Microsoft addresses the huge Xbox leaks: here’s Phil Spencer’s full memo

Comments

• hesusingthespiritbomb@lemmy.world ⁨1⁩ ⁨year⁩ ago

  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.

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  • dandroid@dandroid.app ⁨1⁩ ⁨year⁩ ago

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

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  • Goronmon@kbin.social ⁨1⁩ ⁨year⁩ ago

    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"?

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    • hesusingthespiritbomb@lemmy.world ⁨1⁩ ⁨year⁩ ago

      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.

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• CaptainEffort@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  and even discussions about acquiring Nintendo.

  Ew wtf? We’re truly headed towards Microsoft just owning everything huh?

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  • echo64@lemmy.world ⁨1⁩ ⁨year⁩ ago

    • June 11, 2018 Ninja Theory
    • June 11, 2018 Undead Labs
    • June 11, 2018 Compulsion Games
    • June 11, 2018 Playground Games
    • November 10, 2018 inXile Entertainment
    • November 10, 2018 Obsidian Entertainment
    • June 9, 2019 Double Fine Productions
    • September 21, 2020 ZeniMax Media
    • January 18, 2022 Activision Blizzard
    • April 5, 2023 Nemesys Games

    “headed”

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    • Viking_Hippie@lemmy.world ⁨1⁩ ⁨year⁩ ago

      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 🤬

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  • MossBear@lemmy.world ⁨1⁩ ⁨year⁩ ago

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

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  • MeanEYE@lemmy.world ⁨1⁩ ⁨year⁩ 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.

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  • GunnarRunnar@kbin.social ⁨1⁩ ⁨year⁩ ago

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

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    • stopthatgirl7@kbin.social ⁨1⁩ ⁨year⁩ ago

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

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• NocturnalMorning@lemmy.world ⁨1⁩ ⁨year⁩ ago

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

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• Bye@lemmy.world ⁨1⁩ ⁨year⁩ ago

  How about they buy sega instead

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

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  • Dasnap@lemmy.world ⁨1⁩ ⁨year⁩ ago

    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.

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