AFP - The world's largest videogame company is continuing its quest to buy "Grant Theft Auto" publisher Take-Two Interactive Software despite repeated rejection of a two-billion-dollar offer.

Reuters - The video game industry is expected to shoot from $41.9 billion in global sales last year to $68.3 billion in 2012, a compound annual growth rate of 10.3 percent and better than all other media sectors except for online advertising and access.

Reuters - New Line is putting "Gears of War" in motion, setting Len Wiseman ("Live Free or Die Hard") to direct the video-game adaptation.

AFP - Sony Ericsson, the Swedish-Japanese phone maker, on Tuesday unveiled a Wii-like handset which allows users to play games using the phone as a motion sensor.

Reuters - Video game publisher Electronic Arts Inc on Tuesday again extended its $2 billion takeover offer Take-Two Interactive Software Inc but the smaller rival rejected anew the bid as too low.