Every so often, when I get weary of the Internet, I go back to YouTube and watch the video embedded above. It cheers me up without fail. Every time. And it gives me heart that the...

The first quarter results for the three major platform holders make grim reading and explode the myth that console-based gaming is recession-proof. Microsoft annual revenues from the Entertainment and Devices division were down 5% ($8.20 billion year...

More evidence that convergence is finally happening and the console is fighting for its role as the home entertainment hub The Financial Times reports today that from the autumn, Xbox 360 owners will be able to see...

Microsoft continues to make good on its promise to cut 5,000 jobs. Following the 1,400 job losses earlier this year (with many redundancies in Microsoft’s games division), Steve Ballmer, CEO of Microsoft has announced where the hammer...

Israeli website Haaretz reports that Microsoft is in advanced talks to acquire 3DV Systems, a manufacturer of a sophisticated imaging controller that allows a web camera to act like a sophisticated game controller. (Thanks to GI.biz for...

UPDATE: Gamesindustry.biz reports 12 staff have already been made redundant from Rare, with others required to reapply for their jobs internally. Following extensive layoffs in Microsoft’s games group, Develop reports that Rare is the latest studio facing...

Multiple sources are confirming that Microsoft has already starting making cuts as part of its initial 1,400 layoffs: Venturebeat reports that Chris Early, general manager of Games for Windows Live, the online gaming service for gamers who...