Within months of Viacom’s November decision to get rid of its money-losing unit behind the “Rock Band” video games, Activision Blizzard said last week that it is axing “Guitar Hero”, which was once one of the most successful selling video games of the new century.

Despite the fact that the “Call of Duty: Black Ops” title is being deemed the biggest entertainment release of the year, the PlayStation edition of the game continues to be plagued by some issues that hamper the gaming experience of the console’s users.

The November 9-released video game, “Call of Duty: Black Ops” from Activision, has been on a record-shattering spree – having set new first-day and five-day worldwide video game sales records.

In a Thursday statement, Activision Blizzard said that its new video game, the November 9-released “Call of Duty: Black Ops,” has set a new first-day sales record – with the sales of 5.6 million copies of the game in the US and the UK generating a whopping $360 million, within the first 24 hours of its launch.

Activision Blizzard’s conference call, reporting the results for the 2009 fourth quarter, witnessed a much-awaited announcement: that the closed beta of its new game ‘StarCraft 2’ will begin some time this month.

After his sudden and unexpected stepping down as the president of Activision Blizzard’s ‘Guitar Hero’ franchise on Tuesday, Dan Rosensweig has taken over as the CEO of Chegg Inc – a Santa Clara, California-based online textbook rental company.

Activision Blizzard, the Santa Monica-based publisher of the blockbuster video game 'Call of Duty: Modern Warfare 2', said in a January 13 announcement that its internal estimates have revealed that the worldwide retail sales of the November-launched game has surpassed the enviable $1 billion mark.

In a recent announcement, Activision Blizzard has said that its internal statistics, together with independent tracking sources, have revealed that its 'Call of Duty' franchise has crossed the $3 billion mark in retail sales.

Plugging "one of the biggest leaks" in software piracy this year, online investigation firm IPCybercrime has been able to pin down an eighteen-year-old person named Christian Del Amo, for allegedly attempting to sell pirated copies of Activision Blizzard's forthcoming game, Modern Warfare 2, which is scheduled for an official release on November 10.

Activision Blizzard Inc., producer of videogames posted on Wednesday better-than-expected earnings for the second quarter, helped by releases such as "World of Warcraft" and "Prototype".

Activision reported a profit worth $195 million or 15 cents per share, much greater than $28 million or 5 cents per share in the previous year.