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Google Enters Gaming Space /w Cloud


GOOG, Google Enters Video Game Industry Stadia

Google service means skipping the hardware and playing through Chrome.

Released on Wednesday, March 20, 2019, 12:30 AM ET
by Email Russ UrbanContact SpeculatingStocks

Pittsburgh, PA (SpeculatingStocks) - Google (NASDAQ:GOOG) is using the power of its wide range of well placed technologies to enter the gaming space through allowing consumers to skip the hardware and play major video and computer games right through the Google Chrome browser. Google is utilizing its competitive advantage through being a top three player in the Cloud with their Google Cloud service. Another competitive advantage that Google is utilizing is their ownership of their Chrome browser, which is #1 in terms of browser market share.

Google's streaming game service will be called Stadia. It is not Amazon's (NASDAQ:AMZN) Twitch. It actually lets players play the game, and not just watch. Google is using AMD's (NASDAQ:AMD) technology, which helped send AMD shares up 11%+ yesterday. Google has enough servers located around the US to lower the latency within the games, enough to where it will not be an issue, and even get to 4K streaming.

Google sees streaming of gaming as the next way for players to game. It is ahead of curve and will be the first big mover in the space. Surely, Amazon and Microsoft (NASDAQ:MSFT) and even Apple (NASDAQ:AAPL) will be entering the same exact space as well. First mover status by Google and their Chrome browser is what sets them apart currently.

Google's first mover status and Chrome browser ownership could be just enough to set them apart from competitors. Amazon has AWS and Twitch to synergize with, and Microsoft has XBOX and game titles. Apple would have the toughest chance to succeed at streaming gaming. Google has found a way to be a player in gaming after Microsoft owned the industry for years.

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⇒ About the Author of this News Article:

Russ Urban has been following the stock market for over 18 years and holds a Bachelor's Degree in Finance. From a young age, he watched CNBC with a keen eye and became obsessed with the market and technology. Russ Urban has written hundreds of stock articles and stock picks through the years since he founded, Inc. in 2006 and holds strong faith in the power of the markets and capitalism.

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