VENTURE CAPITAL POST

Sony Corp should fear China's censors almost as much as rival Microsoft Corp as it prepares to unveil the price and release date of its PlayStation 4 gaming console in the world's third-largest gaming market.

Microsoft Corp (MSFT.O) is in serious discussions to buy Mojang AB, the Swedish company behind the popular "Minecraft" video game, The Wall Street Journal said, citing a person with knowledge of the matter.

True to its promise, Microsoft today strutted the details of its previously announced titles and trailers for unannounced titles set to be released in 2014 and afterward in this year's E3 Microsoft Xbox Press Conference aptly titled "Xbox: Game On".

After 14 years of service in Microsoft, Xbox Chief Product Officer Marc Whitten will be departing and heading over to Sonos to take the same position for an unspecified reason.

Lausanne, Switzerland-based tech accessory maker Logitech debuted a wireless keyboard called Harmony Smart Keyboard that can be connected to different living room devices including the Apple TV, Xbox One, and PS3.

Redmond, US-based tech giant Microsoft is mulling over launching a free version of the Windows 8.1 OS (operating system) or selling it for a very low price, according to a report by The Verge.

Jinni has been boarded by XBox as its newest partner to power its video content catalog.

According to a Bloomberg report, shareholder pressure would most likely influence the incoming CEO of Microsoft to take drastic measures to increase shareholder value and possibly spin off the XBox video game division.