Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Microsoft Corp. has cut out the restrictions on sharing the Xbox One games. Furthermore the new console will not be requiring daily online authentication.

The multinational software company said it would no longer require Xbox to connect to the Internet every 24 hours, nor would it restrict how its video game discs are traded, resold or rented.

A statement posted on Xbox website explains how the company listened to its customers feedback. Don Mattrick, the president of Microsofts interactive entertainment business wrote: “You told us how much you loved the flexibility you have today with games delivered on disc. The ability to lend, share, and resell these games at your discretion is of incredible importance to you. Also important to you is the freedom to play offline, for any length of time, anywhere in the world.”

When the Xbox One is released this November, there will be no need to authenticate the system online every 24 hours – a requirement thought to have been introduced as a digital rights keeping measure and probably for increasing revenue. According to the statement, “After a one-time system set-up with a new Xbox One, you can play any disc based game without ever connecting online again.”

Sony launched a sarcastic video on YouTube last week. The clip is called “Official PlayStation Used Game Instructional Video” and demonstrates how Shuhei Yoshida, president of Sony Computer Entertainment Worldwide Studios, shares his game to a friend.“This is how you share your games on PS4,” Yoshida says. In the next shot, he hands the game to a second person who says, “Thanks,” and the video is over.

The change in Microsoft plans shows how important is for console industry to be flexible and listen to what users love in their product. Actually, thats a general rule in any business.

Microsoft dipped 1.1% to $34.59 at the close of trade yesterday, taking its gain for the year to 30 percent, outperforming the 14% advance of the Standard & Poor’s 500 Index.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Goldman Sachs shares fall for a second straight session on Thursday, bank further downsizes commodities trading divisionGoldman Sachs shares fall for a second straight session on Thursday, bank further downsizes commodities trading division According to a report by Reuters on Thursday, citing sources with knowledge of the matter, Goldman Sachs Group Inc (GS) has eliminated 10 roles, further shrinking its global commodities trading division, as expenses rose and earnings […]
  • EUR/USD on new seven-week highsEUR/USD on new seven-week highs The euro advanced to a fresh new seven-week highs against the greenback on Thursday, as uncertainty over the future of Federal Reserve Banks Quantitative Easing continued to persist, reflecting on the demand for the US dollar.EUR/USD […]
  • Euro zone’s Construction Output sunk againEuro zone’s Construction Output sunk again Earlier today was reported, that construction sector in the single currency zone continued to contract for the fifth month in a row. It turned out to be the most prolonged decline in economic activity in the region since World War […]
  • Oil weekly recap, April 21 – April 25Oil weekly recap, April 21 – April 25 West Texas Intermediate crude fell on Friday to the lowest in two weeks and marked its first weekly decline in three, pressured by US crude supplies rising to the highest level on record. Brent crude also fell on Friday but movement to the […]
  • Soft futures mixedSoft futures mixed Soft futures were mixed on Thursday with sugar, arabica and robusta coffee marking daily gains, while cotton and cocoa traded lower.On the ICE Futures U.S. exchange, arabica coffee for September delivery traded 1.23% higher on the day, […]
  • Sweden’s CPI inflation stable at 1.6% in OctoberSweden’s CPI inflation stable at 1.6% in October Sweden’s annual consumer inflation has remained steady at 1.6% in October, the latest data by Statistics Sweden showed.It has been the lowest inflation rate since July 2021.In October, inflation slowed for:- food and non-alcoholic […]