Midway has taken further efforts to reduce costs and minimise losses today with the closure of its Austin studio and the cancellation of all its projects that were projected for a 2010 or 2011 release date, all of which were unannounced.

Midway has announced redundancies across all territories also, losing staff in San Diego, Austin and Chicago according to GamesIndustry.biz. The move sees the total workforce of the company being decimated with more than 25 percent of the publishers total employees being terminated.

Electronic Arts may finally be taking advantage of the Valve's Steam platform it seems, with rumours that Spore is set for release starting to circulate after the EULA for the title is spotted on the Steam storefront.

While not immediately shocking to many, if Spore does see a Steam release then it'll be the first time that Electronic Arts has even tried to release a game on Steam.

Electronic Arts and Valve currently work together on many other projects, with EA publishing retail copies of

Cyan Worlds has announced that the Myst-based MMO, Uru Live, will be going totally open source in the future in order to avoid closing totally.

Uru Live has led a troubled existence, much to the frustration of players, having been cancelled twice and recently closed before being driven to open source in and effort to stay online.

Cyan Worlds had previously tried to keep the game afloat after closure through a Myst Online Restoration Experiment (MORE), but that too has gone under according to RockPaperShotgun, forcing the game to go open source as a last resort. You certainly can't fault Cyan Worlds for trying again and again though - the team apparently just can't afford to carry on working on the project.