UBS orders $31 billion in Capcom stock, then cancels it, citing error

UBS orders $31 billion in Capcom stock, then cancels it, citing error

Here’s a ridiculous story for a Friday afternoon.

Swiss banking giant UBS placed a $31 billion, or 3 trillion yen, order for convertible bonds in the Japanese game publisher Capcom. The deal would have been the biggest ever on the Tokyo Stock Exchange, if only it were the real thing. Turns out, UBS apparently placed the order by accident, due to a computer system error. The real amount was supposed to be 31 million yen, or… Continue Reading

Dice Summit: Resident Evil producer, Takeuchi, addresses Japan’s weakening game market

Dice Summit: Resident Evil producer, Takeuchi, addresses Japan’s weakening game market

Japan is a shrinking part of the video game market, with software sales now trailing behind the United Kingdom. It’s about six percent of the global market, and sales are shrinking on an annual basis.

Can the Japanese succeed outside of Japan? Jun Takeuchi, executive producer of Capcom’s upcoming Resident Evil 5 game is addressing the question at the Dice Summit in Las Vegas. He can speak to this topic from experience, because the Resident Evil… Continue Reading

The ten most-anticipated video games of 2009

The ten most-anticipated video games of 2009

With the new year approaching, there’s no time like the present to look ahead to what is shaping up to be another record-breaking year in the videogame business. While many big games have yet to be officially confirmed or even announced, especially from Nintendo’s tight-lipped camp, there are enough console games out there to compile this top ten list. I’m leaving out downloadable games – Take 2 Interactive’s Grand Theft Auto IV: The Lost and… Continue Reading

More video game publishers embrace Comic-Con show

More video game publishers embrace Comic-Con show

SAN DIEGO, CA— The Comic-Con show is on the rise, with so many game companies showing up there to unveil new games that it is probably a contender to replace E3.

Over 150,000 fans flocked to downtown San Diego for Comic-Con less than a week after the E3 Media & Business Summit, which is undergoing a big makeover as we write. While E3 focused on a core group of journalists, Comic-Con International is an event squarely… Continue Reading

Dean’s most anticipated games of E3

Dean’s most anticipated games of E3

For the first time in a few years, I’m not one of the E3 judges who evaluate the best games of the video game industry for GameCriticsAwards.com. Not to worry. I’ve filled up my schedule and I won’t have to try to see every single big game. But I’m a game fan at heart and I’ll be going to the show not just to write about business, but to evaluate the best games from my… Continue Reading

3DV fleshes out gesture-based gaming plans, hires North American chief

3DV fleshes out gesture-based gaming plans, hires North American chief

Inspired by the Nintendo Wii’s clever wand-like game controller, gesture-recognition start-ups are coming out of the woodwork. Israel’s 3DV Systems is one of the contenders and it is showing more of its cards.

The Yokne’am, Israel company said it plans to launch a low-cost gesture-recognition camera for game purposes in 2009. And it has hired a well-known video game veteran as its general manager for the North American market. Charles Bellfield, the new hire, has worked… Continue Reading