The latest Xbox 720 release date news, fresh from the digital presses, is, like most pieces of Xbox 720 news, a rumor. Until Microsoft's special announcement on May 21, all the news we get about the Xbox 720 will be rumors. We've heard about always on requirements, $70 games and $500 price tags, 64 person multiplayer, and a slew of other rumors in the last few months. But this piece of Xbox 720 release date news concerns the name of Microsoft's next gen system.

Contrary to current belief, the system may not be called Xbox 720 after all, it could be called Xbox Fusion. Why do we rumormongers think this? Because Microsoft has been gobbling up domain names for Xbox Fusion related sites, according to a report from Fusible.

This particular Xbox 720 release date rumor isn't all that new, a discussion about the Xbox fusion name has been taking place on an Xbox forum since January. But Fusible's report brings us some hard evidence that Microsoft is planning to do something with the Xbox Fusion name, even if it doesn't turn out to be the name of their next-gen console. Microsoft owns XboxFusion.com, as well as XboxFusion.info, XboxFusion.biz, XboxFusion.de, XboxFusion.co.uk and others.

Of course, this piece of Xbox 720 release date news isn't proof positive the next gen Xbox will be called Xbox Fusion. They also own XboxNext.com and Xboxgold.com, and it's worth noting that Microsoft does NOT own Xbox720.com. That site is registered as owned by WhoisGuard, a company which owns approximately 1.6 million other web domains. While they might not be straight-up cyber squatters, it's a safe bet that if the next gen Xbox is indeed named the Xbox 720, Microsoft will just buy the site. The company did the same thing with Halo4.com.

The concept of Xbox Fusion seems legit if you consider the fact that the next gen Xbox will likely be integrated with Windows 8, your home PC and, through Xbox Smartglass, your tablet or smartphone. It will be a fusion of all these different Microsoft products, so in that sense the name adds up.

Hopefully, most of the mysteries surrounding the Xbox 720 will be revealed once the company has their official coming out party for the new system on May 21. Until we know anything official, all we have to go on are the numerous leaks from anonymous sources. According to leak site vgleaks.com, and confirmed by an anonymous source, these are the tech specs for the Xbox 720:

CPU:

- x64 Architecture

- 8 CPU cores running at 1.6 gigahertz (GHz)

- each CPU thread has its own 32 KB L1 instruction cache and 32 KB L1 data cache

- each module of four CPU cores has a 2 MB L2 cache resulting in a total of 4 MB of L2 cache

- each core has one fully independent hardware thread with no shared execution resources

- each hardware thread can issue two instructions per clock

GPU:

- custom D3D11.1 class 800-MHz graphics processor

- 12 shader cores providing a total of 768 threads

- each thread can perform one scalar multiplication and addition operation (MADD) per clock cycle

- at peak performance, the GPU can effectively issue 1.2 trillion floating-point operations per second

High-fidelity Natural User Interface (NUI) sensor is always present

Storage and Memory:

- 8 gigabyte (GB) of RAM DDR3 (68 GB/s)

- 32 MB of fast embedded SRAM (ESRAM) (102 GB/s)

- from the GPU's perspective the bandwidths of system memory and ESRAM are parallel providing combined peak bandwidth of 170 GB/sec.

- Hard drive is always present

- 50 GB 6x Blu-ray Disc drive

Networking:

- Gigabit Ethernet

- Wi-Fi and Wi-Fi Direct

Hardware Accelerators:

- Move engines

- Image, video, and audio codecs

- Kinect multichannel echo cancellation (MEC) hardware

- Cryptography engines for encryption and decryption, and hashing

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