The 
PlayStation 4 represents more than just the next generation of gaming for Sony. It could be the flag bearer for the next generation of the 67-year-old company itself.
Sony CEO Kaz Hirai (who formerly ran the PlayStation division) has made it clear that he sees the console as one of the tentpole units that will lead the company back to prosperity. And early indications are that it plans to do that by changing the closed gate philosophy Sony has clung to for so long.
Microsoft 
spent over an hour and a half showcasing the Xbox One and the many games that will launch with the new console—but only one moment made the entire crowd gasp.
Phil Spencer, general manager of Microsoft Game Studios, announced Monday that Microsoft’s next generation console would be available in November—at a price of $499. And almost immediately, the air went out of the room.
Game. 
Set. Match?
Sony did something very un-Sony like at its E3 press conference this year: it went into ferocious attack mode, identifying every one of the Xbox One’s perceived weaknesses and exploiting them.
And in the process, it earned some new fans. Lots of them.
The 
next generation consoles won’t be out for another five months – but a price war is already brewing.
Sony announced a $399 price point for the PlayStation 4 at a pre-E3 press conference, $100 cheaper than Microsoft’s Xbox One.
The 
next generation isn’t going to be cheap — but it’s going to be cheaper on the PlayStation 4.
On the heels of Microsoft’s announcement that the Xbox One would be priced at $499, Sony has confirmed that the PS4 will cost $399, a full $100 less. It’s due out this holiday.
Will 
Santa come before Christmas this year? Game makers certainly hope so.
As publishers and console makers in the video game industry gather in Los Angeles for E3, their annual trade show, sector players are looking for a lift ahead of the holidays.
E3, 
the annual video game extravaganza, has mostly been a closed gate. Industry insiders can attend, as can media and retail partners, but the heart of the industry, the gamer, has been forced to watch from afar.
The Entertainment Software Association hasn’t changed its official policy on the show, but that’s not stopping E3 2013 from breaking out of its cage this year.
Microsoft’s 
next-generation Xbox will dominate headlines tomorrow, but Sony couldn’t resist stealing one more news cycle for the PlayStation 4 today.
The company has released a teaser video showing off its upcoming console, which was conspicuously absent at Sony’s own event in February.
It’s 
been three years since Gran Turismo last revved its engine – but it’s finally ready to pull up to the starting line once again.
The hit driving franchise will release its latest installment – Gran Turismo 6 – later this year, Sony and developer Polyphony Digital announced today. Even better, players will be able to get a taste this July, with a playable demo.
Julian 
Knight is one of the most notorious criminals in Australia. And he might be about to become the country’s most dangerous gamer.
In documents filed with Australia’s Supreme Court (via Kotaku), Knight is suing the prison system because no one will let him have a PlayStation. Knight says he is being treated unfairly by prison officials with no rational justification.
Chris Morris: Journalist 