xbox

Video game retailer GameStop Corp (NYSE:GME) faced concerns over the growth of digital games taking away from physical games and the company's business model. The company may have a new strategy by offering a place to buy retro video games. What Happened: Best known as a meme stock these days,...

Technology giant Microsoft Corporation (NASDAQ:MSFT) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Microsoft reported fourth-quarter revenue of $64.7 billion, up 15% year-over-year. The revenue total beat a Street consensus...

Editor’s Note: This story has been updated with a statement from Microsoft. The Federal Trade Commission (FTC) has expressed its disapproval of Microsoft Corp.'s (NASDAQ:MSFT) decision to raise the prices for Xbox Game Pass and introduce a new "degraded" standard tier. What Happened: Last...

Microsoft Corp. (NASDAQ:MSFT) is reportedly gearing up to expand the presence of AI chatbots in its Xbox gaming service, after bringing it to Office, Windows, and Azure, among other services. What Happened: The AI chatbot, described as an “embodied AI character,” is currently in the...

Microsoft Corp (NASDAQ:MSFT) is reportedly planning to release some of its Xbox games on rival platforms. What Happened: Microsoft is preparing to launch a select number of Xbox games on platforms such as Sony Group Corp (NYSE:SONY)’s PlayStation and Nintendo Co Ltd (OTC:NTDOY)’s Switch...

In the wake of its successful acquisition of Activision Blizzard, tech giant Microsoft Corporation (NASDAQ:MSFT) has been celebrating record-breaking numbers of monthly active users on its Xbox PC and mobile platforms. What Happened: During the second-quarter conference call, Microsoft CEO Satya...

Technology giant Microsoft Corporation (NASDAQ:MSFT) reported second-quarter financial results after the market close Tuesday. Here are the key highlights. Microsoft’s Q2 Headline Numbers: Microsoft reported second-quarter revenue of $62 billion, which was up 18% year-over-year. The revenue...

Microsoft Corp.'s (NASDAQ:MSFT) Xbox has reportedly banned a user for one year for capturing gameplay footage in ‘Baldur's Gate 3'. What Happened: Baldur's Gate 3 is one of the popular role-playing games released in 2023, known for its interactive, story-rich gameplay. Now, one user has got into...

In a recent development, the 2023 Game of the Year “Baldur's Gate 3” has extended its availability to Xbox Series X and S. The game had previously made a successful debut on other platforms, including PC and PS5. What Happened: The Verge reported that the popular role-playing game is...

Microsoft Corp. (NASDAQ:MSFT) is gearing up to challenge rivals Apple and Google with its own Xbox mobile gaming store. The company is said to be in talks with partners now that the $69 billion Activision Blizzard acquisition is complete. What Happened: Phil Spencer, the CEO of Microsoft Gaming, is...

Inflation may have sapped our spending power this Black Friday. EY-Parthenon, in a recent report, expects just a moderate 3% rise in retail sales during the 2023 holiday season, with risks leaning to the downside. That's far behind the 5.8% advance in 2022 and the 13.2% post-pandemic rebound in...

Blizzard Entertainment boss Mike Ybarra thinks that being acquired by Microsoft Corp. (NASDAQ:MSFT) will allow it to be more independent and serve players "better than we ever have." What Happened: Ybarra expressed optimism for the studio's future autonomy following its acquisition by Xbox,...

In a fresh development, Microsoft Corporation (NASDAQ:MSFT) has rolled out a new web-based version of its application store for Windows, replacing the existing way of locating Windows apps online, according to a recent The Verge report. What Happened Microsoft’s tech team has successfully...

A former Goldman Sachs Group Inc (NYSE:GS) employee has been charged with using Microsoft Corp.'s (NASDAQ:MSFT) Xbox chat service to pass insider trading information. What Happened: Anthony Viggiano, a former Goldman Sachs financial analyst, has been charged by the US Securities and Exchange...

Microsoft Corp.'s (NASDAQ:MSFT) immediate response internally to Sony's PlayStation price hike was not one of announcing a similar Xbox price hike – in fact, Microsoft executives considered it an opportunity to win fans instead of losing by being a follower. What Happened: The ongoing FTC vs...