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A similar pattern was recently in the news here: Onlive. August 17, 2012 > OnLive lays off all employees, assets sold to new company [0] 5:20 PM - August 17,
by 001sky 14y ago
A similar pattern was recently in the news here: Onlive.
August 17, 2012 > OnLive lays off all employees, assets sold to new company [0]
5:20 PM - August 17, 2012 > OnLive Denies It's Shutting Down, Won't Comment on Layoffs [1]
08/20/2012 10:11:33 AM PDT > Game company OnLive reveals new details of restructuring [2]
Winding down a business might mean they are trying to orchestrate a merger or aq-hire. Or a whole host of other things. For which you would not want your name in the news (sensitive negotiations, or wat-ever).
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“We don’t respond to rumors, but the service is not shutting down,” OnLive said. [3]
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[0] http://www.gamasutra.com/view/news/176180/OnLive_lays_off_all_employees.php http://www.gamasutra.com/view/news/176180/OnLive_lays_off_al...
[1] http://www.tomshardware.com/news/OnLive-Shutting-Down-Layoffs-Bankrupt-Statement,16993.html http://www.tomshardware.com/news/OnLive-Shutting-Down-Layoff...
[2] http://www.mercurynews.com/entertainment/ci_21351760/game-company-onlive-reveals-new-details-restructuring?source=rss http://www.mercurynews.com/entertainment/ci_21351760/game-co...
[3] "Just a short while ago reports emerged that the gaming and virtual-desktop software start-up had issued pink slips to all of its employees and was effectively shutting down the service. The first part, we’re told by an OnLive spokesperson, is not the case." http://allthingsd.com/20120817/onlive-denies-reports-that-its-shutting-down/ http://allthingsd.com/20120817/onlive-denies-reports-that-it...
- 001sky 14y ago[update] > http://news.ycombinator.com/item?id=4667217 http://news.ycombinator.com/item?id=4667217