Archives

MARCH 28, 2014 • Tencent Holdings Ltd. continued its investment in significant game companies taking a 28% stake in South Korea’s CJ Games Corp for $500 million. The latter is one of the [...]

MARCH 26, 2014 • In a major surprise, Facebook Inc. has acquired Oculus VR Inc. for $400 million in cash and $1.6 billion in stock. The latter is the virtual reality technology company founded by [...]

MARCH 25, 2014 • Sharp-eyed gamers awoke to find a $50 price reduction on the Titanfall Xbox One bundle at major national retailers in the United States. Amazon.com Best Buy Co. Inc., Fry’s [...]

MARCH 21, 2014 • A PlayStation 4 virtual reality system is in the works, according to a disclosure by Sony Computer Ent. Dubbed Project Morpheus, the new VR system operates in conjunction with [...]

MARCH 18, 2014 • Four years after finding its last run at the used games market to be unsatisfactory, Wal-Mart Stores Inc. is taking another swing at the previously-owned used games segment. This [...]