Microsoft has been holding their cards pretty close since they announced their upcoming Windows Phone 7 series at the MWC 2010.  That will be changing soon at the Game Developer’s Conference this week, where they are all set to unveil their new XNA Game Studio 4.0, which includes support for the Windows Phone 7 series. It will support integration with Visual Studio 2010 and allow developers to make slight modifications to their game to run it on each platform separately ( PC, Xbox, Windows Phone 7 etc. )

Recently, Microsoft have revealed that the Xbox LIVE service is due to be updated soon, and the new update will make it incompatible with first-generation Xbox games. The company has taken great care to ensure their users aren’t left empty-handed from the whole ordeal, though.

The PlayStation Network has been down today, and customers have been expressing severe frustration over the matter. It doesn’t seem to be an issue with the downtime itself, as much as the fat that Sony still haven’t made an official statement on the matter.

The third DLC pack for Gearbox’s shooter Borderlands will soon hit the market, according to an announcement made by Gearbox and 2K Games. The DLC will be called “The Secret Armory of General Knoxx” and will be available for download through the Xbox LIVE system in about one day.

Serious Sam HD got delayed for the Xbox 360, but it seems the fans of the muscular gun-loving guy are soon going to get to enjoy his adventures on their console. Devolver Digital, the developers behind the title, announced that Serious Sam HD: The First Encounter will be made available on Xbox Live Arcade on Wednesday, January 13.

Yesterday at CES, Microsoft revealed the “Game Room”, which will be a virtual marketplace for classic old games. The service will be launched on Xbox Live and Games for Windows Live during the spring.

The thirteenth installment in the legendary Final Fantasy series will be released next spring, and Square Enix have revealed some of the differences between the game’s PS3 and Xbox 360 versions.

The long-awaited patch for Infinity Ward’s Call of Duty: Modern Warfare 2 is imminent, according to the developer. The patch addresses a serious exploit in the game, discovered some time ago, which allowed users to gain significant advantages in online games. The patch is dubbed the “Javelin Patch” by many gamers because of this exploit.

Ubisoft just recently announced that Assassin’s Creed II will receive two add-ons in early 2010. Today they’ve also revealed an upcoming patch for the game, to be released for both the PS3 and Xbox 360 versions during this week, starting today for the PS3.

In case you are not a gamer, you may not have heard the name Assassin’s Creed, Ubisoft’s bestseller action-adventure game released back in 2007. The game follows the protagonist’s ( some poor bartender dude kidnapped by a big corporation ) “genetic memories”. In effect you play as this Assassin named Altair, and the game itself takes place during the Third Crusade in the Holy Land in 1191. The game received great reviews and even won several awards. It had become, and still remains “the fastest selling video game intellectual property ever in the US”

Assassin’s Creed 2 is Ubisoft’s sequel to the first game, and sets out to address several problems found in the first one. It released on the Xbox 360 and PS3 this Tuesday, and though not up to the mark of CoD: Modern Warfare 2, still got some awesome sales figures of $100M + USD by selling over 1.6 million copies in the first week. This does give Ubisoft, and the video game industry in general, something to smile about. The sales beat the expectations of most analysts who had even said that Ubisoft wouldn’t achieve their sales target due to the condition of the economy.