At the AOU 2008 (Feb. 16) SNK Playmore JP and Taito will unveil the latest installment in its classic arcade title King of Fighters XII, and show it off for the first time, even though only in video format. In development for quite a while now, KOF XII is a fresh start with a brand new engine and overhauled sprites. Scheduled for release on Taito's Type X² arcade machine mid 2008, KOF XII is expected to be ported on PS3 and Xbox 360 in 2009.

A sequel to the original Xbox title, Ninja Gaiden 2 has players once again assuming the role of Ryu Hayabusa as they guide the ninja hero on a quest to avenge his clan and prevent the destruction of the human race.

EA's latest expansion pack for The Sims 2, Free Time, giving your Sims the ability to perform casual tasks, jobs around the house or all sort of hobbies. An international line-up of artists can be heard on The Sims 2 FreeTime soundtrack, leading off with pop star Natasha Bedingfield, who recorded a Simlish version of her hit single Pocketful of Sunshine.

The Club is a 3rd person action shooter focused on addictive and rewarding gameplay, testing your skills to the limit and offers relentless, frantic, and fast paced gameplay with a unique style, tone and storyline that drips with energy, attitude and anarchy.

Crystal Dynamics has made Tomb Raider Underworld more realistic with fluid movements due to motion capturing. Set a few years after the last game, it also features persistent destruction and lush locales across the globe. Lara gets muddy in the game, but with the weather system, rain will wash it away.

Rockstar is bringing its open-ended crime series to the next-gen consoles with Grand Theft Auto IV. While details on the game are still slim, we now know that the franchise returns to New York situated around the mysterious protagonist Nikolai.

Precursors, developed by Boiling Point's Deep Shadow, is a sci-fi action game that leads you into unexplored regions of space, where he can fly with huge battle ships from planet to planet.

Rail Simulator will offer the opportunity for players to take charge of steam, diesel and electric trains on real routes in the UK and Germany. Challenging and fun gameplay will even enable players to design their own ideal journey routes. This first patch brings all versions of the game to the same level, adding enhancements, improvements and fixes for issues people have been experiencing.

Alternativa is a classic point&click adventure game based on the original sci-fi/cyber-punk script which is composed of a number of shorter stories that lead us through the lives of individual characters as well as the fictional world of the future.

Last week Microsoft sent shockwaves through the internet by offering to buy ailing Yahoo for no less than $44 billion. After a few days of deliberation, even considering outsourcing its ads business to rival Google, Yahoo will turn down the offer, claiming the unsolicited offer undervalues the company, saying it needs an extra $12 billion.