Sony's financial woes have left a mark on the Playstation 4. A new IP in development for the PS4 has been axed. Microsoft looking to take advantage.<br />► VGN Video Game News: http://www.VideoGamesAndNews.com<br />► Twitter: http://twitter.com/#!/TwTheRedDragon<br />► Facebook: http://www.facebook.com/TwTheRedDragon<br />► Google +: http://goo.gl/GGVGr<br />► The Red Dragon: http://www.TwTheRedDragon.com<br /><br />Former Sony Santa Monica Lead Level Designer Confirms The Cancellation Of GOW 3 Director's New IP: http://gearnuke.com/former-sony-santa-monica-lead-level-designer-confirms-cancellation-new-ip/<br /><br />Sony closing 60% of US stores and cutting 1,000 US jobs: http://www.forbes.com/sites/erikkain/2014/02/26/sony-closing-20-retail-stores-cutting-1000-jobs-in-us/<br /><br />Microsoft scooping PlayStation 4 developers in recent layoffs: http://attackofthefanboy.com/news/microsoft-scooping-playstation-4-developers-layoffs/
