COMPANIES

Shares in British banks were down on the FTSE 100 in morning trading after rating's agency Moody's suggested that Britain's triple A credit rating could be downgraded.

Last night at this year's E3 fans finally got a glimpse of Nintendo's new Project Cafe console, which as it turns out is actually called the Wii U.

Shares in Punch Taverns were up on the FTSE 250 in morning trading after the pub owner reported a rise in sales in the third quarter ended 28 May.

With Sony having just revealed its new handheld PlayStation Vita console, analysts and consumers alike have begun speculating about whether the Vita will be able to reverse the handheld console market's ailing fortunes.

Shares in HMV were up on the FTSE after the retailer announced that it had entered into revised term and revolving credit facilities of £220 million with its banks, replacing its existing bank facility of £240 million.

Shares in British banks were mixed on the FTSE 100 in afternoon trading HSBC was given an expression of confidence from Goldman Sachs.

LulzSec's recent claim of a new successful hack on Sony's networks has come just after Sony's public apology to fans at this year's E3 expo, leading to fresh speculation about whether the company will be able to recover from its recent PSN hacking nightmare.

With Microsoft's E3 press conference out of the way, the IBTimes wraps up the key products and services it chose to reveal and demo at this year's expo.

Shares in Synergy Health were up on the FTSE 250 in morning trading after the company reported a rise in revenue and pre-tax profit in the full year ended 3 April.

Last night as a part of its contribution to this year's E3 expo, not only did Sony announce the renaming of its portable NGP console, it also released the handheld's tech specs.

After yesterday hacking Nintendo "just for LulzDec", the hacker group has today released a fresh statement claiming to have successfully breached Sony's online security again.

After the an earlier report outlining Microsoft's plans for this year's E3, the company has since leaked information confirming that it will be revealing two new Halo games at the expo.

With E3 beginning with Microsoft's press conference in just a few short hours, the IBTimes takes a look at what fans should expect from Nintendo at this year's expo.

With this year's E3 kicking-off in just a few short hours, the IBTimes takes a look at what consumers should expect from tech-giant Sony at this year's expo.

With the games industry already weakened after April's attack on Sony's PlayStation Network, the hacker collective LulzSec have mounted a fresh cyber assault not just on Sony, but also game-development guru Nintendo, leading to speculation about a possible future assault on Microsoft.

Shares in easyJet were down on the FTSE 250 in morning trading after the budget airline reported a rise in passenger numbers but a drop in load factor in May.

With Microsoft's E3 press conference set to begin in just a few short hours, the IBTimes takes a look at the last minute updates and rumours surrounding the company's 2011 line-up.

Shares in British banks were down on the FTSE 100 in morning trading as state-owned banks reportedly began preparing for asset sales.

The "Welcome Back" free gifts Sony offered consumers as recompense for the near two month PSN outage is now available for all PlayStation 3 and PSP customers.

In the wake of the latest cyber attack on Sony's networks, one of the company's chief rivals Nintendo has confirmed that its network had recently been the target of a similar hacking attempt.

With Sony only just having gotten its PSN and PlayStation Store fully functioning, the hacker group LulzSec have released a statement claiming to have once again bypassed Sony's online security -- this time on one of its websites -- but, unlike the first PSN breach, it appears that a significant proportion of the general public have reacted with pity or even sympathy rather than anger.

Since search-giant Google confirmed a recent attack on its Gmail service, speculation about a possible security breach to the U.S. Government's network has arisen, with the Chinese Government once again being suspected of coordinating the cyber attack.

UK-based bookmaker Betfred has been chosen to buy the Tote after an auction process that began in November.

Shares in British banks were mixed on the FTSE 100 in morning trading after Greece looked ready to come to an agreement that will see it impose greater austerity measures in return for a second bailout.

On the same day that Sony Corp. finally managed to restart its PlayStation Store service, a new group of hackers claimed to have successfully bypassed the company's online security, compromising a further one-million Sony customers account information.

After partial service was restored to the PlayStation Network midway through last month, the PlayStation Store has finally been re-activated early this morning.

Since Nintendo announced its intention to unveil its new Project Cafe console at the E3 expo later this month, critics and fans alike have been speculating about what new features the console will boast.

As the debate around cyber attacks intensifies, with the newly revealed assault on Google's Gmail service and the U.S. zero-tolerance policy, the U.K. has launched its own initiative -- a recruitment competition designed to groom the next generation of cyber security experts.

Since Google revealed that the latest cyber attack against its Gmail service once again stemmed from China, representatives for the Chinese Government has spoken out and officially denied the country's involvement.