CBS CEO Leslie Moonves announced that it has agreed to buy online technology news and entertainment company CNet Networks Inc. for about $1.75 billion, which includes News.com, TV.com, Mp3.com, MySimon and GameSpot.

MGS4: Guns of the Patriots is set in a war-torn future where huge conglomerates, including those in the Middle East and South America, fight for supremacy using armies of hand-picked mercenaries.

It has been rumored quite a few times already that while Bungie may be taking a break from the Halo franchise, it doesn't mean a fourth installment is out of the question. On the contrary, Brothers in Arms developer Gearbox Software, who ported the original Halo to PC, is said to be secretly working on Halo 4. According to The Space Oddity the game will be a prequel, possibly titled Halo: Forerunner, and an announcement is to be expected very soon.

Paradox Interactive has signed Mount & Blade, a single-player, third- or first-person action/role-playing game with a focus on medieval combat. A new beta demo is also available...

High-end flight simulation developer Shockwave Productions has rebranded its corporate name to Air to Air Simulations in order to avoid any further confusion with online gaming website Shockwave.

The Sims 2: IKEA Home Stuff brings a selection of must-have items from IKEA to key living spaces in your Sims’ home focused on the bedroom, the living room and the home office. Now you can give your Sims’ home a makeover with new furniture and décor based on stylish designs by IKEA!

Set in a seriously twisted fantasy world, Overlord: Raising Hell is an action adventure that has players being ruthless, determined, and even a little despotic as they pillage lands and conquer kingdoms in order to be proclaimed the all-powerful Overlord. Codemastes has released a demo for its twisted fantasy game on PlayStation Network.

Back in 2006 Texas based Anascape Ltd. filed suit against Nintendo and Microsoft for infringing on one of its patents (3D controller with vibration) it had filed in 2000. While Microsoft immediately settled out of court, Nintendo decided to go all the way and fight the lawsuit. Now Federal court has ruled in favor of Anascape and awarded it a settlement of $21 million. Nintendo plans to file an appeal in order to reduce the penalty.

Space Chimps, based on the upcoming CGI-animated movie, is a 1-2 player action/adventure game that chronicles the quest of Ham and Luna as they overcome the perils of an alien planet in search of Earth's lost Infinity Space Probe.

Back in late 2003 Ubisoft released its action/adventure Beyond Good & Evil to much critical acclaim but unfortunately that did not translate into sales numbers and the franchise was abandoned. In an interview with French magazine JeuxVideo, Rayman's Michel Ancel revealed that we can expect to see Jade again, as BG&E 2 has been in pre-production for over a year, even though Ubisoft has not given its final approval yet.