Take-Two Interactive told stockholders at a recent meeting that the buyout offer from Electronic Arts wasn’t good enough. Not that they’re not for sale, it’s just going to cost a potential buyer a bit more than $2 billion. The publishers of Grand Theft Auto want to wait until April 29 for the latest iteration of their flagship series. . .

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Commenting on the news that Take-Two’s Board has unanimously rejected EA’s buyout offer, Wedbush Morgan Securities analyst Michael Pachter said that he believes Take-Two’s strategy is “ill advised” and that the company has made a mistake by dismissing EA.

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Take-Two chairman Strauss Zelnick, speaking at the 2008 Smid Cap Conference today, is explaining why his company is rejecting EA’s offer to purchase the company for $26/share. In the process, he is detailing Take-Two developers’ past successes, current projects and future opportunities.

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While the security issue has since been rectified, a small percentage of users may have had their account compromised. Sony is directly contacting individuals that may have been affected by the incident and is urging all users to log-in to the service. If your pre-set password works, then your PSN account was not compromised.

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The Consumerist is reporting that Microsoft is making good on re-licensing downloadable content for Xbox 360 owners who got replacement machines. Finally.
At issue is the fact that the Xbox Marketplace’s content is tied to each Xbox’s serial number. When you make a purchase the Marketplace checks your serial number and generates a license.

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The next batch of free content for the PC edition of Team Fortress 2–including the new Goldrush map, unlockable weapons, and Meet the Scout video–is slated to arrive the week of April 20, Valve has informed Shacknews.

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A potential bombshell has been dropped by EA audio director Aubrey Hodges. In an interview with Louis Bedigian of Gamezone, Hodges seems to suggest that John Madden may not be one of the game announcers in Madden 09.

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After 100,000 copies of the Glider Bot have been sold, Blizzard goes after the creator in court to shut down players using the bot to avoid actually playing a game. After all, why would anybody want to sit and play a game they purchased (and pay for each month)?

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The title says it all…

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X3F presents an extensive image walk-through of the new updates on Xbox.com

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Microsoft has taken action against numerous cheaters on Xbox Live who have been manipulating their gamerscore. The actions include resetting the gamerscore of these people to zero, removing their ability to regain all previously gained achievements, and labeling them as a cheater on Xbox.com and in the Xbox dashboard.

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Bethesda’s Todd Howard recently revealed some new tidbits, including the boggling new number of endings available.

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After the whole ordeal over the lack of Dolby Pro Logic II on the Wii version of GH3 Activision has begun sending out free face plates to customers who had their game disc replaced.

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Development costs could reach upwards of $50 million.

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On top of supporting BD-Live online content, PlayStation 3 firmware 2.20 will also carry a Portable Copy function. This allows you to convert Blu-ray movies and transfer them to your PSP!

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