Panasonic is gearing up to challenge Nintendo and Sony with a new handheld video-game player code-named "Jungle," Bloomberg News reported Tuesday. After leaving the portable-gaming market a decade ago, can this new device make Panasonic a major player?
Videogame publisher Activision Blizzard said its "Call of Duty: Black Ops" has had the most successful entertainment debut ever, generating more than $650 million in global sales in five days.
Stores sold 4% less video-game equipment -- including hardware, software and accessories -- in October compared to a year ago, according to research firm NPD Group. While players are spending more on the games themselves, they aren't shelling out for new consoles: Sales of those systems declined significantly.
