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.
The World of Warcraft publisher is suing a gold-selling operation in federal court, demanding that the outfit stop in-world spamming efforts.
According to a blogged report, the WoW fan site Wowhead has been sold to IGE parent Affinity Media.
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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.