Posts Tagged ‘OnLive’s’
As cloud-based gaming service OnLive struggles to reform itself and manage its expensive infrastructure, HTC’s $ 40 million financial investment made last year will certainly go away entirely, asing reported by a current filing to the Taiwan Stock exchange. OnLive began streaming its gaming choice to Android smartphones and tablets at the end of the same year however we never saw any type of unique attributes for HTC hardware. Following some difficult monetary outcomes, it packed up its Korean workplace and recently returned half its stake in Beats, although its involvement with OnLive had actually never ever led to the exact same degree of promotion.
Filed under: Cellphones, Games, Tablet PCsHTC to lose its $ 40 million financial investment from OnLive’s monetary restructuring initially appeared on Engadget on Mon, 20 Aug 2012 03:30:00 EDT. Please see our terms for use of feeds. Permalink|PCWorld|E-mail this|Comments
The news is out. OnLive, Inc. is no more, having actually cut the bulk of its workforce loose and utilized an Assignment for the Perk of Creditors (ABC) to absolve itself of gigantic debts had by the expansion of its services without an equivalent increase in its client base. However exactly what is this choice to filing for bankruptcy, and why did OnLive choose this certain legal reset button to start over? We spoke with a specialist on the matter, Martin Pichinson, co-founder and taking care of member of Sherwood Partners (which does two or three ABCs in an offered week), to help inform us on this little-known tool made use of by companies irrevocably in the red.
Filed under: GamingOnLive’s option to bankruptcy: simply what is an Assignment for the Benefit of Creditors? initially appeared on Engadget on Sat, 18 Aug 2012 13:00:00 EDT. Please see our terms for use of feeds. Permalink|| E-mail this|Remarks
OnLive launched in the summer of 2010 streaming games to PCs or Macs, and now two years later it has returned to E3 feeling pretty good about the state of cloud gaming and its place in it. Among a series of announcements going out are news that it will be demonstrating gaming on smart TVs for the first time on LG’s G2 Google TVs with support for up to four universal OnLive controllers at once. The Google TV viewer app has been out, although OnLive gaming has been closely tied to Vizio’s upcoming Google TV models in the past while LG showed off Gaikai access at CES. It’s not available on retail units yet, but is expected to be added in a software update, with an eye towards adding support for Cinema 3D gaming later on. At the same time it’s rolling out an update to its in-browser gaming clients that lets publishers and retailers launch players into games without creating a login.
Finally, we’ve got the new OnLive MultiView feature that lets players see the video stream of another player without exiting their own session. As suggested in the press release (all are included after the break), it can let you check in on a friend’s game as it happens, or even see from a teammate’s perspective during a co-op match. That feature is currently in closed beta and is set to launch later this year, read on for all the details about what OnLive is up to and a list of games coming soon that includes Darksiders II, Civilization V: Gods and Kings and more.
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