Peter Moore, a former executive at Xbox, Sega, and Electronic Arts, believes that the future of console generations is being heavily debated within the gaming industry. The topic of console platforms has been gaining traction, especially after Microsoft’s announcement of bringing games to PlayStation 5 and Sony’s plan to have a more aggressive PC strategy…
Microsoft Shares Open Down Following Disappointing Quarterly Revenue Guidance Analyzing Microsoft’s AI Investments and their Impact on Growth Microsoft shares opened down about 2.7% on Wednesday, a day after the software maker issued worse-than-expected quarterly revenue guidance. Many analysts remained optimistic about the company’s prospects, but a few fretted about how recent investments in artificial…
Microsoft Reports Strong Sales for Xbox Division Microsoft has reported relatively strong fourth quarter and full-year (FY23) sales for its Xbox division. For the fourth quarter ended on June 30, 2023, the company said gaming revenue increased $36 million or 1% compared to the corresponding period of the previous fiscal year. Quarterly Xbox content and…
The latest episode of AsumeTech: A Video Game Podcast is now available on all major audio platforms. This week, AsumeTech’s Jordan Middler and Chris Scullion are joined by Pete Donaldson to discuss Microsoft CEO Satya Nadella‘s claim that he wishes console exclusivity didn’t exist. We also discuss today’s big release AEW: Fight Forever, and there’s…
Microsoft CEO Open to Eliminating Console Exclusive Games During his testimony in Microsoft’s court case against the US Federal Trade Commission, CEO Satya Nadella expressed his willingness to remove console exclusive games if it were possible. Nadella, who has been leading Microsoft for over nine years, believes in making software available on as many platforms…
Sony Interactive Entertainment Boss Claims Publishers Oppose Xbox Game Pass Sony Interactive Entertainment (SIE) boss Jim Ryan has claimed that publishers are opposed to Xbox’s Game Pass subscription model. Ryan made these comments during a video deposition aired on Tuesday as part of Microsoft’s ongoing court case against the US Federal Trade Commission. The FTC…
Microsoft Explored Acquiring Sega, Bungie, and IO Interactive In recent years, Microsoft has considered acquiring Sega, Bungie, and IO Interactive. In November 2020, Xbox boss Phil Spencer emailed Microsoft CEO Satya Nadella and CFO Amy Hood, seeking approval to approach Sega Sammy for acquiring its gaming studios. According to an email seen by The Verge,…
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