Microsoft Nabs Alleged Xbox 720 Hacker

Software and tech hardware companies have to protect their secrets and shield their upcoming products from the prying eyes of competition right up to the day they choose to announce. In a multi-billion dollar industry like gaming, market players take this kind of thing seriously. Very seriously. An Australian hacker was visited by a handful of law enforcement officials this week on allegations that he’s been stealing intel about the not-yet-released new Xbox, a Microsoft product. (NASDAQ:MSFT)