Sony isn't about to give up on console and dedicated handheld gaming platforms, but it's willing to bet on a new horse. The Japanese giant is acquiring California-based Gaikai, a cloud based gaming firm, in a $380 million deal.
Online bargain hunters who also enjoy interactive gaming are in for a treat: Outbid.com, which launched last week, brings together the social interactivity of Twitter, the intensity of an auction house and the vibe of a sports bar.
Zynga is the undisputed king of social gaming for Facebook and smartphones, and its stock price gives it a market cap nearly as big as video game leader Activision Blizzard. But at less than 5 years old, has the bulldog already jumped the shark?
The latest news on the video game front isn't pretty. Media tracker NPD Group's data reveals that industry sales plunged 21% last month. It's clear that the industry is undergoing a radical shift, but for investors, the more important issue is why.
If you're not familiar with Zynga, the undisputed champ of social gaming, odds are that you're not a fixture on Facebook or into smartphone app gaming. This month, it rolls the dice on a big public offering. Are you game?