Like they say, once you're at the top, there's nowhere to go but down. In Shigeru Miyamoto's case, he went down quite a bit. After being at the top of Time 100 last year, the Nintendo gaming mastermind drops to #42 of Time Magazine's list of the 100 most influential people from various fields and industries. So who else made it to the list? Find out after the jump.

Steve Jobs once said that the iPod Touch is the best portable device for playing games on. Now, we may actually have a point of reference to see if he's right, if this analyst proves to be correct. According to Mike Hickey, Grand Theft Auto: Chinatown Wars for the DS will most likely be ported to the iPhone. More predictions in the full article.

(Editor's Note: Epicness was never this awesome!)

It's another great week again! We have quite a lot of reasons why we're celebrating, and not least of them all is the fact that QuickJump QuickPeek's finally hit its 30th edition!

Let's pop them corks and let the champaign flow. Everyone's got a reason to party this weekend!

*Originally posted Jan 19, 2008 at 02:49PM

""In a report by Next Generation, ABI Research director Mike Wolf speculated that North American Internet-to-TV video solutions will reach US$ 1.5 billion in revenue. However, instead of the available Internet-to-TV hardware solutions, Wolf believes that it will be consoles to spur the immediate growth of the market.

 

Wolf speculates that all this will happen in the next five years. So according to his estimates, customers on next-gen consoles such as the Xbox 360 and PlayStation 3 will comprise almost 60% of the market revenue by 2012. He even notes that consoles could overtake even Steve Jobs' Apple TV.

Because of the multiple entertainment capabilities of such consoles and their requirement for broadband connections, consumers would find more value and appeal in game consoles as capable Internet-to-TV products. That doesn't include the roomy hard drive storage and the fact that the console is already next to a TV.

However, the console has a long way to go to make waves in the market. ABI Research's recently conducted study entitled "Over-the-Top Internet Video to the TV" pointed out that 71% of people who purchase video over the Internet do so on a PC. 16% of the remaining simply burns the video into DVD and watches it on TV, while 8% download and view videos on their video console.

Aside from the fact that only 12% of the surveyed people do purchase videos online, the PlayStation 3, Xbox 360 and Wii will also have to contend with next-generation Internet-to-TV products from Comcast and Netgear, aside from the Apple TV and Sony's own future Internet-to-TV entertainment products.

But consoles already have an edge in growth: Nintendo, Sony and Microsoft all provide online purchase options by drawing funds from accounts. If Wolf's predictions do come true, analysts believe the console rise in the market will be phenomenal. "“This is just the beginning,” Wolf concluded.

Barron's Online has released their third list for "The World's Best CEOs", and look who made his debut in the list for 2007. It's none other than Nintendo's Satoru Iwata.

Iwata got in the exclusive top 30 list, thanks to the innovative Wii. He is but one of the ten overseas CEOs in the list, sharing the spotlight with three new other foreign newbies. It is actually not surprising to find Iwata recognized for his stint as Nintendo's CEO. The company did see, after all, a vast increase in its stocks, and the success of its next-gen console undoubtedly contributed a lot to that spike in revenues.

Steven Jobs also is in the list, apparently as a "Returnee". Barron's describes Jobs as "the ultimate CEO who matters", and deemed that his company, Apple, runs ahead Microsoft by miles in terms of innovations.