The video-game industry can exhale. For now.
Video-game companies have been in a funk since early last year, and this release could be coming at a time of revival for the industry. Gaming retailer GameStop
But even though there's a lot of buzz over upcoming motion-based controllers and 3-D games, I'm not sold. This space gets awfully quiet these days between major releases. There are just too many competing diversions for our very limited leisure time.
Briefly in the news
Let's take a quick look at some of the other stories that shaped our week.
(Nasdaq: SBUX)is putting "tall" brews -- the cheapest of its three standard coffee sizes -- back on the drive-through menu. The java giant got scalded for the practice that was essentially trying to upsell hurried patrons at the locations that offer drive-through windows.
- Stories began to circulate claiming that Yahoo! could generate as much as $11 billion by selling its 39% stake in Yahoo!'s Alibaba Group. CEO Carol Bartz shot down the notion.
Sirius XM Radio
(Nasdaq: SIRI)reiterated its 2010 guidance, calling for revenue of $2.8 billion and adjusted EBITDA of $575 million. It may as well play Aretha Franklin's "Respect" nonstop on one of its channels, since that's just what the satellite-radio operator has earned.
- Silicon Valley's Mercury News reports that Apple
(Nasdaq: AAPL)is about to give distressed print publishers a lifeline, by offering a platform for digital subscriptions through the iPad. Apple is selling roughly a million iPads a month, so watch this space.
Until next week, I remain,
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