Xbox exec not buying into 3D gaming

Although the PlayStation 3 and 3D technology may be BFFs, Microsoft is not yet ready to push the new tech just yet, says Digital Trends.

In an interview with CNN, Phil Spencer, corporate VP for Microsoft Game Studios, made it clear that Xbox 360 is in no rush to push out 3D games.

“As an entertainment company, we're trying to do things that millions of people can go enjoy today,” Spencer told CNN. “And for better or for worse, people just don't really have TVs in their house right now that are going to do 3D in a way that's going to work.”

A day after Electronic Arts (EA) announced it bought iPhone game publisher Chillingo, Intel Capital and Chinese online gaming company The9 said they have invested a combined $8 million in Aurora Feint, states Los Angeles Times.

Aurora Feint is a company in Burlingame that helps players find friends, explore new games and post achievements. Aurora Feint compares its mobile social gaming service to Microsoft's Xbox Live, but for games played on Apple's iPhones and iPads, as well as cell phones and tablets that run Google's Android operating system. The company has more than 3 400 games played by more than 45 million people in its service, called OpenFeint.

“Over the past few years, interest in mobile gaming has exploded, creating a huge market opportunity to deliver these games to the one billion plus mobile device users worldwide,” Mike Buckley, managing director of Intel Capital, said in a statement.

Facebook users play games on the social network for a massive 927 million collective hours per month, according to estimates from All Facebook, reports CGV.

Detailing some of Facebook's most impressive gaming statistics, the site suggests that 50% of all Facebook log-ins are to play games.

Of the 265 million gamers on Facebook, 69% are women, 19% say that they are addicted, and 20% have paid cash for "in-game benefits".