Both yes and no. The game titled 'Big Brother' will not continue, but it's being remade nearly in its entirety in a new game engine with a new name, Glamour, and with a bunch of other new/different features (and dropping a bunch of features, such as explicit callouts of relationships between different cast members to get around anti-incest rules).Dark Silver will not continue with Big Brother?
We haven't yet seen how good that remake is going to be, so it's probably best not to get your hopes up too much.