This is a first. The New York Times has cleverly made a game out of solving the US financial crisis – it’s simultaneously the most important and the most boring game we’ve ever played. And we played through the first 20 hours of Final Fantasy XIII. More »
Shares of Sony Corporation closed 5.9% down in Japan today, following financial service company Credit Suisse Group AG’s downgrade of their stock rating from “neutral” to “underperform”
Electronic Arts announced its Q2 results today, posting a $310 million net loss for the quarter, despite seeing an increase in revenue totally $894 million. That’s a pretty big difference from last year, when, during the same time frame, it lost just $195 million on income of $640 million. It takes money to lose money it seems.
Word hit today through the grapevine that “massive” layoffs had hit at Electronic Arts. Initially we heard as much as 20 percent of the staff has been let go, but a quick check with Electronic Arts confirms that it was actually 6 percent, or about 600 positions.
