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Capcom is committed to developing products for all three next generation console platforms, board executive Kazuhiro Abe told Bloomberg Japan this week, despite the company's recent mixed fortunes.

Microsoft's efforts to tie the Windows PC and Xbox platforms closer together have moved forward once more, with Windows Gaming boss Dean Lester revealing that Xbox 2 peripherals will work on PCs.

Xbox 2's online service could feature a spectator system, perhaps called Xbox TV, allowing gamers to watch ongoing matches and view highlight reels, Microsoft announced to the world this week - seemingly by accident.

Microsoft VP Peter Moore, head of the company's worldwide marketing and publishing for Xbox, has told a Japanese business publication that the firm's next console will not repeat the mistakes which were made with Xbox in Japan.

Electronic Arts' CFO Warren Jenson has told an investment conference in the USA that the company currently expects the Xbox 2 and PS3 to launch within six months of each other, in a window beginning in late 2005.

The Consumer Electronics Show has confirmed that Microsoft chairman Bill Gates is set to give a pre-show keynote speech in Las Vegas on January 5th next year - with a public announcement of Xbox 2 widely expected.

The development hardware for Microsoft's Xbox 2 is moving closer to the final specification of the console - with key technology partner ATI reported to be ready to roll out the R500 graphics chipset which will power the system.

Digital Illusions' Swedish studio is working on two next-generation console titles, the developer revealed in a financial statement released today, and both games will be published by Electronic Arts.

The next-generation Xbox console may come in three different versions, according to a report today which claims that the firm plans to launch versions with and without a hard drive in 2005, and a fully functional PC / Xbox 2 combination in 2006.

Early details of Electronic Arts' plans for the next generation of consoles have emerged today, with Digital Illusions' Battlefield: Modern Combat confirmed to be on its way to Xbox 2, as is Criterion's Black.

Junji Nakamura, president of Japanese publisher Tecmo, has slammed Sony's plans for the PlayStation 3, accusing the firm of allowing its ambitions in the home appliance space to overshadow its commitment to games.

Electronic Arts chief financial officer has told a US investment conference that the next-generation home consoles will feature wireless hubs, effectively putting wireless network access into millions of homes.

Microsoft chairman Bill Gates' preconference keynote address is set to open the Consumer Electronics Show in Las Vegas tomorrow, but it now looks highly unlikely that the expected Xbox 2 announcement will be made in his speech.

A Microsoft patent approved in the USA on December 30th may cover a number of key elements of the Xbox 2 architecture, including the multi-processor system which can be used to generate geometry on the fly.

Microsoft chairman Bill Gates used his keynote address at this year's CES trade show to announce various initiatives in music, photos, movies, television and communications, but made no mention of company's next-generation Xbox 2 platform.

Microsoft chairman Bill Gates has spoken in an interview about the company's ambitions for Xbox 2, stating that the next-generation console's goals are to broaden the market and offer more multimedia functionality.

Developer Monolith is working on a next-generation console title using the hugely impressive technology behind its PC first-person shooter F.E.A.R, director of technology Kevin Stephens more or less admitted in Paris yesterday.

EA boss Larry Probst wouldn't be surprised to see next-generation console games retailing for more than current high profile titles. "It would not surprise me to see selected titles carry a higher price point on new-generation consoles, at least initially," he told analysts and investors in the usual post-results conference call this week.

While internet news sources today have reported that Microsoft is readying to launch its next generation Xbox hardware in America and Europe in the fourth quarter of this year, Eurogamer has learnt that the specific timing for the machine's roll-out is late October or early November, and merely weeks after the US launch. The exact date is yet to be solidified.

Microsoft's next-generation home console has been designed to use wireless controllers by default, according to online reports which have been confirmed to GamesIndustry.biz this morning by developers working on titles for the system.

Microsoft's next-generation Xbox console is set to feature a removable hard drive bay, according to online reports today, which will allow users to upgrade their entry-level systems to include mass storage capabilities.

Microsoft Game Studios has gained significant ground in its battle to establish itself in Japan this week with the announcement that Hironobu Sakaguchi, long-time director of the Final Fantasy series and Japanese development legend, will lead the creation of a pair of Xbox 2-exclusive role-playing games.

Hironobu Sakaguchi has revealed a few details about the two RPGs that his development studio Mistwalker has signed on to produce for Xbox 2.

Last week Microsoft revealed that it had tempted Hironobu "Father of Final Fantasy" Sakaguchi to commit his Mistwalker studio to develop a pair of Xbox 2 RPGs. Today, the company took another step toward boosting its stock in the Far East by announcing that Yoshiki Okamoto, president and CEO of Game Republic, and the near-legendary Tetsuya Mizuguchi, of Q Entertainment, have both signed on to produce exclusive titles for the next-generation Xbox platform.

Microsoft's newfound troika of Japanese development heroes will be given total creative freedom in bringing their ideas to Xbox 2 according to Microsoft Game Studios general manager Shane Kim.

Video footage of the keynote and screenshots of Xbox 2's "Guide" are now available elsewhere on the site.

A video recording of J Allard's GDC 2005 keynote, in which the XNA chief spoke of Xbox 2's "High Def" future and identified key elements of Microsoft's next-generation strategy, is now available from Eurofiles.

Eidos says the extra development time allotted to Crystal Dynamics' first stab at the Tomb Raider series will allow for additional versions to appear on PlayStation Portable and Xbox 2.

Higher game prices for the next gen consoles you say? This is so predictable.

As the Xbox shortage continues to cause problems for UK shop owners, trade publication MCV has revealed that Microsoft will supply Europe with one million Xbox 2s by Christmas.