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Midway Austin Project Canned, Confirms Layoffs 50°
August 11, 2008 // 8:36 pm - It appears Midway's financial woes continue. Today the company formally announced that it has canceled an "as-yet-unannounced" project in development at its Austin, Texas-based studio.

In further bleak news, as part of an ongoing initiative to "maximize its development resources and apply manpower and capital to projects with the highest chances of success," approx. 90 of all 130 employees employed by the studio will be laid off.

To quote: Matt Booty, interim CEO and president of Midway Games Inc. commented, "While this was a very difficult decision,...

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Sony canned Facebook style platform for PSOne 100°
March 28, 2008 // 4:57 pm - Former Sony Entertainment President Chris Deering has said that a "secret Facebook-style web networking platform was being worked on behind-the-scenes by those responsible for launching PSOne."

The project was code named 'Moccasin 5' and would have allowed the PSone to run a "text-based community chat group with a special box called Net-Station that hooked up PCs to the TV."

He also said that they later worked on a PS2 concept called 'Central Station', which was planned to stream its own PlayStation TV channel back in 2002, but it didn't take off because...

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