All the latest gaming news. PC, PS2, PS3, Wii and Xbox 360

You did watch the Street Fighter X Tekken debut trailer?
Apparently, Japanese gaming mag Famitsu reports that the game won’t be out for another two years. That puts Street Fighter X Tekken sometime in 2012.
Andriasang has some hot new screenshots and details on the game. Check it out.

EA has finalized the box art for Dead Space 2 which you can view below [...]

Previously, we reported that Sony posted a Q1 2010 profit of $342 million.
Here are the updated data.
Global PS3 hardware sales stood at 2.4 million for the quarter, a rise of 118 percent compared to the 1.1 million sales the machine managed in the same period last year.
Worldwide PS3 hardware sales now stand at 38.1 million, [...]

Nintendo’s shown big drops in both profit and sales for the period ending June 30, with the company making a loss for the period.
Sales were down 25.6 percent for the quarter, dropped to ¥188.6 billion from ¥253.5 billion in the same period last year.
Operating income dropped 42.2 percent, down to ¥23.3 billion from ¥40.4 billion [...]

Ouch, it must hurt being Capcom.
The Japanese company reported that net sales decreased to 19,037 million yen (down 2.4% from the previous year). As for profits, operating income decreased to 1,005 million yen (down 72.6 % from the previous year), and ordinary income decreased to 216 million yen (down 94.8 % from the previous year). [...]

Analyst firm Forecasting & Analyzing Digital Entertainment, which specializes in the digital download market, has issued a financial report on Xbox Live Arcade, showing the Microsoft division earning $46M so far in 2010.
This leads FADE to suggest XBLA is on track for a record year, despite the slow start in January and February, when sales [...]

According to Japanese publication Nikkei (via ABS-CBN), Sony’s set to announce a first quarter net profit of 30 billion yen ($342 million) thanks in large part to “aggressive cost-cutting.”

Valve’s anti cheat software mistakenly banned legit Modern Warfare 2 players from playing online.
Well, Valve was so sorry in fact that they gave two copies of Left 4 Dead 2 to those affected, one to keep and another to give as a gift via Steam.
“Hello, recently, your Steam account was erroneously banned from Call of [...]

Check out a new behind the scenes video of Dragon Age II.
The video, courtesy of GameInformer, details how video, audio, and animation are coming along, and takes a closer look at the evolving combat gameplay.

Sony has rolled out the latest PS3 firmware update 3.41
You can download them from the links below:
PS3 Firmware Update 3.41 (US region)
PS3 Firmware Update 3.41 (EU region)
Two new features has been added:
* Automatic Funding for the subscription service (PlayStation Plus) can now be found under Account Management .
[...]

The first Alan Wake DLC, dubbed The Signal, is now available for download via Xbox Live.
The DLC will cost you 560 MSP.
If you bought Alan Wake on day one, you got a code which will let you download the DLC for free.
Check out The Signal gameplay video below:

It’s all in the land of rumor-ville, but VG247 says that GTA V will be set in Hollywood.
VG247 doesn’t cite any sources.
However, a source close to Eurogamer has told that GTA V will indeed be set in Hollywood.
Stay tuned.

The ending of Halo 3 kept you longing for Master Chief.
And return will Master Chief in a future Halo game, according to 343 Industries.
343 Industries boss Frankie O’Connor told a panel at Comic-Con 2010:
“We’d have to be the world’s biggest assholes not to follow through,” said O’Connor.
“We certainly haven’t seen the last of Master Chief.”

Rumor has it that Digital Extremes are developing The Darkness 2.
This has been leaked with the CV of Emmanuel Pappas mentioning the developer.
The original developers of The Darkness, Starbreeze is not involved with The Darkness 2.
Digital Extremes developed the multiplayer portion of BioShock 2, and helped Epic with their unreal games.