"Halo: Reach" videogame invasion begins

Microsoft said Thursday that its "Halo: Reach" videogame for the Xbox 360 console notched up 200 million dollars in sales in the United States and Europe on the first day of its release."'Halo: Reach' is the biggest game Microsoft has ever released, and its launch has already surpassed every game, movie and entertainment launch this year," said Phil Spencer, corporate vice president of Microsoft Game Studios.

By Chris Katje: Majesco Entertainment (COOL), the small video game company behind the Zumba Fitness video game franchise, reported some details of its newest offering coming in 2012. NBA Baller Beats will be released by Majesco Entertainment and HB Studios.

By Nick Pollari:The blockbuster shooter franchise, "Call of Duty," is no stranger in the minds of the Activision (ATVI) faithful and has always been one of their strongest product lines.

By Nick Pollari:The blockbuster shooter franchise, "Call of Duty," is no stranger in the minds of the Activision (ATVI) faithful and has always been one of their strongest product lines.

When Microsoft first launched Xbox it was considered an epic failure that cost the company billions of dollars. Yesterday, Microsoft execs released a bunch of stats on just how big a business Xbox has become.

Game consoles and tablets have been flying off the shelves. So have guns. Unsurprisingly, plenty of shoppers purchased clothes over Black Friday weekend. Clothing was the most popular item named in a National Retail Federation survey, with 58% of consumers indicating that they bought clothes and/or accessories in recent days. According to data from IBIS World, clothing will be the season’s largest gift category, as it usually is.