Sony’s PlayStation 3 entertainment console was always thought to be jailbreak-proof, until recently. While an Australian website claimed to have a jailbreak-capable USB dongle (called the PS Jailbreak) for a monstrous amount of money, open source hackers have produced their own code for a USB dongle that does mostly everything that PS Jailbreak does, minus the monstrous amount of money. PS Groove is the open source implementation of the PS Jailbreak and needs a USB development board to work.

The PlayStation 3 has finally been jail broken by an Australian unit.

Bioware released the first trailer of the upcoming RPG, Dragon Age 2. The game is set to release on 8 March 2011.

Watch Sony E3 2010 Press Conference online live. Sony will be holding a press conference at 12PM PT / 3PM ET on June 15 at E3 2010. You can watch the Sony Press Conference at E3 2010 Live.

US Air Force which runs 2000 Sony PS3s in a cluster to create a cost effective supercomputer that can compute at 53 teraFLOP and was built by Fixstars.

Sony has just released its financial statement for the Fiscal year ending March 31st, 2010, and things don’t look good. The company posted a loss of $439 million, down from the $1 billion loss it faced in the 2008-09 financial year.

This week in FOSS Friday, we will talk about Ubuntu installation guide, download resources, availability and CD ordering through Shipit. On another incident, Sony gets a lawsuit on PS3.

Sony’s new PS3 Slim model will feature the RSX GPU based on the 40nm fabrication process. A lower fabrication process will lead to a reduce in power consumption, lower cost of production etcetera. This move will help Sony earn profits from every PS3 they sell.

The latest firmware release for PS3 from Sony will remove the “Other OS” feature. The update is scheduled to arrive on the 1st of April.

Crytek, the developers of Crysis, showed off their new engine in stereoscopic 3D screens. The CryENGINE 3 is the fastest renderer available and looks nothing short of beautiful. With S-3D technology, gamers will be treated to new heights of reality very soon.

Sony acquired Media Molecule, the developer of LittleBigPlanet. Sony Online Entertainment, Worlwide Studios added Media Molecule to their family saying that they will definitely look after the creative developer’s ambitious projects. This also means that the LittleBigPlanet franchise will see new games in its kitty!

A few days after George came out with the fact that he had hacked into the read/write memory of the PS3, he has decided to release exploit and let it run wild, most likely because he hit a dead end. This was the same guy who triggered a flurry of iPhone jailbreaking software.

After 3 years, 2 months and 11 days, the GeoHotz team has finally been able to hack into the PS3. The hack took 5 weeks to complete, but they finally were able to have read/write access to the entire PS3 system memory.

You can buy a copy of the Guitar Hero World Tour game for only $14.55, that is a $34.44 discount and eligible for free shipping if you purchase items more than $25 on Amazon. You can purchase the Xbox 360 version of Guitar Hero World Tour for $14.55, PS3 version for $19.99 and Nintendo Wii version for $25.46.

Amazon is selling Tomb Raider: Underworld for Play Station 3 (PS3) for $9.78 and for PC at $9.75, that is well over a 50% discount on the game.