According to several sites and sources, OnLive could be facing bankruptcy and shutting down soon with several sites stating their sources reveal layoffs are currently happening at the company.
An official statement by the company denies anything bad is going on right now with the company but Kotaku has stated the company recently filed a bankruptcy-like claim in the state of California.
According to GiantBomb and EGMNow who have contacts close to the situation are reporting a 10am meeting occurred recently with the entire staff present fired on the spot. Both also supposedly had witnesses who confirmed seeing employees leaving the building with moving boxes.
Quote:
According to a source close to the situation, the company called an all hands meeting at 10am PDT, at which the entire staff was fired. Some staffers may be rehired as the company transitions to its next unknown iteration.
Our source tells us that many employees blame the failure of the company squarely on the CEO — who refused to sell the company “many times.” There is speculation that the future company may simply be pure intellectual property play. OnLive reportedly has lots of patents covering cloud-distributed content, especially in 3D graphics.
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While the rumors point to OnLive no longer existing as a company soon, there is also the small possibility of the company itself not completely shutting down as a whole and instead being rebranded under a new name but as a much smaller company.
The news also comes as a concern to the upcoming Ouya console who had recently announced a partnership with OnLive as a way to help bring the entire OnLive catalog and service to their console.
http://www.screwattack.com/news/rumo...-shutting-down
http://www.giantbomb.com/news/onlive...dated-x2/4322/
http://kotaku.com/5935767/onlive-fil...take-its-place
http://www.egmnow.com/articles/news/...s-its-closing/
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Daily Recap:
1) Valve announces the beta for Steam's "Big Picture" project which is Steam's user interface optimized for tv displays will begin in September.
http://www.screwattack.com/news/valv...eta-later-year
http://www.destructoid.com/big-pictu...r-233352.phtml
2) Team Ninja states they would like another opportunity in developing a Metroid game with the company currently in close contact with the co-creator of the series, Yoshio Sakamoto.
http://www.egmnow.com/articles/news/...other-metroid/
3) According to Bioware, Day One DLC is not a bad thing considering they state their fans and customers love the idea of having DLC available at launch regardless of the content being found on-disc or not. They state the reason they favor this is due to their data shows a significant percentage of players do not finish their games.
http://www.egmnow.com/articles/news/...t-day-one-dlc/
http://www.ign.com/articles/2012/08/...adable-content