Antitrust regulators have cleared Electronic Arts' $775 million purchase of VG Holding Corp, which owns two software studios from private equity fund Elevation Partners, BioWare Corp. and Pandemic Studios.

With advanced next generation visuals, hundreds of new animations, and a wealth of new innovative features, including all new crowd atmosphere that can affect the game performance of teams, College Hoops 2K8 is set to run the competition off the court with authentic college basketball game action.

Activision's latest financial numbers show a net revenue increase of 69% from last year's $188.2 million to $317.7M. Net income jumped from a $42.6M loss to a $28.5M gain. In the conference call, Activision executives said that while it's only been in stores for a week, GH III is the best launch title in company history, selling $100M in North America alone. Looking ahead, Activision is planning new titles in the Call of Duty, Tony Hawk and Guitar Hero franchises and has plans for new titles in cooperation with Dreamworks (Monsters Vs. Aliens, Madagascar II, Kung Fu Panda,) two unannounced superhero titles and, to top it all off, its first James Bond-licensed title.

Ubisoft announced that Hollywood actress Kristen Bell, known for her role as teenage detective Veronica Mars, currently also starring in Heroes, will appear in Assassin’s Creed as a key character, whose mysterious role is an important part of the game’s intricate storyline.

SEGA's NiGHTS: Journey of Dreams is the long awaited sequel to the critically acclaimed NiGHTS franchise that gave gamers the freedom to fly in a world of dreams and imagination.

Speedball 2 transforms the futuristic game setting with the help of state-of-the-art technology into a high-speed online sports spectacle. Offering international leagues, a large-scale ranking system and a virtual marketplace, Speedball 2 pulls all the registers of modern multiplayer gaming action.

Iron Realms has created a spin-off division, Sparkplay Media, to work on its free to play 3D MMO Earth Eternal, a high-fantasy world that combines real-world history, legend, and myth with original creations.

Experience the sights and sounds of Beautiful Katamari as the Prince takes on a new high-rolling adventure, with his famous cousins in tow, to save the Katamari universe after the King of All Cosmos has a very un-royal and unfortunate accident.

StarCraft II will feature the return of the Protoss, Terran, and Zerg races, overhauled and re-imagined with Blizzard's approach to game balance, designed to be the ultimate competitive RTS game.

While other FPS titles claim to feature action-packed, highly realistic gameplay, BlackSite: Area 51 takes next-gen gaming to an all-new level integrating cutting edge technology, game design and story writing to create the ultimate entertainment experience.

In the bold and often-bloody Dead Space, developed by EA's Redwood Shores Studio, gamers will step into a third-person sci-fi survival horror experience that promises to deliver the ultimate in psychological thrills and gruesome action.

Arika's Wii exclusive Endless Ocean, known in Japan as Forever Blue, explores life under the ocean, allowing you to take photos, catalogue species you encountered, play a tour guide, or discover hidden treasures. Forever Blue also features multiplayer so you can dive in with a friend...

Guitar Hero fans will channel their inner rock god, 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. When signing up on Guitarhero.com people noticed unreleased songpacks for Foo Fighters, Velvet Revolver and 3 battle songs...

GameTap announced that the season finale for its multiplayer online game Myst Online: Uru Live will launch today, allowing you to explore new areas of Uru, including the new Age of Ahnonay, K’veer Island and Myst Island.

EA released its latest financial results, revealing a loss of $195M, compared to last year's profit of $22M. As a result, EA's board approved a reorganization in order to save $25-30M, which unfortunately means layoffs and branch closures, such as its UK office in Chertsey. At the request of EA Mythic's Mark Jacobs, Warhammer Online is facing yet another delay from its original Q1 2008 date. It's been pushed to Q2 2008 (not before April), but EA execs are still excited about the coming holidays and even raised their expectations with heavy hitters such as Crysis, Hellgate: London and RockBand.

Empire Earth III allows players to build and rule an empire from the ancient world to the distant future, battling it out across the globe through the eons in a bid for worldwide control, offering continuous free-form gameplay that will allow players to keep units from one battle to the next.

Overlord is an action adventure set in a warped fantasy world where players can be evil (or really evil). Later this month Codemasters will release 3 pieces of premium content for the X360, starting with Raising Hell, a singleplayer expansion that introduces hell to the game's 5 kingdoms, followed by The Challenge Pack (7 new maps & 2 game modes), while a free download will finally add split-screen, as well as a new multiplayer map. All of this will be available on PC as part of a Special Edition.

2K Sports' authentic college basketball game College Hoops 2K8 will sport advanced next gen visuals, hundreds of new animations, and a wealth of new innovative features, including all new crowd atmosphere that can affect the game performance of teams.

Mass Effect is a science-fiction action-RPG created by BioWare, previously known for Jade Empire, KotoR and Neverwinter Nights. Mass Effect will deliver an immersive story driven gameplay experience with stunning visual fidelity.

As promised Sony has released a new update for Insomniac's shooter Resistance: Fall of Man, adding Dualshock 3 support, ability to snap screens with USB keyboard, weapon balancing, and the usual bug & crash fixes.

According to British tabloid The Sun, EA Sports has signed a deal with Formula One rookie Lewis Hamilton to use his likeness in an upcoming Xbox and PlayStation game, presumably X360 and PS3. It is uncertain whether the £5 million deal will translate into a specific Formula One product, as Sony currently has the exclusive FIA licensing rights for its own racing franchise.

Kane & Lynch: Dead Men is a violent and chaotic journey of two men — a flawed mercenary and a medicated psychopath — and their brutal attitude towards right and wrong. This volatile partnership combined with innovative technologies allow for an unparalleled gaming experience.

While D3Publisher's X360 exclusive Oneechanbara vorteX never made it to North America (Microsoft did not want to certify it due to its nudity) it seems the Wii might see the next installment in the franchise, known for its scantily clad women, lots of zombies and blood by the bucketloads.

Paradox Interactive's 4X strategy game Lost Empire: Immortals is set in space featuring six playable races, each with their own compelling storyline who battle for domination of a vast empire.

Empire Earth III allows players to build and rule an empire from the ancient world to the distant future, battling it out across the globe through the eons in a bid for worldwide control, offering continuous free-form gameplay that will allow players to keep units from one battle to the next. Sierra promises a playable demo before the game's launch, offering a glimpse at the World Domination mode.