Online console gaming is the status quo, but nothing will ever usurp the joys of throwing your controller in disgust, cursing, and punching your friends in the arm during couch multiplayer. Sony has a magical, magical reinvention of offline competition.
Things are looking bleak for Philips, which is, or perhaps was, Europe's largest consumer electronics maker. Citing rising costs, internal restructuring pain and an 85 per cent profit collapse in Q3, it's just announced plans to cut 4,500 staff. [Guardian]