The Cloud Gaming Company-Intellectual Property-Reliable Source-Liability

Source: OnLive Found A Buyer, Cleaned House To Reduce Liability Prior To Acquisition (UPDATED)

We're hearing from a reliable source that OnLive's founder and CEO Steve Perlman finally decided to make an exit -- and in the process, is screwing the employees who helped build the company and brand. The cloud gaming company reportedly had several suitors over the last few years (perhaps including Microsoft) but Perlman reportedly held tight control over the company, apparently not wanting to sell or share any of OnLive's secret sauce.Our source tells us that the buyer wants all of OnLive's assets -- the intellectual property, branding, and likely patents -- but the plan is to keep the gaming company up and running. However, OnLive management cleaned house today, reportedly firing nearly the entire staff, and we hear it was done just to reduce the company's liability, thus reducing employee equity to practically zero. Yeah, it's a massive dick move. read more..

source:http://bit.ly/NMgoNM

Video Stream-Pc Games-Onlive

OnLive Adds “Cloud-Accelerated Browsing” To Its Streaming-Desktop Stable

You're probably familiar with OnLive, the company that made its mark by streaming brand new console and PC games to whatever devices could support a high-bandwidth video stream. Many doubted its technology to begin with (including yours truly - Is OnLive OnCrack?) but they've more or less delivered on their promises, and have also been expanding the services they offer. Most recently they introduced OnLive Desktop, which streamed a Windows 7 desktop to your iPad.That was mainly focused on productivity - Office apps and such. Now they've added web browsing to the table. Yes, they will stream live video of a web browser running in a datacenter to your device, which almost certainly already has a web browser. read more..

source:http://bit.ly/wteDMH