Alphabet Inc's Google announced on Tuesday that it would launch this year a...
SAN FRANCISCO - Alphabet Inc’s Google announced on Tuesday that it would launch this year a browser-based video game streaming service dubbed Stadia that attempts to capitalize on the company’s cloud technology and global network of data centers.
But Google offered scant details on timing, pricing or available titles for the service, which faces potentially tough competition from game publishers and from rivals including Amazon.com Inc and Microsoft Corp. The streaming technology offers a fresh way for Google to pitch game publishers on its cloud computing and data storage services, which ultimately could generate more revenue for Google than game sales.
Shares of Alphabet on Tuesday rose 1.2 percent and Nvidia 4 percent. Sony fell 1.24 percent and Microsoft 0.07 percent.
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