You'd be forgiven for not knowing exactly what Color is or does. The sordid history of this app, and its parent company Color Labs, is a complicated one. Headed by Bill Nguyen, famous for founding Lala, the incredible music streaming service that was purchased by Apple and promptly closed down, Color Labs received $41 million in funding for its initial app Color for Facebook. Several fundamental changes and a year and a half later, the company is reportedly going to close the books on itself.
Update 4: OnLive has finally issued the following statement:
We can now confirm that the assets of OnLive, Inc. have been acquired into a newly-formed company and is backed by substantial funding, and which will continue to operate the OnLive Game and Desktop services, as well as support all of OnLive's apps and devices, as well as game, productivity and enterprise partnerships. The new company is hiring a large percentage of OnLive, Inc.'s staff across all departments and plans to continue to hire substantially more people, including additional OnLive employees.
In an e-mail to its customers today, the team at TekTrak (an app we reviewed back in August) officially announced that the service has shut down and that users will no longer be able to utilize its features. In the heartfelt message the team explains that, as with many startup ventures, it has come time for the service to shutter its windows and call it quits.
TekTrak's official website has also been updated to reflect the end of the service.