Nintendo President Satoru Iwata’s Job At Risk?

The news that Nintendo will lose money this fiscal year for the first time in its history as a publicly traded company wasn’t entirely unexpected, but that didn’t make it any less shocking.

It was a rapid fall from the top of the gaming hill for the company, hastened by weak sales of the Wii and DS and the tepid reception to the 3DS. Investors weren’t happy, raising some questions about whether president Satoru Iwata’s job might be at risk.

Read more at Industry Gamers

Nintendo ramps up video streaming

Nintendo, which shied away from offering multimedia devices until long after its competitors, is getting more serious about video streaming.

The company has announced that its 3DS handheld system and the Wii will add Hulu Plus to their options before the end of the year. (No exact date was announced.)

Read more at Variety’s Technotainment blog

Nintendo, D’Works, 3Net pact for 3D fare

Nintendo is turning to Hollywood to help bolster the 3D content for its 3DS handheld gaming system.

The game maker has announced partnerships with DreamWorks Animation for a pair of timed-exclusive digital shorts as well as with 3net, the joint venture between Discovery, Sony and Imax. Content from both studios became available this morning.

Read more at Daily Variety

Game Review: Asphalt 3D

The Asphalt series rarely brings something new to driving games, but it’s never patently bad. This installment is a fun, but flawed, arcade racing game that leans a bit more to the action side of the scale with ridiculously high speeds and overdramatized wrecks. If you’re looking for a Burnout-style game for the 3DS, this isn’t a bad choice. There’s a good variety of tracks, and gearheads will enjoy the collection of licensed real world cars. Just don’t expect any sort of realism when you fire the game up.

Read more at Common Sense Media

3D may be hurting the Nintendo 3DS

The Nintendo 3DS’ biggest selling point may be its biggest weakness.

A study unveiled earlier this week at the Variety-sponsored 3D Gaming Summit earlier this week finds that 28 percent of the system’s owners feel the use of 3D actually hurts gameplay.

Read more at Variety’s Technotainment blog

Nintendo plans big 3DS push for November

While rumors of a redesigned 3DS didn’t pan out, Nintendo had plenty to say about the future of its latest handheld system at a pre-Tokyo Game Show press conference on Tuesday.

The Kyoto-based company is going all-in with the 3DS this November and early December, offering a system update that will add several new features (including video recording) as well as two major titles to help boost holiday sales. But analysts still think the company will fall short of its goals.

Read more at Yahoo! Games