Last Friday Kotaku "reported" that their "inside sources" told them that Square Enix has decided to cancel Final Fantasy Versus XIII. The "report" went on to say that one of the "sources" has stated that due to the lengthy development time that SE wanted to kill Versus XIII quietly and let it fade into obscurity. Another "source" said that SE decided to pull some of the assists used in Versus XIII and add them into Final Fantasy VX. The Kotaku "report" presented these speculations as fact and the rest of the internet went a buzz, with other news outlets sourcing the article. Fans on both sides of the fence were either sadden, not surprised, happy or indifferent on the news. The rumors were being tossed back and forth with speculations added in that SE president Yoichi Wada went on to Twitter to set the record straight with the following tweet:
Which roughly translate to:
There's someone making a false rumor that Versus was canceled. Haha...Just a minute ago, the regular Versus meeting ended. If you saw the presentation of the city, it'd knock you off your feet~lol".
Now I have no problem with reporting on rumors and speculations, so long as the rumor tag is added in or if its in the title of the article, such as the rumor that we reported on back in May about Versus XIII being renamed as Final Fantasy XV. Rumors are rumors and its fun to speculate what will really be announced. But when you present the story as being true and not having any evidence to back the story up other that "inside sources", you do your readers a disservice. And not just them but also other gaming news outlets who sourced the article. Maybe that's why everyone calls Kotaku the Daily Sun of gaming news. Regardless, real news about SE projects, including the fate of Versus XIII, will be revealed on September 1, three weeks before TGS 2012. Until then any news about any of SE's projects that have the words Final, Fantasy, Fabula, Novalis, Versus XIII, Lighting Saga, and KH3 should be regarded as rumors till they give an official statement.