Microsoft Corp. shares closed two percent higher in Fri. trading post reveal of policies regarding online, used game, and privacy for the Xbox One hardware.
By mid-day Fri., Microsoft shares held a gain of 2.03 percent to close at $35.67 on the NASDAQ chart. The stock has held an increase of 24 percent year-to-date.
Meanwhile, shares of GameStop Corp. rose 6.15 percent to close at $36.75 Fri. afternoon.
The gain follows publication of new online requirements, used game protocol, and privacy settings information for the Xbox One.
The Xbox One will require users to check in online once every 24 hours or one hour if the user is logged into a separate console. If the console does not check in, the hardware will be limited to non-game use including DVD and Blu-ray disc playback.
In addition, publishers will dictate whether or not a game title can be resold. If allowed, the title can be resold to participating retailers. Microsoft will not charge a fee to any party to resell game titles. The option to loan or rent titles will not be available at launch.
Finally, the mandatory Kinect camera will include privacy options to prevent the camera from recording or uploading video or audio. Any data captured, including videos, photos, and heart rate is said not leave the hardware without the user’s permission.
The Xbox One will launch holiday 2013.