Nintendo of America today announced three key promotions at the executive level. Current President Tatsumi Kimishima becomes chairman of the board and CEO, while Reggie Fils-Aime steps up to president and COO from his current role as executive VP of Sales & Marketing. Former senior VP of Business Development Mike Fukuda is now executive VP of Business Development.

American McGee Presents: Bad Day L.A., a third-person action/adventure game with a tongue-in-cheek comedic twist. Set in modern day Los Angeles, Bad Day L.A. combines a fantastical art style, groundbreaking collaborative gameplay elements and a heavy dose of dark satire to create a truly unforgettable experience.

Valve's SteamPowered website has been updated with details regarding a rather large update to its Source engine. This update addresses various graphical issues with HDR, Nvidia cards, UI fixes, and a few sound issues. Read more for details, or just restart Steam for the effects to take place.

K2 Network announced today that Global MU Online is the first subscription model MMORPG to be converted to the hybrid K2 Network Free2Play and Pay2Play pricing model.

Dragon Quest Heroes: Rocket Slime is a brand-new action-adventure featuring slime, one of the most popular monsters from the Dragon Quest series. The kingdom of Slimenia is invaded, all slimes kidnapped and so you embark on a journey throughout Slimenia to save your friends and uncover the Plob’s nefarious plot!

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:

• Dino Master (PSP)
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  We will update this throughout the day when new announcements become available. Read more for details...

Race Driver 2006 for the PSP features a cavalcade of real cars, world-famous circuits and incredible closely fought competition races. In addition to an extensive career mode, the North American edition of Race Driver 2006 comes loaded with an additional and all-new championship, the Trans World Cup.

Super Smash Bros. Brawl is Nintendo's latest incarnation in the popular Super Smash Bros. series of titles. Super Smash Bros. Brawl for the Wii will feature all new characters ranging from Kirby and Wario to Samus, and even Metal Gear Solid's Snake.

Vivendi has released a new v1.05 patch for Monolith's first person close-quarters combat experience FEAR, adding two new multiplayer modes, Control and Capture All, and two new maps. An updated Win32/Linux server and SDK are also available.

Check out the following new screens from Buka's E3 2006 lineup:

• Hard Truck Apocalypse: Rise of Clans - Features, Screens & Trailer
• Aggression: Europe 1914 - Features, Screens & Trailer
• The Stalin Subway: Red Veil - Features, Screens & Trailer
• Pacific Storm: Allies - Features, Screens & Trailer
• Dusk-12 - Features, Screens & Trailer