Yesterday Microsoft's latest financial results revealed that the software giant would be laying off 5,000 people over the next 18 months, starting with 1,400 immediate dismissals. While rumors are that the entertainment division will be hit hard (Zune and Xbox) it has been confirmed that ACES, the internal studio responsible for the long-running Flight Simulator series, will be shut down. However, Microsoft also said that this does not mean the end of the franchise; it will continue, but no specific details were disclosed.

RACE Pro recreates a breathtaking reality giving you the ultimate racing simulation experience with precision physics and handling.

Space Exploration: Serpens Sector is a RPG based on classics like Starflight and Star Control. You are tasked with exploring the mysterious Serpens Sector after a long period of human absence. Each game has a different map and a different set of encounters, drawn from a large list.

Air Conflicts is an arcade simulator set during the second World War conflict and featuring many action missions with a historically accurate timeline, authentic planes, units.

RACE Pro recreates a breathtaking reality giving you the ultimate racing simulation experience with precision physics and handling.

Mid Dec. 2008 Electronic Arts finally caved and decided to offer its latest titles through Valve's digital delivery system Steam, in addition to its own, often criticized, EA Store. The initial titles were Spore, Spore Creepy & Cute Parts Pack, Warhammer Online, Mass Effect, Need for Speed Undercover and FIFA Manager 2009, with more to follow. Several weeks later a second batch of titles has been added, Command & Conquer: Red Alert 3, and Dead Space with Mirror's Edge to follow in the near future.

Last June, research firm Intellisponse revealed that Turn 10 was working on Forza 3, a racing sim with over 400 cars and 100 tracks, new race modes, near limitless customization options, real world damage, online community features, powerful assist mode for new players, new cars and tracks as DLC. While Microsoft declined to comment on rumors, Kaarbo Design, the studio that also worked on the original Forza Motorsport, has now further validated the rumor by revealing it was working on Forza 3 and showed off a few race event sample posters stamped with the new title.

Resident Evil 5 is the forthcoming installment in the Resident Evil survival horror series, promising to revolutionize the series by delivering an unbelievable level of detail, realism and control. A few months back a PC version surfaced in a Capcom release list, which was removed/denied shortly thereafter, but a recent preview in the latest issue of GameStar magazine has the PC edition scheduled for summer (July) 2009.

Set in a universe that no longer needs humans, Space War Commander challenges you to defeat the destroyers of mankind with creative strategy. Now you can conquer galaxies with the power of your mind. In fact, if you want to survive, you’ll have to.

RACE Pro recreates a breathtaking reality giving you the ultimate racing simulation experience with precision physics and handling. Originally planned for Jan, 2009, the game has been pushed a month until Feb. 17th, with a demo slated a month prior to its retail launch.

In Wallace & Gromit's Grand Adventures, you assume the roles of both Wallace and Gromit, and spend each episode exploring a vivid world, assembling intricate contraptions, and getting the duo out of the sticky situations they frequently find themselves in.

Space Empires V completely updates the user interface, and takes the player into a real-time rendered 3D universe. Watch space battles play out in glorious detail with realistic effects.

RACE Pro recreates a breathtaking reality giving you the ultimate racing simulation experience with precision physics and handling.

Russobit-M and GFI newest RTS game Confrontation: Peace Enforcement is a hypothetical conflict of 2009 between Russia and Georgia with an option to choose between the 2 confronting sides – Russia vs Georgia-NATO.

Space Giraffe features uniquely beautiful graphics and 100 levels of lovingly hand-crafted shoot-'em-up action gameplay from the makers of Llamatron and Tempest 2000. Collect power-ups to activate Bonus Rounds and master the strategies necessary to maximize your score on every level!

Space Giraffe features uniquely beautiful graphics and 100 levels of lovingly hand-crafted shoot-'em-up action gameplay from the makers of Llamatron and Tempest 2000. Collect power-ups to activate Bonus Rounds and master the strategies necessary to maximize your score on every level!

In Evasive Space you pilot your rocket ship on a wildly dangerous interplanetary mission to save the stars. You’ll be guiding Konki on timed and collection-based missions through 20 stages of mazes and obstacles in five different environments spanning treacherous terrain including asteroid belts, planetary rings, astro-caves, and large space stations.

RACE Pro recreates a breathtaking reality giving you the ultimate racing simulation experience with precision physics and handling.

GRID takes you to locations over 3 continents to compete in a variety of racing events. Packed with the most powerful racecars - new, classic, circuit and drift - you will compete in urban street races, official racetracks and championships. The premium 8 Ball pack features eight new cars to race and two new online events to compete in.

RACE Pro recreates a breathtaking reality giving you the ultimate racing simulation experience with precision physics and handling.

Quantum of Solace blends intense first-person action with a 3rd person cover combat system that allows players to truly feel what it is like to be the ultimate secret agent as they use their stealth, precision shooting and lethal combat skills to progress.

If you live in the US, you know that the day after Thanksgiving is a huge discount shopping day called Black Friday, and Xbox LIVE Marketplace is taking part throughout the weekend. Starting this Friday, XBL Gold members located in the U.S. can save on select Marketplace offers.

RACE Pro recreates a breathtaking reality giving you the ultimate racing simulation experience with precision physics and handling.

Tomorrow Microsoft will debut a series of eight comedic short films from some of the world’s most renowned horror directors including James Wan (Saw), David Slade (30 Days of Night) and James Gunn (Slither), as well as Season 2 of the The Guild, a web sitcom about a group of online gamers and how they interact online and offline.

Space Invaders Get Even is an upcoming video game by Taito originally intended as a retail release, but will now be released as a downloadable WiiWare game. Space Invaders Get Even puts a twist on the formula by letting the player control the space invaders themselves.