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Settlement reached over 'Xbox' name dispute
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Posted by: Canis Lupus
The 800-pound gorilla has once again given out a truckload of bananas to extend its share of the jungle.
Seattle, June 15 (Reuters) - It's settled: Microsoft won't be forced to turn the Xbox into a Ybox.
The software giant on Friday reached an agreement with XBOX Technologies, a small technology holding company that will -- in exchange for an undisclosed reward -- alter its name and drop a challenge to Microsoft's use of the name "Xbox" for its upcoming video game console.
Details of the deal will be kept under wraps, according to the companies.
"It was a very, very mutually satisfying agreement," said Robert Koolen, vice president of marketing for Knowledge Mechanics, a computer-based education company that is the main holding of XBOX Technologies.
Very mutually satisfying, eh? I bet 
<font size="1"><b>Source: <a href="http://www.reuters.com/news.jhtml?type=technology" target="_new">Reuters</a></b></font>
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