2005 has not been a very good year for Majesco, after it earlier sold off Ghost Rider and The Darkness, its year-end results revealed all is not well. Across the board revenue, sales and income are all turning a loss, compared to profits last year. As a result Majesco announced it cut 20% of its workforce and is abandoning major publishing in favor of value and handheld video games. In its subsequent conference call it was also revealed that high profile titles such as Terminal Reality's Demonik and Taxi Driver, based on Martin Scorsese's cult film, have been cancelled.

EverQuest: Prophecy of Ro adds three new features, spheres of influence, a trap system, and for the first time in EverQuest, players can destroy objects in the world.

Kingdom of Sky is 2nd expansion for EQ II, featuring a structured Achievement system of skills and abilities, expands the arena challenges with four deadly new arena champions and two new arena zones, ten new adventure zones, 25 new enemies and troves full of new treasures ...

Valve's SteamPowered website has been updated with details regarding the latest major update to Counter-Strike Source. This update adds cs_militia with HDR lighting, fixes various bugs, adds tweaks, and hostage changes. Just restart Steam for the effects to take place.

Burnout Revenge slams into the Xbox 360 with a suite of new online features set to define next-generation automotive anarchy, jaw-dropping high-definition graphics and the retina-searing speed that the Burnout series is famous for.

Red Orchestra: Ostfront 41-45 is a World War II PC game delivered through Vavels' online content delivery system Steam. The original Red Orchestra won Nvidia's "$1,000,000 Make Something Unreal" contest. Red Orchestra: Ostfront 41-45 is a standalone follow-up, built on Epic's Unreal 2.5 Engine, that introduces new gameplay and features.

Game-oriented comic strip creator Penny Arcade Inc. today announced the dates for the third annual Penny Arcade Expo. The three-day event, a nonstop celebration of videogames and gamer culture, will take place Friday, August 25th through Sunday, August 27th, 2006 in Bellevue, Washington.

Hero's Journey is the new 3-D Massively Multiplayer Online Roleplaying Game from Simutronics, which is expected to be released somewhere in 2006. Simutronics will provide Hero's Journey players with frequent mini-releases as well as larger boxed expansions.

Guild Wars: Factions offers players an incredible gameplay experience with many new choices, including new regions, professions, skills, missions, and monsters, along with expanded options for both Cooperative and Player-versus-Player (PvP) play, and enhanced features for guilds.

EA has once more revealed new additions to the upcoming Battlefield 2 v1.2 patch, in particular the fact that UAVs will now visible in the world so if you are being scanned, you can know about it and take action against it, officer ranks will become available to everybody, and a bug that allowed players in vehicles to contest a flag from outside the flag radius is now fixed.