From the category archives:

Business – Developers

Online electronics stores hit for fraud

by admin on August 11, 2009

Why you want to do business with reputable suppliers is illustrated by this story from the Better Business Bureau.

New York Attorney General Andrew M. Cuomo made settlement agreements in June 2009 with seven online electronics stores located in New York for engaging in illegal and fraudulent business practices that scammed consumers.

“These companies engaged in the worst kinds of consumer fraud, from classic bait-and-switch schemes to blatant lies and bullying sales tactics,” said Attorney General Cuomo. “Today’s agreements will protect consumers nationwide from these types of predatory online merchants, as well as deliver much-needed restitution to hundreds of individuals who fell victim to these illegal practices. Let this be a message to online merchants everywhere: such abuse of consumers and violation of the law will not be tolerated.”

How the scams worked: the article explains

“Attorney General Cuomo’s investigation revealed that these seven companies would advertise consumer electronics, such as cameras, camcorders, projectors, and related accessories online at prices significantly lower than their competitors to induce consumers to place orders via the internet. Once an order was placed, the companies would call consumers and try to sell them additional or “upgraded” merchandise at inflated prices. If the consumer refused to purchase the additional merchandise, the companies would cancel the sale or claim the item was backordered for months. If the consumer did agree to purchase the additional merchandise, the companies would send them lower quality merchandise than what was promised, or merchandise that the consumer never ordered in the first place. When customers tried to return the items, they would either be denied or be slammed with undisclosed fees.”

The companies also used fake testimonials, and astroturfing. Here are the company names:

“Under the agreements secured today by Cuomo, two of the companies, Camera Wiz and Sonic Cameras, will dissolve completely. The following five companies will completely revamp their business practices and be subject to ongoing monitoring: Best Price Camera, Foto Connection, 1 Way Photo, 86th Street Photo and Broadway Photo, LLC.”

To read the full article, visit the BBB website.

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Nintendo, Sony Take Big Financial Hits

by admin on August 2, 2009

Game news from Slashdot
The Installer writes with news that Nintendo is seeing a significant financial downturn to match the general slowdown in the rest of the industry. “Sales of the once unstoppable Wii console have tumbled for the first time since its launch three years ago, sending the gaming giant’s quarterly profit down 61 percent.” Meanwhile, Sony is feeling the pain as well; the company sold 500,000 fewer PS3 consoles than in the previous quarter, and PSP sales saw an even bigger drop. Interestingly, Sony also revealed that the manufacturing cost of the PS3 has now dropped 70% since it was released. The drop in sales has caused the resurgence of rumors about console price cuts.

Read more of this story at Slashdot.



By Soulskill

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Business – Epic Games

by Lloyd23 on October 24, 2008

Rumor: Legendary Pictures Possible Acquisition of Epic Games

Rumors have arisen once again for game giant Epic Games. The game development company is famous for its top selling Gears of War which is in the process of being made into a full length motion picture.

The company that has partnered with Epic, Legendary Pictures is also the company rumored to be negotiating with the company for possible acquisition. This information is based on an article posted Friday October 24, 2008 by WRAL Local Tech Wire. According to the article executives from both companies denied comment and no mention of the rumor is to be found on Epic’s website.

Epic is located in Cary, North Carolina, a great town between Raleigh and Chapel Hill. Programmers and artists might like to know that the Epic website has a page about jobs for Xbox and next-gen PC development teams. They like C++ (doesn’t everybody?).

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Nintendo Plans for a Strong Future

August 5, 2008

Monday August 4, 2008 the Wall Street Journal featured an interview with Nintendo President Satoru Iwata. Iwata discussed the future of Nintendo as well as some of the Wii accessories that we can expect to see in stores soon. The two accessories unveiled by Nintendo this month are: the Wii Motion Plus and the Wii [...]

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Demographics of Today’s Gamers

July 25, 2008

Women are making an increasing appearance in the gaming arena. Wii and interactive PC games respond to the niche created by gaming women. Nintendo Wii is among the first systems to implement programming specifically to target the older, non-gaming and female audiences. Wii creators have realized their explosion into a larger demographic, but is everyone [...]

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