Sony Playstation GamesCom Press Conference is today! | Breaking News (UPDATE)

Today may not feel like any special day, but across the Atlantic, in Cologne, Germany, there's a new Games festival, called Gamescom. Open to everyone, tomorrow marks the premier of the new gaming convention and some of the biggest names in gaming are there to dish out the news.

First up is Sony's Press conference, beginning right now! Stay tuned to the site for updates of Sony's platform as we get them in. Rumored is the new PS3 Slim, and price drop. Oh, I, wish...

Stay tuned...

[UPDATE] You can follow along with our friends over at Kotaku in there live-blog. Check it out here

Check out our YouTubes!

We've been busy as of late, uploading a ton of videos to our youtube page. You should check it out, you say, and then you do. See, all you need to do is point your browser to http://www.youtube.com/user/3fiddy and you can see all the videos we currently have.

But wait, there's more!

We'll be uploading new, breaking videos as they are received specifically for you, our beloved audience! There has to be at least 10 of you by now, right? RIGHT? (*cricket) - Alright, just kidding...you should definitely check it out at your earliest convenience, that is, we wouldn't want to inconvenience you.

XBLA Wednesday | OutRun Online Arcade

So you're at your local Peter Piper Pizza and you hear the familiar call of the 8-player Sega classic, OutRun. You grab a few of your good buddies, all plop in a couple of tokens, and go head-to-head-to-head (you get the idea) in an 8-way race to the death! Well, really everyone lives, the winner just gets a free race and all the tickets to trade in for awesome prizes!

You want to replicate this truly mesmerizing arcade experience at home? Now you can with SEGA's OutRun Online Arcade! With Xbox Live, you can experience multiplayer-gameplay racing 10 Ferraris on 15 challenging courses. Do the math, and that's 150 possible racing combinations and permutations!

Download the game with your points - 800 of them. And check out the screens below

Squenix is buying Lara Croft!

In a not so surprising move, Square Enix has been given the green light on their buyout of Eidos. In a meeting today, over 85% of the shareholders accepted the bid offered by Square Enix at 32 pence per share. Personally, I find it a little interesting that the Final Fantasy house, will take over the Tomb Raider, and Hitman franchises (to name the biggest hits). Will a Japanese Publisher be able to improve on these games with such an established legacy? Or will they start by giving Lara some spiky hair?

All joking aside, this is actually good news for fans, as too many developers have had to close their doors as of late, and that doesn't help any of us.