News@5: Nintendo 3DS Set For February Launch, Twitter Surpasses MySpace & AOL

Nintendo has announced that the highly anticipated 3DS 3D hand-held gaming device will not be launching before February next year. According to the company, the Nintendo 3DS will be launched in Japan sometime in February next year, with the European and US launches set for March.

Twitter has finally overtaken social networking platform MySpace in terms unique monthly visitors in the US market. According to data released by online monitoring firm comScore, as of August 2010, the micro blogging site Twitter had 96 million unique visitors, compared to the 95 million users who visited MySpace.

A new study has revealed that a great number of children find reading more interesting on an e-reader, but that parents don't find it a suitable product to purchase.

AOL has purchased online video service 5min in order enhance video offerings across its platforms. Without disclosing the financial details of the deal, AOL announced that 5min's expansive platform will significantly boost AOL's current online video offerings to cater to a wider Web audience and drive advertising revenue.

Twitter has decided to phase out its @earlybird deal feed to give way to a new paid advertising platform. The micro blogging website has revealed a new plan to phase out its @earlybird deal service, as the company is ready to launch a new advertising service, termed as Promoted Accounts to enhance its advertising business