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(Reuters) – Microsoft Corp (NASDAQ:-RRB- revealed ‘Project Scorpio’, a brand-new Xbox console that will support ultra-high resolution pc gaming and virtual truth, while also releasing a slimmer variation of its Xbox One console at the computer game conference E3 in Los Angeles on Monday. Project Scorpio, which will have the capability to power virtual truth experiences and 4K pc gaming, is expected to be offered during the holiday in 2017. The console will be compatible with Xbox One games and accessories. Details on its rates were not revealed. Sony Corp (T:-RRB- likewise said at the conference it would release its virtual truth headset for PlayStation in the United States by mid-October. Sony stated it would include brand-new titles to its PlayStation console, consisting of Marvel’s Spider-Man, God of War and Call of Responsibility: Infinite Warfare. Microsoft introduced a collaboration with Oculus Rift last year, makinged some Xbox One video games playable on Oculus’ virtual reality platform. The new Xbox One S console, an upgraded version of the Xbox One launched in 2013, will bring new features such as streaming support for 4K videos, which supplies four-times the resolution of high-definition material. The Xbox One S will be offered in August and its base model will be priced at $299. Microsoft likewise revealed a variety of new online games at the conference, including Gears of War 4 and Forza Horizon 3. The business likewise presented Xbox Play Anywhere, that permits gamers to buy a video game as soon as and play it on both their Windows 10 PC and Xbox One console. Disclaimer: Blend Media want to remind you that the data included in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex rates are not supplied by exchanges but rather by market makers, and so prices might not be accurate and might vary from the actual market price, indicating rates are a sign and not necessary for trading functions. For that reason Fusion Media does n`t bear any obligation for any trading losses you might incur as an outcome of utilizing this data. Blend Media or anybody included with Combination Media will decline any liability for loss or damage as a result of dependence on the details consisting of information, quotes, charts and buy/sell signals contained within this site. Please be fully informed concerning the risks and costs related to trading the monetary markets, it is among the riskiest financial investment forms possible.