There’s going to be a lot of buying and selling in the coming months, but here’s one deal that’s not happening: Contrary to market-moving rumors, Microsoft isn’t acquiring videogame giant Electronic Arts. Anyone else want to take a shot?
The new Wondertablet the guys at Gizmodo showed off last night looks cool. But you can’t actually touch one right now unless you know someone very connected at Microsoft. But you know what you can touch? Today? A PC you control by shoving your hands in a box full of mud. All you have to do is get yourself to Gizmodo’s awesome gadget gallery in New York during the next few days.
When videogame sales tank, what happens to sales at the world’s biggest videogame retailer? The answer shouldn’t be a surprise, but somehow the performance that Gamestop put in this morning managed to catch Wall Street off guard anyway.
UGO, the dude-centric videogame site that Hearst bought for $100 million two years ago, needs a new CEO.
J Moses, who co-founded the company in 1998, left in June, as did Michael McCracken, his longtime COO. The company is currently being run by Hearst Interactive president Ken Bronfin.
Videogame players are spending more time playing videogames than ever. But that won’t do the videogame business much good unless those players actually start buying new games again.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
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