Valve has confirmed that it will not be announcing any new projects at this year's E3. While an email obtained by a forum member at ValveTime last week suggested that Valve had nothing planned for E3, Valve has now independently confirmed to IGN that this is the case.
Previously, a great deal of speculation has surrounded the announcement of Half-Life 3, among other projects. The Half-Life franchise was last seen in 2007 with the release of Half-Life 2: Episode Two in The Orange Box.
At the moment, Valve is working on Dota 2 and Counter-Strike: Global Offensive, both of which are currently in closed beta. In addition, new Portal 2 DLC is set to arrive in the coming weeks.
For more Valve's current betas, check out our look at Counter Strike: GO's fast-paced Arms Race mode and Dota 2's Earthshaker hero.
Source: IGN