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Here's what we know about Xbox One games

The wait is over. Microsoft's new console is called the Xbox One, and it will be a machine that will wear many hats. But what did we learn about the games?

First off, Microsoft tells CNET that the Xbox One will not be backward compatible with any previous Xbox game. Xbox One games will also need to be fully installed, and if the install disc is used on another console, there will be a small fee for doing so. We don't have a lot of the details beyond that, but fears of anti-used-game tactics have officially been realized. … Read more

Five unanswered questions about the Xbox One

With the pre-E3 announcement of Microsoft's next living room video game console, the parlor game of speculation about all the missing details can begin. As with the Nintendo Wii U and Sony PlayStation 4 before it, the new Xbox's first foray into the public was a carefully choreographed tease, with just enough information to get industry watchers and game fans on the hook for the next step in the long rollout plan.

The following step will no doubt be an expanded preview at the annual E3 video game trade show in June, although even then, important price and … Read more

Microsoft unveils Xbox One

Microsoft on Tuesday unveiled the Xbox One, the newest version of its popular game console.

Don Mattrick, president of Microsoft's interactive entertainment business, said the company wanted to design and build the "ultimate all-in-one home entertainment system."

The Xbox One will be available around the world later this year.

The Xbox One includes games, TV, movies, music, the Web, and apps. It has Skype and live TV capabilities, as well as voice recognition to switch between programs, new gesture recognition, and the ability to operate multiple programs at the same time. And users make group video calls … Read more

Wii U Basic price slashed by 20 percent at Target

Will gamers bite at a Wii U console that costs $239 instead of $299?

Target is now selling Nintendo's diminutive console at a 20 percent discount off the full retail amount. The $239.99 price is for the 8GB white version of the console; the 32GB black version will still run Target customers the full $349.99.

Target's price may mark a new low for the basic edition of the Wii U. Most retailers charge the full $299.99. Amazon offers a small discount, selling it for $279.

Target's discount may be in order as sales of … Read more

Next Xbox shipments to ramp up in third quarter

Microsoft's next Xbox is already in production, and will start shipping in large numbers in the third quarter, according to a recent report.

The sometimes spotty DigiTimes on Monday reported that Microsoft has already started producing the next version of its Xbox in "small volumes," but has already placed orders for "mass shipments" of the device to kick off in the third quarter, and reach their peak in the fourth quarter. DigiTimes is basing its claims on conversations it had with members of Microsoft's supply chain.

Microsoft is holding a big Xbox event todayRead more

Ex-GTA producer: Don't expect 3 consoles in next, next gen

A former Grand Theft Auto producer at Rockstar Games thinks that the next, next generation in consoles won't have three hardware makers competing for your dollars.

Speaking to Games Industry in an interview published on Monday, Jeremy Pope said the economics of the console market make no sense for there to be three hardware companies competing after the next round of consoles launch.

"It's going to be very challenging for Microsoft, Sony, and Nintendo," said Pope, who is currently running a mobile startup he founded called Rally Games. "I wouldn't be surprised if we … Read more

On eve of Xbox reveal, Sony teases PS4 peek for E3

Hey, remember the PlayStation 4? Actually, we never saw it, now, did we? Sony's new teaser trailer for the PS4, however, released minutes ago, gives us a decent dose of blurry silhouette and fast-cut shots of what look like details.

The Sony press conference is on June 10 at 6 p.m. PT at E3 in Los Angeles, which is where more details should be spilled -- as opposed to the February PS4 preview event, which was mainly conversations and promises about features. … Read more

Xbox next: What to expect at Tuesday's Xbox reveal event

Much has changed in the video game landscape since Microsoft unveiled the Xbox 360 in 2005.

Back then, Microsoft was a clear underdog, hoping to cut into the leads held by rival consoles from Nintendo and Sony. The Xbox had a core following, to be sure. But it also had plenty of ground to make up.

When Microsoft reveals the details of the next Xbox on Tuesday, it will be sitting in a far more comfortable position. Just last week, NPD reported that 130,000 Xboxes were sold in April in the United States, making the Xbox the best-selling video game consoleRead more

Game industry sees hardware sales plummet 42 percent

The latest data out on the gaming industry indicates one, simple message: times are tough.

Overall spending on game industry products in the U.S. in April hit $495.2 million, down 25 percent compared to the $657.5 million consumers spent during the same period in 2012, according to monthly sales data on the game industry from research firm NPD. Hardware sales were hit hardest with just $109.5 million spent on consoles and handhelds last month. That figure is down 42 percent compared to the same period in April 2012.

Once again, the Xbox 360 led the market … Read more

Report: EA to scrap Online Passes for games

Electronic Arts will be dropping Online Passes from all of its future games, citing lackluster player support, according to a report by Venture Beat.

EA Senior Director of Corporate Communications John Reseburg revealed the news. "Yes, we're discontinuing Online Pass," he said. "None of our new EA titles will include that feature."

EA is not the only game publisher that elects to bundle an Online Pass with new copies of its games. The one-time codes are designed to restrict access to key features, such as online multiplayer. Players who buy a second-hand version of the game are given the option to purchase an Online Pass for a fee, prior to being able to play with others. … Read more