Industry & Business
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The Elder Scrolls Online Major Features Delayed Following Mass Layoffs at ZeniMax Online
Studio director addresses community concerns regarding postponed content and a perceived shift in development priorities.
Meta Doubles Down on AI Investment Despite Revenue Concerns
The tech giant plans to spend up to $145 billion on AI infrastructure this year, even as its free cash flow significantly decreased.
Meta's Reality Labs Division Continues to Bleed Billions Despite Revenue Growth
The company reported a $4.6 billion loss for its VR and AR division in Q2, though a 16% revenue increase was driven by AI glasses.
EA CEO Andrew Wilson Awarded $38 Million Bonus Amidst Developer Layoffs
Electronic Arts' annual report details significant executive compensation, including an $8 million bonus for CEO Andrew Wilson, following layoffs impacting studios that contributed to the success of Battlefield 6.
Samsung Warns of Severe Memory Supply Shortage Through 2028
The memory giant anticipates worsening supply constraints and unmet demand extending into 2027, despite record profits.
Xbox Executives Aim for Financial Rebound by Fiscal Year 2027 Amidst Layoffs and Revenue Decline
Microsoft's gaming division reports a 7% revenue drop, prompting executives to outline a strategy focused on long-term growth and player value.
Xbox Revenue Dips 10% Amid Layoffs and Studio Divestments
Microsoft's gaming division reports a significant decline in content and services revenue for the last fiscal quarter, following major workforce reductions and studio closures.
Microsoft CEO Predicts Xbox Return to Growth in Fiscal Year 2027
Satya Nadella indicates that necessary business adjustments are being made to foster long-term expansion for the gaming division.
Microsoft 365 Subscribers Now Encountering In-App Advertisements
Users of paid Microsoft 365 Personal and Family plans are reporting the appearance of ads promoting AI features, despite the subscription's intended ad-free experience.