Sony's Project Morpheus is now officially PlayStation VR

Sony announced the change of name their game device from Project Morpheus to PlayStation VR as it enables players to feel like they are physically inside the game's virtual world. Sony has decided to change the name of its device Project Morpheus to PlayStation VR. The announcement was made at the Tokyo Game Show tweeting out as well the news from the official PlayStation Twitter account, Wired reported.

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Nintendo partnered with Niantic to develop the real-world mobile game, Pokémon Go

Nintendo, the largest Japanese video game company, had teamed up with Niantic Inc. to develop Pokémon Go, a mobile game based on the popular monsters from the Japanese cartoon series.

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China Panda TV is Amazon's nemesis

Amazon should get ready to face its upcoming tough competitor - China's Panda TV. Panda TV is an e-sports streaming service that will go in a direct competition with Amazon as revealed this week.

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CBS allows livestreaming of NFL Games in portable devices

CBS Sports announced a new feature that allows viewers to watch live NFL games on its portable device, which indicates that it is trying to enter the fast-growing internet market.

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YouTube Gaming launched; Brings gaming, commentary, and live-streaming to the next level

YouTube has officially launched its gaming hub, where gamers can post game plays and commentary. It is also a platform for live-streaming.

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Rovio seeks to rebound with 'Angry Birds 2' by tailoring an Asian fit game

After a decline in earnings last year, Angry Birds creator Rovio Entertainment plans to rebound and expand in Asia by developing its game to fit local consumers' preferences.

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American Express can make you play tennis with Maria Sharapova thru game-changing virtual reality tech

American Express redefines gaming experience as it launches a new virtual-reality action where tennis fans can play with Maria Sharapova at the 2015 US Open, which starts on August 31.

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Clash of Kings Reaches 65M Downloads in Just a Year

After just a year in the mobile game market, Elex's Clash of Kings announced to have reached 65 million downloads. The number of downloads includes on both Android and iOS platforms. The success was announced Monday in a company press release.

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Sesame Street turns exclusive; Airs on HBO Starting this Fall

Sesame Street is coming to HBO this fall. According to the announcement, HBO will air the next five seasons of the iconic children's show and can be streamed on HBO's partner stations and streaming outlets.

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Zynga finds refuge from slots with 30 percent revenue growth

Zynga continues to lose more players as internet users switch to mobile devices. The Farmville creator continues to cope by investing more in slot games which helped the company slash its losses from $62.5 million to $26.9 million.

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'Blackfish' caused SeaWorld profit to dive by 84%

SeaWorld, the pioneer and most sought-after refuge when it comes to entertainment and family entertainment, reported on Thursday an 84% drop in net income for its second quarter performance.

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Zynga increases profits but loses users; Plans to launch new game

Two of Zynga's games have improved by 274% compared to last year's bookings, which made the company soar in terms of profits and bookings. Plus the company is currently brewing a new game.

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Activision Blizzard surprises Wall Street with better-than-expected profits, earnings

Game developer Activision Blizzard pulled off a surprise when it announced earnings that topped expectations from Wall Street analysts.

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Original Content is King to Netflix's 'World Domination' Strategy

On-demand streaming media giant Netflix has a very simple long-term plan: world domination. If the California company has its way, it will happen by the end of 2016, and it will come by way of original content.

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Batman saves the day for Warner Bros: Q2 game revenue 135% higher

Thanks to Batman: Arkham City and Mortal Kombat X as game revenues for Warner Bros. goes up by 135% in the year's second quarter. These two video games provided huge returns for Warner Bros. Interactive Entertainment.

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