News Byte

AMD Shares Crash on Goldman Sachs Downgrade

Shares of chipmaker Advanced Micro Devices have fallen by more than 13 percent today following word of a downgrade to “sell” by Goldman Sachs analyst James Covello. With sales of PCs slowing to rates not seen since records have been kept, the outlook for AMD, Covello argues, despite winning supply contracts from both Microsoft and Sony in forthcoming gaming systems, doesn’t justify its recent rise to as high as $4.40 a share. AMD was trading at $3.80 a share, down 59 cents with 30 minutes to go in the session.

Hands-On With Ouya, the Tiny Gaming Console With Big Aspirations

The Android-based Ouya gaming console will be available this June. Can it take on the likes of Microsoft, Nintendo and Sony?
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Wii U Sales Still Lousy

Pii U.
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Three Things to Expect From Tonight’s Sony PlayStation Event

Some things to consider, aside from new videogame titles.
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Next Sony PlayStation to Stream Games

Sony is planning to offer technology to stream games to its next videogame console, people familiar with the company’s plans say, alongside other enhancements to bolster its position in the market.

Xbox Remains Top Console in U.S., but PlayStation’s Strength Is Global

There’s no doubt about Xbox’s strength in the U.S., but internationally, the PlayStation still dominates.
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Voices

Sony to Unveil PS3 Successor

Sony’s updated console’s arrival comes as the console videogame industry has entered a tailspin.

Guitar Hero Creator Charles Huang Riffing on Android for Next Play

Green Throttle Games wants to enable gamers to play mobile games on the biggest screen in the house using their mobile phone or tablet.
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Facebook Fatigue? Kleiner’s Gordon Sees Console-Like Cycles in Social Gaming. (Video)

As an investor and board member of Zynga, Bing Gordon says Facebook feels a lot like a hardware game platform, but without the hardware advances to renew interest.
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