
TOKYO -- Shares of Asian gaming companies were knocked on March 20 by news that Google is planning to launch a cloud-based gaming platform within the year. Microsoft also has recently outlined plans to launch trials of a game-streaming service.
Google announced that it plans to launch "Stadia," an internet-based gaming platform at the Game Developers Conference, the world's largest professional gaming industry event, in San Francisco on March 19. Google CEO Sundar Pichai said Stadia will be a platform "for everybody."