Today's News:
1) Sony is currently rumored to be working on a firmware update for the PS4 to allow digital PS1 and PS2 games to be playable although neither will be included in the upcoming Playstation Now service. Sony is also rumored to be remastering the visuals of these games to be native HD instead of just simply upscaling them.
http://www.eurogamer.net/articles/di...heading-to-ps4
http://www.screwattack.com/news/rumo...-playstation-4
2) Microsoft states the next game in the Gears of War series is currently in development.
http://www.destructoid.com/new-gears...t-269709.phtml
3) Nintendo's president Satoru Iwata stated as a result of the recent poor financial news from the company, he will be personally cutting his salary by around 50% for the next 5 months with other high level executives getting a 20%-30% cut.
http://www.egmnow.com/articles/news/...r-wii-u-sales/