The Wall Street Journal is reporting that the new PlayStation (codename Orbis) that’s due to be announced will stream PS3 games using the streaming service Gaikai that Sony paid $380 million for last year. This goes well with other rumors saying that the new architecture in the PS4 won’t work with PS3 games on-board but could allow emulation through the cloud. To go along with this, there will also be a new high-fidelity version of the PlayStation Eye that will work with the new controller. More details are sure to be known at the PlayStation Meeting this Wednesday, but read the link after the jump to learn more of these rumors.

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Pologon | The Wall Street Journal