In a Feb 13 filing with the SEC, Infinium Labs revealed several details about its rather poor financial state. In the filing, Infinium revealed it does not have enough cash and needs to raise $1.6 million in additional funds immediately, or assets may be foreclosed upon by secured lenders, or operations could completely cease. As a result, the Phantom Game Service has been put on hold to rush out its Phantom Lapboard. Infinium Labs is also moving at the end of the month, as they have been unable to pay rent on its office for several months and are being evicted.

Several weeks back Activision issued a statement promising a new CoD2 patch would be due in early 2006. A news post on the official Infinite War forums, however, seems to reveal a serious issue with the Punkbuster implementation, "... IW are having problems with Punkbuster and can't get it working with the DX architecture. So, the promises of early 2006 have now some what been shattered and it is very doubtful we shall get an official statement from IW regarding what is happening now."

Today Ubisoft and Shaun White, snowboarding halfpipe Gold Medalist in the 2006 Winter Olympics in Turin and six time X Games Gold Medalist, announced an exclusive worldwide agreement to create video games inspired by White's world-famous snowboarding style.

Panzer Elite Action is a fast-paced WW2 action game that lets the player feel the power of 30 tons of steel armor around them and gives them the ability to command increasingly powerful tanks in a series of intense and dramatic battles.

Test Drive Unlimited challenges players online to experience the most exotic and fastest vehicles on more than 1000 miles of diverse Hawaiian roads. Gamers win races, challenges, missions and tournaments to earn credits and purchase new cars, bikes, rare performance parts, clothes, apparel, homes and garages.

Lionhead has released the promised first patch for its just released strategy sim Black & White 2. This update brings your retail game to v1.2 but no details are available at this point as to what exactly it fixes. Read more for download links ...

Collect the ultimate in PGR kudos by winning a place in the virtual racing event of the year, the first ever PGR100, fuelled by Xbox Live. Events held throughout Europe in Feb/March will determine 100 gamers who have earned a place in the coveted PGR 100. Read more for details how to enter...

Rise of Nations: Rise of Legends immerses players in a unique new fantasy world embroiled in an epic war between the forces of Magic and Technology. Gamers fight through towering cities, flame-swept deserts and brutal ice plains in battles filled with mystical creatures, devastating machines and incredible acts of magic. Check the freshly launched Rise of Nations: Rise of Legends website.

Operation Flashpoint: Elite retains all the depth and immense content of the original and takes you right into the heart of a gripping Cold War conflict between NATO coalition forces and a renegade Soviet Red army faction. The game's intense campaigns and solo missions deliver deeply believable military situations and gives you complete freedom to handle any flashpoint on your own initiative.

Test Drive Unlimited challenges players online to experience the most exotic and fastest vehicles on more than 1000 miles of diverse Hawaiian roads. Gamers win races, challenges, missions and tournaments to earn credits and purchase new cars, bikes, rare performance parts, clothes, apparel, homes and garages.

Test Drive Unlimited challenges players online to experience the most exotic and fastest vehicles on more than 1000 miles of diverse Hawaiian roads. Gamers win races, challenges, missions and tournaments to earn credits and purchase new cars, bikes, rare performance parts, clothes, apparel, homes and garages.

Nintendo Japan announced today it will launch a high-end version of its Nintendo DS portable game machine on March 2 in Japan, which will be thinner and lighter than the existing model. The Nintendo DS Lite will be sold for 16,800 yen ($145) versus 15,000 yen for the existing model, and weighs 218 grams compared to 275 grams for the Nintendo DS.

Adjust the weight and balance to win your game! The Logitech G5 Laser Mouse gives you the edge with a 2000 dpi laser engine sending out an astounding 500 USB reports per second for precision response at blinding speeds. We got our hands on the G5 mouse, loved it so much that we met up with Logitech's Sr. Product Marketing Manager Erik Charlton to ask a few questions.

Konami and Internet Initiative Japan today announced that the both companies agreed to establish a joint venture company, Internet Revolution Inc., for operating comprehensive portals sites.

GameTap announced that it has entered into a marketing agreement with Logitech, offering Logitech customers a free two-week trial of the GameTap service, along with a special discounted rate for the first three months of subscription.

Ubisoft today announced the launch of the official AND 1: Streetball website, scheduled to ship for the PS2 and Xbox in March 2006. Visitors will be updated regularly with new details and game info, exclusive music tracks, screens, highlight clips from real life AND 1 MixTape Footage, wallpapers, videos and plenty more.

Koch Media/JoWood have released a playable demo for Zootfly's WW2 based tank game Panzer Elite Action, featuring a specially crafted demo mission which does not appear in the game itself, mission zero. You play the commander of an allied platoon and you have to attack enemy tanks, fortifications, 88s and other German held positions.

Wednesday January 12th, 20-year-old Muscovite Alexander Koptsev hospitalized eight people, four of them in severe condition, as a result of an incident in one of Moscow's synagogues. When asked about the goal of his visit to the synagogue, the youngster answered: "I came here to kill." In a statement Alexander's dad said his son played a lot of video games, in particular Runnng Wih Scissors' Postal, in which a postman, who suddenly snaps, starts out with a knife and starts killing people.

EA has launched the official BLACK website, Criterion's FPS, offering you the latest news, screens, movies, plus a link to a pre-order campaign allowing gamers to unlock the BLACK’s massive BFG. Each section also allows gamers to test drive a different weapon from the game, with an explosive point-and-shoot interface. Lock and load!!

THQ today announced Nicktoons Unite! for the NDS has shipped to retail outlets throughout North America. Nicktoons Unite! allows gamers to play as the stars from some of the most popular Nickelodeon TV shows, including SpongeBob SquarePants, Timmy Turner (from the Fairly OddParents), Jimmy Neutron and Danny Phantom.

An in-house 3D Realms interview with former Apogee developer Jim Norwood (known for Shadow Warrior and Bio Menace) reveals the juicy bit that he is currently working on an RPG for EA, Lord of the Rings: The White Council. After The Third Age, this would be EA's second attempt at developing an RPG set in J.R.R. Tolkien's Lord of the Rings universe. While there are no details, The White Council is mentioned in the trilogy as a body formed to prevent Sauron from obtaining the One Ring, and includes Gandalf but also Saruman before turning evil. Now that the cat is out of the bag ...

Spring 1945: World War 2 is drawing to a close and the Russians and Germans are caught in a furious battle for a devastated Berlin. The cold war starts... As a sniper, recruited by the OSS (former CIA), it is the beginning of a lonely stealth mission in the Russian territory.

Travel throughout the United States, Canada and exotic Africa to lock your sights on the prey of a lifetime. Unique action-packed missions will get your quarry running and your heart pumping. In 2005, Arush the game's publisher/financier, went into recievership along with its parent company Hip Interactive, so the future of the game looks rather bleak.