Retron writes: Sony is to close its LIverpool studio, formerly known as Psygnosis. The studio created games such as Lemmings, Shadow of the Beast and Wipeout.
A statement posted on Kotaku said "It has been decided that Liverpool Studio should be closed... by focusing our investment plans on other studios that are currently working on exciting new projects, we would be in a stronger position to offer the best possible content for our consumers."
Retron writes: Reports are appearing on the Web of the PS3's successor, tipped for a late 2013 release. Backwards compatiblity with the PS3 is said to be non-existant, with the platform being based on an AMD x64 CPU with a Radeon 7xxx "Southern Islands" GPU. Furthermore, it looks like draconian controls will be put on games, all but snuffing out second-hand sales.