Microsoft Updates Xbox as Apple to Facebook Gain in Gaming: Tech

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Microsoft Corp. is revamping the Xbox to fend off a breed of competitors ranging from Apple Inc. to Facebook Inc. Those companies were nowhere in gaming when the software maker debuted its last version five years ago.

Now these newcomers -- along with the likes of Google Inc. and Amazon.com Inc. -- are posing a threat by introducing their own software and devices that let consumers access an array of games and entertainment on smartphones, computers and home electronics.