Microsoft building "Cloud TV" platform for Xbox

[Administrator]

Microsoft has announced it will focus all of its TV resources on a new, cloud-based entertainment platform for Xbox.
As part of this change in strategy, the company today announced it had sold off its IPTV business Mediaroom to technology giant Ericsson.
Microsoft has given a significant push to the use of entertainment apps on Xbox 360 over the past year - a push which the company hope will result in a "cloud TV" platform, The Verge reported.
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