Microsoft working on a low-cost streaming device to compete with Apple TV

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Microsoft’s upcoming Xbox streaming stick has been in the news for a long time now. Reports in the past have hinted towards the company working on a dongle for streaming games for years. Microsoft, on its part, has also fueled these reports by hinting towards such a device being in the works at the company. Now, the company has confirmed that a low-cost Xbox streaming device is coming soon. Also Read — Window 11 update: Microsoft to roll out Android apps to 5 new countries

First reported by Windows Central and then confirmed by Microsoft, the company has been working a new Xbox device under the codename ‘Keystone’ that is focused on streaming. This means that rather than being used just for gaming, Microsoft’s upcoming device will also enable users to stream other apps, presumably OTT apps. Also Read — Xbox Series S gets a special discount on Flipkart

Microsoft in a statement to the publication has confirmed that it is working on a low-cost hardware under the codename Keystone for streaming. He also said that the device needs to be finetuned further before the company announces it officially. “As announced last year, we’ve been working on a game-streaming device, codename Keystone, that could be connected to any TV or monitor without the need for a console,” a Microsoft spokesperson told the publication. Also Read — Minecraft’s big wilderness update is coming on June 7

“As part of any technical journey, we are constantly evaluating our efforts, reviewing our learnings, and ensuring we are bringing value to our customers. We have made the decision to pivot away from the current iteration of the Keystone device. We will take our learnings and refocus our efforts on a new approach that will allow us to deliver Xbox Cloud