Blog Archives

China Lifts Ban on Games Consoles

china-game-console-ban-headerJust in time for the start of a new console generation, the Chinese government has rescinded a 14-year-old ban on the sale of video game consoles in the country. The temporary ban will allow Sony, Microsoft and Nintendo to sell their consoles in China for the first time since 2000.

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The Economics of Steam Trading Cards and the Steam Wallet

steam-trading-cards-headerIt’s been six months since Steam introduced their Trading Cards. When they first launched, I was utterly confused as to why anyone would be interested in virtual trading cards that had no purpose and no value. It just seemed like a way for Valve to make some money that no one would buy into.

However, having just completed the Steam Holiday Sale, it’s readily apparent that Valve has hit a home run with the Trading Cards. It’s not just the transaction fees that are making Valve money. The spin-off effect from Trading Cards does just as much to make Steam even more profitable.

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EA Facing Two Investor Lawsuits Over Battlefield 4

battlefield-4-headerI know that Battlefield 4 launched with more than its fair share of bugs and might earn EA yet another Worst Company in America award but I didn’t think that it would be this poorly received.

Two law firms are currently investigating whether a class-action lawsuit can be launched on the behalf of EA investors as a result of statements made by EA officers about the game, their knowledge of the state of the game and the impact that had on the company’s share price.

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BlackBerry Courting More Buyers Including Google

blackberry-headerDeclaring that BlackBerry had been sold to Fairfax Financial Holdings for $4.7 billion might have been a bit premature. A report from Reuters says that BlackBerry’s sale is far from finalized and the beleaguered smartphone manufacturer is talking to more interested parties about a sale including SAP, Cisco Systems and Google.

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BlackBerry Sold for $4.7 Billion

blackberry-headerJust when you thought BlackBerry might be dead after their weekend from hell, it looks like that a consortium of buyers still see some life in the old girl yet. A group led by BlackBerry’s largest shareholder, Fairfax Financial Holdings, will buy the outstanding shares of BlackBerry in an all-cash deal totaling $4.7 billion.

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BlackBerry and the Terrible, Horrible, No Good, Very Bad Weekend

blackberry-10-headerJust when you thought that BlackBerry was turning a corner and making a comeback with the launch of BlackBerry 10 earlier this year, it turns out that the only way they can make news is when things go catastrophically badly for them. BlackBerry stole the Friday and Saturday headlines from Apple’s launch of the iPhone 5S with announcements of $1 billion in inventory write-downs, a massive staff cut and the failure to launch of BBM.

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Apple Found Guilty of E-book Price Fixing

A U.S. District Judge has ruled that Apple conspired with several book publishers to raise the price of electronic books and try to limit competition in the e-book market in an effort to combat Amazon and the $9.99 price for e-books on its website.

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