Microsoft and Nintendo unveiled new products at the E3 Media and Business Summit

By Tarun Kunwar

The E3 Media and Business Summit (E3) is an annual trade show where video game developers get the chance to show off their latest games and hardware. This year’s event, which began Monday and continues through Thursday at the Los Angeles Convention Center, is continuing with last year’s tradition with a smaller and more “intimate” setting.

We already told you about Sony’s blockbuster announcement of a PS3 price cut, but prior to that, here’s what’s happened so far...

- The New Xbox Experience (NXE).

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