Xbox Revenue Falls 10% in Q4 as Hardware Sales Also Slide 14%

·46 views

Microsoft's latest fourth-quarter earnings report revealed a 10% drop in Xbox content and services revenue, including Game Pass subscriptions, alongside a 14% decline in hardware sales. The results mark another difficult quarter for the Xbox division. The news follows Xbox head Asha Sharma's recently announced 'reset' plan, which involved significant layoffs and the spin-off of four game studios, including Compulsion Games and Double Fine Productions. Sharma has also introduced other changes to the division, such as lowering Game Pass prices. Meanwhile, Microsoft's broader cloud and AI business continued to grow strongly during the same period.

Read the full story at The Verge

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Baseus unveils security camera with tracking spotlight to deter night intruders

Baseus has introduced the PrimeSentinel U2 Pro Outdoor 3K Dual Camera, the latest in its line of AI-assisted security products. Unlike cameras that only record and send alerts, this model actively deters visitors with a motorized spotlight. The light follows moving targets across a property so they know they have been detected. The focused beam also improves nighttime video quality, which can help identify subjects, and it can light the way for household tasks such as walking the dog after dark.

0 comments Read more at The Verge

TechnologyTechCrunch ·

Walmart's Flipkart quietly builds food delivery challenger in India

Flipkart, the Indian e-commerce company owned by Walmart, is developing a food delivery service in India. It has extended access to the service to thousands of its employees ahead of a planned public launch. The move positions Flipkart to compete with established food delivery players in the country. The article reports the development based on the expanded employee rollout, though details beyond this are limited in the source.

0 comments Read more at TechCrunch

TechnologyTechCrunch ·

Mamdani Says Federal Government Has Failed on AI, Urges New Yorkers to Push Back

New York City Mayor Zohran Mamdani said Monday night that residents should not accept the idea that an AI takeover is unavoidable. He called on New Yorkers to demand regulations that protect the public and return control to ordinary people. Mamdani argued that federal authorities have abdicated their responsibility on AI oversight. His remarks frame the issue as one requiring active public pressure rather than passive acceptance.

0 comments Read more at TechCrunch

TechnologyTechCrunch ·

Nscale and Anthropic Reportedly Discussing Another $45 Billion Compute Deal

Nscale and Anthropic announced a $45 billion compute agreement in August. Reports now indicate the two companies are in talks over a second deal of the same size. The discussions have not been confirmed by either company. The earlier agreement had already marked a major investment in computing capacity between the firms. Further details about the potential new arrangement have not yet been disclosed.

0 comments Read more at TechCrunch