Sony unveiled a redesigned PlayStation Store for the PS3, featuring rich graphics, simplified navigation and powerful search help to aid PS3 user discover games, video and more.

Sony unveiled a redesigned PlayStation Store for the PS3, featuring rich graphics, simplified navigation and powerful search help to aid PS3 user discover games, video and more.

Sony Computer Entertainment announced that it entered into a definitive agreement on June 30, 2012 to acquire cloud-based gaming company Gaikai Inc., for approximately $380 million.

Check out the following new screens from Sony's E3 2012 lineup:

• Beyond: Two Souls (PS3) Announced - New Screens
• Dance Star Party 2 (PS3) Announced - New Screens
• Geronimo Stilton: Return to the Kingdom of Fantasy (PSP) Announced - Screens
• Gravity Rush (PSV) - New Screens
• LittleBigPlanet (PSV) Announced - Features & Screens
• LittleBigPlanet Karting (PS3) - New Screens
• Phineas and Ferb: Across the 2nd Dimension (PSP) - New Screens
• PlayStation All-Stars Battle Royale (PS3) - New Screens
• PulzAR (PSV) Announced, Coming Soon - Screens
• Sly Cooper: Thieves in Time (PSV/PS3) - New Screens
• Smart As (PSV) Announced - Features & Screens
• Sound Shapes (PSV) Announced - Screens
• Sports Champions 2 (PS3) Announced - New Screens
• The Last of Us (PS3) - New Screens
• The Unfinished Swan (PS3) Announced - New Screens
• Tokyo Jungle (PS3) Announced - New Screens
• Wonderbook: Book of Spells (PS3) - New Screens

During Sony's Pre-E3 2012 Media Briefing, it presented new coverage for Beyond: Two Souls, PlayStation All-Stars Battle Royale, LittleBigPlanet 2 DLC, Crackle (Sony's movie service), Assassin's Creed III: Liberation, Far Cry 3, Book of Spells, God of War: Ascension and The Last of Us.

Sony Online announced its E3 product line-up, giving attendancees the chance to be among the first to get hands-on with PlanetSide 2, while also being treated to the latest updates from DC Universe Online, EverQuest II, Free Realms, Star Wars: Clone Wars Adventures and  Vanguard: Saga of Heroes.

A militant revolutionary has unexpectedly seized control in an important South Asian country. As the Ops Com, your mission is to command an elite five-man squad charged with stopping his aggressive agenda before it’s too late.

Microsoft announced that Phil Harrison, video games luminary and former Sony executive, has joined the Interactive Entertainment Business leadership team as corporate vice president.

SCEA announced the nominees for the 2012 PlayStation Network Gamers’ Choice Awards, designed to recognize the best downloadable games on PSN.

Valentine's Day is around the corner, and SOE is celebrating with activities and events in a handful of its games such as Free Realms and EverQuest II.

Journey delivers simple gameplay and accessible controls in a rich interactive environment that invites players to explore and experience emotional chords that are still uncommon in video games.

PS Vita incorporates a 5-inch multi-touch organic light emitting diode as the front display and a unique multi-touch pad on the rear. Together with the front touch screen and the rear touch pad, PS Vita offers new game play experiences, allowing users to interact directly with games in three dimension-like motion, through "touch, grab, trace, push and pull" finger motions.

Sony issued a statement that it has detected attempts on Sony Entertainment Network, PlayStation Network and Sony Online Entertainment services to test a massive set of sign-in IDs and passwords against our network database.

Sony Computer Entertainment America announced "Only On PlayStation Network," a new program featuring a steady stream of exclusive games releasing throughout the month of October.

Sony Computer Entertainment announced that it is dropping the price on its 160GB and 320GB PS3 models, in Japan, North America and Europe, effective immediately.

After ripping up Monument Valley, obliterating everything in its path on The Island and surviving the chilling temperatures of the Arctic, MotorStorm is back - and this time it hits The City...abandoned after being hit by a tremor.

Sony Computer Entertainment introduced PlayStation Network PLAY, a new program showcasing four of the season's hottest action titles.

Cole MacGrath makes his electrifying return in inFAMOUS 2, taking the franchise to all-new heights in an immersive open world action adventure that offers a more visceral, emotional and powerful take on the true superhero experience.

Sony announced that UK-based game development studio Double Eleven had signed a deal which would see the company, currently working on LittleBigPlanet for PS VITA,  developing games exclusively for SCEE and Sony platforms.

With the PS Vita coming somewhere down the line later this year, Sony is looking to add value to your PSP experience with the new PSP “Dual Pack” software line, which features two PSP games from its  most popular franchises in one package for only $14.99 (MSRP).

During Sony's Pre-E3 2011 Media Briefing, it presented new coverage for BioShock Infinite, Dust 514, NBA 2K11, Resistance 3, Uncharted 3, and the PlayStation Vita, its pricing and its planned lineup (Dynasty Warriors, LittleBigPlanet, Street Fighter X Tekken, etc.).

Sony Computer Entertainment announced that a new "PSP Remaster" title series, PSP titles customized and developed specifically for the PS3, will become available as Blu-ray Disc games starting in the Japanese market.

Yesterday we reported that a page on Rockstar's support site dedicated to PS3 overheating issues mysteriously disappeared. The Q&A in question flatout blamed the security checks in the new v3.61 firmware for the problem, saying it had already received multiple complaints. Shortly there after the page was pulled, and now both Rockstar and Sony have issued a joint statement stating the exact opposite.

Now that Sony is finally bringing back the PlayStation Network, the road to recovery has started — or one would like to believe so. Earlier today, Sony disabled the update password function on the PSN Web site due to an exploit that allowed end users to update the password on any account to which they had the e-mail address and birthday — the very same data that was compromised in the original hack. Something weird also happened with Rockstar's support site today.

If you were anywhere on the Internet this week, you've probably already heard the news about Sony's "Welcome Back" program for PSN subscribers in North America. Sony is being quite generous with its offerings, but even so, smart gamers will want to maximize the value of the freebies. After all, why not get the best deal possible?