Today, another rumor may have prematurely revealed a cornerstone of Microsoft's press conference. Winrumors reports that Microsoft will likely use its presentation to unveil Xbox Live Diamond, the Xbox 360's long-awaited IPTV service. The company apparently is planning a demonstration of the service--code-named "Orapa"--for the event, but it is still in the process of trying to lock down agreements with cable television providers and other involved third parties.
The official story: When queried, Microsoft reps would only say, "We are excited to share our latest news at E3 during our news briefing on the morning of Monday, June 6, 2011, at the Galen Center on USC Campus in Los Angeles."
Bogus or not bogus?: Since Microsoft has been promising IPTV for the Xbox 360 as far back as January 2007, many industry watchers have taken an "I'll believe it when I see it" approach. However, with reputable outlets like Reuters reporting that Microsoft may be getting into the television game with the Xbox 360, Monday's press conference could indeed see the long-awaited feature take shape.