Xbox's Game Pass Ultimate Cloud Gaming Running at a Loss, Says Sarah Bond.

TL;DR Summary
Xbox's Sarah Bond revealed during a trial between Microsoft/Activision and the Federal Trade Commission that Xbox Cloud Gaming is not popular relative to other features included in Game Pass Ultimate and is currently running at a loss. Bond explained that users primarily use cloud gaming on console, rather than on mobile devices or PC, and that the cloud gaming experience is not always ideal. Cloud gaming has been a point of contention in Microsoft's legal battles to push the Activision Blizzard acquisition through.
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