After its executive VP recently resigned and with the inability to stop the losses from mounting, CEO David F. Zucker has decided to call it quits and quietly resigned. Midway has appointed Matt Booty as Interim CEO while the Board of Directors searches for a new Chief Executive Officer and President.

Independent publisher Playlogic Entertainment announced that it has successfully closed $3 million in equity ($1.00 per share) and $4 million in loan through a Private Placement. The new funds are meant to improve Playlogic's working capital and equity position and to allow it to execute its business plan and adhere to release schedules for the year 2008.

In Windchaser, start-up studio Chimera Entertainment's first real-time tactical game, you assume leadership of one of Ensai’s guilds and take command of one of the mighty sailing ships that serve as mobile headquarters.

Atari UK announced Driving Theory Training, an NDS exclusive title giving players the unique opportunity to revise, practice and take virtual tests on driving theory and Highway Code whilst on the move.

Tripwire Interactive have updated its WWII multiplayer FPS Red Orchestra: Ostfront 41-45 with support for Steamworks, adding online matchmaking services, including integration of the Steam Server Browser, the Friends' "Join Game" functionality (for use in and out of game), as well as support for player and viewable server stats.

Naruto: Ultimate Ninja 3 adds new innovative features, enhancements and customization options to the franchise. Battle through 20 unique stages using more than 40 of the most loved and feared characters from the animation phenomenon. Unleash the hidden chakra from within and experience the best yet from the series.

Ubisoft announced that it has concluded an agreement with Mr. Tom Clancy to acquire all intellectual property rights to the Tom Clancy name, on a perpetual basis and free of all related future royalty payments, for use in video games and ancillary products including related books, movies and merchandising products.

So Blonde, written by Broken Sword's Steve Ince, is an adventure game based around beautiful (anti-)heroine Sunny Blonde, featuring jet black humor that goes far beyond trite clichés, gorgeous cartoon graphics, puzzling riddles and a ton of gameplay surprises.

Taking place shortly after the events portrayed in the first Two Worlds, The Temptation takes place in Eastern Antaloor, in the regions surrounding Oswaroh and the Drak’ar Desert. Featuring more intricate missions, improved voice-overs and animations, retooled horseback riding, completely revamped combat, and a new game engine.

Iron Man, an explosive third-person action shooter game that pits one of the world’s most renowned Super Heroes against unspeakable odds, draws its story from the upcoming movie while also incorporating story elements from original Iron Man comic books. Robert Downey Jr., Terence Howard and Shaun Toub will reprise their onscreen roles.

Numen: Contest of Heroes is an action/RPG that will plunge the player deep into the amazing world of Greek mythology, the realm of almighty gods, brave heroes, fabulous creatures, and great deeds.

The Immortals of Terra is an epic space adventure set in 1346 New Galactic Era, 4934 AD, starring Perry Rhodan. This breathtaking story takes the player from the very top of a majestic floating palace, through the midst of intergalactic intrigue, to deep below the surface of incredible alien worlds.

Salvation is a third-person shooter game set in the near-future where the world government has staged Judgment Day, replicated Christ and Antichrist in order to kill them off and assume ultimate power. Any dissidents are killed or sent to a cybernetic virtual Hell, causing a human to suffer unbearably.

Harmonix and MTV Games announced the release of a software update this week which features the new in-game Rock Band Music Store, allowing players to preview and purchase downloadable individual music tracks and packs from the vast selection of offerings available to date without ever leaving the game as they build their own custom Rock Band library.

Lighthouse Interactive and VSTEP's next incarnation for their Ship Simulator franchise: the official Ship Simulator 2008 add-on: New Horizons, adding eight new vessels, 20 all new missions and free roaming multiplayer mode.

Revealed yesterday, for the first time handheld gamers will have the freedom to unleash their inner rock star anywhere, anytime with Activision's upcoming Guitar Hero: On Tour offering the most diverse set list of master tracks ever offered in a Guitar Hero game, including classic rock, alternative and pop favorites such as Nirvana, OK Go and No Doubt.

What if you had to live your whole life in one location … and then one day, suddenly, you could step outside and go anywhere in the whole neighborhood? The Sims 3 gives you the freedom to create unique Sims and immerse them in your own living neighborhood of endless possibility!

Last week, Activision filed a preemptive lawsuit against Gibson regarding a patent violation claimed by the guitar maker, after it had been a partner for three years. Activision now revealed that the argument has spilled over into retail, as Gibson is trying to block stores from selling the franchise. "Our Guitar Hero retailing partners have done nothing wrong. We will confront this and any other efforts by Gibson to wrongfully interfere with Activision's relationship with its customers and its consumers."

Black Bean's fast paced racing game SBK-08 Superbike World Championship, developed by Milestone, is the officially licensed WSBK, and will storm the next-gen consoles with brand new features and enhancements.

At GDC 08 Lionhead's Peter Molyneux revealed Carbonated Games' crabs & roulette game Keystone would allow gamers to gain a head start on earning currency for use in Fable 2. During Major Nelson's latest podcast Molyneux revealed Wizard's Tower and Mage Dice are another two titles from the same developer that will allow gamers to make extra coin. He also revealed that everything in the game can be bought, houses, dungeons, castles, unlocking quests along the way, and as you own more property you will gain ranks from mayor to king of Albion.