Fraudster steals 400bn gaming chips

An IT expert is facing jail after he admitted hacking into a multi-million-dollar online company and stealing 400 billion chips, worth over $12 million, states Small World News Service.

Fraudster Ashley Mitchell, 29, posed as an administrator and hacked into American poker company, Zynga Corporation, and siphoned huge volumes of gaming chips.

He then transferred the electronic chips into fake Facebook accounts he set up before selling them online for vastly reduced prices.

Sony PlayStation customers will be able to save their games in the cloud - a simple but savvy move, and one that other companies will soon emulate, says B Net.

This development is expected to have the biggest impact on the mobile world, where devices (and game saves) are much more vulnerable to all sorts of hazards.

The personalised details of a user's game, like game progress and statistics, are traditionally saved on the local hardware like the hard drive.

OnLive has now unveiled its PlayPack subscription service introduced in December, where users can play for an unlimited time, picking from 38 titles, writes Electronista.

They are different from the stand-alone game offerings, which tend to be newer and more popular titles. OnLive is offering a free trial month of the service, and the company promises to add more titles as time goes on.

Users can save games, with the files retained for up to one year after they stop subscribing.