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Microsoft addresses the huge Xbox leaks: here’s Phil Spencer’s full memo (www.theverge.com)
submitted 2 years ago by [email protected] to c/[email protected]
25 comments fedilink hide all child comments
 

The leaks revealed plans for a revised Xbox Series X.

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[–] [email protected] 78 points 2 years ago (2 children)

Honestly if you read the actual email I think there could be significant legal trouble ahead.

Spencer talks about how the main barrier to acquiring Nintendo is that they sit on a mountain of cash. He calls that unfortunate. He then proceeded to state a company with connections to Microsoft had just bought a lot of Nintendo shares, and how they could work with said company to make such an acquisition a reality.

The company in question publicly bought a massive amount of Nintendo shares. They then proceeded to pressure Nintendo to invest more capital instead of sitting on the cash pile they have now. They did this under claims that such a move would be beneficial to Nintendo in terms of ROI. However, it would also result in Nintendo being more vulnerable to an acquisition from Microsoft if any of those bets don't pay off.

In short, it could be argued that Microsoft worked with investors to tank Nintendo so they could buy it. That's a huge deal and will probably result in a shitstorm.

[–] [email protected] 28 points 2 years ago (1 children)

I'm sure that Microsoft will get the $10M fine they deserve.

[–] [email protected] 10 points 2 years ago

Paid for by mass layoffs and rewarded with an exec bonus.

[–] [email protected] 1 points 2 years ago (1 children)

In short, it could be argued that Microsoft worked with investors to tank Nintendo so they could buy it. That’s a huge deal and will probably result in a shitstorm.

I mean, Nintendo selling shares of their company is a specific decision they have made. Do you think they are confused that people other than Nintendo employees are buying these shares? Or that the investors would have an agenda other than just being "Nintendo fans"?

[–] [email protected] 7 points 2 years ago (1 children)

Investors generally want to get a positive ROI. They don't want to tank the company to the point where it can be acquired by another company for pennies on the dollar.

Look at Nokia. When they hired a former Microsoft exec, they weren't expecting him to tank the entire company so it could be acquired by Microsoft.

[–] [email protected] -1 points 2 years ago

The term "activist investor" exists for a reason. And nothing from that email suggests that MS was looking to "tank" Nintendo in some nefarious plot.

[–] [email protected] 29 points 2 years ago* (last edited 2 years ago) (4 children)

and even discussions about acquiring Nintendo.

Ew wtf? We’re truly headed towards a future where Microsoft just owns everything huh?

[–] [email protected] 27 points 2 years ago* (last edited 2 years ago) (1 children)
  • June 11, 2018 Ninja Theory
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"headed". if it wasn't for them being scared about the activision blizzard deal not being hand waved through like it was, there wouldn't have been the 2020-2022 pause too. that'll get right back on track now. Microsoft does deals for acquisitions in feb targetting june for completion normally so about then.

[–] [email protected] 11 points 2 years ago (1 children)

Imagine having specific months every year where you prepare to break and then break (if not the letter then definitely the spirit of) antitrust laws and most people either don't know or pretend that there's nothing wrong with it 🤬

[–] [email protected] 9 points 2 years ago (1 children)

June lines up with the end of fiscal quarter 2, so it kind of makes sense.

[–] [email protected] 3 points 2 years ago

Yeah, it isn't the logic of the timing I take issue with lol. Thanks for the reminder though 🙂

[–] [email protected] 11 points 2 years ago

Am not sure EC would let that one slide as they really like multiple companies competing for same slice of market. That way everyone benefits. Microsoft was already kicked in the teeth for Office and browsers back in the day for trying to dominate the market.

[–] [email protected] 9 points 2 years ago

To quote Picard, "The line must be drawn here! This far! No further!"

[–] [email protected] 2 points 2 years ago (1 children)

So I don't remember where but I'd heard about Microsoft wanting to buy Nintendo long time ago. The suits are always spitballing.

[–] [email protected] 8 points 2 years ago

They made an offer like 20 years ago and got laughed out of the room.

[–] [email protected] 23 points 2 years ago (1 children)

So they're sorry people didn't like the idea? Is that the message?

[–] [email protected] 15 points 2 years ago (1 children)

And "please ignore the content of the documents and instead, hey look Starfield is great right!?"

[–] [email protected] 20 points 2 years ago (1 children)

And funnily enough Starfield being Xbox/PC exclusive is an example why their hoarding is bad for gaming, and why the Activision deal shouldn't pass.

[–] [email protected] 4 points 2 years ago (2 children)

How about they buy sega instead

I want more sonic mania games and apparently sega won’t make them.

[–] [email protected] 1 points 2 years ago (1 children)

I'm sure they could have a partnership with them without having to purchase them. They could just fund some games for console exclusivity or something similar.

[–] [email protected] 1 points 2 years ago

Yeah, look at how almost every game in the Yakuza become permanent residents on Game pass. One of the next game will even be on GP on day 1. They must be in a very good relationship

[–] [email protected] 1 points 2 years ago

Given the Dreamcast and Xbox are practically cousins, I've always been surprised they didn't buy em earlier