Sony Coporation is facing its biggest financial loss in 16 years, due mainly to the Great East Japan Earthquake which struck this March. FULL STORY >

Sony starts restoring its PlayStation Network services around the globe, with services going online region by region. FULL STORY >

A leaked poster from an Australian retailer claims that the latest game in the CoD franchise, Modern Warfare 3, will be coming out this November. FULL STORY >

In part two of this week's gaming news round-up: Diablo III beta on the way, Diablo III followers unveiled and new Tekken CGI movie in the works. FULL STORY >

Dimension Data refreshes its branding and also renames its Asian subsidiary. FULL STORY >

Sony's PlayStation Network and SOE services remain offline as the company scrambles to patch a number of security holes. FULL STORY >

GPU maker Nvidia plans to improve its position in the expanding mobile market by purchasing a baseband and RF technology company Icera. FULL STORY >

YouTube founders Chad Hurley and Steve Chen purchase two tech companies in as many weeks, with the latest purchase being Tap11.com. FULL STORY >

As Sony's PlayStation Network remained down over the weekend, the company promises two free games to help compensate disgruntled users. FULL STORY >

Incredible Connection launches a partnership with GoNetReady to supply affordable website solutions to the masses. FULL STORY >

We check our ammo as we prepare to enter combat in the unrelentingly realistic world of Operation Flashpoint: Red River. FULL STORY >

In this week's gaming news round-up we rejoice as the next Assassin's Creed game is announced, check back on the PSN, and wonder at the scope of L.A. Noire. FULL STORY >

The iPhone and iPod maker Apple makes a iOS update available to users of its devices in response to the location tracking saga. FULL STORY >

Western Digital's Elements External HDD comes into the storage spotlight, sporting plenty of storage space for your multimedia files. FULL STORY >

Xbox Nations sees Xbox LIVE members from around the globe setting a new Guinness World Record. FULL STORY >