Microsoft’s big gaming gamble is finally paying off

Despite its commercial appeal, the Xbox gaming console has historically been notoriously unprofitable for Microsoft. But according to the company’s latest earnings report, Microsoft’s gaming division has finally started to earn its keep. Has the tide finally turned for the gaming console market?

PlayStation 3, Now With DivX Support

DivX, the video codec company, says that its video format can be used to play back videos on Sony PlayStation 3. In order to watch videos on PS3, you will have to upgrade to version 2.10, available today. DivX CEO Kevin Hell had previously told us that PS3 would be the first of many gaming systems that will support playback of DivX video. Our resident hardware guru, Don Reisinger, is not entirely sold on the idea of video playback via gaming consoles.