Electronic Arts has complied with the Federal Trade Commission's requirements and has submitted necessary information to allow the government probe against possible antitrust law violations. The company has also promised to take no actions in its takeover quest of rival Take-Two until late August, ensuring that the competition is safe for now. Full details after the jump.

A whole new team of developers is jumping in aboard BioShock PS3 in the form of Digital Extremes. They've got experience, and they've proven themselves to ably deliver the goods. A very positive prospect, don't you think. Read up on this 2K Games-Digital Extremes partnership more after the jump.

Take-Two Interactive, publisher of the record-breaking Grand Theft Auto 4 (Xbox 360, PlayStation 3), has agreed to comply to the Federal Trade Commission's wishes and will send information about its supposed deal with giant Electronic Arts. This means that the commission will now start assessing the US$ 2 billion deal to safeguard against potential antitrust law violations. More in the full article.

This is getting a little old. Electronic Arts has once again extended their buyout offer to Take-Two Interactive for, what... the fourth time now? How many deadlines have to pass before the offer actually dies? Details about the extended offer in the full article.

The PlayStation 3 version of BioShock is definitely coming this year, but the point of discussion regarding its release is when exactly it will drop. The guys over at Take-Two Interactive earlier announced an October launch, but new reports suggest that it will be in stores come early November. What's happening? Details in the full article.

Another roadblock has appeared in the FTC's ongoing probe into EA's hostile takeover bid for Take-Two Interactive. Take-Two has declined to comply with a subpoena and civil investigative demand from the FTC, saying that the new requests are too broad and costly. More in the full article.

EA Sports or 2K Sports? Although EA Sports has the advantage in the number of their franchises, Take-Two head Strauss Zelnick believes that 2K Sports still "outrate[s] them significantly." Quite a claim. More in the full article.

Whoa momma! Er, I mean... Whoa, big daddy? Meh. Anyway, good news, BioShock fans! Did your heart leap when T2 announced a sequel for the first game? Well, better have a defibrillator ready, looks like there's going to be a third installment! Yep, T2's Zelnick has let slip that BioShock is a trilogy (at the least). More in the full article.

The saga continues...at least, when it comes to the Electronic Arts and Take-Two Interactive take-over bid. And in this particular story, Take-Two will still play coy and refuse any advances made by EA. At least, that's what's industry analyst Michael Pachter predicts. More in the full article.

 As expected, stellar sales for Take-Two Interactive's Grand Theft Auto 4 (Xbox 360, PlayStation 3) have powered the company's financial status into the green zone. Serious numbers have been shown in a conference call held by the publisher and BioShock chipped in of good figures. Numbers galore in the full article up ahead.