Xbox CEO Asha Sharma told staff in a memo obtained by The Verge that the company will return to player and revenue growth by the end of fiscal year 2027, following a massive reset that included thousands of layoffs and the spin-off of four studios. Sharma stated that profits will improve back in line with … Read more
Xbox content and services revenue, including the Game Pass subscription, dipped 10 percent over the past few months alongside a 13 percent drop in hardware sales, according to Microsoft’s fourth-quarter earnings report. Despite the downturn in the gaming division, Microsoft CEO Satya Nadella stated that the company expects to return the business to growth in … Read more
According to technology leaders across Africa’s banking, insurance, fintech, and public sectors, cloud continuity has become a primary operational challenge as digital services grow mission-critical. While major cloud providers build internal redundancy, enterprises frequently rely on a single connectivity route to reach those platforms, exposing operations to severe risks during infrastructure disruptions like subsea cable … Read more
Microsoft Expands Xbox Backward Compatibility to PC Microsoft has launched an initiative to bring original Xbox games to PC, beginning with an initial selection of four titles. This effort is part of a broader strategy to preserve gaming libraries across multiple platforms. Initial Game Library and Access The first four titles released under this program … Read more
Jared Palmer, the former Xbox vice president of engineering, has departed Microsoft after less than a year to join the AI startup Cognition. Palmer, who joined Microsoft’s CoreAI team in October 2023, announced his move on X today, citing a transition to lead engineering at the lab behind the AI coding tool Devin. His departure … Read more
Enterprises are increasingly moving toward on-premise, open-source AI models to avoid the risks of proprietary systems. Microsoft CEO Satya Nadella recently warned that companies using proprietary AI risk losing their proprietary business intelligence, as model makers often train on customer data and corrections. This shift toward self-hosted, open-source solutions allows businesses to retain data sovereignty … Read more
Microsoft is developing a “Disc2Digital” feature for Xbox consoles, which will allow players to convert physical game discs into digital entitlements. Sources familiar with the company’s internal plans indicate that the program is currently in testing, potentially paving the way for future hardware releases that may lack built-in optical disc drives. How the Xbox Disc-to-Digital … Read more
Microsoft is preparing to announce job cuts next week that will impact thousands of employees across its sales, consulting, and Xbox divisions. According to people familiar with the situation, the layoffs will affect less than 2.5% of the company’s 220,000-person workforce as the tech giant seeks to control costs while increasing spending on artificial intelligence. … Read more
Microsoft is preparing for a significant restructuring of its Xbox gaming division, with sources telling The Verge that the company plans to initiate a wave of layoffs starting July 6. The reorganization reportedly includes the potential closure of at least five game studios, the possible cancellation of the upcoming title Marvel’s Blade, and efforts to … Read more
CoreWeave (NasdaqGS:CRWV) has disclosed a $99 billion backlog of contracts tied to large-scale AI infrastructure. The company provides GPU cloud capacity to major industry players, including Nvidia, Meta, Microsoft, and OpenAI, to support long-term AI workloads and high-performance computing demands. What is driving CoreWeave’s $99 billion contract backlog? The $99 billion backlog represents long-term commitments … Read more