A recent SEC filing reveals that Electronic Arts has arranged an agreement with Morgan Stanley, BNP Paribas, The Bank of Nova Scotia and KeyBank National Association for a whopping $1 billion in case it needs the funds to acquire Grand Theft Auto publisher Take-Two. EA initially made a $2 billion offer, which Take Two turned down, so these funds may be used to raise the offer now that GTA's $500 million first-week revenue has surely increased the company's overall value. The multibank agreement gives EA access to the funds until Jan. 9, 2009.

Lost Planet: Colonies adds an 11 mission campaign, Score Attack and Time Trial Battle Mode, four new multiplayer maps, four new playable characters, 10 new weapons and no less than seven new game modes, such as Akrid Hunting and Akrid Egg.

Another day, another batch of game trailers was released. Instead of giving them all their own posts, we grouped them, and so far there are trailers for:

• Battlefield: Bad Company [ALL] - Welcome to 'B' Company Trailer
• LittleBigPlanet [PS3] - PlayStation Day 08 Trailer
• Motorstorm Pacific Rift [PS3] - Pre-Alpha Tech Trailer
• Naruto: Ultimate Ninja Heroes 2 [PSP] - Trailer #4
• SpongeBob SquarePants Drawn to Life [NDS] - Trailer
• 
  We will update this throughout the day when new trailers become available. Read more for download links ...

Bleach: Dark Souls will feature a multitude of enhancements to last year’s Bleach: The Blade of Fate including multiplayer games with expanded personalization features, brand new special Bankai moves, 30 new Spirit Cards, power-enhancing crystals, as well as seven new gameplay modes.

A 3rd person action adventure Yakuza 2 features enhanced combat, larger environments and a thrilling storyline continuing a year after Yakuza ended. Yakuza 2 will plunge players deeper into the world of Japan’s notorious underground organization, where honor and respect are not earned easily. According to an Gamestop's product page Yakuza is scheduled for Sept. 9, 2008 at $29.99.

Rocketmen: It Came from Uranus, an expansion for Capcom's Rocketmen: Axis of Evil offering new weapons and new levels, will be available through Xbox Live Arcade and the PlayStation Network Store on Wednesday, May 14 and Thursday, May 15 respectively.

Sony Computer Entertainment announced that since its racing and car-life simulator Gran Turismo launched over 10 years ago in December 1997, the cumulative worldwide shipment of the franchise has exceeded 50 million units.

SouthPeak Games has signed a publishing agreement with Lexis Numérique for its newest old-school 2D side-scroller action adventure game, Mister Slime, featuring clever “elastic” controls.

Mortal Kombat vs. DC Universe forces friends to fight, worlds to collide, and unlikely alliances to be forged. when Midway made the announcement of its Teen-rated fighting game fans were up in arms of the lack of fatalities, but in a recent interview Ed Boon stated that the game will include modified finishers, just not "the same kinds of outrageous moves, like tearing someone's head off and the spine being attached to it."

B-Boy uses a dynamically controlled fighting system to help you battle the best b-boys on the planet. Over the course of an in-depth "B-Boy Life" mode, players build up a crew and battle against real-life superstar b-boys including legendary and original b-boy in-game host Crazy Legs.