Rumor has it that Electronic Arts will be adding more people to its list of cut employees. The target? Pandemic Studios.

Tech blog Digital Foundry reports that sources "intimately involved with the alliances and deal-making within their sector" have effectively confirmed that Nintendo and nVidia are teaming up for the next DS. The report also mentions that Sony has formed an alliance with IMG for the PSP2, which is expected to be a "technological monster." While neither devices have been flat-out confirmed by both groups, Digital Foundry tosses around some tentative tech specs for the next generation of handheld gaming supposedly leaked by industry insiders.

It seems IO Interactive is keeping quite busy these days. They already got two games in the pipeline -- Hitman 5 and Kane & Lynch 2 -- and now reports are suggesting that there's another new IO title on the way.

It looks like Shiren the Wanderer will be wandering off from the Wii straight to your PSPs. If Japanese retailer Rakuten's catalog is correct, the PSP port of the game will be coming on January 28, 2010.

Nothing official has issued forth from the mouths of Konami representatives yet, but the Silent Hill overhaul, Silent Hill: Shattered Memories (PS2, PSP, Wii), may be facing a bit of a delay. Kotaku reports that listings from online retailers GameFly and GameStop now have the game's release pegged at about a month later than the date it was originally slated for.

The PSP Go remains a hot item this week. Nasayers still think it's going to fall flat on its non-face. Sony, for their part, is busy touting it as a success, throwing out some impressive -- yet ultimately still unsubstantiated -- sales numbers. While the "go or no go" tug of war is happening, unscrupulous types are capitalizing on the new handheld by releasing their own thinly-veiled knock off version. All that and more in the PSP Weekend Warrior.

Those who've gotten a PSP Go and have spent some time tinkering around the XMB may have come across a few folders pointing to expiring games. Since when were games cooked in tomato sauce? Apparently, we may be looking at a yet-to-be-announced feature for the new PSP, which could be pointing to the possibility of digital game rental.

Undead Knights is an upcoming PSP action game from Tecmo. A free demo for the game was released just today as part of the regular Thursday update. Thing is, it seems there was a slight mistake on the part of whoever uploaded it.

Thanks to mallinersha for the tip!

It's been a while since we've heard of any industry-related job cuts, and for some time back there, it looked like everything was getting back on the right track. Then we get this. Square Enix Japan is being rumored to be getting ready to bring down the axe on some 200 to 300 jobs in their company.

First, a disclaimer: this is just a rumor, so get your saltshakers ready. All set? Okay. Rumor has it that Microsoft is gunning for a takeover of video game publishing giant Electronic Arts.