Following one of the biggest headline-grabbing kidnappings in many years, the son of software tycoon Yevgeny Kaspersky has been freed, and Russian police have arrested five people.

The group, based out of Moscow, were demanding 3 million euro for Ivan Kaspersky's return.

Authorities managed to save Ivan after posing as middleman negotiating the ransom.

Ivan was kidnapped last week on his way to work as a programmer.

Kaspersky is a top anti-virus, and the entrepreneur is very highly regarded in Russia.

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As we have reported since last Wednesday, the Sony PSN has been down to due an "external intrusion on our system."

Sony said the downtime would likely be 48 hours but the network still remains down, over 100 hours later.

Today, a new rumor has it that the "Rebug" custom firmware for the PS3 caused Sony to desperately take down their own network, on one of the more popular weekends for gaming of the whole year.

The Rebug CFW is a mod to a proxy server, allowing users to simulate turning their PS3 into debug units used by Sony developers.

Using those mods, hackers can enter any credit card number they want and download games and other content for free from the PSN. Sony does not check the authenticity of the cards because it is assumed their own developers are not stealing content.

For now, the rumor remains just that, but Sony has sure gotten a lot of press for remaining pretty mum on why their network still remains down after 5 days.

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Nintendo has finally confirmed the successor to the Wii gaming console, two weeks after the rumor fire was set ablaze by a number of reports.

The company will reveal the system at E3 in June with a playable demo.

Nintendo says:

So I won't talk about specific details today, but it will offer a new way of playing games within the home.

For now, the rumors about the console are:

Nintendo is building the system under the codename Project Cafe and may be released very early next year as the Nintendo Stream.

Under the hood, the Stream will run on a custom-built triple-core IBM PowerPC CPU, with "much" faster clock speeds than the Xbox 360. The GPU will be a revamped AMD R700 architecture. The system will support full 1080p output alongside stereoscopic 3D.

For form factor, the system will be the same size as the first-gen Xbox 360s and will look like a "modernized" SNES.

The completely revamped controllers will have integrated touchscreens, with the ability to stream games to each controller. (Check included mockup)

While the console will begin shipping in September, but it appears that Nintendo will not release until early 2012 to ensure they have a huge amount of launch titles and large supply so there are no delays.

Perhaps most importantly, the sources expect the console to sell for $350 at launch, unless Nintendo decides to take a hit on margins and lower the price.

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