The move to sack a hefty number of employees may be coming back to haunt publisher LucasArts. There's been word that a disgruntled employee who lost his job is out for a little payback. Information about future releases have allegedly been leaked. Know more in the full article up next.

Sony's PlayStation Experience recently visited India to make a couple of announcements that will make PlayStation 3 and PlayStation Portable fans alike in the region very happy.

Unlike the PlayStation Experience in other regions that are usually composed of roving trucks carrying consoles, the one India had back in November 24 and 25 was a full-blown expo with 32 PS3 units, 14 PS2 units, 18 PSP consoles, and 50 Bravia TV units. More details after the jump!

According to reports a few days ago, the PlayStation phone (or PSP phone, whatever floats your boat) was confirmed in a statement by SCE co-chief operating officer Jim Ryan speaking with The Economic Times of India.

Want to know what Sony has to say? Check the full article.

 

Most people think time is like a river, that flows swift and sure in one direction, but I have seen the face of time, and I can tell you, they are wrong. Time is an ocean in a storm. You may wonder who I really am and why I say this. Come, and I will tell you a tale like none you have ever heard...

Time. That's one iffy subject. When we reminisce about certain events past, we sometimes think about the "what if's" and the "if only's". Well, we were able to explore the idea of turning back time in Prince of Persia's Sands of Time story arc.

Find out what we thought about this second PSP entry in the series.

Corporate crime and malfeasance. It's nothing new (crack open your history book and look up "British East India Company," "Robber Barons," and "The Gilded Age"), and maybe its just that we've noticed it more since the infamous Enron collapse five years ago.

In any event, it's starting to hit home for the gaming community. PS game developer  Take-Two Interactive  is now the subject of a grand jury investigation.  Wall Street analyst Michael Pachter has advised investors to be cautious buying into this company, because the recently issued subpoenas indicate that criminal indictments are not far behind.

"We believe that it is likely that one or more Take-Two employees may be subject to a potential criminal indictment," says Pachter.

T2 Interactive announced earlier this week that the County of New York had issued grand jury subpoenas, requesting several documents from the past five years. It is not currently known if the corporation itself is under investigation, or specific individuals.

"It is impossible to speculate what the specific charges may be given the broad scope of the subpoenas, but we think that there is likely ‘probable cause’ for the New York DA’s office to seek such subpoenas," Pachter adds. "We expect the grand jury investigation to take several months, and if indictments are issued, we believe that final resolution could take as long as two years."