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Nintendo Network will allow microtransactions

While Nintendo promises not to engage in microtransactions, the company won't block third-parties from doing the same on their platform. "We have no intention to decline it," Nintendo's Satoru Iwata said.

Nintendo 3DS hardware to be profitable this year

Nintendo has been selling the 3DS at a loss, but that's expected to change in the next fiscal year. "In the first half of the next fiscal term, we are now anticipating to get out of the situation that we sell the hardware below cost."

'Skylanders Giants' domains registered

Six new domains with the nomenclature "Skylanders Giants" have been registered by a brand protection service commonly used by Activision, teasing a possible Skylanders sequel.

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