NBCUNIVERSAL PUTS AN END TO G4 CHANNEL

NBCUniversal has decided to take G4 off the air for good.

According to a statement that NBCUniversal Cable sent to the remaining providers still carrying the G4 channel, the company announced that the network will come to an end

YouTube Video Distributor For PewDiePie And Other Popular Gaming Channels Purchased By Disney

The distributor of popular YouTube gaming personality videos like PewDiePie and TotalBiscuit, among many others, has been purchased by Disney for $500 million.

Minecraft on Oculus Canceled

Mojang's Markus Persson has canceled an Oculus-compatible version of Minecraftfollowing Facebook's acquisition of the VR company.

"We were in talks about maybe bringing a version of Minecraft to Oculus," Persson said. "I just cancelled that deal. Facebook creeps me out."

Perhaps we'll see a VR version of Minecraft for Sony's PS4 Project Morpheus VRdevice, or any upcoming Microsoft VR initiative. An existing mod allows players to use Oculus Rift with Minecraft, however.

Source IGN

Facebook buys Oculus Rift company in a massive deal worth an estimated $2 billion

Social network Behemoth Facebook has acquired Oculus Rift developer Oculus VR in a massive deal worth an estimated $2 billion. Facebook founder Mark Zuckerberg announced the news today on, you guessed it, Facebook. You can read his full note below.

Nvidia Announces 5K-Ready GeForce GTX Titan Z

Oh, you were excited about 4K resolutions? Well, too bad, because Nvidia is already talking about graphics cards that run games in 5K resolution. During a presentation at the GPU Technology Conference, Nvidia announced the new dual-GPU GeForce GTX Titan Z. And yes, it's incredibly expensive.

Ubisoft Officially Unveils Assassin's Creed Unity Footage

Earlier this week, a number of details leaked online about a new installment of the Assassin's Creed franchise with the subtitle Unity taking place during the French Revolution. Ubisoft has confirmed the game's existence, and released some teaser footage showing the game in motion.

Sony announces PlayStation virtual reality initiative Project Morpheus

BREAKING--Today during an "innovation" presentation at the 2014 Game Developers Conference in San Francisco, Sony officially announced a a virtual reality initiative, which the company hopes will "push the game industry forward."

Sony president of Worldwide Studios Shuhei Yoshida said, "Nothing elevates the level of immersion better than VR."

Sony has been exploring virtual reality technology for more than three years, even enlisting the help of God of War studio Sony Santa Monica to create multiple prototypes, Yoshida said. One prototype even allowed the user to become Kratos.

Early prototypes used Sony's own HMZ head-mounted display in conjunction with PlayStation Move controllers.

Source Gamespot.com