video games

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...

In a 7-2 ruling, the Supreme Court Monday granted the video game industry some serious leeway, striking down California's ban on the sale of violent video games to minors. Here's more on what it means for the industry.

Summer vacation has hardly begun, and the chorus of "buy me, buy me" is already at full volume in homes across the country. And parents can only say no to so many of those requests. So which companies are gong to benefit from the school break? DailyFinance has a few ideas.

Nintendo is making a major push to clear out its Wii inventory as it gears up to unveil its successor to the gaming system next month. The company will cut prices on the Wii video game console to $149.99 from $199.99, and bundle four of its more popular games as a $19.99 set.

Under pressure to respond to competitors offering souped-up features for their video game systems, Nintendo announced Monday that it will offer a sneak peak of the Wii's successor in June. While consumers may love the shiny new system, the real question is how much it will cost.

A research firm that tracks video game sales reported that March hardware sales rose, but software sales plunged again. NPD claims that 23% of software sales in 2010 came from apps, but the industry isn't sure that its lagging sales figures can be entirely blamed on apps like Angry Birds.

If you're having a problem with a business, Consumer Ally can help. Write us at HelpMe@WalletPop.com. Become a fan of Consumer Ally on Facebook. Q. I purchased "Left 4 Dead 2" from Best Buy. Upon playing it for several days I noticed it began freezing randomly, amongst other problems. I returned...

Activision Blizzard has added video-game competitor Electronic Arts to its $400 million countersuit against two former executives of "Call of Duty" creator Infinity Ward, claiming that EA tried to lure the executives away while they were still under contract with Activision.

Microsoft sold out of its Xbox video-game console in late December thanks to strong holiday-season demand, and may have product shortages in January and February as well, as the company's Kinect motion-sensor device has boosted the popularity of the system, the Seattle Post-Intelligencer reported.

U.S. gamers spent about the same amount of money on video games last year as they did in 2009, even as sales of consoles and other hardware took a plunge. Purchases of physical game discs slid 5%, in spite of the record-breaking success of "Call of Duty: Black Ops," but downloadable and social-network games made up the difference.