Microsoft gaming chief denies Xbox is for sale
Asha Sharma addressed reports that Microsoft executives had considered spinning off its Xbox business.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Microsoft's gaming chief, Asha Sharma, has denied reports suggesting that the company is considering selling off its Xbox business.
The denial follows a report from The Information in June, which said that Microsoft CEO Satya Nadella and CFO Amy Hood had discussed the possibility of spinning Xbox out of the company entirely. A more recent report, published earlier this month, said that both executives had since shown more support for Sharma's plans to overhaul the gaming division rather than separate it.
Sharma, who leads Microsoft's gaming business, addressed the speculation directly, stating that Xbox is not for sale. Her comments come amid broader questions about the future shape and strategy of Microsoft's gaming unit, which includes the Xbox console line, Xbox Game Pass, and a number of studios acquired in recent years, including Activision Blizzard.
The reports of a potential spinout had circulated for several months, prompting scrutiny of Microsoft's long-term commitment to hardware and its gaming division's role within the wider company. Sharma's denial appears intended to put those concerns to rest, at least for now.
Microsoft has not issued a separate statement beyond Sharma's remarks, and the company's broader plans for restructuring or overhauling the gaming division, as referenced in the more recent report, were not detailed further.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Comments
Loading comments…
Related articles
New Exploit Marks Major Leap Forward for PS5 Hacking Scene
The jailbreak works on most PlayStation 5 consoles, though the very latest system updates remain out of reach.
Beneath a strong S&P 500, most individual stocks had a weak September
While the S&P 500 index closed September on solid footing, roughly three-quarters of its component stocks posted losses for the month.
BMW builds same car for gas and electric — and the EV costs $4,400 less
The new BMW 3 Series shows how quickly EV pricing has caught up with, and in this case undercut, comparable gas-powered vehicles.
Wall Street Closes Out Strong Quarter as Investors Weigh Lilly's Mixed Obesity Drug Data
Stocks wrapped up a strong quarter even as new trial data on Eli Lilly's obesity treatment delivered a mixed picture for investors.
Analysts Eye Aurora Innovation's Driverless Trucking Growth Amid Shift to Asset-Light Model
A CNBC report highlights Aurora Innovation's rapid scaling of its driverless trucking business and a potential shift toward an asset-light model.
Options Activity in Two 'Magnificent Seven' Stocks Spikes Above Average, Report Says
Options volume in two 'Magnificent Seven' stocks ran more than 50% above their 30-day average on Wednesday, according to a CNBC report.