Many would still love backwards compatibility for their Sony PlayStation 3 consoles (even if only previous models were fortunate to have it). This is why a "misleading" PlayStation 3 television ad from PC World implying that it can play all PS2 games have been pulled out. More details after the jump.

Ghostbusters: The Video Game is set to be released across various platforms such as Xbox 360, PS3, Wii, DS, and PC. According to the developers behind the game, they prefer to work on the PS3 version  before they head on to the other versions. Find out the details after the jump!

Developing the horror-survival game Alone in the Dark hasn't been an easy path according to Eden Games' Hervé Sliwa. In a recently released dev diary, Sliwa discusses his inspirations and innovation while making the game as realistic as possible. Five screenshots were also provided. Catch everything in the full article.

The brave little purple dragon is set to fly and conquer multiple consoles once again. Vivendi Games has just announced that they will be releasing the title following The Legend of Spyro: Eternal Night. Legend Of Spyro: Dawn Of The Dragon will be launched this autumn. Along with this announcement, screenshots and artworks were provided. Catch the details after the jump!

This week will no doubt see gamers go ballistic over Rockstar North's highly-publicized and critically-acclaimed title, Grand Theft Auto IV (Xbox 360, PlayStation 3). But this week is not only about Niko Bellic's (mis)adventures, since Mario and the rest of the gang will also start racing off with motorbikes and karts in Mario Kart Wii. This week is pretty much an exciting one, so don't tarry and go to the full article for the complete list of games to be released this week.

Now that Crisis Core: Final Fantasy VII successfully made its way to Sony PlayStation Portable owners, it's difficult to tell if Square Enix would milk the classic Final Fantasy VII further. Looks like another spin-off is not a farfetched idea, and we might even actually get a remake. Take it from the Squeenix producers themselves - details are at the full article.

SCEE is surely singing all the way to the bank with SingStar's success the past fiscal year. It has now been reported that the karaoke videogame has sold another five million units along with one million downloads, raking up their profits to 12 million in sales. To read more, head over to the full article.

The fateful day of being scared out of your wits has finally arrived. The Japanese PlayStation Network website has announced the release of the Siren: New Translation demo, now available on the PlayStation Store. Learn more about this demo after the jump!

Thanks to strong sales of Monster Hunter Portable 2nd G in Japan, the PSP is still going strong on the hardware charts and is now spending its fifth week on top. How did the other platforms do? Find out in the full article.

Just about everyone expects the Xbox 360 version of Take-Two Interactive's and Rockstar Games' Grand Theft Auto 4 (Xbox 360, PS3) to sell better because of the platform's wider install base, but why do analysts think that the marquee release will help Sony's console more than its rival? Find out in the full article.