Already rumored several months ago, EA today announced that it has entered into an agreement to acquire Virginia-based Mythic Entertainment, known for Dark Age of Camelot and currently working on Warhammer Online: Age of Reckoning. Upon completion of the acquisition, Mythic Entertainment will become EA Mythic, a wholly-owned studio dedicated to developing MMORPGs.

According to Reuters, IBM has developed a transistor that is capable of reaching 500 gigahertz, which is 100 times faster than the highest-end PC processors being sold today. Instead of shrinking the size of the transistor, IBM altered the silicon by adding the element germanium. Ahoy captain, super-fast computers and wireless networks on the horizon!

EA's latest football title, NCAA Football 07, comes loaded with new features such as Student Athlete mode and ESPN Radio, on top of the usual Dynasty Mode.

Today, Big Screen Entertainment Group announced that it has already begun the first phases of developing Xbox and PlayStation console video games, while also creating mobile and PDA content.

Minnesota Governor Tim Pawlenty has signed a violent video game bill into law as SF 785. Under the law, which goes into effect on August 1, 2006, minors under 17 who rent or purchase M- or AO-rated games will be fined $25. Additionally, retailers will be required to post a sign notifying customers of this practice.

Ubisoft today revealed the first details and screenshots on the multiplayer modes of Dark Messiah of Might and Magic. The multiplayer modes are developed by Kuju Entertainment, and the game is scheduled for release on PC in September 2006. Read more for screenshots and details ...

Symantec sued Microsoft on Thursday, accusing it of breach of contract and misappropriation of intellectual property in its incoporation of Veritas technology in Windows Vista. Symantec acquired Veritas last year and is seeking an injunction that would prevent further development, sale or distribution of Vista.

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:

• Belief & Betrayal - E3 2006 Trailer
• Hitman: Blood Money - Guns Trailer
• Adrenalin 2: Rush Hour - E3 2006 Trailer
• Medal of Honor Airborne - E3 2006 Trailer
• Naruto: Ultimate Ninja [PS2] - Trailer
• Unreal Tournament 2007 - E3 2006 Trailer
• 
  
  We will update this throughout the day when new trailers become available. Read more for download links ...

Microsoft has filed a countersuit against Lucent Technologies, contending that Lucent infringes upon several Microsoft patents. Lucent originally filed suit against Microsoft this March, alleging that Microsoft was misusing Lucent's patented technology for decoding MPEG-2 video files in the Xbox 360.

Hong Kong director Stanley Tong, best known for his work on Jackie Chan films such as Supercop, Rumble in the Bronx, and First Strike, is in talks to bring the Eidos' Fear Effect to the big screen.