The Elder Scrolls MMOG Announcement in May?

Citing an "industry source that wishes to remain anonymous," Tom's Guide reports a rumor that in May Bethesda Softworks will announce an MMOG based on The Elder Scrolls series of RPGs. The speculative story has few details, but word is the game will take place during the "Second Era" of the series, and will feature three playable factions. Thanks PC Gamer.