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According to Shack News the upcoming issue of Game Informer has a cover story about the game.  It's apparently a squad-based FPS (I can hear the groans now). 

Here are some details on the game:

  • Will ship on PC, PlayStation 3, and Xbox 360
  • Set 11 years after the third Tiberium war
  • Squad-based action
  • Squads are called R.A.I.D. (Rapid Assault and Intercept Deployment)
  • Known squad types are infantry, missile infantry, Titan and Orca
  • Missions are around the "Mediterranean Red Zone"
  • Special powers such as "Orbital Slug" are available

source: http://www.shacknews.com/onearticle.x/50337