Playstation3

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...

Software giant Microsoft (MSFT) says it sold more than 8 million Xbox Kinect motion-sensing game system in the first 60 days since launch, easily beating the company's target of 5 million. The sales of the Kinect also top that of Sony Corp's (SNE) competing Move system, Reuters said. Sony sold...

Sony Corp (SNE) forecast "very, very strong" holiday sales for its video-game consoles in Europe, with high demand for the PlayStation 3. Andrew House, head of Sony Computer Entertainment Europe, said that European sales will help Sony exceed its target of selling 15 million PS3s in its fiscal...

Video-game console makers see motion-sensing technology -- playing Madden NFL 11 by running around your living room -- as salvation. Sorry, guys: Games on smartphones, social networks and in the cloud are going to eat your lunch.

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...

The Natural Resources Defense Council (NRDC) recently released a study regarding the power usage of consoles. During the course of the study it found that gamers who leave their consoles powered on all the time spend more than $100 a year to leave their game console idle. At first glance this...