Microsoft To Introduce Xbox Gaming On TVs Without The ConsoleMicrosoft wants to introduce Xbox gaming to TVs, allowing people to connect to televisions without the console.
Tech giant Microsoft is currently developing streaming hardware that people can hook up to their televisions to use its Netflix-like cloud gaming service. With this technology, Xbox gaming will now be available on TVs without using a console.
Connect Your Xbox To Your TV Without A Console
US-based Microsoft wants to make it easier for people to access their Xbox games on their televisions. Microsoft announced earlier today that it is developing dedicated streaming hardware that users can hook up to their televisions and access Xbox games directly without using a console.
Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Product Disclosure Statement (PDS) can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded. Standard account offer spreads from 1 pips with no additional commission charges. Spreads on CFD indices start at 0.4 points. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
The tech giant believes that the future of gaming is subscription-based. People will pay money and gain access to a wide range of games per month. The Xbox Game Pass is designed to offer such a service. It allows users to access games developed by Microsoft and by third-party studios. The introduction of the Xbox Cloud Gaming last year has turned it something like Netflix for games. The service allows gamers to play games hosted on remote servers and stream to users over the internet.
The company is now pushing its cloud gaming products to other platforms. Microsoft wants to make it possible for people to access its cloud gaming services via iPhones, iPads, PC and now televisions.
Microsoft is still working on ways to make this happen. One way the company proposes is to partner with manufacturers to add cloud gaming to smart TVs. The tech giant is also developing streaming devices that users can plug into their television or computer monitor to stream games directly from the cloud. However, Microsoft is yet to provide details on how the device will look like.
Microsoft Is Expanding Its Xbox Subscription Reach
Microsoft’s stock is up by 1% at the moment. It is currently trading at $256 per share. Despite the positive news, Microsoft’s stock price has been trading around the $250 region since the start of the week.
Microsoft said is currently working with mobile carriers like Telstra in Australia in a bid to offer a new Xbox subscription model. Its cloud gaming service is also expected to launch in Australia, Brazil, Mexico and Japan before the end of the year.
For a look at all of today’s economic events, check out our economic calendar.