Earlier this week the director of programming for Xbox Live Larry "Major Nelson" Hryb took to NeoGAF to express his distaste for the term "Xbone." Hryb said that the term was disrespectful to the team developing the system at Microsoft.
"I don't like it," he wrote on 9th September. "It disrespects the teams that have put in thousands of hours (already) into the development of the product. Sure, it's cheeky but I don't care for it myself."
Well no matter what Hryb thinks of the term, it seems that Microsoft decided later in the week to lock down the Xbone.com domain. The domain was not created to mock Microsoft's upcoming console; it was actually created way back in March of 2000. What Microsoft does with it is anyone's guess but it won't be used to further mock their product.
For the time being the site redirects to a Bing search page for "Xbone."