Cloud games’ ‘moment of truth’ as Google looks to zap rivals

Window on the gaming world: A visitor at a Sony Playstation booth at the Gamescom trade fair in Cologne. (AFP)
Updated 25 August 2019

Cloud games’ ‘moment of truth’ as Google looks to zap rivals

  • Digital giant sets out to convert hardcore gamers and revolutionize $135bn market

COLOGNE: Urging fans to plunge into a virtual high-res surround sound universe of extraordinary games, Google hopes its cloud-based Stadia platform will take the world by storm on its November launch. The US digital behemoth unveiled details of its nascent streaming video platform at this week’s Gamescom trade fair in Cologne in the hope it can gain traction among hardcore gamers to zap past other providers of existing gaming fare. Gamescom, styling itself the biggest event in the European gaming industry, is a sizeable window on the state of play in a mushrooming market worth an estimated $135 billion globally last year, according to analysts, with mobile platforms accounting for about half.
Stadia, details on which first publicly emerged in June at E3, the world’s premier event for computer and video games, offers as its USP the chance for users to play their favourite game on a range of platforms in high-resolution quality on different media from smart TV to console or smart phone.
That presages something of a gaming revolution.
“People have been talking about cloud gaming for 10 years — we are on the third generation of actors. The signals have not yet turned green, but Google has got solid enough guts to try it. We’ve never been so close,” says Laurent Michaud, director of studies at French digital market consultancy Idate.
Gamescom represents a chance for some hands-on experience and the brand’s huge logo, plus its battalion of hostesses on its stand are helping to pull in the curious as they compare relative attractions with rivals led by Sony’s Playstation and Microsoft’s Xbox.
Google CEO Sundar Pichai explained at E3 in Los Angeles the idea is “to build a game platform for everyone” following an initial rollout in 14 countries using a subscription model after an initial bundled hardware purchase. Some games will be free and others will require payment. Even so, the Gamescom evidence after Monday’s opening suggested interest had yet to hit the heights of neighbouring stands Nintendo or Konami — the latter being the developer of Pro Evolution Soccer’s latest gambit PES 2020.
“I find their concept interesting, but I have doubts as to their capacity to guarantee good connectivity,” commented stand visitor Rishil Kuta, 22. The keen console user said that he would nevertheless be “ready to pay” a premium for a “stable” product.


Gamescom is Europe’s largest gaming fair

Not sharing that opinion was Steven Mertes, 28, who said he did not see himself as ready to log off from his PC or close his console “which propose games of much better quality.”
“I have always been used to playing on a computer — it’s much more comfortable,” he said.
Whichever way the cloud gaming cards fall, the race is on to hook players, especially the hardcore ones, for next-generation gameplay.
“The most difficult gamers to convince will be the ‘hardcore gamers.’ They may not be as numerous as occasional players, but they are the ones who count. If they don’t go to a platform things could be difficult,” said Michaud.
The hardcore brigade tend to be willing to pay out for the rig and content they want, but are often highly attached to their favoured support environment, be it console or PC-based.
Beyond the task of converting gamers to Stadia, Google must address various technical obstacles that go with the territory of developing cloud gaming.
Although Stadia is promising 4K high resolution at 60 frames per second for minimal time lag, it remains to be seen how the platform can persuade players who may not have suitably adapted screens along with fibre optic broadband or 4G connections to subscribe.
“We have a small doubt on the development of cloud gaming,” said Wandrille Pruvot, CEO of Xtra Life, a cloud-based apps manager for Apple.
“The challenge will notably be technical as the better the resolution, the greater the need for a quality Internet network.

Oil prices fall but losses limited by Brexit deal hopes

Updated 18 min 48 sec ago

Oil prices fall but losses limited by Brexit deal hopes

  • US retail sales in September fell for the first time in seven months adding to economy fears

LONDON: Oil prices fell on Thursday as industry data showed a larger than expected increase in US inventories but losses were limited after Britain and the EU announced they had reached a deal on Brexit.

Global benchmark Brent crude was down 37 cents at $59.05 in afternoon London trade while US WTI crude was also down 37 cents, at $52.99.

US crude inventories soared by 10.5 million barrels to 432.5 million barrels in the week to Oct. 11, the American Petroleum Institute’s weekly report showed, ahead of official government stocks data.

Analysts had estimated US crude inventories rose by 2.8 million barrels last week.

“US sanctions imposed on Chinese shipping company COSCO are seriously denting demand for imported crude ... This has a profound impact on US crude oil inventories as reflected in last night’s API report,” said Tamas Varga, an analyst at PVM Oil Associates.

“US refinery maintenance is not helping to reverse the current trend and further builds in US crude oil inventories can be expected in the next few weeks.”

The US imposed sanctions on COSCO Shipping Tanker (Dalian) and subsidiary COSCO Shipping Tanker (Dalian) Seaman & Ship Management for allegedly carrying Iranian oil.

Adding to concerns about the global economy — and therefore oil demand — data from the US showed retail sales in September fell for the first time in seven months. Earlier data showed a moderation in job growth and services sector activity.

Nevertheless, Brexit developments helped limit oil’s decline. Prime Minister Boris Johnson said Britain and the EU had agreed a “great” new deal and urged lawmakers to approve it when they meet for a special session at the weekend.

Analysts have said any agreement that avoids a no-deal Brexit should boost economic growth and oil demand.

However, the Northern Irish party whose support Johnson needs to help ratify any agreement, has said that it refused to support the pact.

Hopes of a potential US-China trade deal also supported oil. The commerce ministry in Beijing said China hoped to reach a phased agreement with Washington as early as possible.

But the German government has lowered its 2020 forecast for economic growth to 1 percent from 1.5 percent, the economy ministry said. It said Germany, Europe’s largest economy, was not facing a crisis.