Sony Cuts Price in Latest Round of E-Reader Wars

Sony has slashed the price of its Daily Edition e-reader to $299.99 from $349.99, following similar price cuts to Amazon's Kindle and Barnes & Noble's Nook. Can any of these companies really make money at the reduced price levels?

Japanese Consumer Lenders Soar on Nikkei

Shares in Japanese consumer lenders surged on the news that plans are in the works for Osaka to become a special business zone. This would make it exempt from the heavy regulations that have strangled Japanese lenders with restrictions.

Gyroscope Chip-Maker InvenSense Goes for an IPO

The cool technology that allows your iPhone or Wii controller to sense how you're moving it is a gyroscopic chip, and as the market for such motion-controlled devices grows, so do the prospects of gyroscopic chip makers like InvenSense, which just announced plans for an IPO.

Hulu Coming to a PlayStation 3 Near You?

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.

Face-Off: Best Buy, Microsoft, GameStop

A range-bound market has left lots of brand name companies trading at attractive levels but sometimes a stock is cheap for a reason. That's the bull vs. bear case in a nutshell when it comes to the likes of Microsoft, GameStop and Best Buy.

Game Over: Why the Console Business Is Doomed

Video-game console makers apparently think their business will be saved by motion-sensing technology that would let you play Madden NFL 11 by running around your living room. Sorry, guys: Smart phone, social network and cloud-based games are going to drink your milkshake.

Nintendo's 3DS Gives Shares a Boost

Markets in both China and Hong Kong were closed today in celebration of the Dragon Boat Festival. In Japan the Nikkei 225 Index climbed 1.8% to end the day at 10,067.

The Top 10 Countries for Millionaires

Global wealth made a remarkable comeback in 2009, but you might be surprised by the countries that showed the biggest increase in the percentage of millionaire households. Hint: The U.S. made the list, but it's not even in the top five. Another eye-opening point: Millionaires hold 38% of the world's total wealth.

Nintendo Raises the Stakes

Nintendo plans to widen its advantage over the competition by launching a new version of the Wii in a package that will include accessories that it used to charge separately for.

Nintendo Goes 3D With Popular Game Device

Nintendo unveiled plans Tuesday to launch a 3D version of its popular DS handheld game device, marking yet another move by an electronics maker to take advantage of 3D technology.

Sony Slashes e-Reader Price

Sony has cut the price of its entry level e-reader by $30 to $169.99. Some predict prices could fall as low as $99 by next year.

The Science Behind Naming Products and Companies

Vudu. JooJoo. Boorah. It almost seems as if companies are just randomly picking names for their latest product or the company, out of a hat. But consumers would be surprised at how much actual thought (and money) goes into the process of dubbing a tobacco maker Altria or an instant coffee Via.

Sony Shares Rise After Fixing Leap-Year Glitch, Chilean Mines Reopen

Major indexes were mixed in Asia Tuesday. In Japan, the Nikkei 225 Index rose 0.5% and in Hong Kong, the Hang Seng Index lost 0.7%. China's Shanghai Composite Index slid 0.5%. Chinese mining shares, which had soared yesterday, retreated today after Chilean mines reopened following the earthquake.

Nintendo Wii Sales Soar

Sales of the Nintendo Wii console hit 3 million last month in U.S. compared with 2.14 million in the same month in 2008.

Sony's Risky Bet on Online Services

CEO Howard Stringer has come up with yet another plan to reinvent his company: a service to move his movie and music content to his game consoles and portable electronics devices like the Walkman. It faces two big problems

Kindle: The Next Video-Game Crash?

This holiday season's must-have gift is the electronic reader, and Amazon's (AMZN) optimism remains on high after reporting that Kindle sales in November were the "best" ever. But is the e-reader's time really now? Or will consumers make a choice that they'll bitterly regret in 12 months?