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Netflix playing hardball with subscription pricing [UPDATE]

Update: Representatives from Netflix have let us know these lower-priced plans are part of a test for selected Netflix subscribers, and the current prices that were lowered last month remain for new and existing customers.

Netflix is cutting the price of two of its most popular plans by $1 today, less than a month after its last cut in July. The pricing hasn't been changed on Netflix's rates page, but the company has been sending out rounds of e-mails to its customers about the change since last night, and made an announcement about it earlier this morning. The … Read more

Price cuts and video games

In an announcement that was confirmed earlier this week, Microsoft has officially announced that its Xbox 360 console price will drop across the entire line. For those who are keeping score, the Elite version will go for $449.99, the Halo version for $399.99, the premium version for $349.99 and the core version for $279.99. And while I applaud Microsoft for making some headway in reducing prices, why can't the same be said for the entire video game industry? Why are prices so high? Forget movie theater tickets, the real robbery is found on video game … Read more

Xbox 360 price drops now official

After weeks of credible rumors, Microsoft finally made it official: the Xbox 360 will be cheaper as of August 8. The new price points are as follows:

Xbox 360 Core: The cheapest 360 drops just $20, to $280. But since it still doesn't come with a hard drive--which will cost you at least $100--you're much better stepping up to the Premium version (see below).

Xbox 360 Premium: The sweet spot in the Xbox 360 lineup drops $50, to $350. If you don't need HDMI output and you're not planning on downloading a lot of videos, … Read more

When only Big Bird is safe enough

Toy makers have made good progress in robots and pretty much anything with a remote, but they've never quite been able to figure out computers for tots. Usually they're just toy laptops with lame black-and-white screens that are barely legible, making them kind of like fancy Etch A Sketches with some flashing lights and a mouse.

The latest offering from Fisher-Price, the "Easy Link Internet Launch Pad," takes a different approach. Rather than just try to look like a notebook for kids, it's a plug-and-play navigation device that works with any regular computer with a … Read more

Xbox 360 price drop for real this time?

E3 came and went, and while another company announced a "price drop," the Internet-wide speculation of Microsoft doing the same at the big show went unmentioned.

Well it seems that these Xbox 360 price-drop suspicions were not completely unfounded; over the weekend it was discovered that multiple retailers will have the Xbox 360 premium listed at $350 beginning in early August--most likely to coincide with the release of Madden 08.

Thanks to Cheap Ass Gamer, we have two scans of predated ads from Wal-Mart and Toys R Us displaying the $50 price cut. It is unclear, however, about whether this will affect the Elite and Core versions of the console as well.

Check out the Wal-Mart ad scan after the jump.… Read more

AMD not 'chasing share for share's sake'

SUNNYVALE, Calif.--Apparently sometimes, you just can't say no, even when you know it's going to hurt.

That seems to be where AMD finds itself, as it tries to reconcile a draining price war against the high demand for its chips. Intel has been squeezing AMD's margins for over a year through processor price cuts, but AMD has still managed to expand its foothold inside customers like Dell and gain new customers like Toshiba.

The problem is that much of that growth is coming at the low end of the market, where less profits can be had. … Read more

Tech stocks mere passengers in Thursday's downhill ride

This is based on an initial, somewhat superficial look at Thursday's stock tumble, but it's hard to say tech stocks played all that much of a role in the plunge. Many of them lost a little ground but didn't get hammered like some among the Dow industrials, which ended up almost 300 points lower at the end of their second-worst trading day of the year. Most of the selling was said to be prompted by concerns over weakness in the housing market and grim prospects for buyout financing.

As of about 4:30 p.m. East Coast … Read more

XM-Sirius price drops ahead

If the proposed merger of XM Satellite Radio and Sirius Satellite Radio goes through, the combined company plans to offer packages of channels at reduced rates, including a 50-channel offering that's almost half the price of today's lowest-price option.

New "a la carte" options, which will enable consumers to pick 50 or 100 channels from both XM and Sirius' lineups (minus "premium" offerings like those from Playboy, that is) for $6.99 or $14.99 per month, respectively, are scheduled to kick in within one year of the merger's completion, Sirius CEO Mel … Read more

Optimus Prime's car insurance bill

In our steadfast effort to cover all things technologically urgent and culturally important, e.g. the Transformers movie, here is the latest development.

On Monday, McSweeney's, the Web publishing arm of San Francisco author and famous eccentric Dave Eggers, published "A Letter to Optimus Prime from his Geico Auto Insurance Agent," penned by John Frank Weaver. It details the particulars of 27 claims made during the month of June and the parameters of coverage and "reasonable use" for a truck and trailer.

You have to read the original for the riotously strained legalese and in-depth … Read more

PS3 price cut isn't going to last?

On Monday, Sony announced a $100 price cut for the 60GB PlayStation 3, taking the console's retail price down to $499. Since many gamers saw the PlayStation 3 as too expensive at its previous retail price of $599, Sony's decision was widely praised. Unfortunately, the $499 60GB PS3 isn't going to last, because Sony has just confirmed that the company is no longer producing 60GB PS3s.

On the same day the price cut was announced, Sony announced a new 80GB PS3, a console that will be bundled with Motorstorm and will retail for $599, the same as … Read more