OnLive intros cloud gaming platform

OnLive has debuted a cloud gaming platform which processes gaming content on external servers and streams feed through to a chosen device via the Internet, says Metro.

This means gamers will no longer need a high-powered device in order to play the latest games on their computer.

The streaming service also opens up the possibility for gaming on the move, via an iPad.

Sir Richard Branson, founder of the Virgin Group of companies, unveiled his latest business venture in the games market at E3 in Los Angeles, writes TechRadar.

The Virgin Gaming Web site will let console gamers organise competitive matches and take part in official Virgin Gaming tournaments.

"Gamers want something new, something interactive and something fun. Virgin Gaming is just that - access to play the best games in super competitive tournaments with anyone in the world and win the biggest prizes and the most rewards," said Branson, promising a $1-million prize fund for gamers in the first year of the service.

Microsoft's head of Xbox in the UK, Neil Thompson, has dismissed 3D technology in the short term for the company's gaming console, states Electronista.

After Sony's commitment to bring the technology to its console later this year, Microsoft believes 3D gaming is currently too expensive for widespread adoption by the public, mirroring Nintendo's feelings.

Instead, Thomson felt Microsoft's just-introduced Kinect system was a safer prospect at the moment and has a higher chance of being adopted in the home.