Fri, Jul 29, 2011 | 09:32 BST

BULLETCAST, July 29 – What you need to know now

We didn’t do this yesterday because we had staff issues and there was a Japanese news avalanche first thing in the morning. Complete and total failure. We will never forgive ourselves. Get all the major headlines from the last 24 hours in text and video form below.

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Nintendo released Q1 financials yesterday morning, showing halved sales, consistent losses and shocking 3DS though-put. 3DS received a huge global price-cut as a result. Read Rob Fahey’s opinion on what it all means here.
Nintendo’s stock fell over 20 percent on the news.
Analysts have been quick to point to Vita’s price-point as a reason for the 3DS slash.
Sony’s Q1 showed corporation losses and slowing PS3 sales. The annual estimate for the console didn’t change, though.
Carbine’s teased a gamescom reveal. There’s an NCsoft logo on the developer’s website.
Xbox Live’s up to 35 million members, Microsoft said in the UK yesterday.
Namco Bandai’s confirmed its gamescom line-up, headlined by Dark Souls, the publisher’s golden ticket for 2011.
Samsung’s manufacturing PS Vita’s CPU.
Konami’s partnered with Ingition to bring El Shaddai: Ascension of the Metatron to PAL territories.
Square’s released yet another Deus Ex trailer, this one looking at the game’s RPG elements. In other Deus Ex news, GameStop’s going to be selling the game as a download code in-store.
Crytek’s working on a new shooter IP. The news was gleaned from CVs.
Wedbush Morgan analyst Michael Pachter has said his recent comments on the Team Bondi crunch crisis were taken “out of context”.
PES 12 is releasing on October 14.
The CoD: Black Ops Annihilation map pack has now released on PS3 and PC.
3DS and Everyone’s Rhythm Heaven topped the Japanese charts last week.
50 percent of all US Netflix usage is via console.
British police have arrested a teenage in relation to LulzSec.