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Brock Pierce, CEO of the holding company that used to own IGE, says the margins for virtual goods are shrinking rapidly, due in large part to Chinese competition.
According to a blogged report, the WoW fan site Wowhead has been sold to IGE parent Affinity Media.
The World of Warcraft publisher is suing a gold-selling operation in federal court, demanding that the outfit stop in-world spamming efforts.
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Virtual goods have a place in gaming, and developing countries may well gain from them, but there are risks associated with trading virtual gold--including destroying the game experience.
Paramount is dropping sounds out of your movies to prevent piracy; Canadian customs guards might be rifling through your laptop for ripped CDs; and aliens are real.