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Take-Two Interactive Software, Inc. today responded to Electronic Arts Inc.'s announcement that it is extending for a fourth time its unsolicited conditional tender offer to acquire all of Take-Two's outstanding shares. As reported by EA, only 6,139,824 (7.9%) of Take-Two's outstanding shares were tendered to EA. [read more]

Championship Gaming Series (CGS), the only worldwide professional video gaming league, today announced an exclusive deal with G4 Media that brings broadcast programming of the league’s competitions to United States cable television for the first time. G4 will air four 90-minute episodes starting July 16. [read more]

Gamers are being told that they will command the forces of nature in “Elements of Destruction” and dive into a family-friendly underwater adventure with “Sea Life Safari,” both launching on Xbox LIVE Arcade this Wednesday, June 18, 2008 at 9:00 a.m. GMT (1:00 a.m. PDT). Hit the jump for more details on the games. [read more]

Deer Hunter - the biggest hunting game franchise of all time - takes dead aim at gamers once again as Atari, Inc. launches "Deer Hunter Tournament" for the Xbox 360 video game and entertainment system from Microsoft this fall. DHT is designed to create a massive network of Deer Hunter players via Xbox Live. [read more]

The latest in a growing string of space shooter titles to grace Xbox Live Arcade changes things up, by offering a sideways look at side-scrolling shooters. Rather than the usual left-to-right or top-to-bottom non-stop spaceship blasting, Aces Of The Galaxy puts the camera behind your ship; giving you a third-person view of what the cockpit sees. Despite the shiny new camera angle and flashy graphics, the title feels as though it was raised by old school games, and then forgot where it came from. [read more]