Federal Reserve taps Xbox CEO Asha Sharma to lead jobs task force days after Microsoft laid off 3,200 people
The task force will examine AI's impact on productivity, employment, and economic growth
Asha sharma articles
Xbox is planning major layoffs and hinting at "radically different" console business model
Microsoft's gaming division spent $20 billion in five years and lost $500 million in revenue
Microsoft admits Game Pass price hike drove away "millions" of subscribers
Who could have seen this coming?
Facepalm: If there's a sure way to lose a huge number of subscribers to your successful service, it's implementing a massive price hike. It seems Microsoft was unaware of this obvious fact when it increased Game Pass prices last year, only now admitting that "millions" of people left as a result. It wasn't long before Microsoft reversed this (under new leadership), lowering prices closer to their original levels.
Microsoft kills Gaming Copilot for Xbox consoles and mobile
"This is 100% too good to be true"
Xbox revenue falls again as hardware sales suffer another massive decline
CEO Asha Sharma has responded
Microsoft admits Game Pass may have gotten too expensive
New Xbox CEO is exploring cheaper tiers and ad-supported plans to improve value
Microsoft confirms "Project Helix," a next-gen Xbox that runs both Xbox and PC games
Early rumors point to an AMD Zen 6 and RDNA 5 chip powering the new console
Xbox co-founder warns Microsoft is "sunsetting" the brand, compares new leadership role to "palliative care"
Get ready for an AI-first approach to Xbox - whether you like it or not