Sony could lose over US$1 billion on Playstation 3 in its first year, according to a report by Merrill Lynch Japan. Can they afford to go toe-to-toe with cash-rich Microsoft?

Bill Gates confirms that there might be further revisions of the 360 that support HD-DVD.

Bizarre Creations have launched the official Project Gotham Racing 3 website, with four impressive engine-note samples to download

The Xbox 360 is going to cost $299 at launch, according to analysts. Expect Europe to get done over, again.

The head of the Microsoft Xbox 360 team talks about pricepoint, Halo, and the awesomeness of wireless controllers.

Anandtech has some decent pictures of the Xbox 360 controller, as well as a look at the actual hardware and chassis design. Xbox Live also gets a hands-on evaluation.

Xbox games will need to be 'recompiled' for the 360. E3 demos of the unit appear to still be using the Apple G5 development kits.

XBOX 360 owners will have plenty of games to keep them happy when the console goes on sale, according to reports

With NDAs expiring and MTVs blaring, the world's media have gone berserk with coverage of Microsoft's Xbox 360 launch.