JAPANESE CONSOLE MAKER Sony is building technology into its next games console that will allow game players to stream video games, according to reports.
Citing sources "familiar with the company", the Wall Stret Journal reported that the technology will debut this week at a New York event along with the firm's fourth console, rumoured to be called the Sony Playstation 4.
However, the sources said that the streaming technology in Sony's Playstation 4 will only work Playstation 3 video games to start with, and Playstation 4 games will be purchased and played on optical discs like the Playstation 3 until Sony is ready to move towards 100 percent cloud gaming.
According to the Wall Street Journal, Sony was able to build this streaming technology into its next console due to its purchase of Gaikai, a Japanese cloud based gaming service that Sony bought for $380m earlier this year.
Gaikai is one of few companies that offer the simple streaming of games without the need for high-end graphics, direct from the cloud without a computer or gaming console.
Sony teased the world earlier this month when it said it would hold an event this February to tell us something about the Playstation. A holding page on Sony's website will let you sign up to receive information on what is happening, but otherwise the information is limited to the time and date, 6pm EST on 25 February. µ