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

  • Forex Market: EUR/USD snaps three days of declines on weaker-than-expected US housing dataForex Market: EUR/USD snaps three days of declines on weaker-than-expected US housing data The euro snapped three days of declines against the US dollar, following US housing data that came below market expectations, adding to fears the US housing sector might be slowing momentum. However, gains were capped as the 18-nation common […]
  • Strong Central Bank Buying Reinforces Gold Price SupportStrong Central Bank Buying Reinforces Gold Price Support Key Moments ING analysts report that central banks significantly increased Gold purchases in February after a quieter January. Net buying was driven by Poland, with ongoing accumulation from China, the Czech Republic, and other […]
  • Forex Market: USD/MXN daily trading forecastForex Market: USD/MXN daily trading forecast Yesterday’s trade saw USD/MXN within the range of 13.6223-13.6833. The pair closed at 13.6705, gaining 0.13% on a daily basis.At 8:11 GMT today USD/MXN was down 0.10% for the day to trade at 13.6606. The pair touched a daily low at […]
  • EUR/USD edges lower following ZEW institute reportsEUR/USD edges lower following ZEW institute reports The euro edged lower against the US dollar on Tuesday, as the Zentrum für Europäische Wirtschaftsforschung (ZEW) released mixed data regarding economic sentiment and current situation in Germany and the Euro zone as a whole.EUR/USD reached […]
  • Sony share price up, announces a replacement for Amy PascalSony share price up, announces a replacement for Amy Pascal Sony Corp named a replacement for Amy Pascal, who left Sonys movie division earlier this month following the massive cyber attack that left Sony Pictures Entertainment without its computer network for several days.Tom Rothman is set to […]
  • Safe-Haven Flows Lift Dollar as CHF Slips on GDPSafe-Haven Flows Lift Dollar as CHF Slips on GDP Key Moments: USD/CHF traded around 0.7890 in Asian hours on Wednesday, extending gains for a second consecutive session. The US 30-Year Treasury Yield eased to 5.181% after touching a near 19-year high of 5.200% on Wednesday. […]