![]() Sony and Nintendo aren’t the main competition in the cloud world. ![]() Microsoft’s Xbox boss Phil Spencer said (in February) that Amazon and Google are the main competitors going forward’. ![]() Xbox Game Pass reached a new milestone of over 15 million subscribers. Games are also fueling new cloud services like Xbox Game Pass, Playstation Now, and Nvidia’s GeForce Now. The gaming industry is expected to be worth more than $200 billion in annual revenue in 2021 and games are the primary growth engine. This will be the third-largest deal in Microsoft’s history and adds a series of iconic game franchises to its portfolio. Microsoft announced that it would acquire ZeniMax Media, the parent company of Bethesda Softworks, for $7.5 billion-in cash.
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