Hot on the heels of the restructuring announcement, it seems Take Two will be closing its New York office and consolidating it with their California-based West Coast office. No details as to how many people will make the transition (or get laid off) were disclosed, or whether NY native Rockstar is making any sort of relocation as well.

Guitar Hero fans will channel their inner rock god using Gibson Guitar's Les Paul and Kramer models, experience new features and explosive content including a new multiplayer action-inspired battle mode, grueling boss battles, a bevy of exclusive unlockable content and authentic rock venues.

Project Sylpheed is a 3-D makeover of the classic, mid-'80s scrolling shooter franchise Silpheed launching players through an exhilarating space combat experience driven by a deep, multi-layered storyline. A 613 mb demo is now available on Xbox Live...

Taking full advantage of the Nintendo DS's unique characteristics, KOEI's action-combat series Dynasty Warriors will be unlike any other Tactical Action game previously released on the NDS.

FlatOut: Total Carnage is a re-imagining of FlatOut 2 rebuilt from the ground up and specifically developed to make use of the additional feature sets and improved processing ability of third generation technologies.

Featuring an all-new, revolutionary feature set, SimCity Societies allows players to construct not only the cities they desire, but create their cultures, societal behaviors and environments as well.

It's been quiet for a few months surrounding the Castlevania movie, but word has trickled out that Sylvain White, known for Ronin and most recently Stomp the Yard, has been set to direct a live-action adaptation of Konami's vampire videogame Castlevania. Originally scripted by AvP's Paul W.S. Anderson it will get a rewrite by White, and be produced by Crystal Sky's Steven Paul and Benedict Carver, with Anderson and Jeremy Bolt. Scheduled for late 2008, shooting will commence late fall in South Africa and Romania.

Already owing 70% of the company, venture capital firm Balderton Capital has acquired the remaining 30% stake held by the orignal founders of Codemasters, David and Richard Darling and their father Jim.

Sporting various new features, and a new graphics engine, Arena Wars Reloaded is an action strategy game focusing once again on fast-paced RTS action and multiplayer mayhem.

All three console developers, Microsoft, Sony and Nintendo, have been sued for various patent infringements with their current-generation consoles. Most recently, Microsoft got served by Lucent over an MPEG-2 issue, and today, Texas-based Lonestar Inventions filed suit against Nintendo for a 1993 patent they own regarding "high capacitance structure in a semiconductor device," a space-saving method tripling the effectiveness of parallel plate capacitors by using layers of conducting strips.