OnLive is one of the few game streaming companies that can be labeled as competitors to Gakai, the service which Sony bought out recently. OnLive is based in the US and delivers streaming services for all the latest games from just about every publisher you can think of and delivers that content through your web browser.
Recently an e-mail leaked that hinted the company might be shutting down and laying off its staff. It was picked up by game developer Brian Fargo and he put it on his twitter account. As usual, one tweet was enough to set the entire internet ablaze and wetting itself with rumours that the company was indeed closing its doors. Interestingly, the e-mail also suggested that the company would shut down almost overnight, very similar to Kingdoms of Amalur developers 38 Studios, who dissolved in almost a week.
UPDATE: The e-mail leak is real and the company underwent a bit of restructuring. More info after the jump.