Earlier today, we (skeptically) reported on the rumor that Microsoft was going to take over video game publisher Electronic Arts. Turns out, it's not true.
"There's no truth to the speculation" said David Dennis, a Microsoft spokesman, "We have no plans to purchase EA."
Well, there you go, and now you know.
Takeover or not, something caused EA's stock to jump like 5% today. Are the world's financial markets really so susceptible to unfounded rumors that a blog post and/or a whispered conversation will really result in the movement of millions of dollars? Or do you think market insiders know something about EA that we do not?
Comments
Displaying 1–20 of 37
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Tolkienfanatic
Now you know*
lookatthisguy
Maybe that was the intent? (Boosts in stock prices)
Either way, at least now I know that's 140 comments I won't feel compelled to read now on the other posting.
Tolkienfanatic
And also, yes of course the financial market is susceptible to unfounded rumors, that is what the entire thing is based off of.
FLP_B01
you see. . .EA isnt as dumb as M$ thinks.
Moye Ishimoto
Well, that's what they say NOW...
RRODisBack
Much ado about nothing.
deline
Hahaha poor Microsoft and EA.
DreamingDarklyRobin
The Ps3 fans are so easy to rile up, even the smallest of rumors make 7 pages.
gravy666
World Takeover = Averted
Fuzion9
whew good
ParanoiDave
@DreamingDarklyRobin
What, and 360 fanboys are any different? The smallest comment about a PS3 port performance issue makes the 360 fanboys go crazy, claiming superiority when they have nothing to back it up with. Not that it's any different with PS3 fanboys. But still, you're acting like PS3 fans are the only ones to get easily riled up.
But it's also very much obivous why that's coming from someone like YOU. So I can't say I'm surprised.
Warrior567
YOU LIE wall street rumors
Spoonpwner
ooook microsoft. gotcha ; )
DEAThHEART
I've read the previous article, and yes i made a couple of comments. But only the point out how stupid the xbots were for believing something like Microsoft buying EA. You can go check yourselves, the most comment you will read are from xbots saying how the ps3 was going to die and how the 360 would have being the only console...
Now i read that it was the sony fanboys who were flaming on??!! You xbots are hypocrites, dumb, and jackasses, all of you.
SiK
LOL we will see, I would love to see Dead Space 2 as a Xbox 360 Exclusive!
SG_17
...and that was some Vital Information for your Everyday Life.
cwhas2godhands
"There's no truth to the speculation" said David Dennis, a Microsoft spokesman, "We have no plans to purchase EA."
and tomorrow microsoft will probably buy ea. honesty in corporate america is like mormons in compton.
vinny87
My answer to this is duh
Krypton
You can suddenly hear the rejoicing of PS3 fanboys as they become aware that they are not about to be destroyed.
MarcusRawks
You can suddenly hear the cries of Xbots as they become aware that they have NOTHING going for them and are about to be destroyed.
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