News: Your prayers have been answered, Prey 2 is still in development.
Superannuation, a blogger dedicated to ferreting out tidbits of information about canceled and upcoming games from unlikely sources, has dug up some details on the future of the Prey series from the United States Patent and Trademark Office.
It seems that back in July, Radar Group, the "entertainment management company" founded by Scott Miller (formerly of 3D Realms), sold the rights to Prey to ZeniMax Media, the parent company of id Software and Bethesda Softworks. A month earlier, Id's John Carmack made several comments about id's big growth plans after the company was purchased by ZeniMax.
Putting all this together means that it's highly likely that id is hard at work on Prey 2 (which was announced way back in 2006). Although no official announcement has been made as of yet.
We'll have more soon.
Grand Theft Auto 5 Collectors Edition announced Xbox 360, PS3
Donkey Kong Country Returns 3D swings into stores today for Nintendo 3DS
Xbox One Q&A with Major Nelson reveals new details about the console
Resident Evil Revelations now available for Wii U, Xbox 360, PS3 and PC
Forza Motorsport 5 confirmed as an Xbox One launch title
Xbox One available for pre-order in the UK at GAME retail outlets
Xbox One will get Battlefield 4 along with the PS4, PC
Thief for Xbox One officially announced for 2014
Call of Duty: Ghosts worldwide reveal trailer shown at Xbox One event
Xbox One arrives in late 2013 with Kinect, more powerful Xbox Live