Did Microsoft Leak Its Own Xbox Information? Phil Spencer Promises 'Real Plans' In The Future
Portfolio Pulse from Franca Quarneti
Microsoft Corp (NASDAQ:MSFT) faced a significant leak of confidential information related to Xbox plans and discussions. The leaked documents, originally intended for the Federal Trade Commission's (FTC) involvement in Microsoft's acquisition of Activision Blizzard Inc (NASDAQ:ATVI), were accidentally made public. The documents offered an inside look at Xbox's operations from 2019 to 2022, including plans for mid-gen updates and next-gen consoles, the company's cloud gaming aspirations and discussions about acquiring other gaming companies.
September 20, 2023 | 6:43 pm
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NEGATIVE IMPACT
The leaked documents were originally intended for the FTC's involvement in Microsoft's acquisition of Activision Blizzard. This could potentially impact the acquisition process.
The leak of documents related to the FTC's involvement in Microsoft's acquisition of Activision Blizzard could potentially impact the acquisition process. This could affect Activision Blizzard's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Microsoft faced a significant leak of confidential information related to Xbox plans and discussions. The leak could potentially impact the company's reputation and future plans.
The leak of confidential information could potentially harm Microsoft's reputation and future plans. It could also affect the company's stock price in the short term as investors may see this as a sign of poor internal controls.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100