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Reports emerged earlier of Microsoft showing their cloud based streaming service to press during one of their events. They were demoing Halo 4 on a low-end Windows Phone. Further rumors have now emerged and are now calling the service’s name as “Rio”.

CNET heard from some of the industry insiders that Microsoft has named this new streaming service “Rio”. Another source added that it was originally codenamed “Ridgeway”. This not only solidifies the rumor of Microsoft launching a streaming service for their devices, it also sheds some light on its name.

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Blogger Paul Thurott has shared more info on this new streaming service. According to him, it has a latency of 45 ms; “which is probably OK for simple single-player gaming but is in fact pretty high for real-time multiplayer gaming,” says Paul Thurott on his site.

Microsoft seems to be competing with Sony’s Gaikai, which is another streaming service that will be used to provide backward compatibility for PlayStation 4. Microsoft’s streaming solution is based on Azure cloud streaming while Sony will be using their own Gaikai.

Stay tuned to GearNuke for latest news and info on this news.

http://gearnuke.com/rumor-microsofts-cloud-based-streaming-service-called-rio/