Posts tagged virtual-goods 
South Korea banning trade of in-game items
South Korea's Ministry of Culture, Sports and Tourism will enact a ban on commercial trading of in-game items starting next month, the Korea Times reports. Like the online gaming curfew, this move is aimed at reclaiming students' time for non-game-related activities. The ban specifically targets th...
Zynga shutting down Street Racing game, offering credit for in-game purchases
Casual giant Zynga is shutting down its Street Racing game on August 2, immediately rendering void all the in-game items players bought with real money. Zynga offered no explanation in the announcement, simply suggesting that players try other Zynga games. Naturally, people whose fake worlds have cr...
Game Center sparks light reactions from competing iPhone social network devs
Yesterday, Apple announced Game Center, a social gaming service for iPhone. Pretty much everyone with an iPhone has reason to be delighted with this development, except for companies like OpenFeint and ngmoco, which already operate social network gaming services for iPhone in OpenFeint and Plus+,...
Man buys virtual space station for 330k real dollars
Welcome back to Joystiq's Flip This House, finding you the best deals in gaming real estate! This week, we're looking at a doozy of a fixer-upper: it's a beautiful space station called the Crystal Palace, with multiple fine amenities, including four bio-domes (full of alien species to hunt), Trade ...
