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PS3 BILLION loss
In the company's fiscal 2008 annual report, Sony revealed that they've now lost roughly $3.3 billion (that's billion with a on the Playstation 3 since its launch. That breaks down to $2.16 billion in 2007, followed by a notably smaller but equally daunting $1.16 billion loss in 2008.
The reason? Pricing the console below its production cost. That's right - that hefty $599 you paid for the PS3 back when it first launched was significantly cheaper than the cost of producing it in the first place, and while the retail price has come down some, the losses keep piling up.
Investors have reason to sweat. In a statement, Sony claimed "the large-scale investment required during the development and introductory period of a new gaming platform may not be fully recovered." They went on to note that they've invested a great deal of money into R&D for the console, a sum they might not be able to recoup if the PS3 "fails to achieve such favorable market penetration."
Sony fanboys should take heart, however. Losing money on hardware is relatively common in the video game biz, as companies routinely lower prices to sell more units and thus stimulate software sales. Sony's game division saw a 26% sales spike last quarter, a trend they expect will continue on the strength of strong exclusives like the recently released Metal Gear Solid 4 and the upcoming sequel Resistance 2.
Imagine reaching the Apple store at a ".apple" or ".mac" Web address, or finding auctions on ".ebay." That's exactly what could happen if the Internet Corporation for Assigned Names and Numbers (ICANN), a nonprofit organization that oversees the Internet's top-level domains, opens up registration of a generic top-level domain to anyone who can afford it.
For the last few years, businesses, organizations, and the general public have been paying a few dollars per year for a domain name under one of the more popular web suffixes including .com, .net, and .org. But if ICANN votes in favor of a new policy, those who can afford to pay between $30,000 and $50,000 for a top-level domain will be able to register their own dot suffix.
Of course, ICANN is setting up guidelines, and it plans to review applications to prevent abuses like trademark infringement-which is why the organization may also require a business plan in addition to the hefty fee.
ICANN is also considering adding ".love," ".hate," and ".(insert city here)" to the 20 generic top-level domains available today. The organization may even introduce domains in different character sets for Arabic or Chinese Web addresses.
It's estimated that only 17 percent of the original 4 billion domain addresses remain, and they will be depleted in the next five years. So opening registration of top level domains is a real possibility. It's a huge change, and it may happen as soon as next year.
Five hours after Mozilla officially released Firefox 3.0, researchers found a vulnerability in the new browser.
Tipping Point has verified the bug and reported it to Mozilla, Tipping Point said on Wednesday.
Since Mozilla is still working on a fix, the researchers won't share details about the problem. Tipping Point ranked the severity of the vulnerability as high, but said that users would have to click on a link in an e-mail or visit a malicious Web page before being affected. The issue affects users of Firefox 3.0 as well as Firefox 2.0.
Once the problem is fixed, Tipping Point will publish an advisory on its Web site, it said.
Tipping Point found out about the vulnerability through its Zero Day Initiative, which lets researchers earn cash by submitting new vulnerabilities to the company. Once Tipping Point validates the issue, it pays the researcher for the information and notifies the relevant software vendor of the technical details.
Mozilla did not respond to a request for comment.
Mozilla launched its newest browser on Tuesday along with a marketing stunt that went a bit wrong. The company announced that it wanted to set a Guinness World Record for the largest number of software downloads in a 24-hour period. However, the volume of downloads crippled Mozilla's site, and so customers in the U.S. couldn't begin downloading the software until two hours later than expected. Still, Mozilla said it logged more than 8 million downloads within 24 hours. There is currently no record for number of software downloads in a day, but Mozilla must now wait for review of the stunt by Guinness officials.
Join us in our mission to set a Guinness World Record for the most software downloaded in 24 hours!
Have you attempted to set a World Record with no luck? Well, now is your chance to change that! Help set a Guinness World Record by pledging to download Firefox 3 today. And, help spread the word!
Well, at one time [-CGZ-] had many expansions. Over the years the game got older and the kid grew up or RL took over. Each "expansion/game" had their own site and over time as things got smaller a single site was made. But with that, nothing happened. The core members moved on.
There are always those that want CGZ to live forever. To an extent I feel the same. With that being said, a NEW generation of [-CGZ-] is born.
[-CGZ-] STILL EXISTS. but no rosters, no group emails, no begging for server payments. [CGZ-] will become a kick back "COMMUNITY" Clan/Group. This will allow as a non structured group to expand not only to more PC games, but to gaming consoles like 360, PS3, and the Wii.
If you would like to become part of this community, just register at the site. GET INVOLVED if you like. Want to donate a game server, then contact me and we can post the IP. ATM we have a VoiP server called GSC.
Post your comments here and lets grow together.
SUMMARY: CyberGameZone.net the domain will point here at CyberGameZone.com
on the Playstation 3 since its launch. That breaks down to $2.16 billion in 2007, followed by a notably smaller but equally daunting $1.16 billion loss in 2008.
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