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Microsoft raises prices of Xbox by 25% to 30% in Europe with the Series S now costing more than the Series X at launch
If Microsoft gutting its Xbox division, laying off staff, and struggling to give its console a real unique selling point hasn’t quite put you off the brand, you will now have to pay hundreds more for its devices if you live in Europe. As originally spotted over in a Resetera thread, the prices of Xbox…
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Here Is Xbox CEO’s Plan To Turn Things Around
While Microsoft itself just set a record for the biggest single-day market cap swing in history, the company’s Xbox division is struggling. How will new Xbox CEO Asha Sharma turn things around? In a memo to staff obtained by The Verge, Sharma shared the top Xbox priorities for the current fiscal year and beyond. These…
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Xbox Was Microsoft’s Biggest Weak Spot Last Quarter
The last couple of months have been grim for Xbox, and to add to its woes, Microsoft’s gaming division experienced a massive $1.7 billion decline in revenue last quarter. At the same time, Microsoft reported that profits had increased substantially during the same April to June period, reaching $35.8 billion in profit thanks to its…
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Double Fine Cuts 25% Of Staff After Separating From Microsoft
After regaining its independence from Microsoft, the veteran, esteemed game developer Double Fine has enacted a sweeping round of layoffs. Studio head Tim Schafer said the San Francisco-based studio laid off 23 people this week, which, according to reporter Jason Schreier, amounted to about 25% of the developer’s total headcount. “As a small, tightly knit…