presentation at the Morgan Stanley Technology, Media & Telecom Conference, Electronic Arts chief financial officer Blake J. Jorgensen said the publisher is now building microtransactions capability into all of its games. “The ability to pay for things along the way, either to get to a higher level to buy a new character, to buy a truck, a gun, whatever it might be, and consumers are enjoying and embracing that way of the .....

LG Acquires WebOS

FEB. 25, 2013 • Major South Korean consumer electronics manufacturer LG Electronics Inc. is buying the WebOS operating system source code from the Hewlett-Packard Co. The latter acquired the mobile phone system when it purchased Palm, Inc. in 2010 for $1.2 billion. Financial terms of the LG deal were n.....

Can Sony And Nintendo Recover?

FEB. 21, 2013 • The year 2012 clearly showed that even in the age of easy digital distribution consumers love their physical products.  Among other things, this has included expensive hardware designed mainly to play digital content.  Having the coolest hardware device to access the Internet has suddenly become an important status symbol in society.  Unfortunately for the game industry, traditional game hardware manufacturers were not able to ride that trend.....

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