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Microsoft Quickly Cancels Plan to Raise Xbox Live Gold Subscription Prices

Microsoft Quickly Cancels Plan to Raise Xbox Live Gold Subscription Prices

On Friday, Microsoft (NASDAQ: MSFT) announced a set of price raises for its Xbox Live Gold online gaming service, then reversed itself hours later after a wave of criticism. The IT giant originally announced that Gold would cost $1 more for a one-month membership, lifting its cost to $10.99. Microsoft is no longer offering a one-year option.