- Chinese Government: 4 Million Addicted To 'Unhealthy' Games
[08.29.08]
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Around four million Chinese youths are addicted to “unhealthy” online games, according to claims made by a Chinese government official. A government committee is once again calling for even stricter controls on content and the length of time spent online.
- Nintendo Shares Surge As Forecasts Are Raised
[08.29.08]
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Nintendo has increased its full-year profit forecast by 26 percent, resulting in the company’s biggest increase in share price for nine months. Higher than expected sales of the Wii and Nintendo DS are the cause, as well as a continually weak yen.
- GameStop Shuffles Senior Management, Appoints COO
[08.29.08]
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Leading specialty retailer GameStop announced that chairman and CEO Richard Fontaine will relinquish his CEO role to COO Daniel DeMatteo, as former Home Depot executive J. Paul Raines will take over DeMatteo's previous position.
- Japanese Hardware: DS Outpaces PSP For Third Week
[08.29.08]
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For the third week in a row, the Nintendo DS has been the best selling game console in Japan, though its lead over Sony’s PSP portable eroded to just 8,000 units, and the Wii was just third overall in the hardware charts - full stats within.
- Codemasters Appoints Four New Execs
[08.29.08]
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Codemasters (Colin McRae: Dirt, Overlord) appointed four new members to its senior management team, naming former Bally Wulff CEO Alex Herr as SVP of its EMEA publishing division and EA Europe vet Alex Bertie as vice president of brand and marketing.
- Nasdaq Warns Majesco Of Delisting
[08.29.08]
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Nasdaq notified publisher Majesco Entertainment that the company could be delisted from the stock exchange, as its stock has, for the past 30 consecutive trading days, closed below the $1.00-per-share minimum required for continued inclusion.
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