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Well, One Guy Kept His Job At OnLive
That would be the CEO, Steve Perlman. More than 200 other employees were summarily dismissed when the cloud-gaming service caved in last week, though a corporate statement said half would be hired back, and others offered consulting gigs.
What The Hell Happened With OnLive?
I remember the first time I saw OnLive demoed for me. Three years ago, I was ushered into a conference room in Manhattan and saw Crysis running of the cloud gaming service’s network. It looked impressive, sure, but there could have been all sorts of tomfoolery going on to make the streaming look that good. But when I demoed it at my own desk some months later, I had to admit that the experience was better than expected. Damn if the thing didn’t work pretty well. Damn if they didn’t invent something that really didn’t exist before.
OnLive Is Still Called OnLive, Says Nothing Is Changing
Ever since Friday — when reports started surfacing that cloud gaming pioneer OnLive was shutting down and ceasing to exist — speculation has mounted over who, if anyone, had purchased the remains of the company.
Did OnLive Gut Employee Stock Options To Make Itself Cheaper To Buy Out?
In the aftermath of OnLive’s not-really-bankruptcy, not-really-restructuring fiasco comes this rumour from TechCrunch, which may explain why the cloud-gaming service would want to effectively terminate itself as a company, but not its services.
OnLive Sold To ‘Newly Formed Company’, Vows To Continue Service
Bad news always slides under the door at the end of Friday, and today’s was a rumour of some kind of quasi -bankruptcy for the cloud gaming service OnLive and, more importantly, mass layoffs of its employees. After a series of officious no-comments to reporters, OnLive has issued a statement confirmomg that its sale to a third party, as originally rumoured, has gone through and that “there is no expected interruption of any OnLive services.”
Source: OnLive Filing For A Form of Bankruptcy, New Company to Take Its Place
OnLive, the pioneers of cloud gaming, are in dire straits and are preparing to file for a form of bankruptcy, a source inside the company told Kotaku today. An OnLive spokesperson maintains that the OnLive service, which enables people to stream games to their computers and tablets without the need for dedicated hardware, will continue. But it seems as if the company itself is hitting some very hard times.
OnLive Partners Up With Google TV To Deliver Console-Free Gaming
With overpriced hardware and unfriendly UI, Google TV didn’t exactly set the world on fire when it launched last year. But a much-heralded 2.0 revision brought Android apps and better navigation to the service last year. Now, thanks to a partnership with OnLive, users of the streaming/search hybrid will be able to play AAA video games on their televisions without investing new hardware.





















