Sony's Q4 2007 financial results reveal the gaming division has lost $1.9 billion, mainly due to the below-production cost sale of the PS3, as well as declining PS2 hard/software sales. So far Sony has shipped, not sold, 13 million PS3 units, and a whopping 193 million PS2s. Sony expects a turnaround next fiscal year, as it is reorganizing and taking steps to cut production costs for the PS3.

World in Conflict is a strategy game that delivers intense action and coordinated team play amidst the war the world feared most – an apocalyptic showdown between the Soviet Union and the United States, with completely destructible 3D battlefields, aggressive team-based multiplayer action and a focus on fast, hard-hitting battles.

Two Worlds is an RPG featuring thrilling fight choreographies, gripping characters and realistic worlds, linking the cinematic story with maximum gaming freedom in a medieval fantasy world.

Blizzard has yet again released a minor updated patch for good old Starcraft, and its expansion pack Brood War. The v1.15 patch fixes several bugs that contributed to game exploits, bug fixes, StarCraft leagues support, and saving of replays.

SKATE will deliver the feel of skating through innovative controls, authentic cameras and a fully reactive skateboarding city. The game features professional skaters such as Danny Way and PJ Ladd, as well as a reactive city and relevant in-game cameras that capture and deliver the most authentic skateboard experience to date.

Spanish developer EnjoyUp Games announces Break Soul, which will take us to a fantasy world to assume the role of Eryx, who must recover the soul that has been split from his body. In an adventure between the worlds of the living and the undead, you must face all kinds of challenges, including the Queen of Death and the four Giants of Darkness.

Microsoft has released a demo on Xbox Live Marketplace (only Japan for now) for its ninja infested hack'n slasher Tenchu Z allowing you to try out a single player mission and pre-selected ninja accessories from the full game.

The epic saga continues with Halo 3, in this third chapter of the Halo trilogy, Master Chief returns to finish the fight, bringing the epic conflict between the Covenant, the Flood, and the entire human race to a dramatic, pulse-pounding climax.

Lost Planet is a sci-fi action shooter set within the merciless frozen tundra of a hostile planet, humans struggle for survival as conflicts arise between man, the surrounding indigenous creatures and the monstrous beings that have invaded. Capcom has released 2 demos, one for DX9 and another for DX10, both featuring 2 levels, attack an Akrid hive, or assault an ice pirate fortress.

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:

• Medieval II: Total War Kingdoms - Trailer #2
• Prince of Persia Classic [X360] - Trailer
• Medal of Honor Airborne [ALL] - Trailer #7
• Looney Tunes: Acme Arsenal [PS2/Wii/X360] - Trailer
• Mortal Kombat Armageddon [Wii] - Khameleon Trailer
• Code Lyoko [NDS/Wii] - Trailer (2)
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  We will update this throughout the day when new trailers become available. Read more for download links ...