Ex-OpenAI CEO Sam Altman joins Microsoft after company ousting
Game Developer
NOVEMBER 20, 2023
Altman and OpenAI had an eventful weekend that's left the company in mild disarray and Altman at Microsoft to head up a new AI research team.
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Game Developer
NOVEMBER 20, 2023
Altman and OpenAI had an eventful weekend that's left the company in mild disarray and Altman at Microsoft to head up a new AI research team.
GamesIndustry.biz
JANUARY 16, 2024
Microsoft overtook Apple as the most profitable company at the end of last Friday's trading session in the US. Analysts from investment banking company Piper Sandler noted they were "encouraged by the momentum around the most mature AI products." Read more
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Game Developer
SEPTEMBER 29, 2023
The graphics card company has caught the attention of France's competition authority for its deep relationship with cloud-focused companies like Microsoft and Google.
Game Developer
APRIL 28, 2023
The move comes days after the company's Activision Blizzard deal was blocked in the UK over fears it will allow Microsoft to become a cloud gaming powerhouse.
Game Developer
SEPTEMBER 19, 2023
Leaked documents submitted during the FTC v Microsoft case have laid out the company's hardware plans for the remainder of the decade.
GamesIndustry.biz
APRIL 26, 2024
Microsoft has released its latest financial results, showing significant growth in gaming revenues — thanks in no small part to the acquisition of Activision Blizzard. The company's overall revenues were up 17% to $61.9 billion, primarily due to growth in Microsoft Cloud which saw revenues rise 23% to $35.1 Read more
Game Developer
JULY 21, 2023
AI legislation is still a ways off, but companies such as Microsoft and Amazon say they have committed themselves to transparency and independent third-party testing for their individual AI technology.
Game Developer
JULY 26, 2023
Microsoft only saw a 1 percent increase in gaming revenue during the quarter, but company CEO Satya Nadella claims the future is bright for Xbox.
Game Developer
JUNE 12, 2023
Phil Spencer, Sarah Bond, Matt Booty, and Todd Howard take a look at the year ahead for Microsoft, Xbox, and the company's newly acquired studios.
Game Developer
JANUARY 13, 2023
Both companies are concerned the deal could give Microsoft an unfair advantage in key markets.
GamesIndustry.biz
SEPTEMBER 19, 2023
Microsoft was interested in acquiring Nintendo, an internal email has revealed. Valve, Warner Brothers Interactive, and ZeniMax were also seen as potential targets for acquisition, with Microsoft ultimately opting to buy the latter. Read more
Game Developer
MAY 30, 2023
South Korea's regulatory board finds Microsoft's acquisition of Activision Blizzard a benefit to the company and the console game space at large.
Game Developer
JULY 19, 2023
Microsoft president Brad Smiths says the extension will allow both companies to address the final regulatory issues.
GamesIndustry.biz
DECEMBER 1, 2023
Sign up for the GI Daily here to get the biggest news straight to your inbox For a few decades, Microsoft occupied one of the most privileged and profitable positions any company, in any industry, has ever enjoyed. Read more
GamesIndustry.biz
MARCH 8, 2024
Another swath of Activision QA workers has unionized, as the Communication Workers of America announced today that Microsoft has voluntarily recognized a union for workers at Activision Central Quality Assurance.
GamesIndustry.biz
MARCH 25, 2024
Toys for Bob has reportedly signed a deal with Microsoft after parting ways with the firm last month. The Crash Bandicoot and Spyro developer previously clarified that it was looking to explore "a possible partnership" with its former parent company in a post on the company's website in February. Read more
GamesIndustry.biz
APRIL 10, 2024
Microsoft has also entered an agreement with the games firm to bring NetEase titles to Xbox consoles and other platforms. Blizzard and NetEase had previously been in a partnership for 14 years, which came to an end in 2022 as both companies failed to negotiate renewal of their agreement. Read more
GamesIndustry.biz
MARCH 28, 2024
Sega has sold Relic Entertainment, and will cut 240 roles across Sega Europe, Creative Assembly and Sega HARDlight Relic is best known for the Company of Heroes and Dawn of War games, and recently developed the new Age of Empires for Microsoft.
GamesIndustry.biz
MARCH 21, 2024
Sign up for the GI Daily here to get the biggest news straight to your inbox Four major companies, including Xbox parent Microsoft, have weighed in on Epic's ongoing legal dispute with Apple, supporting the former's claim that the iOS firm is violating the court order given at the end of the 2021 antitrust trial.
GamesIndustry.biz
FEBRUARY 12, 2024
Xbox head Phil Spencer reportedly told employees that Microsoft isn't planning to stop making consoles.
GamesIndustry.biz
FEBRUARY 29, 2024
Sign up for the GI Daily here to get the biggest news straight to your inbox Toys For Bob today announced that it will be returning to its roots as an independent studio, spinning off from Microsoft and Activision Blizzard. "We This opportunity allows us to return to our roots of being a small and nimble studio."
GamesIndustry.biz
JANUARY 31, 2024
Sign up for the GI Daily here to get the biggest news straight to your inbox The fruits of Microsoft's Activision Blizzard acquisition have been shown in its financial results for the previous quarter, with Xbox revenues showing year-on-year growth of 49%. The company brought the Call of Duty publisher into the fold when the $68.7
GamesIndustry.biz
DECEMBER 11, 2023
As ZeniMax Workers United and the Communication Workers of America continue to negotiate their first contract with Microsoft subsidiary ZeniMax, the groups today released an update on talks, saying they have reached a tentative agreement with the company that would impact how it can incorporate artificial intelligence into its business.
GamesIndustry.biz
MAY 23, 2023
Sega has announced it will make 121 redundancies at Company of Heroes developer Relic Entertainment. Sega says it is restructuring the studio to focus on core franchises, including the Company of Heroes series. Company of Heroes 3 launched on PC in February and arrives on consoles this month. Read more
GamesIndustry.biz
JANUARY 18, 2023
Microsoft is conducting layoffs for the third time since July, as reported by CNBC. This round of cuts is the largest of the three, with 10,000 employees being let go, which Microsoft CEO Satya Nadella characterized as less than 5% of the company's total headcount in a memo to employees about the layoffs.
GamesIndustry.biz
AUGUST 31, 2023
The intent felt clear from the start: Microsoft wanted to make a statement. And it was showcasing the much anticipated Starfield on the very first day, in a theatre seating 300 people, with the unexpected company of Xbox boss Phil Spencer and Bethesda director Todd Howard. Xbox attended Gamescom all guns blazing last week.
GamesIndustry.biz
JANUARY 18, 2024
Microsoft laid out a slate of five big games for its 2024 software lineup in a Developer Direct video today, capping the event off with the news that MachineGames' Indiana Jones and the Great Circle will arrive on Xbox, PC, and Game Pass "later this year." Read more
GamesIndustry.biz
NOVEMBER 8, 2023
Four of the biggest companies in the industry have been targeted by a lawsuit accusing them of enabling video game addiction. A complaint filed on October 30 in the Eastern District of Arkansas, spotted by Insider Gaming , names Microsoft, EA, Activision, Ubisoft, and Epic Games, as well as some of their studios, as defendants.
GamesIndustry.biz
NOVEMBER 3, 2023
In all the furore over Microsoft's record-breaking acquisition of Activision Blizzard, it's almost been possible to forget that Sony recently had a major acquisition of its own – a far cry from the scale of the Activision deal, certainly, and not even a match for the price tag of Microsoft's earlier Zenimax acquisition , but Sony's $3.6
GamesIndustry.biz
JUNE 30, 2023
Sign up for the GI Daily here to get the biggest news straight to your inbox Sega has dismissed speculation that it may be acquired by Xbox or any other company after speculation was triggered by the FTC vs Microsoft hearings. Read more
GamesIndustry.biz
MARCH 30, 2023
The event did not take place in 2022, but the ESA announced it had partnered with ReedPop ( GamesIndustry.biz 's parent company) to work on a new version of the show for 2023. However, major companies such as Nintendo, Sony and Microsoft would not support the event. Read more
GamesIndustry.biz
SEPTEMBER 22, 2023
For all the interest piqued by the information accidentally revealed in Microsoft's FTC submissions this week , there's little in the way of surprising revelations in these documents. Read more
GamesIndustry.biz
SEPTEMBER 1, 2023
It's been a little while since we saw a glimpse of the Bad Old Sony – the company that priced the PS3 at $200 above its closest competitor and retorted to criticism by saying that consumers would get a second job to be able to afford the console. Remember those guys?
GamesIndustry.biz
AUGUST 22, 2023
Microsoft has ended production of Azure Kinect, the successor to the Xbox peripheral, drawing a line under the motion-sensing camera's lifespan. As announced in a blog post , the company will stop selling its latest version of the hardware this October or until stocks last.
GamesIndustry.biz
OCTOBER 16, 2023
Activision Blizzard is now a wholly-owned subsidiary of Microsoft after two years of regulatory investigations and in the face of protests from various corners of the games industry. The deal is done. With the 'will they/won't they' part of this saga finally over, the pressing question is: What happens next? "At
GamesIndustry.biz
JANUARY 25, 2024
The company first started prohibiting such apps in 2020 , blocking Microsoft's Xbox Game Pass streaming app (then called ProjectXCloud) and Google's Stadia from the App Store, explaining the move as necessary because Apple could not apply its review process to every game included in such offerings.
GamesIndustry.biz
JULY 26, 2023
Xbox revenues remained relatively flat for the final quarter of Microsoft's financial year, showing a 1% increase for the three months ended June 30. Microsoft's Q4 results show the company's total revenue was up 8% year-on-year to $56.2 billion.
PreMortem.Games
DECEMBER 21, 2023
The research company has shared its end-of-year data which you can check out in more detail here. Looking at the top earners this year, we see that the top 10 public game companies by revenues generated $54 billion in the first half of 2023. According to Newzoo , this year ‘is one for the video game history books’.
GamesIndustry.biz
MARCH 23, 2023
Sign up for the GI Daily here to get the biggest news straight to your inbox Arkane Studio's upcoming shooter Redfall was previously in development for the PlayStation 5; it was scrapped after Microsoft bought Bethesda's parent company ZeniMax Media.
GamesIndustry.biz
OCTOBER 25, 2023
Microsoft has released the results for the first quarter of its financial year, showing a strong start for its gaming business thanks to the launch of Starfield and the inherent impact on Xbox Game Pass. For the three months ended September 30, 2023, the company reported total revenues of $57 billion (up 13% year-on-year), including $13.7
GamesIndustry.biz
SEPTEMBER 1, 2023
Mena Sato Kato has joined Microsoft to lead Japanese partnership operations at Xbox. As Windows Central reported, Kato will oversee global partnerships for Japanese companies at Xbox, in her new role that she began in July. She became vice president of mobile business in 2020 before leaving the position a year later.
GamesIndustry.biz
JUNE 11, 2023
Xbox chief Phil Spencer says Microsoft will generate $1 billion from PC games this year. He reiterates the company's mission to bring "new players and new creators" to what gaming is all about, for the benefit of everyone in the games industry, not just Xbox. Part of that is the growth it's seen on other platforms, including PC.
GamesIndustry.biz
FEBRUARY 16, 2023
The six companies are either an existing competitor or a potential competitor in "console gaming services or cloud gaming services," the CMA explained. Out of those six companies, half of them believe that if Microsoft was to complete its acquisition of Activision Blizzard, it would harm competition.
GamesIndustry.biz
MARCH 2, 2023
Reuters is reporting that the European Commission is expected to approve Microsoft's acquisition of Activision Blizzard without demanding it sell off parts of the publisher first. Read more
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