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MAR 05, 2014 - Yahoo! News

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OnLive reborn: can the cloud gaming company find footing with two new services?

In early August 2012, OnLive employees told us that the cloud gaming company was close to falling apart. Despite creating an impressive service rooted in a futuristic idea -- playing bleeding edge PC games on the highest settings, remotely, streaming from the cloud to virtually any device -- a cocktail of financial issues all crested at once. The result was mass layoffs ("at least" 50 percent), including lead evangelist and company CEO Steve Perlman.

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