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Forums - Gaming - What's going on with OnLive? Been out of the loop

So over the last 20mins, I've been recieving random retweets from Marcus Beer of GameTrailer fame retweeting some dude called Kevin Dent who generally seems to be implying that OnLive is either dead or dying.

"I believe when OnLive confirms it, that is when I believe it. Right now we have the main source saying they are fine."

"Five questions that no one is answering WRT OnLive:"

"1.Why issue a statement saying "we are fine, look at this great new partnership!", I have never seen a firm going into bankruptcy do that."

"2. Why close the firm down when the capital markets want to invest? In addition playstation is in competition to most of the investors"

"3. Why hasn't anyone that has been laid off taken to twitter to say 'hire me'?"

"4. Why did the source try to get the email back? Btw this only works within the same network."

"5. Gaikai showed there is a market for these firms, why would investors kill it?"

Those quotes are all from Kevin Dent (no idea who he is), just wondering what's going on. Anyone know?



PS One/2/p/3slim/Vita owner. I survived the Apocalyps3/Collaps3 and all I got was this lousy signature.


Xbox One: What are you doing Dave?

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This looks to be real:

http://www.vg247.com/2012/08/17/onlive-closing-down-new-company-will-be-formed-rumor/



In the wilderness we go alone with our new knowledge and strength.

This was retweeted by Kevin Dent some 20mins ago (retweeting someone called Martyn Williams)

"In the last 20mins have seen three people walk out of #OnLive with leaving boxes. Still unclear what's happening inside pic.twitter.com/ZYFBxCyC"



PS One/2/p/3slim/Vita owner. I survived the Apocalyps3/Collaps3 and all I got was this lousy signature.


Xbox One: What are you doing Dave?

haha Twitter. That's funny.
I can't figure out Twitter to save my life.



 Been away for a bit, but sneaking back in.

Gaming on: PS4, PC, 3DS. Got a Switch! Mainly to play Smash

mysticwolf said:
haha Twitter. That's funny.
I can't figure out Twitter to save my life.

Took me a while as well, most of it is still bullshit but I use it to enter competitions so it has its uses.



PS One/2/p/3slim/Vita owner. I survived the Apocalyps3/Collaps3 and all I got was this lousy signature.


Xbox One: What are you doing Dave?

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I'm fairly certain OnLive fired almost all of their entire staff and is rebuilding themselves via a new company they're starting and they'll re-hire a few of their old staff.

Not sure what the fate will be of their streaming service.

 

http://www.gamesindustry.biz/articles/2012-08-17-onlive-lives-but-employees-laid-off-report



What on earth O_o



So does this mean that mobile gaming is a burst bubble? I don't really understand what OnLive is



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~~~~ Mario Kart 8 drove far past my expectations! Never again will I doubt the wheels of a Monster Franchise! :0 ~~~~

radishhead said:
So does this mean that mobile gaming is a burst bubble? I don't really understand what OnLive is

Gaikai is still alive and supposedly fishing for Onlive people

Retweeted by Marcus Beer

": Cloud Gaming talent can send resumes to me directly. dp@gaikai.com” (Marcus beer then adds) Classy or crass? I can't decide..



PS One/2/p/3slim/Vita owner. I survived the Apocalyps3/Collaps3 and all I got was this lousy signature.


Xbox One: What are you doing Dave?

Ajescent said:
radishhead said:
So does this mean that mobile gaming is a burst bubble? I don't really understand what OnLive is

Gaikai is still alive and supposedly fishing for Onlive people

Retweeted by Marcus Beer

": Cloud Gaming talent can send resumes to me directly. dp@gaikai.com” (Marcus beer then adds) Classy or crass? I can't decide..

How exactly do you say, Gaikai.  I have never been able to figure it out and I have never heard anyone say it.