XBOX FACES CHALLENGES DESPITE SUMMER GAME FEST WINS
Microsoft's June showcase delivered major announcements including Halo, Gears of War, and Fable titles, yet the gaming division continues to struggle with broader industry headwinds.
Gears of War: E-Day. This is The Stepback, a weekly newsletter breaking down one essential story from the tech world.…
Compulsion and Double Fine studios will become independent; Undead Labs and Ninja Theory will be sold. Xbox will also lo…
Bloomberg: Memo: Xbox CEO Asha Sharma says the unit will divest five studios, including Ninja Theory, alongside ~3,200 j…
Microsoft Corp.'s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massiv…
Xbox will lay off 3,200 workers as part of mass restructuring.
Move affects ~20% of the gaming division, which will refocus on its biggest franchises.
Thousands of gaming jobs will be shed over the coming fiscal year as Microsoft continues to invest heavily in AI Microso…
Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massiv…
Ben Fritz / Wall Street Journal: Source: Xbox Game Pass currently has about 30M subscriptions; document: Microsoft had p…
Wall Street Journal: OpenAI, Anthropic, and other top AI labs are offering startups token credits and special promotions…
Mauro Orru / Wall Street Journal: UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its…
It's another bad week for the video game industry. Microsoft outlined a series of layoffs on Monday that Xbox CEO Asha S…
The game maker is also canceling a planned sequel to last year’s ‘Avowed’