"Ralph Hardy, a 13 year old from Newark, Texas confessed to ordering an extra credit card from his father's existing credit card company, and took his friends on a $30,000 spending spree, culminating in playing "Halo" on an Xbox with a couple of hookers in a Texas motel."

"SEC filings have revealed that Electronic Arts borrowed $1 billion from Morgan Stanley and other lenders to help finance a possible acquisition of Take-Two.

"There's no news here," said EA VP of communications Jeff Brown. "This is just a process point on something we announced in February."

With $2.3 billion on hand in cash, cash equivalents and short-term investments, EA already has the funds available to do the deal as it currently stands. With the deal not contingent on financing, wh..."

"The phenomenon of the BYOC (bring-your-own-computer) LAN party continues to grow and grow, and this fact is reinforced by the news that one of Europe’s largest regular LAN parties, the i-Series, has sold out its latest event in record time.

What started out as a small group of enthusiasts meeting in a village hall has grown to the point where 2000 seats have been sold in 1 month for the 34th i-Series. This is a relief for the organizers, Multiplay.co.uk, who have taken a big gamble for thi..."

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"Microsoft and its partners have created and amazing invention called Xbox LIVE! Which has catapulted itself from just a name to being the premiere gaming platform for all genres to strive for? Their unique user interface keeps you in touch with your friends and sees what they are playing at any time. It also will let you join your friends’ game with a click of a button. This is probably the largest reason while people keep coming back. The other would have to be content. With killer games out..."

Consoles in this day and age, seem to follow a "Console Cycle"... well atleast Sony did with the Playstation trilogy... The cylce sees the introduction of a new generation machine every 5 to 6 years, however the production life of each machine is around 10 years.

Take for example the (original) Playstation which was released in Dec 1994. This was followed in Mar 2000 by the PS2, however it remained in production till Mar 2006 when Sony finally stopped making the machines. Which meant that...

"So all told, the upfront cost for EA to bring on Peter Moore will be nearly $2.4 million. We're not sure how much he was paid while at Microsoft, but EA certainly went above and beyond, New York Yankees style if you will."

"“Peter has contributed enormously to the games business since joining Microsoft in 2003 and we are sad to see him go,” said Robbie Bach, president of Entertainment and Devices Division at Microsoft. “Since that time, he presided over the global launch of the Xbox 360™, spearheaded a revitalized and rebranded Games for Windows business, and helped steer the console’s ascent.”

Moore has decided to return with his family to Northern California, where they lived until he took the position at M..."

"Microsoft announced this morning that two more games would be making their ways to the Xbox Live Arcade on the Xbox 360. Both games will be made available for download on Wednesday, April 18 at 2 a.m. Pacific Time.

Fans of classic-shooting action should be pleased to hear that Konami is bringing its coin-op tube-shooter Gyruss to XBLA. In Gyruss, gamers are charged with flying a space cruiser from Neptune to Earth, all while battling enemy ships, satellites, laser-beam generators, and aste..."