By Keerthi Chandrashekar / Keerthi@latinospost.com (staff@latinospost.com) | First Posted: Feb 16, 2013 01:43 PM EST

Remember when Sony bought out Gaikai, the cloud-based gaming service last year for a cool $380 million? The deal set off rampant speculation that Sony would launch its own streaming service for videogamers, and a new report from The Wall Street Journal states that's exactly what Sony will do with the PlayStation 4. 

The Wall Street Journal states that Sony will be utilizing Gakai's streaming services to deliver backwards compatibility to the next-gen consoles. The next-generation PlayStation console is said to be utilizing a brand new AMD chipset that would make playing previous titles a tad difficult. Through streaming, it looks like Sony hopes to smooth this wrinkle over and to give gamers access to the vast library Sony has built up over the years. It would be a shame, after all, if PlayStation 4 owners couldn't take down Zeus again as Kratos. 

Even the chief financial officer of video game developer Electronics Arts chimed in on the hurdles facing next-gen backwards compatibility at the recent Goldman Sachs Technology and Internet Conference. 

"An important thing to remember is that next-gen consoles will most likely not be backwards compatible," Blake Jorgensen stated. "If you [play] multiplayer on a game, you'll most likely not be able to play with someone on a different generation."

None of this has been confirmed by Sony, so remember to treat all preliminary information about the PlayStation 4 as rumor. Sony is holding an event on Feb. 20 that will show off the future of the PlayStation brand, and it is widely believed this will be the PlayStation 4's debut, so we'll have to wait until then for concrete information.

In the meantime, it looks like a picture of a PlayStation 4 controller prototype (pictured above) has surfaced. From the looks of it, the controller will include a touchscreen, a microphone for voice commands, and a Move bar located alongside the top. 

Stay tuned to Latinos Post as more PlayStation 4 news comes trickling out.  

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