The Chicago Entrepreneur

: Microsoft forms 10-year cloud-gaming partnership with U.K.’s EE

U.K. mobile network group EE and Microsoft Corp. MSFT signed a 10-year cloud-gaming partnership, according to representatives from both companies Tuesday. In a tweet Tuesday, Xbox head Phil Spencer said the partnership will bring Activision Blizzard Inc. ATVI games to EE customers. The partnership follows others Microsoft has formed, like with Nvidia Corp.NVDA and Nintendo JP:7974, on concerns that a closed deal would hamper distribution of Activision Blizzard games to platforms other than Xbox. Microsoft shares fell 1.9% in early activity, while the Dow Jones Industrial Average DJIA rose 0.1%, the S&P 500 index SPX gained 0.1%, and the tech-heavy Nasdaq Composite Index COMP slipped 0.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post : Chicago to host 2024 Democratic convention
Next post : U.S. stocks open higher as traders await inflation data, earnings