Microsoft Children's Miracle Network Games Bundle

If you wished for more pizazz at this year's Xbox Showcase, there's lots of it buried in an growing graveyard of cancelled Xbox games.

A new report sheds more light on the situation at Xbox that led to the big news this week that Microsoft was cutting 3,200 jobs at the gaming company, divesting from studios, and making other cutbacks to "reset" the business. Bloomberg reported that Microsoft spent "nearly $80 billion" in the past 10 years on deals to help revitalize Xbox and realize its dream for Xbox Game Pass, but those plans did not pan out the way Microsoft envisioned. Xbox CEO Asha Sharma said this week that the big bets made under previous leadership--including Game Pass, acquiring studios, and putting its games on riva

Xbox CEO Asha Sharma confirms 4 studios are leaving Microsoft, with a fifth, Arkane Studios, fate uncertain amid mass layoffs.

Microsoft has begun its big reset, cutting 1,600 jobs right now and another 1,600 in the next 12 months. Despite this massive restructuring, the company claimed that these moves don't involve canceling any already announced first-party games. In a lengthy Xbox Wire blog post on July 6, Microsoft announced that some studios (such as Ninja Theory and Undead Labs) are being sold while others (like Arkane Studios) are still awaiting their fate. Tucked within the post was a line about the projects currently in the works at Xbox Game Studios, with the company clarifying that "none of our first-party

Microsoft CEO Satya Nadella said he believes "there's more monetization of Xbox games happening on YouTube" than at its own company, following Xbox boss Asha Sharma's recent commitment to "reset" the gaming branch.