The Playstation 3 slim rumor is one of those rumors that just won’t go away. New pictures and information provided by usual “industry sources” that a new PS3 form factor may be on track for a release this month, along with a long expected price cut. Both rumors seem very credible, especially since Sony has to cut the PS3’s price and since it can shrink the size of the PS3 box due to a much less power-hungry Cell BE processor.

A veteran industry analyst has predicted that Nintendo will continue to dominate the global console market. According to Michael Pachter, the Wii's low price point, "innovative" controller and compatibility with standard definition television sets are likely to provide it with a "competitive advantage" over the next two years.

As we are hearing more and more stories about flaws in “Green Dam” censorware, a software that is required to be installed on all computers sold in China beginning July 1, it is reported that Sony is already shipped PCs with the software, which is designed to filter “unhealthy” content.

Sony is believed to be developing a new phone which would compete with the iPhone while offering gaming on the move.

Sony is reportedly planning a major Playstation 3 firmware update. According to VG247, PS3 Firmware 3.0 will offer a "completely new system" for the console. The update - described as a "huge overhaul" - was compared to the NXE (New Xbox Experience) "in some respects."