If you haven’t heard of Red 5 Studios, don’t feel bad…they haven’t really done anything and who knows if they ever will. Kotaku, citing unnamed sources, is reporting a rumor that the Irvine-based video game studio has laid off the majority of it’s staff, is down to 30 employees, and has abandoned the online MMO it had been working on. (No official info on the MMO was released, but it’s rumored to be a futuristic military shooter.) The company was reportedly close to closure, but was purchased last week by an unnamed buyer, who has the company now focused on a project “aimed at the Chinese market.”
The studio was formed back in 2005 by a bunch of ex-Blizzard employees who’d helped to develop World of Warcraft. They also managed to raise $18.5 million in capital for the company back in 2006, for all the good it did them.
So, basically a studio you never heard of won’t be releasing a game they never told anyone about. I’ll tell you, I’m just trying to hold back my tears on this one.
[Kotaku]

Ever wish you could spend a third of a million bucks on someplace you not only couldn’t live in, but also couldn’t even touch? Well, you could do what one guy did and spend the equivalent of $330,000 on the Entropia Universe MMO’s Crystal Palace space station. What do we mean by “equivalent”? Well, Buzz “Erik” Lightyear spent 3.3 million “Project Entropia Dollars” (or PEDs), which are exchangeable for 10 to a US dollar. So, while he may not have actually spent all those actual dollars, he could’ve exchanged those PEDs for a third of a million bucks instead (minus transaction fees). Now, he gets revenues from every sale on the station, but that’s still a huge chunk of space change.
Hey, remember when people cared about what NASA was doing? Neither do we, but NASA apparently does, as they’re trying to regain some semblance of relevance by releasing a new MMO game, Astronaut: Mars, Moon and Beyond, to suck in potential space cadets.
If you’re a trekkie waiting for the launch of the Star Trek MMO (and still trying to drink the memories of Star Trek Nemesis out of your brain, like us), you might want to preorder it now, as Cryptic Studios and Atari have revealed that a ton of extra equipment and crewmembers will be available to those who preorder from specific outlets. Oh, and preordering gets you a spot in the open Beta Test, so there that, too.

