While the Academy of Interactive Arts & Sciences inducts Mike Morhaime into the Hall of Fame and bestows Lifetime Achievement Award upon Ken Kutaragi, Call of Duty 4: Modern Warfare, BioShock and The Orange Box each picked up four statues during the awards ceremony.

Developed by Razorback Developments, game designer Dr Reiner Knizia is an expert in algorithmically generated logic problems and has over 300 board games and books to his name. Now he has created a collection of ingenious challenges for all the family.

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.

For the first time you will have the freedom to define your own character, story and style based on the choices you make, the paths you choose and the style of skating you use on the proving grounds from Philadelphia and Baltimore to Washington, D.C.

Sony has rolled out new PlayStation Store content, starting with Go! Sports Skydiving ($4.99) skydiving simulation game, the classic PSOne game Crash Bandicoot: WARPED ($5.99) for PS3/PSP, a free MotorStorm Chinese New Year Skin, new Rock Band content (Calling Dr. Love – Kiss, We Care a Lot - Faith No More, and Roam - B-52s, $1.99 each). A multiplayer demo for Capcom's Lost Planet, as well as various game/movie trailers, PS3 themes and wallpapers.

Valve today announced that its digital delivery platform Steam has surpassed 15 million accounts and realized year-over-year sales growth of 158% through the holiday season.

Hornet Leader PC allows gamers to take to the skies and experience the tactical thrill of commanding some of the most elite aircraft in the world in historical/plausible missions with fantastically realistic equipment and enemies. This new demo includes the same Syrian air skirmish as the original demo but brought up to date with the latest 1.02 update code.

Euro Truck Simulator is a truck simulation game where you can drive across a realistic depiction of continental Europe, visiting its beautiful cities, from Rome to Berlin to Madrid to Prague, picking up a variety of cargo, and delivering them on time!

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:

• Command & Conquer 3: Kane's Wrath [X360/PC] - Trailer #3
• FIFA Street 3 [ALL] - Donovan Trailer
• Sam & Max 203: Night of the Raving Dead - Gameplay Trailer
• This is Vegas [PS3/X360/PC] - Trailer
• 
  We will update this throughout the day when new trailers become available. Read more for download links ...

During a D.I.C.E. Summit panel discussion, Blizzard CEO Mike Morhaime revealed a list of titles that got canceled over the past few years, showing they are not afraid to axe titles when they aren't working out. While the most recent Starcraft Ghost is not on the list (maybe it's been revived?) Blizzard mentioned titles like Warcraft Adventures, some fantasy title called Raiko, Nomad featuring two giant zeppelin airships, Games People Play, Crixa, Shattered Nations, Pax Imperia and Denizen (thanks Firingsquad).

Silverfall is a fantasy RPG set in a world of magic, machines & mayhem, the choices you make during the game take you along the path of nature or technology. The Earth Awakening addon features an updated engine with improved gfx/performance, 2 new races, over 50 new pieces of armor, 42 new weapons, 20 new maps, and optimized multiplayer.

Activision's conf. call revealed quite a few new titles in the works, most scheduled for fiscal 2009 (anywhere from April 2008 - March 2009). New titles in franchises such as: Spider-Man, Marvel: Ultimate Alliance, Call of Duty, a makeover for the Tony Hawk franchise, the eagerly awaited James Bond (using an updated Call of Duty 4 engine) and titles based on Dreamworks movies Kung Fu Panda and Madagascar II. Giving credence to yesterday's Guitar Hero IV rumor, Activision confirmed two new Guitar Hero titles are in development, but declined to give details.

Myst is an immersive experience that draws you in and won't let you go. You enter a unique setting, venturing alone to varied times and places, the worlds that compose Myst. There are no instructions, and you encounter no living beings but soon realize your actions may help individuals who are somehow trapped in a parallel dimension.

Theatre of War depicts authentic battles of World War II between 1939-1945. Command hundreds of different unit types in 5 historically accurate campaigns (US, UK, Soviet, German, French and Polish). This demo features a new, advanced line-of-sight system, radically improved performance and enhanced AI behavior. There is an all-new playable battle taken from the new German Panzer Lehr campaign in addition to five playable tutorial missions.

Activision announced that it had record net revenues of $1.48 billion and net income of $272.2 million for fiscal Q3, respective increases of 80% and 90% over the same period last year, far exceeding their expected revenue of $1.23 billion. This success was driven by strong sales of Call of Duty 4: Modern Warfare, Guitar Hero II, Guitar Hero III, Shrek The Third, Spider-Man 3 and Transformers: The Game. Activision has increased its fiscal outlook to net revenues of $350 million for Q4 and $2.65 billion for the 2008 fiscal year.

Earlier today, industry rumors claimed that Viacom was planning to buy Take-Two for $1.5 billion. The match seemed to make sense, as Viacom owns Dreamworks Studios, MTV, Nickelodeon and Paramount Pictures, and Take-Two has game rights to many MTV and Nickelodeon IPs. However, unnamed sources have since refuted those rumors, and both companies are remaining mum. We'll report back as soon as there's confirmation one way or another ....

Video game publisher Mastiff announced today that it has acquired the Major League Eating (MLE) license. Major League Eating: The Game features the world's greatest gurgitory athletes competing across 12 different food types, and it will be built much like a fighting game.

Bully: Scholarship Edition tells the story of 15-year-old Jimmy Hopkins as he experiences the highs and lows of adjusting to a new school. Eight new missions, four new school classes (biology, music, math and geography), new unlockable items and clothing, new two-player off-line minigames, new awards and Achievements.

Paradox Interactive's Penumbra: Black Plague, the final chapter in the Penumbra story, thrusts players into a creepy environment of psychological horror, as they are challenged in this unique action/adventure experience. The demo includes the four first levels of the game.

Interstellar Marines is an FPS, sci-fi, action and adventure game with an original and unpredictable storyline featuring single and cooperative gameplay, with heavy focus on realism. Zero Point Software informed us they will be showing a playable demo of Interstellar Marines to selected publishers on the GDC.

The Chronicles of Spellborn is an MMORPG set in the Enclave of the Five Sacrifices. Developed by Dutch studio Spellborn, previously known for Alpha Black Zero, it uses the Unreal 2.5 Engine. Q&A lead Johan Sandstrom explains the combat testing procedure...

Sins of a Solar Empire is a real-time space strategy title under development at Ironclad Games. Unfolding the fate of three unique factions, Sins of a Solar Empire is the first chapter in an epic science fiction saga. Expected for later this week, the v1.02 patch adds fixes and balance tweaks.

Spark Unlimited's FPS Legendary: The Box presents a world suddenly thrust into chaos and turmoil when ancient creatures of myth are unleashed into modern day society, and it is up to you, as the cause of it all, to stop it all. Previously only announced for PC and next-gen consoles, Gamecock confirmed the game is coming to PS3/X360.

A few weeks back Eat Sleep Play's David Jaffe mentioned that a hidden message in its fast-paced vehicular combat game Twisted Metal: Head-On: Extra Twisted Edition would reveal its next project, telling gamers to keep a close eye on the game for a cryptic message. It did not take too long for the GameFAQs people to figure out that the random numbers displayed during the Dark Past video correspond with letters of the alphabet revealing that "Twisted Metal is coming on PS Three."

Space Chimps, based on the upcoming CGI-animated movie, is a 1-2 player action/adventure game that chronicles the quest of Ham and Luna as they overcome the perils of an alien planet in search of Earth's lost Infinity space probe.