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Xbox CEO Asha Sharma Joins Federal Reserve Taskforce on AI's Economic Impact
Industry & Business

Xbox CEO Asha Sharma Joins Federal Reserve Taskforce on AI's Economic Impact

Sharma will advise the central bank on new technologies and their effect on productivity and jobs.

Jul 9, 2026
Xbox CEO Asha Sharma Appointed to Federal Reserve Task Force on Jobs
Industry & Business

Xbox CEO Asha Sharma Appointed to Federal Reserve Task Force on Jobs

The head of Xbox, who recently oversaw significant layoffs, will advise the Federal Reserve on employment and productivity.

Jul 9, 2026
Xbox CEO Asha Sharma Joins Federal Reserve Task Force After Announcing Layoffs
Industry & Business

Xbox CEO Asha Sharma Joins Federal Reserve Task Force After Announcing Layoffs

Sharma will advise the U.S. Fed on jobs and productivity, including the impact of AI, just days after implementing significant job cuts within Microsoft's gaming division.

Jul 9, 2026
Xbox's Layoffs Derail Obsidian's Potential for a Baldur's Gate 3 Successor
Industry & Business

Xbox's Layoffs Derail Obsidian's Potential for a Baldur's Gate 3 Successor

Recent business decisions at Xbox have led to studio restructuring at Obsidian Entertainment, potentially shelving projects that could have rivaled the success of Baldur's Gate 3.

Jul 9, 2026
ZeniMax Layoffs Total 379, Elder Scrolls Online Studio Hit Hardest
Industry & Business

ZeniMax Layoffs Total 379, Elder Scrolls Online Studio Hit Hardest

Microsoft filings reveal significant workforce reductions across ZeniMax Media, with ZeniMax Online Studios losing over half its staff in the past year.

Jul 9, 2026
Rock Paper Shotgun Enhances Supporter Program With New Perks
Industry & Business

Rock Paper Shotgun Enhances Supporter Program With New Perks

Rock Paper Shotgun details significant improvements to its subscription service, aiming to provide greater value to its supporters without increasing costs.

Jul 9, 2026
AI Data Centers to Outpace Conventional Servers in Power Consumption by 2027
Industry & Business

AI Data Centers to Outpace Conventional Servers in Power Consumption by 2027

Gartner forecasts a significant surge in data center electricity usage driven by AI, potentially straining global power grids.

Jul 9, 2026
PlayStation's Disc-Free Future Deals a Blow to Remaining Game Retailers
Industry & Business

PlayStation's Disc-Free Future Deals a Blow to Remaining Game Retailers

Industry experts foresee significant challenges for brick-and-mortar stores as Sony winds down physical disc production in 2028.

Jul 9, 2026
Microsoft's Strategic Shift: Will Minecraft Become a New Cash Cow?
Industry & Business

Microsoft's Strategic Shift: Will Minecraft Become a New Cash Cow?

As Xbox undergoes significant restructuring, new leadership is eyeing Minecraft's untapped revenue potential, raising concerns among fans about the game's future.

Jul 8, 2026