In East India Company, players will enjoy building the world's most powerful trading empire and engaging in fierce battles in both single-player and multiplayer modes, all within a breathtaking cinematic environment.

High Energy Productions' producer Keisuke Kikuchi announced Rygar: The Battle of Argus will be an all-new Wii exclusive title, not a PS2 port. Expected later this year in Japan, Rygar: The Battle of Argus will introduce a new hero and use the Wiimote to control Rygar's trademark weapon, the Diskarmor. Originally scheduled for Dec. 2008, Tecmo has pushed back Rygar until Feb. 3, 2009.

RACE Pro recreates a breathtaking reality giving you the ultimate racing simulation experience with precision physics and handling.

Mafia II, developed by the original creators Illusion Softworks, features a deep mobster-driven narrative packed with both behind-the-wheel and on-foot action. Over the weekend we revealed details on The Illusion engine, claiming that Mafia II would only support DX10/Vista, which turned out to be incorrect. 2k Czech confirmed the game will be compatible with WinXP/DirectX 9.0c.

Atari has been on the warpath the past few months, after facing delisting from NASDAQ multiple times, it has signed a slew of high-profile titles such as Riddick, Ghostbusters and various others. Atari has now also acquired US-based MMO developer Cryptic Studios, known for NCSoft's City of Heroes/City of Villains. Cryptic Studios, who recently recruited Flagship Studios' Bill Roper, is currently working on three titles: Champions Online (2009), Star Trek Online (2010) and an unannounced title.

With its shares dropping 70% in the past year, Sony Corp. announced that it will lay off about 4% of its 186,000-strong workforce (8,000 employees), an additional 8,000 contract employees, cut back on investments by 30%, close several of its overseas manufacturing plants, and pull out of businesses as it is looking to cut $1.1 billion in costs by March 2010. It was not clear whether the games division will be affected, but judging by the large amount of cutbacks, it's hard to imagine that it would not be involved.

Koei's Nobunaga's Ambition: Iron Triangle is an epic historical simulation from legendary game producer Kou Shibusawa where players assume the role of Nobunaga, or of a rival warlord, in their quest to unite Japan under one rule.

Midnight Club: Los Angeles provides a seamless environment for everyone who loves to compete, with no load times, no tracks, and no rules, allowing players to race who they want, when they want, and where they want in a recreation of LA. Rockstar has issued a title update improving AI balance to adjust dynamically to user skill level. The X360 update also adds support for additional leaderboards for tournaments on the Rockstar Games Social Club, broader multiplayer match searching, and upgraded streaming and performance.

War Plan Pacific is a turn-based computer wargame for one or two players (IP based multiplayer capability) covering the entire war in the Pacific from 1941 until 1945. Shrapnel Games is looking for a few good men to ensure smooth sailing.

Playrix Entertainment, known for casual games such as The Rise of Atlantis, Fishdom, 4 Elements and newly-released Call of Atlantis, announced its publishing plans and has already signed several agreements to publish games from external studios.