EA announced that one of its wholly owned subsidiaries has commenced a tender offer for all of the currently outstanding shares of common stock of Take-Two for $26 per share in cash, making a total offer valued at approximately $2 billion, representing a 64% premium over Take-Two's closing stock price.

Announced yesterday and re-imagined for an even more intense arcade shooter experience, Assault Heroes 2 expands its horizons into outer space, featuring hijackable enemy vehicles, many more levels and an enhanced cooperative gameplay mode.

Despite rumors and rumblings that Microsoft has been in talks with Sony to add Blu-ray support to the Xbox 360, with even Microsoft CEO Steve Ballmer recently stating it will support Sony's standard, it may all be just smoke and mirrors. In a recent interview Group Marketing Manager for Xbox Aaron Greenberg made it clear "Xbox is not currently in talks with Sony or the Blu-ray Association to integrate Blu-ray" and may instead be putting its focus on "digital distribution of entertainment content."

Mangled Eye Studios has revealed its first project, a Quake III powered FPS Dark Salvation. You take on the role of a young dead woman who has been sucked into the underworld and is now possessed by a deadly object, allowing her to cast magic according to each weapon she yields. There are plenty of levels, secrets, monsters and secret weapons to explore, find and fight.

Sony has released a new v2.17 edition of its PS3 system software, but despite the recent hints at a possible in-game XMB/Home update this new version seems rather anemic as it only "improves the operating stability of some online PS3 titles."

Set in World War 2, Velvet Assassin is a 3rd person shooter combining intense battles with guerrilla missions, featuring extensive stealth elements and challenging puzzles.

World under Siege: European Front is a classic WWIII turn-based strategy which focuses mostly on battles and tactics, therefore the game will feature a limited amount of micro-management, enough to add another dimension of game play, while not boring the player at the same time.

In the bold and often-bloody Dead Space, developed by EA's Redwood Shores Studio, gamers will step into a third-person sci-fi survival horror experience that promises to deliver the ultimate in psychological thrills and gruesome action.

Eidos announced Looney Tunes: Cartoon Conductor, a rhythm action game that puts you in charge of an orchestra that conducts the music to your favorite Looney Tunes cartoons.

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:

• Tom Clancy's Rainbow Six Vegas 2 [ALL] - Night Vision Trailer
• Viking: Battle For Asgard [PS3/X360] - Trailer (2)
• Teenage Zombies: Invasion of the Alien Brain Thingys! [NDS] - Trailer #3
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  We will update this throughout the day when new trailers become available. Read more for download links ...