Malathi's Feed
Jun 8, 2012

Travel Postcard: 48 hours in San Francisco

SAN FRANCISCO, June 8 (Reuters) – With its striking
cityscapes and an eclectic offering of food, arts and culture,
San Francisco captivates travelers and residents alike.

Reuters correspondents with local knowledge help visitors
get the most out of a short stay in the city on the bay.

Jun 7, 2012

Nintendo’s new Wii fires up two-screen game debate

LOS ANGELES (Reuters) – Nintendo’s new holiday-ready “Wii U” gaming console marks the biggest bet so far on a concept that two screens are better than one.

Sony, Microsoft and Nintendo touted features at the industry’s biggest annual gathering this week that let gamers employ a separate display in tandem with their TVs. Publishers like Ubisoft are designing games that will make use of this second screen – like a companion display you can glance at while the main action proceeds on your TV.

Jun 5, 2012

Nintendo’s pins hopes on holiday-ready “Wii U”

LOS ANGELES (Reuters) – Nintendo Co Ltd will launch a console with a dedicated “Super Mario” game title for the first time in 16 years, as the struggling Japanese company hopes the new Wii U will score the rave reviews that helped make its predecessor the world’s biggest gaming hit.

Nintendo, which was knocked off its perch at the pinnacle of gaming industry hardware by Microsoft’s Xbox in recent years, formally unveiled its distinctly white console on Tuesday, saying it will support two “GamePad” controllers designed to look and function like tablets.

Jun 5, 2012

EA plans to offer part of “Star Wars” game for free

LOS ANGELES, June 4 (Reuters) – Electronic Arts Inc
plans to offer a big part of its “Star Wars: The Old Republic”
online game for free and licensed the rights to produce
videogames with the “Ultimate Fighting Championship” brand,
hoping to breathe life into efforts to secure steady long-term
revenue.

EA announced the licensing agreement with Zuffa LLC on
Monday. The licensing rights were previously held by THQ Inc
, which received an undisclosed cash payment, Zuffa and
THQ said.

Jun 4, 2012

Microsoft’s Xbox to sell music, goes mobile

LOS ANGELES, June 4 (Reuters) – Microsoft Corp took
another step toward its goal of turning the Xbox into the nexus
of household entertainment, unveiling software to let users view
extra content, control games and surf the Internet from their
tablets and smartphones.

The software maker, whose market-leading Xbox already
streams Netflix and ESPN and other channels, unveiled a
“SmartGlass” application on Monday that links the console to
mobile devices powered by Windows or Apple Inc’s iOS
and Google Inc’s Android.

Jun 4, 2012

Microsoft to let Xbox hook up with mobile devices

LOS ANGELES (Reuters) – Microsoft Corp unveiled a new software application on Monday to connect Xbox game consoles to tablets and smartphones, turning mobile devices into a second screen for gaming and entertainment.

The U.S. software corporation has been trying for years to make a living-room entertainment hub of its Xbox, which has sold 67 million units since it launched in 2005. Now the company is trying to expand the Xbox’s entertainment features to mobile devices.

May 31, 2012

Activision, video game developers settle suit

SAN FRANCISCO, May 31 (Reuters) – Activision Blizzard Inc
has settled a lawsuit with its two former executives
over payment and royalties for developing top titles such as
“Call of Duty,” the company said on Thursday.

The video game publisher did not divulge any details of the
settlement and said that the terms are strictly confidential.

May 31, 2012

(OFFICIAL)-UPDATE 2-Lionsgate 4th quarter results hit by costs

SAN FRANCISCO/LOS ANGELES, May 30 (Reuters) – Lionsgate
Entertainment Corp swallowed hefty quarterly costs
linked to marketing its 2013 films and buying studio Summit
Entertainment, resulting in a huge earnings miss and sending its
stock price down 6 percent in after-hours trading on Wednesday.

The studio reported a net loss of $22.7 million, or 17 cents
per diluted share, in its fiscal fourth quarter compared with a
profit of $48.7 million, or 34 cents per diluted share, a year
before.

May 30, 2012

Lionsgate 4th quarter results hit by costs

SAN FRANCISCO/LOS ANGELES, May 30 (Reuters) – Lionsgate
Entertainment Corp swallowed hefty quarterly costs
linked to marketing its 2013 films and buying studio Summit
Entertainment, resulting in a huge earnings miss and sending its
stock price down 6 percent in after-hours trading on Wednesday.

The studio reported a net loss of $22.7 million, or 17 cents
per diluted share, in its fiscal fourth quarter compared with a
profit of $48.7 million, or 34 cents per diluted share, a year
before.

May 24, 2012

Raul Castro daughter lauds Obama gay marriage stance

SAN FRANCISCO (Reuters) – Cuban President Raul Castro’s daughter Mariela said on Wednesday she was surprised by the warm welcome she received on arrival in the United States and was heartened by President Barack Obama’s support for same-sex marriage.

Sexologist Mariela Castro, 50, heads the communist island nation’s National Center for Sex Education and is an outspoken gay rights advocate. She is reputed to have used her influence to persuade Cuba to grant certain rights to gay communities.