PlayStation 3

At a time when the music industry is Auto-Tuning its own eulogy and Hollywood has all but given up on DVDs, 1.5 million people lined up at midnight events to score copies of Call of Duty: Modern Warfare 3, proving that even in an era when more of us want our entertainment for free, some things are still considered worth their price.

Sony (SNE) says it is cutting the price of its PlayStation 3 gaming console by $50 in an attempt to drum up demand for the 5-year-old video game console. It's now $249, down 17 percent. The last time Sony Corp. lowered the price of the PlayStation 3 was in 2009. The price cut announced Tuesday...

How long can Nintendo Wii maintain its position as the reigning video-game console? Microsoft shipped an astronomical 8 million Kinect game systems in the past two months, undermining Wii's leadership -- already weakened by competition from the Xbox and PlayStation 3.

Hulu Plus, the paid version of the popular video-streaming website Hulu, just opened up the paid TV streaming service to all users at a lower-than-expected price of $7.99 a month. Hulu Plus is offering a free, weeklong trial to all users, including those watching on PlayStation 3, iPad, iPhone, or...

The Nintendo Wii's dominance over motion-control gaming eroded further this weekend as Microsoft and Sony highlighted their own new controllers at Japan's largest video-game industry event. Plus, Sony updated PS3 to play 3-D Blu-ray movies.

A 20% plunge in the take for consoles and portable players weighed down overall U.S. video game industry sales, which fell 5% in May. The big drop was due to hardware's lower average prices, though unit sales were roughly flat.

In an effort to increase revenue sources, online video company Hulu is reportedly close to striking a deal with Sony to offer a paid TV service on its PlayStation 3.

With more access to movies and TV shows from the Internet to their TVs, consumers are continuing to look for ways to cut the cord with their cable company. The Yankee Group predicts that in the next 12 months, one in eight consumers will drop cable in favor of an alternative source for getting the...

A Playstation 3 software update last month erased the free operating system, Linux, leaving disgruntled gamers to file complaints in several states and now a class action lawsuit. Sony Computer Entertainment America, Inc., faces claims from gamers who say Sony's Playstation 3 was devalued when...

The Best Buy Black Friday ad has leaked out and offers price cuts on many items including appliances (sorry no $3 toasters) and other electronics like video games, HDTVs and laptops. Most often, when searching for Black Friday deals, you don't think to look at major appliances. But this year Best...