NewsFactor - In the shoot-out between video-game consoles, Microsoft has drawn a new weapon — a major price cut in Europe. Beginning March 14, the 20GB Xbox 360 with one wireless controller will cost 270 euros (US$414), 80 euros cheaper. The Elite, with a 120GB hard drive, will be 370 euros (US$568), down 80 euros. […]

Reuters - The European Union launched an investigation on Monday into whether U.S. measures on foreign online gambling companies break international rules, possibly paving the way for World Trade Organisation action.

IRVINE, Calif.–Blizzard ended months of Starcraft II silence at its headquarters today. We hadn’t gotten the slightest morsel of new info on the famed developer’s rabidly anticipated strategy sequel since BlizzCon in August of 2007, but now we’ve finally gotten our hands on the new and improved zerg, the third and last of Starcraft II’s […]

PC World - The European Commission has agreed to look into a complaint filed with it last year by a London gambling trade group that claims the U.S. is unfairly discriminating against European online gambling companies.

Reuters - The two biggest owners of shares in Take-Two Interactive Software Inc said on Monday they drastically cut their stakes in the video game publisher, potentially undermining management’s stance that a $1.9 billion buyout offer from Electronic Arts is too low.