virtual goods

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Record $330K Paid for Virtual Space Station

Online game player is confident his investment will pay off

(Newser) - The virtual Entropia Universe—Planet Calypso, in particular—might be entering a real estate boom with the recent purchase of the Crystal Palace space station for $330,000, a record for a virtual item. That’s right: A player who goes by Buzz “Erik” Lightyear paid the sum for... More »

Facebook Sees Big Bucks in Virtual Goods

Social networking site wants a cut of gaming transactions

(Newser) - Gaming is blowing up on Facebook, and the social networking site hopes to take a cut of the very real revenue generated by virtual interactions. Analysts think credits and other services bought to enhance the likes of “Farmville” and “Mafia Wars” will be trading at a clip of... More »

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