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Facebook and Twitter Now on Xbox 360

Update 2: Sony's Playstation 3 is also Now integrating with Facebook. Update: Facebook officially announced the integration of Facebook and Xbox today: We're excited that beginning today the social game experience is coming to Xbox Live, so now you can play Xbox games with your Facebook friends...

Amazon Launches Xbox Live Store

Amazon.com has launched its own Xbox Live Store in beta that allows gamers to purchase games, subscription cards and Microsoft Points cards. Previously games were only available directly from the Xbox 360 console or xbox.com, making Amazon the first retailer to offer consumers access to codes for downloading Xbox Live Arcade games.

Xbox 360 To Stream Netflix Movies

Microsoft and Netflix Unveil Partnership to Instantly Stream Movies and TV Episodes to the TV via Xbox LIVE: Exclusive agreement creates game-changing home entertainment experience; more than 10,000 movies and TV episodes will be available to watch instantly at no additional cost to paying subscribers.

Nintendo Wii To Launch Pay Service

Nintendo has announced that it will begin charging Wii gamers for some of its online offerings.Called the Wi-Fi Connection Pay and Play, the service will feature red stickers on the titles that users must pay to play online. A pricing plan has not been released but Nintendo said that gamers could pay for titles using Wii points, the consoles virtual currency.