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Zediva Down, But Not Out

posted Wednesday Aug 3, 2011 by Scott Ertz

Zediva Down, But Not Out

Zediva, a video streaming service, started their public offering in March to mixed reviews. Zediva was formed to allow people to rent movies before they are available to RedBox and stream long before Netflix. They did this through an interesting means, though. The company has no agreements with the studios for streaming, but instead streams one-for-one physical DVDs.

While the allure of $2 video rentals was appealing, it was only a matter of time before a lawsuit came about. That suit was not far behind, coming in April. A group of studios, including 20th Century Fox, Columbia Pictures, Disney Enterprises, Paramount, Universal and Warner Bros, filed a suit against the start-up claiming copyright infringement. They claim Zediva uses "technical gimmicks" to skirt copyright law. This week, a US District Judge agreed.

To find out what he said and how Zediva responded, hit the break.

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AT&T Cappin Foo's Data

posted Saturday Jul 30, 2011 by Nicholas DiMeo

AT&T Cappin Foo's Data

Starting October 1st, AT&T is joining the ranks of Verizon and T-Mobile and start slowing down your data speed once you hit an unconfirmed level that would mark you as one who uses "an extraodrinary amount of data." 9to5Mac has reported that because AT&T has seen an increase in data consumption of 80 times what it has in 2007 - before the iPhone was introduced - that the company may consider putting the hammer down on those crazy tethering and streaming mobile devices.

This change will affect the plans who currently have an unlimited data package, so you 5GBers need not worry.

While we're not surprised as yet another company either reducing speeds after a certain point in your allotted data or throttling speeds when you exceed a larger amount, we are surprised at what some of the details of this change might be. We have those after the break.

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R2-D2 Soon Available as Home Entertainment Product

posted Saturday Jul 30, 2011 by Scott Ertz

R2-D2 Soon Available as Home Entertainment Product

It isn't every day that Microsoft creates a custom Xbox 360 to go along with a videogame release. Even more rare is for them to release a custom console for a game that they are not intimately involved with. Based on this information, it was a surprise when they announced a Star Wars Kinect custom console.

The console itself is modeled after R2-D2 with a matching gold C-3PO controller. In addition, a matching Kinect sensor is included, along with a 320GB hard drive, Star Wars Kinect and Kinect Adventures. All of this for a price of only $449.

Oh, by the way, it also has custom console sounds. So, are you going to be getting one of these when it launches this fall? Let us know in the comments section. Also, good news: you can pre-order from the Microsoft Store right now!

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Satoru Iwata Takes Price Cut

posted Saturday Jul 30, 2011 by Scott Ertz

Satoru Iwata Takes Price Cut

By now, I think we all know about Nintendo's 3DS price cut, but that isn't the only thing getting slashed at Nintendo. Satoru Iwata, Nintendo's corporate president, has taken responsibility for the poor sales numbers and recognizes the probable loss that will accompany the price drop on the 3DS, and has announced that he will take a 50% pay cut, as well.

He won't be the only executive to be taking a major pay cut, either. In explaination of the pay cuts, Iwata himself said,

For cuts in fixed salaries, I'm taking a fifty percent cut, other representative directors are taking a 30 percent cut, and other execs are taking a 20 percent cut.

Hit the break to find out how and why this is happening.

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NCSoft to Reveal New Game

posted Friday Jul 29, 2011 by Scott Ertz

NCSoft to Reveal New Game

Ever since NCsoft announced that they would be attending gamescom 2011 and were going to "make some world exclusive announcements," the Interwebz have been trying to figure out what it could be. The prevailing theory seems to have been there would finally be a release date for Guild Wars 2.

This week, however, NCsoft announced through a letter from Executive Producer Jeremy Gaffney that the big announcement will not have anything to do with any existing IP, but instead will be the game the guys over at Carbine Studios have been working on. While we may not know a lot about it, we do know that it is a new sci-fi MMO IP.

Want more information that that? Hit the break.

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Nintendo Slashes Price on 3DS After an 82% Cut in Sales Forecast

posted Thursday Jul 28, 2011 by Nicholas DiMeo

Nintendo Slashes Price on 3DS After an 82% Cut in Sales Forecast

Nintendo had high hopes that its Nintendo 3DS would bring the company out of the basement of the gaming world and bring it back to the glory days. Unfortunately, Quarter 2 results did not look so good for the company. Nintendo posted a total net loss of $324 million for Q2, a little more than their hit from last year as the same time. The bigger issue here is that Nintendo also reduced their sales forecast for 2010 by 82 percent, from $11.5 billion to a mere $257 million.

Because of this, Nintendo's stock dropped by a fifth of its value this week. As it turns out, 11,190 investors didn't seem to like an 82 percent decrease in sales projections. Nintendo is putting the blame on a lack of sales for the big titles on the Wii and 3DS.

So what is a company who is struggling to barely keep afloat this year to do after a disastrous financial report? Drop the price of their headlining handheld gaming device, of course! More details on that after the break.

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