Opinion: It’s time for Sony to consider a Vita price cut

A rapid price cut helped Nintendo save its 3DS handheld, and maybe it’s time for Sony to do the same with its PlayStation Vita, says Gamasutra editor-at-large Chris Morris.

I feel bad for Kaz Hirai.

The new CEO of Sony has plenty on his plate these days. He recently announced plans to cut 10,000 jobs. He has the mighty task of reviving Sony’s once-powerful brand name. And he’s doing all of this as angry investors and skeptical analysts watch critically from the sidelines.

How Kickstarter is changing gaming

When Double Fine Entertainment launched its crowd-sourced video game experiment on Kickstarter in early February, it was anything but a sure bet. While the funding platform had boasted a number of successfully funded projects, it had yet to chalk up any victories on the big stage.

By now, of course, everyone knows how that story ended. The developer, which had hoped to raise $400,000 to create an adventure game, took in more than $3.3 million. That opened the dam, and it wasn’t long before Kickstarter was flooded with game projects, many from well-known industry names.

Read more at Yahoo! Games

Risky Business, Even in Pot-Friendly States

Whether the grower is licensed or not, pot is still a risky business in states that have approved its use for medicinal purposes.

Take California. While the state has had medical marijuana dispensaries for more than 15 years, it remains a target for federal law enforcement officials, where the U.S. Drug Enforcement Administration arrested nearly 8,500 people for marijuana-related offenses between 2004 and 2010.

Read more at CNBC.com

‘Jacked’ goes behind the scenes of gaming’s biggest scandal

It’s been seven years since the words “Hot Coffee” changed the video game world, but they still make developers wince.

The Grand Theft Auto: San Andreas mod, discovered by enthusiasts, unlocked a playable, interactive mini-game where the game’s lead character has sex with his girlfriend. And it opened a Pandora’s Box of controversy when it was exposed.

Read more at Yahoo! Games

New Jersey Gets Ready to Roll

More than two years after New Jersey approved a measure to legalize marijuana for chronically ill patients, the program may finally be on the verge of rolling out.

Officials say sales of the drug could be available by mid-summer. That date comes with a few caveats, though, and it’s a lot later than the initial estimate of September 2010. Repeated setbacks have frustrated both patients and companies that hope to sell medical marijuana.

Read more at CNBC.com

Where There’s Smoke, There’s Fire

When federal officials raided a San Francisco Bay-area medical marijuana training school in April, it sparked outrage among supporters of the program and ruffled feathers of local officials.

The shutdown of Oaksterdam University, though, was yet another in an ongoing dispute between federal and local officials on the topic of legalized marijuana. It’s one that has been escalating over the past year — but so far discussions between the state and feds have been rare.

Read more at CNBC.com

Analysis: Is Zynga’s spending out of control?

Zynga raised eyebrows with its $210 million acquisition of OMGPOP, and CEO Mark Pincus said there’s more high-dollar buyouts to come. Gamasutra editor-at-large Chris Morris examines the spending frenzy.

Just under a month ago, the games world gasped when Zynga spent $180 million for Draw Something developer OMGPOP (plus a reported $30 million in employee retention payments). While the game was dominating the app store charts, that was still a shocking amount for a company with just one hit.

It turns out, though, that may have been just the beginning. In an interview with Bloomberg this week, Zynga CEO Mark Pincus said he’s hoping to do “a few” more deals for that amount or higher. And that’s when the klaxons in people’s heads should have started sounding.

Read more at Gamasutra