A new report from Research and Markets reveals that although the video games sector is growing aggressively, competitive advantage is changing rapidly as Sony and Microsoft are in a market share war, vying to control the living room. Both the PS3 and X360 are capable of competing with mp3 players, television makers, and PCs, in addition to being a video games player.

God of War II is a combat action-adventure game based on Greek mythology. Get reacquainted with the vicious ex-Spartan warrior Kratos who, armed with all-new brutal combat moves and magic, embarks a new epic odyssey.

German Street Racing is a street racing game spread out over 5 of the biggest German cities. Select your favorite German car, tune it, race against AI or take it online, but most of all, keep an eye on the condition of your ride! This update makes the game compatible with Win2K.

Def Jam: Icon infuses hip-hop music, culture and lifestyle into the gameplay, bringing unique and innovative content to the next generation of gaming. EA plans to release a demo on Thursday, Feb. 8, showcasinge the gas station level and 2 hip-hop celebrity fighters, Big Boi and T.I., as well as their respective hit songs, "Kryptonite" and "Top Back."

Dungeon Runners is a fast-paced action/RPG experience where you take on the role of a brave hero and explore dangerous dungeons, battle ferocious monsters, and discover unique items! Your hero can adventure alone or team with a party to hunt terrible monsters and reap fantastic rewards.

Rockstar Games today announced that Grand Theft Auto: Vice City Stories for the PlayStation 2 will be available in North America on March 6, 2007, and in Europe on March 9, 2007. It will give PS2 owners a big-screen experience of the same storyline and missions as the PSP version, which was released in October 2006.

Alpha testing for the upcoming online role-playing game, Mythos, began today with a group of 150, consisting of employees and a select group of outside contacts. This coincides with the launch of the official Mythos website, where gamers can sign up to possibly be included in future beta testing.

Another day, another batch of games shipped to stores. Instead of giving them all their own posts, we grouped them, and so far there are announcements for:

• Diddy Kong Racing DS (NDS)
• Romance of the Three Kingdoms XI (PS2)
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  We will update this throughout the day when new announcements become available. Read more for details ...

Go loco in the seedy underworld of Los Toros as Ramiro Cruz, avenging the assassination of his father by creating maximum carnage in the inner circles of the local kingpin Cesar Morales' drug cartel.

Shivering Isles features more than 30 hours of new gameplay and allows you to explore an entirely new plane of Oblivion — the realm of Sheogorath, the Daedric Prince of Madness. In Shivering Isles, you can continue playing with your existing save game/character, or create an all-new character just to explore the new content.

The Elder Scrolls IV: Oblivion for PS3 will include the Knights of the Nine addon, featuring an all-new faction and quests for noble characters and answers many of the questions surrounding the Ayleid ruins found throughout Oblivion.

Pendulo Studios is working on a follow-up to last year's hit title Runaway: A Road Adventure, an adventure game with 3D characters with a cartoon look and high-impact visual features that include 2D and 3D in an unmatchable style. Check back Friday morning if you want to sample CDV's upcoming adventure Runaway 2: the Dream of the Turtle, allowing you to check out the Alaska level.

NCsoft reported earning results for 2006, revealing that sales came to $361 million, with an operating profit of $46.1 million. Compared to the previous year, sales maintained a similar level while operating income and pre-tax profit decreased 44% and 41%, respectively. The company saw its net profit drop 43% year to year, mainly due to investment.

Dreamlords combines the accessibility of a web game with RPG character development, RTS battles and long term tactical strategy in a never before seen gaming experience.

Majesco announced that the world's most recognizable teen sleuth unravels an interactive mystery in Nancy Drew and The Deadly Secret of Olde World Park, letting fans become the teen detective in a Touch Screen based adventure.

EA announced today that The Sims is launching a new line of games, The Sims Stories. These laptop-friendly games will feature engaging characters and easy-to-play storylines that are sure to entertain both the novice and experienced player.

The Black Box PC edition includes Half-Life 2: Ep. Two, Portal and Team Fortress 2, while the Orange Box will ship for the PC, PS3, and Xbox 360, includes all the content of The Black Box, plus the original Half-Life 2 and Half-Life 2: Episode One.

GameTap announced it has signed Galactic Command: Echo Squad, a fast-paced episodic space shooter set in an expansive galaxy. With an evolving story line that is constantly changing, no two playing sessions are ever the same.

Ghost Recon Advanced Warfighter 2 will feature changing climate, improved AI, an advanced Cross-Com system, air strikes from jet fighters, new weapons and a new soldier class, the Medic.

BioWare is bringing an enhanced version, high-resolution graphics and new visual effects, of Jade Empire to the PC. The original, story of Jade Empire is injected with new monsters, weapons, combat styles, new challenges, and special items to discover.