Vivaty, a 3D virtual world... shut down in April, saying it was out of money. At the time, Founder Keith McCurdy, a former VP at Electronic Arts told VentureBeat the company was in the final stages of being sold and that its IP would be used “as the foundation for something else.” The buyer was Microsoft, McCurdy tells us in an e-mail.
Emphasis mine, for obvious reasons. My interpretation: This report very likely suggests the kernel of truth to the strange rumors pinging through the Internet. Also, it illustrates a fourth thing to keep in mind about tech rumors: A named, credible source is about ten times as reliable as an unnamed source of unknown provenance.