Research Firm Predicts Less Sales For PlayStation VR Than Previous Forecast

Reports by SuperData indicated a downward sales projection for PlayStation VR. Contrary to the high estimated sales the firm released earlier this year, the projected units that would be sold by the end of this year dropped to 750,000.

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PlayStation 4 News and Update: Releases Ultimate Holiday Gift Guide

Sony PlayStation offers three hot picks for the holiday season. Aside from the original PlayStation 4, gamers may also opt for PS4 Slim or the PS4 Pro with its impressive upgrades.

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Ubisoft acquires Ivory Tower, the French developer of The Crew

The worldwide games developer, Ubisoft, finally acquires Ivory Tower, the French maker of The Crew racing game. After years of collaboration with Ubisoft driving experts, Reflections, Ivory Tower is now part of the Ubisoft. The gaming developer confirmed the acquisition in the blog.

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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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With PlayStation network, Sony goes back to the future in search of revival

Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation.

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Amazon, Best Buy leaks PlayStation 4 Vita Bundle

Amazon and Best Buy have appeared to leak a PS4 and PS Vita bundle complete with pricing, ahead of its scheduled big announcement in the upcoming Electronic Entertainment Expo (E3 2014).

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Sony forays into virtual reality space with Project Morpheus for PS4

Sony unveiled a prototype hardware for the virtual reality headset it is working on for the PlayStation 4 which it calls "Project Morpheus," TechCrunch reported.

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Photos: Microsoft sells over a million Xbox Ones in under 24 hours

Microsoft Corp sold over 1 million of its new Xbox One game consoles within 24 hours of their hitting store shelves on Friday, on par with Sony Corp's PlayStation 4 despite launching in far more countries.

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PlayStation 4 (PS4) launch in Photos

The PlayStation 4 debuts today, sparking a new round in the battle over your attention span, thumb endurance and, ultimately, checkbook.

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What to watch in the day ahead

Friday is the first day of sales for Sony's PlayStation 4 interactive gaming console. GE holds an meeting for investors and analysts focused on its GE Capital business. The Federal Reserve releases its report on U.S. industrial production.

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