Facebook Enters the Crowded Cloud Gaming Market

Facebook (NASDAQ: FB) has planted a stake in the increasingly jam-packed cloud gaming space. The company announced in a blog post today that "Facebook Gaming has launched several cloud-streamed games in the Facebook app and on browser -- playable instantly, with no downloads required." The company promised "unprecedented access" to games that users could play "across every screen." 

The service was launched earlier this year and recently boasted that 200,000 people were playing its cloud-streamed games per week, even though it has been testing in limited locations. Facebook Gaming is available on the company's social media site, as well as Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Android devices. But Facebook said it won't be available on iOS devices, citing Apple's (NASDAQ: AAPL) "arbitrary" App Store policies. 

Image source: Facebook.

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Source Fool.com