Posts Tagged ‘selling’
Installing, buying, selling and sharing games on Xbox One: here’s what we know
Author:
With each subsequent console generation there’s an undercurrent of fear, a concern that this will be the cycle that finally kills off something many hold near and dear: the used game. Though these scratched-up disks and carts are often overprized and come with incomplete or unfortunately creased manuals, they’re still better value than the shrink-wrapped titles.
With the announcement of the current next-generation of consoles the discontent raised again. Is the axe about to drop on the used video game market? Is this the iteration that will prevent you from borrowing something from a friend? Not if Microsoft has anything to say about it. The Xbox One does support used games and it does support game sharing — but the details are in some cases a bit murky. Join us after the break for an exploration of what we know.
Filed under: Gaming, Microsoft
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Installing, buying, selling and sharing games on Xbox One: here’s what we know
Author:
With each subsequent console generation there’s an undercurrent of fear, a concern that this will be the cycle that finally kills off something many hold near and dear: the used game. Though these scratched-up disks and carts are often overprized and come with incomplete or unfortunately creased manuals, they’re still better value than the shrink-wrapped titles.
With the announcement of the current next-generation of consoles the discontent raised again. Is the axe about to drop on the used video game market? Is this the iteration that will prevent you from borrowing something from a friend? Not if Microsoft has anything to say about it. The Xbox One does support used games and it does support game sharing — but the details are in some cases a bit murky. Join us after the break for an exploration of what we know.
Filed under: Gaming, Microsoft
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GameStop confirms June 1 end to PlayStation 2 trade-ins, will continue selling used stock ‘for several months’
Author: Heather Brown
GameStop is shuttering its PlayStation 2 trade-in business as of June 1st, a company spokesperson confirmed to Engadget. “We can confirm that as of June 1st we will no longer be accepting the PS2 console or its related product for trades,” the statement reads. Several of GameStop’s retail locations confirmed to our sister site Joystiq that the June 1st date was accurate after a Reddit posting showed what appeared to be an in-store sign saying as much, and the statement today offers a bit more detail.
For instance, GameStop won’t end sales of used PlayStation 2 hardware, software and accessories — both in store and online — until “several months” after the June 1 cutoff. Those sales, of course, depend on “remaining stock from trades.” Additionally, GameStop reminded us that it’s totally pumped for the upcoming PlayStation 4. “We are very excited about the upcoming PS4 and are making room in our stores for it and other new platforms expected this fall,” the statement says. And hey, with all the extra space available in GameStop stores by “holiday 2013″ (when the PS4 is expected to land at retail), it looks like GameStop will be ready for business. For GameStop’s full statement, head below.
Filed under: Gaming, Software, HD, Sony
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Sony: PS4′s main selling point will be ‘new playing options, not improved hardware specs’
Author: Jack Schmidt
As Sony Computer Home entertainment warms up its blue lighting and double-checks its playlist for February 20th, one unnamed SCE official states that the PlayStation 4 will function as even more of an estate enjoyment hub than what we have actually seen in the past. They included, according to the Nikkei, that the major selling point will not be the rumored eight-core AMD64 CPU or other hardware specs, but exactly how it opens new styles of play– something Nintendo is also concentrating on. Sony is going to push the new console as a real estate enjoyment “nerve center,” with a focus on the hardware’s capability to connect and share to mobile devices– the opponent that’s pulling gamers away from standard consoles. No discussion on any Gakai-powered cloud gaming just yet, however following its unveiling later on this month, the report specifies that the brand-new PlayStation ought to launch before the end of the year. A little a shame, then, that it’s still just February.
Submitted under: Games, SonyCommentsSource: Nikkei (
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Macmillan tests selling e-books to libraries in two-year stretches
Author: Jade Kim
Significant publishers are taking wildly different strategies to resolving the lamentations surrounding e-book lending at libraries: they’re experimenting with both the short-yet-cheap subscription as well as an expensive choice to pay just as soon as for reoccurring use. Yes, we’re now seeing the middle road. Macmillan prepares to run a pilot project in the first quarter of the year that will charge collections $ 25 per copy for an option of 1,200 back catalog Minotaur Books titles, but offer purchasers much better than typical financing rights for either 2 years or 52 loans, relying on the popularity. They’ll only have consent to provide to someone at a time for each copy, although Macmillan’s remarks to LibraryJournal leave the door open to altering terms need to the pilot struggle to get traction. As it stands, the strategy could be pricey for collections if they need to pay over and over once again for a seasonal favorite. It might, nevertheless, be palatable for those publication financing clothing already planning to go all-digital.
CommentsVia: Ars TechnicaSource: LibraryJournal
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Cisco Leaves The Consumer Networking Market After Selling Linksys Brand To Belkin
Author: Nancy Kennedy
It’s been a weird decade for Cisco. After being a dot-com darling in the late 90s (everyone wanted a few Cisco routers for their door-to-door pet food delivery services), the company tried its hand at consumer products with the Flip video camera series and, a little while later, Linksys routers. It seems, then, that Cisco’s grand consumer experiment is over.
The terms of the sale are undisclosed but it should close in March of this year. Belkin has been taking a harder look at networking hardware for the past few years while still maintaining their ties to the computer accessory market that defined the company for years. Their current crop of routers are aimed at home users so Linksys could give Belkin a bit of an edge in the home/small office market.
What’s more interesting, however, is where Cisco hopes to go now that the company has divested itself of all consumer products. Consumer electronics are a horrible business. The margins are low and demand fluctuates depending on what comes out of Cupertino or Redmond. In short, there’s very little incentive to sell hardware to consumers when they’re fickle, hungry for Zappos-esque “You screwed up so give me free stuff” support, and rarely, if ever, upgrade their PCs and peripherals. What electronics manufacturer wants to waste his time with consumers when IT clients sign a nice contract and pay on time?
But the consumer market is leading the IT market. The story in CE these days is BYOD – I get emails about it nearly every day – and IT managers used to dropping a few thousand on fleet laptops now have to contend with people bringing in iPads, Surfaces, MacBooks, and their own mini-routers. It’s a maddening situation, to be sure.
Big iron isn’t the watchword anymore. Buying a Cisco router for a small home office barely makes sense and, increasingly, it makes even less sense for a bigger office. That is not to say that IT infrastructure isn’t lucrative – it’s just not as lucrative.
Belkin should be able to do good things with Linksys. Cisco clearly couldn’t.
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Royal Institution considers selling its historic London home
Author: Margo Tipton
In the last few weeks, we have actually covered more than our reasonable share of realty information. Naturally, as cash gets tight, offering your inner-city headquarters helps to keep the lights on, however it’s not simply tech business who are feeling the pinch. The Royal Institution has announced it’s considering offering its London head office, the spot where 10 chemical aspects were discovered and Michael Faraday first demonstrated electrical power, in order to raise & pound; 60 million ($ 95 million) in cash. Maybe it’s time somebody provided Matthew Inman another phone call.
Declared under: AltCommentsVia: The GuardianSource: The Royal Institution
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Sony selling NY headquarters for $1.1 billion, will rent space from new owners
Author: Stefanie Jenkins
Despite losing a little less each quarter since Kazuo Hirai took over as CEO, Sony still appears to be looking for ways to cut the fat. Its latest move? Sell the house. Taking a page from Nokia’s book, Sony has announced that it has agreed to sell its New York headquarters building to a consortium led by The Chetrit Group. After settling its debts on the building, the $ 1.1 billion sale will net Sony about $ 685 million in operating income, potentially giving it the extra cashflow it needs to avoid a negative Q3 earnings report. According to Reuters, the firm may be planning a similar move in Tokyo, which could score Sony another $ 1.14 billion to balance its budget. Check out the company’s official announcement after the break.
[Image credit: Ian Muttoo, Flickr]
Sony Corporation of America Announces Sale of 550 Madison Avenue Building.
NEW YORK, Jan. 17, 2013 /PRNewswire/ — Sony Corporation of America (“SCA”), a wholly-owned subsidiary of Sony Corporation (“Sony”), today announced that it has entered into a contract to sell its U.S. headquarters building, located at 550 Madison Avenue in New York City, to a consortium led by The Chetrit Group, a New York-based owner of commercial properties in New York City and other major US real estate markets.
(Photo: http://photos.prnewswire.com/prnh/20130117/NY44753 )
The sale price is $ 1.1 billion, and it is expected that the transaction will close in March 2013. SCA and other Sony businesses (including Sony Music Entertainment, Sony/ATV Music Publishing and Sony Pictures Entertainment, among others) will remain in the building for up to three years under a leaseback arrangement with the purchaser.
After repaying debt related to the building and other transaction costs, it is expected that Sony will receive net cash proceeds of approximately $ 770 million. Sony expects to realize a gain on the sale of approximately $ 685 million to be recorded as operating income.
Sony is currently reevaluating its forecast of the consolidated financial results for the current fiscal year ending March 31, 2013 to take into account this sale and other factors that might affect such forecast.
Eastdil Secured advised Sony on this transaction.
1. Reasons for this sale
Sony is undertaking a range of initiatives to strengthen its financial foundation and business competitiveness and for future growth. At the same time, Sony is balancing cash inflows and outflows while working to improve its cash flow by carefully selecting investments, selling assets and strengthening control of working capital such as inventory. This sale is made as a part of such initiatives.
2. Summary of assets to be sold
Assets / Location Headquarters building of Sony Corporation of America
(at 550 Madison Avenue in New York City, the United States of America)
Selling Price $ 1.1 billion
Book Value Approximately $ 174 million
Gain on Sale Expected to be approximately $ 685 million
Current Status Headquarters of Sony Corporation of America
3. Summary of Sony Corporation of America
Trade name
Sony Corporation of America
Address of head office
550 Madison Avenue, New York, NY 10022, the United States
Name and title of representative
Michael Lynton, CEO
Business
Management of Sony Group’s businesses in the U.S.
Stated capital
$ 11,316.7 million
4. Summary of Buyer
Trade name
550 Madison Fifth LLC
Address of head office
c/o The Chetrit Group, LLC, 512 Seventh Avenue, New York, NY 10018, the United States
Contact Information
c/o The Chetrit Group, LLC, attention: Jacob Chetrit
Purpose of incorporation
Special purpose entity to own real estate
Jurisdiction over incorporation
A limited liability company established under the law of the State of Delaware
Date of incorporation
January 15, 2013
Summary of investors
A consortium led by The Chetrit Group, a New York-based owner of commercial properties of various property types in New York City and other major US real estate markets
Relationship with Sony
Corporation
Capital relationship
Sony is not an investor in the Buyer. There is no capital relationship between the Buyer and Sony required to be referred to herein. There is no capital relationship between affiliates of the Buyer and Sony required to be referred to herein.
Personnel relationship
There is no personnel relationship between the Buyer and Sony required to be referred to herein. There is no personnel relationship between affiliates of the Buyer and Sony required to be referred to herein.
Transaction relationship
There is no transaction relationship between the Buyer and Sony required to be referred to herein. There is no transaction relationship between affiliates of the Buyer and Sony required to be referred to herein.
Status as a related party
Neither the Buyer nor its affiliates are deemed to be a related party of Sony.
Via: Reuters
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Apple now selling refurbished 15-inch MacBook Pro with Retina display beginning at $1,869
Author: James Cliff
We can’t state we’re precisely shocked to see Apple’s next-generation MacBook Pro show up on the company’s “Certified Refurbished” online shop– still, it’s great updates for folks looking to conserve a little bit of cash while getting a taste of Retina MBP straight from the source. Currently, Apple is only providing the 15-inch design (with a 2.3 GHz, quad-core i7 CPU, 8GB RAM and 256GB SSD) for $ 1,869, making it about $ 330 less than its non-refurbished equivalent– obviously, that exceptional cost additionally consists of the accustomed one-year maker’s guarantee, which is a good protection blanket to have when shelling out this much capital. As is generally the case with Cupertino’s renewed products, though, supplies may be somewhat minimal, so now could possibly be a terrific time to leap on the MacBook Pro with Retina display bandwagon.
Declared under: Laptop computers, AppleCommentsVia: 9to5MacSource: Apple
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Tags: $1869, 15inch, Apple, beginning, display, MacBook, refurbished, Retina, selling | 
No Comments »Selling out in style: indie developers make ‘advergames’ cool
Author: Jon Daniels
2 of the most interesting games released over the past couple of weeks were also two of the strangest. One was a dubstep-infused journey down memory lane, while the other starred a 90s basketball star and a speaking bear in a sweater. Both were created by remarkable designers, and both are quite enjoyable to play, with straightforward mechanics and retro sensibilities. They also have one various other crucial component in common: they’re advertisements.
Old Spice’s Dikembe Mutombo’s 4 1/2 Weeks to Save the Globe is a curious beast. It’s a joint effort between advertising firm Wieden + Kennedy, Powerhouse Animations, interactive studio Driftlab, and a group of indie designers lead by Canabalt creator Adam Saltsman. The whole project is essentially a strange game jam, where new …
