At the Tokyo Game Show, two keynotes presented very different visions regarding the future of video games. This year’s theme was “Limitless Evolution,” and Sony executives talked about the evolution of consoles, increased connectivity through a suite of Sony hardware, and the rise of downloadable content. In contrast, the CEO of GungHo Online Entertainment discussed the importance of luck and timing today, in addition to the runaway success of certain free-to-play mobile games. Continue reading Two Competing Visions for the Future at Tokyo Game Show

Apple announced yesterday that it shattered previous iPhone sales records by selling nine million of the new 5s and 5c handsets over the first three days of the product’s debut weekend. The launch marks the first time Apple released a flagship product in China on the same day as other locations and the first time iPhones have been made available on NTT DoCoMo, Japan’s largest wireless network. According to Piper Jaffray Cos, about 15 percent of sales came from China. Continue reading New Record: Consumers Buy Nine Million iPhones in Three Days

On its first day of availability, sales of Rockstar Games’ “Grand Theft Auto V” have topped $800 million worldwide, reports publisher Take-Two Interactive (and the game has yet to make its debut in Brazil and Japan). “GTA V” has been praised by critics, averaging a 98 score on review site Metacritic and is expected to generate impressive numbers, despite a 22 percent drop in video game disc and console sales in 2012 due to the rise of online and mobile games. Continue reading “Grand Theft Auto V” Generates $800 Million on its First Day

At the International Broadcasting Convention in Amsterdam on Friday, FIFA and Sony announced that next year’s World Cup Final in Brazil will be produced in 4K. Sony also revealed it is developing production equipment to support 8K technology, and that 8K broadcasts are being planned for coverage of the Tokyo Olympic Games in 2020. Sony hopes the announcements will help spark interest in Ultra HD, including the ultra sharp 8K, which is 16 times the resolution of current HD offerings. Continue reading IBC 2013: Ultra HD Planned for World Cup and Tokyo Olympics

At a special press event yesterday in Japan, Sony announced a number of upcoming hardware releases including the PlayStation Vita TV, a small set-top box device that delivers content and games to HDTVs. Designed to connect Sony’s Music Unlimited and Video Unlimited content to televisions, the Vita TV box can also play PS Vita and PSP games, and will be available with an optional controller. Sony also unveiled a new version of its PS Vita handheld game console and announced that the PlayStation 4 Japan launch has been pushed to February 2014. Continue reading Sony Announces PlayStation Vita TV, Could Take On Apple TV

Japanese videogame maker Nintendo will be reducing the price of its most expensive Wii U from $350 to $300 due to market pressure following disappointing sales. Customer preference for the Wii U Deluxe model encouraged the company to reduce the price on that model first. The company also plans to offer new games and expand its lineup of handheld consoles. Nintendo will be releasing the 2DS, which can play mobile titles without a 3D image. Continue reading Nintendo Plans to Reduce Wii U Price and Offer New Handheld

During last week’s VidCon conference for online video, YouTube announced its plans to open another “Creator Space” production studio to offer content producers the opportunity to use professional-grade equipment and facilities. The new 20,000 to 25,000 square foot YouTube Space will be located in the Chelsea Marketplace district of New York City. Similar to those already operating in Los Angeles, London and Tokyo, the free-to-use facility is expected to be up and running by October of next year. Continue reading YouTube Plans Next Creator Space Facility in New York City

Sony and Panasonic announced yesterday an agreement to team up on developing standards for a next-generation optical disc that can hold more than 300 gigabytes of data (six times the capacity of Blu-ray discs). The companies are hoping to develop the new storage medium by 2015. Once fierce rivals, the two electronics leaders also recently unveiled plans to work together on mass production technology for organic light-emitting diode displays. Continue reading Sony and Panasonic Join Forces on Optical Discs and OLED

Microsoft’s Xbox 360 is expected to surpass Nintendo Wii’s accumulated lead in U.S. sales by the end of 2013. This projection is based on consistently increasing Xbox 360 sales over the past three years. Although the Wii is the best selling console worldwide, especially in Japan, the previous holiday season was marked by the rise of Xbox 360. Over the last year, the Xbox 360 has outsold the Wii in the U.S. by an average of more than 275,000 units per month. Continue reading Xbox 360 to Surpass Wii in Total U.S. Sales by End of 2013

Apple has applied for an iWatch trademark in Japan, fueling the rumor of an upcoming smartwatch-like device. Other manufacturers are also pursuing the wearable technology market. Google, Microsoft and Samsung are all developing smartwatch-like devices. Sony recently released a newer version of its Android compatible SmartWatch. Sporting good companies, such as Nike, offer watch-like devices that monitor physical activity. Continue reading Apple Applies for Trademark in Japan, Paves Way for iWatch

At this week’s CineEurope exhibitor conference in Barcelona, Spain, NEC announced its new $170,000 laser projector will be available this fall, perhaps beating other manufacturers in the race to deliver the market’s first laser illuminated projection system. Installations of the NC1040L are slated to first appear at Japanese auto manufacturers. The company says it has also fielded interest from cinema exhibitors in European cities. Continue reading CineEurope 2013: NEC Demonstrates New Laser Projector

SoftBank Corp. is expected to take over Sprint Nextel in a $21.6 billion deal, while separately, Sprint raised its Clearwire offer to $5 a share, beating a rival bid from Dish Network. Masayoshi Son — chairman and chief executive officer of SoftBank, who founded the company in 1981 — told shareholders at an annual meeting in Tokyo on Friday that he plans on SoftBank becoming “the world’s biggest company.” Sprint shareholders are scheduled to vote on the takeover tomorrow. Continue reading SoftBank to Acquire Sprint Nextel, CEO Boasts Big Plans

Sprint Nextel, the third largest U.S. wireless carrier, accepted a $21.6 billion bid last week from Japan’s SoftBank and gave Dish Network a Tuesday deadline to make a best and final offer. However, Dish said it would not submit a new offer by the deadline, which clears the way for a Sprint acquisition by SoftBank. Dish has shifted its focus to purchasing a large stake in Clearwire Communications, but now faces a lawsuit filed by Sprint to block the offer. Continue reading Dish Network Opts Not to Submit New Bid for Sprint Nextel

Dish Network is reportedly making a play for shares of Clearwire Corp., which could complicate a planned purchase of the broadband company by Sprint Nextel. In an effort to better compete in the U.S. wireless market, Sprint had agreed to purchase the roughly 50 percent of Clearwire that it does not already own. Additionally, Sprint agreed to a $20 billion acquisition by Japan’s SoftBank Corp. However, Dish also made a $25.5 billion offer to acquire Sprint.  Continue reading Dish Pursues Clearwire: Could Complicate Sprint Nextel Plans

Dish Network has received signed commitment letters from five banks, according to people familiar with the matter, bringing it closer to arranging $9 billion in committed financing for a planned $25.5 billion acquisition bid for Sprint Nextel. Dish has raised nearly $12 billion for the deal, which will compete with October’s $20.1 billion offer by SoftBank to acquire 70 percent of Sprint. The financing arrives a few days after Sprint agreed to enter into negotiations with Dish. Continue reading Dish Goes Up Against SoftBank to Purchase Sprint Nextel