PlayStation News of the Week: February 17 - 22, 2014

Welcome to another instalment in our weekly news digest where the team at PSU Towers picks our favourite slices of PlayStation-related gossip from the past seven days. See below for the week’s highlights by clicking the links provided.

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MONDAY, FEBRUARY 17

Metal Gear Solid 5 PS4 runs at 1080p, Xbox One version at 720p

Kojima Productions has confirmed that Metal Gear Solid V: Ground Zeroes will run at 1080p on the PlayStation 4.

GTA series won't get annualized, says Take-Two

Publishing giant Take-Two has reiterated that it has no plans to annualize the hugely successful Grand Theft Auto franchise.

PS4 exclusive game in development at SCE London Studio

A new PlayStation 4 title is currently in development at SCE London Studio, according to a job listing posted by the company this week.

TUESDAY, FEBRUARY 18

Over 5.3 million PS4 consoles sold worldwide, confirms Sony

Sony announced that over 5.3 million PlayStation 4 consoles sold through to consumers worldwide as of February 8, 2014. This news follows VGChartz's recent claim that sales hit 5.2 million sales worldwide.

PS4 firmware update 1.61 is now available

PlayStation Europe community boss Chris Owen has announced availability of a new, mandatory firmware update for PlayStation 4.

Gran Turismo 7: Prologue, The Last Guardian coming to PS4 -- rumor

According to industry insider Ashan Rasheed, Sony will be unveiling a number of high profile titles in the coming months, including Gran Turismo 7: Prologue and The Last Guardian, both for PlayStation 4.

WEDNESDAY, FEBRUARY 19

BioShock studio Irrational Games shutting down, new studio on the rise

Irrational Games, the renowned studio behind the hit BioShock series, is effectively closing its doors according to a blog post released by studio head Ken Levine on the company's website.

PS4 megaton announcement teased in OPM UK: 'a series of massive significance'

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