XBOX

A recent report from Nielsen says gaming consoles are taking over the living room as people use them for a wide range of tasks.

The brokerage maintained its 'buy' rating on shares of the software major with a price target of $33.

A strong turnout by shoppers for Black Friday boosted U.S. video game sales 8 percent last month, marking the strongest November on record, but sales for the whole year are likely to be flat at best, according to retail research firm NPD Group.

Sony Corporation of America's CFO Robert Wiesenthal said the company will bridge the gap between the media and Hollywood, as a content creator and an electronics manufacturer.

Apple has updated the terms of service for their Game Center application to display a gamer's real name along with the nickname while sending invitation to friends, a move that is geared towards decreasing anonymity in gaming.

Motorola Mobility plans to launch a video streaming device next year to enable streaming of digital content to smartphones and tablets in their homes.

Microsoft announced its gains in mindshare with 15,000 developers building apps for its recently launched Windows Phone 7.

Windows Phone 7 saw 80 per cent increase in the number of developers registering apps and games with the platform in two months since its launch, Todd Brix, Senior Director for Windows Marketplace at Microsoft, wrote in the official blog.

Apple iPad has topped the electronic gadget wish list of kids aged 6-12, beating probables like Nintendo and Sony PlayStation game consoles.

Microsoft hopes that its newly launched hands-free sensor gadget, Kinect's growing popularity will help revive sales of its Xbox game console in the upcoming shopping season.

Sony and Microsoft are hoping their new motion sensor controllers help them surpass long-time industry champion Nintendo in the console race this holiday season.

Having faced multiple hardware debacles ranging from Zune to Kin, Microsoft is out to prove naysayers false with its Xbox add-on Kinect, a motion sensor and voice recognition technology-based device that allows users to control games and movies with gestures and voice.

Microsoft Corp will sell its new Kinect motion-sensing gaming system for about $150 and also offer it in a package with the Xbox 360 videogame console when sales of the hands-free device start in November, the company said on Tuesday.

Major retailers have begun taking orders for Kinect, Microsoft Corp's controller-free add-on for its Xbox video game system, at $149.99 -- even though the company has not officially put a price tag on it.

Microsoft Corp will begin selling its Kinect motion-sensing games system on November 4 ahead of the crucial holiday season, hoping to lure new and casual players to the Xbox and steal a march on rivals Nintendo Co Ltd and Sony Corp.

Microsoft Corp has struck a deal with Walt Disney Co's ESPN network to broadcast live sporting events -- for free -- into U.S. living rooms through the Xbox 360 games console, bypassing traditional cable providers.

Microsoft Corp christening its new motion-sensing game system Kinect, on Sunday offered a sneak peek of upcoming titles it hopes will help draw a new generation of casual players into the 40 million-strong Xbox game console fold.

Free video website Hulu plans to soon begin charging customers and is looking to expand its content to consumer devices like the Xbox and iPad, according to two sources, as the site's media owners experiment with platforms beyond an ad-supported TV model.

Microsoft Corp's Robbie Bach, head of its video games and mobile phones unit, is retiring in a management shuffle, as Chief Executive Steve Ballmer tightens his grip over a division steadily ceding ground to rivals.

Microsoft Corp's Robbie Bach, head of the video games and mobile phones unit, is retiring in a management shuffle, as Chief Executive Steve Ballmer tightens his grip over a division steadily ceding ground to rivals.

Microsoft Corp is set to overhaul management of its division focused on mobile phones, videogames and other consumer devices, the Wall Street Journal said on Monday, citing people familiar with the matter.