Rumors of a new Syndicate game from Electronic Arts is true, according to sources close to GamesIndustry.biz. The project is given the working title Project Redlime, and will be released on the Xbox 360, PlayStation 3, and PC. EA has yet to give official confirmation.

Because it's turning out to be a slow news day in the wild, wild world of video gaming, we're following up on a rumor - with another rumor.

You guys remember Syndicate? The cyberpunk game of yesteryear? An anonymous source popped up last week to say that a new Syndicate game was in the works. This week, another one chimed in to say that it is "definitely" in the works.

Anybody here remember Bullfrog's classic tactical game Syndicate? If you've ever played any of the games in the Syndicate franchise and loved it, then here's some good news for you.

For those of us who had their curiosities piqued by the unveiling of 50 Cent: Blood on the Sand (Xbox 360, PS3), then here's an info overload update courtesy of Swordfish Studios' own Julian Widdows. See what sort of gameplay we'll be looking forward to, and what kind of violence we'll be knee-deep in at the full article.

Unknown to everyone, Peter Molyneux has been at the fore front of independent game development in the UK ever since most of today's gamers are not yet, well, gamers. However, the recent Microsoft buyout of Lionhead Studios has placed this legendary developer and his company under the scrutiny of fans and the whole of gaming world.

Microsoft may just be in luck with their recent move. Aside from the talented and hardworking people at Lionhead Studios, Microsoft is also getting new titles from Molyneux. The developer pointed out that his team's been working on a sequel to Fable and developing unique concepts and fascinating prototypes before the buyout.

As much as the those in the know are concerned, Lionhead Studios is known for its keen and meticulous eye on detail, not very much on profit and mass marketing. A thought regarding this is put to order now that Microsoft, a big multinational franchise, owns the said indie game studio.

When asked about this, Molyneux quips, "What I can say for certain is that Microsoft wants us to create games which will get the whole world excited and to spend time on polishing a game till it shines, although in saying that, we still intend to be as professional as we can be."

Further more, Molyneux divulges certain plans of making a sequel to Syndicate as well as other old familiar games. As according to him, aside from licensing complications, this will be very popular to gamers especially now that consoles are continuously evolving.

And as a new member of the Microsoft Company, Molyneux has some words to say, more of a comment maybe if not a challenge to their rivals: "Nintendo has done a great job of convincing us that next gen is about game play rather than high-tech specs. Microsoft has done an incredible job of expanding games online and making them more mass market. Sony, in my view, seems it has been rather more lazy with their message. How all this pans out really depends on one thing and that is the brilliance of the titles that appear on each platform over the next two to three years."