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ACTIVISION TAKES AIM AT ELECTRONIC ARTS

There's been no shortage of action the last couple of days in game software publisher Activision. Activision shares jumped Tuesday to a 52-week high after the company posted stronger-than-expected earnings, showing that its business is growing even faster than the rest of the revved-up video game industry. But the stock gave back those gains Wednesday as the company rolled out plans to cash in on its recent success with a 7.5 million-share offering.

Last Updated: Jun 4, 2002

OFFICIALS DISMISSED FOR ALLEGED THEFT

Two Panamanian National Culture Institute officials were dismissed for their alleged involvement in the theft of four Pre-Columbian gold pieces, officials said. INAC Director Rafael Ruiloba told EFE that the pieces were stolen two months ago from a safe inside the agency's treasury.

Last Updated: Jun 3, 2002

FOX PICKS UP KEEN EDDIE FOR MID-SEASON

Acting on signs the ad market is improving, FOX has become the first network to pick up an additional midseason series. The network has ordered 12 new episodes of the drama Keen Eddie for midseason, bringing the total order to 13, including the pilot. Eddie is the first show to be picked up following the networks' upfront ad markets, according to The Hollywood Reporter.

Last Updated: Jun 3, 2002

CHRIS BARRIE SET FOR BIGGER SEQUEL ROLE

With thoughts of a massive box-office gross - and, no doubt, Angelina Jolie's remarkable thighs - firmly in mind, it seems that there might be a second outing for the Tomb Raider franchise. Details are currently sketchy, though it appears that Ms Jolie will reprise the role of Lara Croft in a film that is rumoured to be more 'science-fiction-y' that its predecessor.

Last Updated: May 30, 2002

3DO PARTNERS WITH RACING GAME EXPERTS

The 3DO Company today announced it has signed an agreement with expert racing game developer, Eutechnyx, to produce an immersive street racing title for next generation gaming consoles. The titles are expected to be available in Summer 2003.

Last Updated: May 29, 2002

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