Amazon launched a cloud gaming platform called Luna that will compete with Google’s Stadia and Microsoft’s xCloud.
Amazon has launched a cloud gaming platform called Luna. Users of Luna will be able to steam games wirelessly on iOS, PC, Mac and FireTV, while the Android version will be launched subsequently. Amazon said that over 100 games will be available via the Luna Plus Channel and even more games will be added over time. Amazon’s Luna will compete with Google’s Stadia and Microsoft’s xCloud in the cloud gaming field. Click here to read more
Shares of Virgin Galactic (NYSE: SPCE) jumped about 25% on Monday after Wall Street firms set high expectations for the space tourism stock. The stock jump came after Bank of America (NYSE: BAC) and Susquehanna joined six others in recommending Virgin Galactic’s stock to investors, giving the company eight Wall Street buy ratings. On giving the stock a buy rating, Bank of America stated that no company in its coverage universe has anywhere near comparable growth potential. Click here to read more
Yesterday, Uber Technologies Inc won its legal battle to continue operating in London as a judge overturned a ban on the ride-hailing app by transport regulator, Transport for London, and granted Uber a new 18-month license. Last year, the regulator stripped Uber of its operating license for a second time citing a pattern of failures that had put passengers at risk. In his decision, the judge, however, stated that he was confident Uber no longer posed a risk to public safety. Click here to read more
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1. Google to enforce 30% take from in-app purchases next year. Click here to read more
2. GM will repay $28 million to Ohio in tax incentives after closing assembly plant. Click here to read more
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