Microsoft just bought R2 Studios, a company that
Apple and Google were both after, to help the Xbox continue its assault on living rooms across the world. R2 Studios, which was founded by Blake Krikorian (the guy who also made the Slingbox), apparently "works on" technology related to distributing and displaying digital media on televisions.
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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/zQ2fBbwfYS4/microsoft-just-bought-a-company-thatll-help-the-xbox-win-your-living-room
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