Nintendo

Shrugging off a massive 87 per cent drop in sales, Activision's Call of Duty: Modern Warfare 3 has retained the UK top-spot for a second week.

It's been a busy year for racing games, offering driving fans everything from three thousand miles of open Ibiza roads in 'Test Drive Unlimited 2', to the streets of San Francisco in 'Driver' and the Top Gear Test Track in 'Forza Motorsport 4'.

'Super Mario 3D Land' for the Nintendo 3DS launches across Europe tomorrow, November 18, and after selling over 340,000 copies in its opening four days in Japan, Nintendo is expecting good things from Mario's first outing in 3D.

Proving once and for all that the semi-automatic rifle is mightier than the sword, Call of Duty: Modern Warfare 3 has beaten The Elder Scrolls V: Skyrim, taking the UK chart's top spot in its opening week.

Valve has confirmed that the cyber attack on its Steam forums may have seen hackers make off with a number of its customers credit card numbers.

Before Sony's new handheld has even been released new research has emerged suggesting the device is already fated to fail, with smartphone game profits exceeding those of dedicated handhelds.

In a recent interview, going against most analysts' predictions, Ubisoft CEO Yves Guillemot reiterated his belief that the Wii U will allow Nintendo to bounce back from its ongoing poor financial performance.

The late Steve Jobs has been named the most influential person in gaming history in a survey of 1,000 executives from the gaming industry.

While Sony's PlayStation 3 and Xbox 360 consoles have posted strong performances, Nintendo's Wii and 3DS have continued to under-perform, leading to further speculation that the industry veteran may have to bow-out of the console market.

Both SEGA and Nintendo have posted disastrously low sales leading to speculation as to whether the two God Fathers of gaming will be able to remain serious players in the increasingly competitive games industry.

Just after Nintendo revealed its own disastrous quarter, veteran games make SEGA has revealed a massive 29.9 per cent drop in revenue in its latest financial statement.

With Nintendo's latest financial statement confirming a further slump in revenue, analysts have come to question whether Nintendo will be able to continue developing consoles, suggesting the company may be forced to go the way of SEGA and re-focus its efforts to third-party software development.

Despite beating research firm Nikkei's pessimistic predictions, Nintendo has revealed a massive ¥70 billion (£576 million) loss for the quarter ending 30 September, 2011, leading to fresh speculation about the games industry veteran's future as a console maker.

New reports have emerged suggesting Nintendo's next quarterly financial statement could be the first step in the company's demise as a console maker, prophesying a recurring loss exceeding the 100 billion yen (£823 million) mark.

Sony has confirmed that the PlayStation Vita will be released in the UK and America on February 22, and will be priced at £229.99 for the Wi-Fi model and £279.99 for the Wi-Fi and 3G version.

The Nintendo DS has sold more than 50 million units in the United States, and the company made more than 647,000 hardware sales in September alone.

Nintendo have announced their latest new-look console will hit the stores on November 8, just in time for your Christmas shopping.

EA Sports and Adidas Originals have created a partnership around the newest 'Need for Speed' racing game, The Run, offering special trainers and apparel.

At its media event yesterday Apple announced updates to the iPod nano touch and iPhone, but failed to mention the iPod classic, adding to speculation that the device will soon be discontinued.

Sony has revealed the launch date and games line-up of its highly anticipated PlayStation Vita portable games console.

Seeking to boost the number of female gamers using its 3DS handheld, Nintendo has unveiled a new pink version of the gaming device.

Following the company's decision to slash its 3DS handheld games console's price by 40 per cent and the announcement of two new Mario games, Nintendo investors have remained pessimistic leading to a 5 per cent slide in share value.

Square Enix Inc. has promoted Clinton Foy to chief operating officer, tasking the new COO to expand the company's presence in the free-to-play, browser, mobile and "emerging platform" markets.

Following the company's recent disastrous financial quarter and the ongoing poor performance of its newest 3DS handheld, Nintendo has issued a statement reiterating its belief that its next wave of games will reverse the company's ailing fortunes.

Nintendo's share value has soared after news of a pre-TGS announcement on 13 Sept. led to fresh speculation that the company was in the process of redesigning its 3DS handheld.

Running contrary to most analysts predictions regarding Nintendo's future Wii U console, the International Data Corporation (IDC) has issued a fresh report suggesting the machine will be a key turning point in the games industry's future.

Nintendo has released the latest version of its current generation Wii console.

Facing increasing pressure for its $328 million loss, investors have called for games industry veteran Nintendo to begin developing titles for other gaming platforms, including Apple's iPhone.

In a bid to boost its ailing sales Nintendo has inked a new deal to secure an additional 5,000 free WiFi hotspots for 3DS console owners.

The manufacturer currently responsible for building devices such as the Apple iPad and Sony PlayStation 3 has announced new plans to replace yet more workers with robots over the next three years.