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Valve is preparing to send early prototypes of its new Steam Box hardware to users in three to four months, according to comments from the company's co-founder Gabe Newell given to the BBC.

Valve Co-founder Gabe Newell is more concerned with Apple as a potential rival than he is with video game console developers.

"Minecraft" creator Markus Persson isn't a fan of Windows 8. On Thursday he slammed Microsoft's upcoming operating system via Twitter, marking the second time he has publicly criticized the software.

Valve, the fiercely independent and eccentric Seattle-based game development studio that’s created some of the most celebrated brands in PC gaming including “Half Life” and the Steam platform, is facing another round of buyout reports, this time from the massively successful Korean video game giant Nexon (TYO:3659).

Always a fan of user-generated content and community-oriented software development, Valve Corp. released the list for its first round of independent games from its new "Steam Greenlight" program on Wednesday. Titles include "Black Mesa," "Cry of Fear," "Dream," "Heroes & Generals," and "Kenshi," all of which ranked at the top of the community's most popular titles on the new Greenlight platform.

Following a slew of announcements about Valve Corporation expanding beyond game development and distribution into general software and hardware possibilities, Steam is officially releasing a beta version of its "Big Picture Mode" today. Showing a sleek and innovative approach to a television-based user interface, the new version of Steam raises questions about the future of PC game development.

Bellevue, Wash.-based Valve, the software developer behind the critically-acclaimed Half-Life series, the Steam network for distributing games and the Source engine, is reportedly interested in building hardware. Valve, which was founded by two former Microsoft employees in Gabe Newell and Mike Harrington, added a job posting to its site on Tuesday morning for an industrial designer.

Software and video game developer Valve is opening its digital distribution and gaming service platform Steam to include additional types of software. The new content will begin to arrive on the platform as early as September.

Files within Valve’s new Source Filmmaker program hide a not-so-well-kept secret, according to EuroGamer.

Super Mario Bros, the very addictive side-scrolling videogame with its most entertaining, unforgettable elements and levels of play, created by Nintendo, has been endowed with another addition. In a recent development, Valve Corporation's Portal -- a unique gameplay known for its dark, deadpan humor and the award-winning portal gun -- has teamed up with Nintendo's Super Mario Bros to launch a new version of the game called Mari0.

Game maker Valve just announced that Counter-Strike: Global Offensive (CS: GO) has been targeted for release in early 2012.

Steam and Valve are the only ones so far to provide free gaming service.

Valve Corp. has made its popular shooter game Team Fortress 2 permanently free-to-play.

Turtle Rock Studios, most popularly known as the creators of the Counter Strike and Left 4 Dead franchises along with Valve Corporation, has signed a new deal with THQ to create a new multi-player project, a report in THQ’s official website said.

Rich nations could tap strategic oil reserves if needed to ward off the risk that Middle East political unrest triggers an inflationary price spiral, Treasury Secretary Timothy Geithner said on Thursday.

NASA said Thursday it will attempt to launch space shuttle Discovery to the international space station late Friday night, after undergoing elays caused by bad weather and fuel valve trouble.