There was a time when it looked like Microsoft might have to change the name of it’s upcoming Xbox console, due to the fact that the name was already registered and being used by Xbox Technologies, a subsidiary of US-based Knowledge Mechanics.
Then everyone remembered something: Microsoft has a giant underground cavern stuffed with riches. So, today it was announced that this dispute has been settled.
Robert Koolen, Vice President of Marketing for Knowledge Mechanics, said "It was a very, very mutually satisfying agreement.'' He then burst out laughing and ran to the Ferrari showroom. Allegedly.