Last month, Tony Hawk: Shread developer Robomodo was hit with a wave of layoffs, reportedly letting go up to 60 employees. In the same fell swoop, it was revealed that Activision's eleven-year-old franchise would no longer be helmed by the slimmer team at Robomodo.

Today, Tony Hawk news isn't getting any less grim as investment firm Cowen and Company--speaking with GamesIndustry.biz--revealed that Tony Hawk: Shred sold 3,000 copies in the United States within its first week of availability. Read more »

During its Tokyo Game Show 2010 media briefing, Microsoft's Phil Spencer revealed that in just one day of sales, Halo: Reach generated $200 million.

According to Spencer, the total makes Halo: Reach the fastest selling title of 2010; however, the Microsoft exec also confirmed Reach outsold Microsoft's previous first-party record-holder Halo 3. This, Spencer says, puts Reach at the top of all single-day totals for entertainment, including movies, for the year. Read more »