Sony loses two key executives from its North American game team

Two key executives at Sony’s U.S. game business have left the company. And one of them, Rob Dyer, has joined social game maker Zynga to work on partnerships.

Scott Steinberg (pictured), vice president of marketing, has resigned. Dyer, who was …

Sony to launch PlayStation Vita on Feb 22 in North America and Europe

Jack Tretton, head of Sony’s U.S. game business, announced today that Sony will ship its PlayStation Vita handheld gaming device on Feb. 22 in the U.S.

Speaking at the Web 2.0 Summit in San Francisco, Tretton said that the PlayStation …

Modern Warfare 3 trailer prepares gamers for mass destruction

Activision Blizzard released a trailer for the single-player version of the Call of Duty Modern Warfare 3 game today. The preview shows the title is going to be as movie-like as ever, with shocking imagery such as the destruction of …

Gears of War 3 sells 3 million in first week, more exclusives likely coming

Epic Games’ Gears of War 3 — one of the holiday season’s first blockbuster titles — has sold more than 3 million copies in its first week of sales.

Gears of War 3 is the conclusion to an epic series …

OnLive launches game streaming in the UK with 150 titles

OnLive launched its games-on-demand streaming service in the United Kingdom today, marking its first major overseas expansion since launching in North America in mid-2010.

The service rolling out in the UK is much more advanced than the original game streaming …

Netflix changes DVD service name to Qwikster, video games coming

Netflix CEO Reed Hastings announced tonight that the company will be splitting its business in two, with its DVD-by-mail service getting a name change to Qwikster, while Netflix will focus on streaming video.

Yes, the company that has become synonymous …

Global ad spending in video games to top $7.2B in 2016

The global market for ads in video games is expected to grow from $3.1 billion in 2010 to $7.2 billion in 2016.

Market researcher DFC Intelligence said that advertisers are spending more money in games via in-game ads, around-game ads, …

Venture capitalist Jay Hoag joins EA’s board

Venture capitalist Jay Hoag has joined the board of directors at Electronic Arts. The appointment shows that EA sees a real value in keeping close ties to the venture capital community, particularly at a time when the game business is …

Hands on with Microsoft’s slick speech-powered Xbox 360, Windows Phone 7 (video)

Microsoft is rolling out a whole host of speech recognition features for its Windows Phone 7 devices and Kinect-enabled Xbox 360 consoles in a move to make the gaming experience more immersive. The new features are part of what the …

Sony confirms PS 3 rumors, cutting price $50 to $249

Sony has confirmed that it has cut the price of the PlayStation 3 video game console from $299 to $249.

Sony made the announcement at the Gamescom game event in Cologne, Germany, today, confirming rumors that surfaced in June. That …

July retail video game sales drop 26 percent, worst month since 2006

The U.S. retail game industry continues to suffer from a low rate of new game releases. Now we know just how much, thanks to market researcher NPD Group.

In July, video game sales cratered 26 percent compared to a year …

Rift developer Trion picks up games vet to head third-party publishing

Trion Worlds, the developer behind massively multiplayer online role-playing game (MMORPG) Rift, announced today that it has hired games industry veteran David Luehmann to head its third-party development program.

Luehmann has more than two decades of experience working with the …

Wal-Mart to share game data with market analysts — finally

Wal-Mart Stores is finally going to allow market researchers to use data on the sales of video games at Walmart and Sam’s Club warehouse stores, according to AdAge.

That breaks a 10-year ban on sharing data for Wal-Mart Stores, which …

Summer funk continues, video game sales topple 10 percent

In June, video game sales fell once again as the U.S. retail game industry continues to suffer from a low rate of new game releases, according to market researcher NPD Group.

The figures also show there is wide variation month-to-month …

Cloud-based video games will put pirates out of business

Ever wonder what the gaming world would be like without pirates?

That future isn’t too far away, thanks to the advent of cloud-based gaming services like Otoy, OnLive and Gaikai.

Cloud-based gaming companies run video games on very powerful remote …

Sony starts $20M fund to secure PlayStation Network exclusives

PlayStation 3 and PlayStation Portable manufacturer Sony has started a $20 million program to fund independent developers making exclusive downloadable games for its consoles, the company announced on Wednesday.

The “Pub Fund” will give Sony the money to seek out …

Games industry vet Jordan Weisman: game technology is at its peak

Video game consoles have reached a point where they are so powerful that companies no longer need to focus on adding more horsepower to the devices, said game industry veteran and Harebrained Schemes founder Jordan Weisman.

“All the heavy lifting …

EA’s Secret World online game is nothing like World of Warcraft

Electronic Arts already has a game like Blizzard Entertainment’s supergiant online game, World of Warcraft, in the works — but it looks like the game publisher has one more trick up its sleeve. The company unveiled its next online role-playing …

Nielsen: games are the most popular smartphone apps

More than half of all smartphone owners played games and racked up about 8 hours of play time each month in the second quarter this year, according to a new report from Nielsen.

Games were the most popular apps used …

Global games business to hit $112B by 2015

Spending on video games around the globe will grow from $74 billion in 2011 to $112 billion by 2015, according to market researcher Gartner.

In 2011, Gartner estimates that spending will be up 10.4 percent compared to $67 billion in …