Reports of Microsoft's purchase of Sony Corp. appeared on the Internet where it was later found to be false. No companies have issued an official statement on this matter.
It looks like someone was in a position to play a working comedy in the tech community as many rose to the occasion with the headline "Microsoft gets Sony Corp", including Sony's Playstation unit. Many rushed to online news channels trying to reinforce the story, however, they could not find many sources confirming the same.
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It turned out to be a fake alarm. Microsoft has not yet acquired Sony and no other companies have issued an official statement as of now. Read more - Prices for LED TVs, refrigerators, and other consumer goods to increase in January
What really happened?
According to an HT Tech report, 'fake news' was initially broken by the Spanish portal 'Microsofters' and translated into English by EN24 which claimed that American tech giant Microsoft acquired Sony Corp for $ 130 billion. An agreement that included other parts of Sony in the agreement.
The report states that Microsoft has acquired Sony Pictures, Sony Music, its mobile unit, its gaming unit, copyright, the camera and even its TV division. What made the news so satisfying to most readers was that of Microsoft's Vice President of Gambling, Phil Spencer.
What would also encourage a few people to get the story online quickly is the fact that Microsoft recently acquired sports developer Bethesda Softworks, for $ 7.5 billion. The acquisition has made Microsoft the sole decision-maker in the company that oversees popular video game franchises such as Wolfenstein, The Elder Scrolls, Doom and Fallout.
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Later, several news outlets confirmed that the report was fraudulent and that Microsoft did not buy Sony.
The domination of false stories
False stories online spread faster than true stories and that is exactly what happened in this case. The report was downloaded by Exchange4Media but later removed the matter after rumors surfaced that it was false.
Second, neither Sony Corporate nor Microsoft affirmed the report or issued an official statement informing them of the allegations.
Finally, what could have been the biggest news of 2020 was just a few non-media applications. As this is still a growing issue we will look into any updates from Microsoft or Sony.