Quote:Microsoft have been very sneaky about revealing any details about the next-gen Xbox. From a business magazine called Calcalist, they purchased Pando, a torrent app, for $11 Million. Now, the interesting part is what the article in the magazine was saying. They said, “Fendo developed a file transfer service between P2P users, and made it the means of distribution based cloud service for games, video and software content giants, while active large file transfer service for consumers and businesses. The purchase was made in part to give Microsoft an advantage in sharing media files for the launch of the new Xbox gaming console is expected in June, and to compete with Sony, who revealed last month its future media console PlayStation 4."

The article continued, "More than 30 million users have installed the software Fendo File Transfer, which allows sending free files size up to 1 GB – SATA. The clients of Fendo one of American television network NBC Universal, which uses its own technology to deliver HD TV PC.

In recent years the gaming industry has become the biggest client of Fendo, thanks to technology that allows distribution of games with a volume of installation files over 1 GB – SATA. Its customers include Nexon, Riot Games, Turbine, Gala-Net and LevelUp."

Hearing this you might think it's pretty bogus, but Calcalist is a professional business magazine and most likely wouldn't lie about something like this.