Microsoft Reportedly Plans Stripped Down Xbox Set-Top Box To Compete With Apple TV, Roku

Microsoft's Xbox 360 gaming console has given the company a good foothold in the living room, but the company apparently isn't content with that and wants to increase traction with a new lower-cost device, the Verge reports. According to "multiple sources," the blog says Microsoft will offer a streamlined media device that provides access to TV and entertainment services, as well as casual gaming software titles.

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