In news that could weigh heavily on the future success of Apple TV, Microsoft has confirmed it is working to bring an affordable streaming device to market that would allow users to play Xbox games without the need for a full-blown console. It has been suggested for years that Microsoft wants to make gaming accessible to more people by cutting out the need to invest in a pricey console.
Link: Microsoft Developing Low-Cost Xbox Streaming Dongle That Could Rival Apple TV
via http://www.macrumors.com