Reuters Japan is reporting a HUGE loss for the quarter for Nintendo.

Read more about it below:

Nintendo Qrtr. Profits Sink News Story From 1UP.COM

Sony Communication Network launched a Web portal today through which owners of the PSP can download video clips.

The site offers at launch a small selection of movie previews, animated cartoons, entertainment, digests of TV dramas, music, lifestyle programming, and sports. Content is initially available at no cost.

The service is currently available to anyone with a user ID and password for SCN's So-Net portal. Users can sign up on the Portable TV home page, and membership is not restricted by geography or nationality, although the service and sign-up is available only in Japanese, said Yoshio Takushima, chief of SCN's mobile TV service group.

Launch of the site coincides with the release of a software update for the PSP that adds features required for the service. These new features include a Web browser and support for the MPEG4 AVC video codec and AAC audio codec in which the clips are encoded. The downloaded video files require a Memory Stick Duo memory card for storage.

Two Ways to Use

Users will be able to access and download clips in two ways, said Takushima at a Tokyo news conference.

The first way is directly from the PSP using the newly added Web browser and the wireless LAN adapter, he said.

The second option is to download via PC. With this method the PSP needs to be attached to the PC via a USB cable so that the file can be written directly onto the PSP's Memory Stick. As protection against piracy, the video is not stored on the PC.

When the paid service starts, users will be required to provide credit card details, and SCN hasn't yet decided if it will restrict the purchase of premium content to only those with a Japanese card.

The Motley Fool is reporting that pretty soon you will be able to not only watch cartoons on your GBA, but also full length movies.

The company which developed the technology now has the rights to distribute Shrek and Shark Tales to name just a couple of the soon to be released title.

Of course, it will be interesting to see how this compares to something like, oh say the PSP's video?

For those who have an Xbox but just hate Microsoft, maybe you'll like this - a FreeBSD port to the Xbox. Everything works, except the ethernet connection. Although I'd expect that soon.

Check it out here.

We told you a while back how there had been a Japanese release of firmware with a web browser, but we had no idea when it would hit the US if ever.

Turns out that doesn't matter anymore. It's been tested and works on US PSP's

Check out how to do it here.

We've seen this one coming for a while, but it's now confirmed. A New York company called Massive has been working on an ad delivery platform which will serve video ads inside your favorite online games.

Up until now, ads have been static - like billboards - but the company has spent the past year perfecting its video ad delivery system.

They caused a stir a year ago when they started offering the static ads.

"These ads are particularly suitable for Hollywood studios wanting to promote movies a week before their release date or retailers promoting holiday sales", Massive Chief Executive Mitchell Davis says. He says Massive has sold space to 35 advertisers, including Paramount Pictures.

Too bad they don't lower the price on some of these games now that we have to put up with ads now.

I got this from Yahoo news today:

"Microsoft showed in Tokyo on Monday some of the latest previews of games being worked on for its
Xbox 360 console. The Xbox 360 is scheduled to launch in Japan, North America, and Europe before the end of this year.
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"Tecmo is also producing "Dead or Alive 4" and "Dead or Alive Code: Cronus" for the Xbox 360 and demonstrated the former of the two titles at Monday's event.

We found a couple keyboard hacks if you really wanted to add a keyboard to your DS or PSP.

You can find the DS Hack here.

And the PSP Keyboard Hack here.

Sony officials Thursday said the company will release a software upgrade that will let the PSP surf the Web without a cumbersome software trick.

The free software patch will be available next week in Japan, said Ken Kutaragi, chief executive of Sony Corp.'s game unit.

Up until now, without a homebrew patch, the only way to surf has been to modify a limited browsing feature in the racing game "Wipeout Pure."

No mention on if/when the patch will be available elsewhere.

What could be better than a PSP? taking your gaming with you.

How about a huge chair mounted on a steel frame, pointed at a giant screen and surrounded by booming speakers?

Want a bigger pic? Check this out.

Gamerlounge has reported that Sega showed off a beta test in Tokyo for House of the Dead 4 which was reportedly run on an Xbox 360.

If this is the case, don't be surprised to see even more popular Sega titles begin to appear on the Xbox on the coming years.

You can read more about it here.

The next time someone tells you you better "shut that thing off or I'm going to throw it out the window." Tell them that your keeping yourself healthy.

An article published in the British Medical journal (BMJ) found that playing games "can distract the player from the sensation of pain, a strategy that has been reported and evaluated among paediatric patients".

"Such games focus attention away from potential discomfort and, unlike more traditional therapeutic activities, they do not rely on passive movements and sometimes painful manipulation of the limbs,"

So, to avoid painful limb manipulation, play on!

Microsoft said today that it entered an exclusive licensing deal with Marvel Enterprises Inc. to use the comic book company's super hero characters in online multiplayer games for its Xbox system.

No details of the deal were disclosed, nor which characters would be used, however Marvel owns the rights to thousands of comic book characters including Spider-Man, X-Men, Daredevil and the Hulk.

I can just imagine it now - marvel universe online. Could be a great game as long as its done right.

from Gizmodo:

"First they kill the HD, then they kill the router. The PS3 was originally supposed to have three Ethernet ports “for the kids” but Sony has pulled the ports in hopes of reducing the already expensive device.

See, it’s not really about game consoles anymore. These things are supposed to be “home entertainment centers” with downloadable content, video playback, and other cool stuff. By stripping pieces of the PS3 over time, Sony is scaring away the less hardcore market who might consider buying an XBox 360 for DVR/Media Center features. However, Sony can do whatever it wants: the die-hard gamers will still buy the PS3 and turn Blu-Ray into a new standard. "

couple quick links for you today:

A DVD hack for an NES from gizmodo.

And, Nintendo has been slashdotted! Announcing a wi-fi router for the Revolution and DS.

Another day, another PSP hack. The madmen at PSPUpdates.com posted PVNC v1.1, a VNC client for the PSP that allows you to connect to and control other computers running a VNC server. The program recreates the desktop of a remote computer on your PSP screen, a boon for the busy sysadmin who doesn’t want to leave the toilet stall where he/she is playing Lumines to check on a server.

In related news, they’ve also created a nice FTP client for downloading non-pirated ISOs. Non-pirated. Remember that.

Winsupersite has a great, long interview with a member of the 360 team.

You can read all about it here.

Sega has announced that it plans to partner with Secret Level, a San Francisco-based development studio, to recreate classic Sega games for the other consoles.

You can read more about it here.

Theres a new patch available to ensure this happens without a separate boot loader.

Find out more here.