Xbox business restructuring and strategic reset
The developments in this story so far, most recent first.
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· date approximate · Development
Xbox CEO lays out priorities in memo after major ‘reset’
No separate article for this desk or language yet.
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· date approximate · Background
Asha Sharma replaced Phil Spencer as Xbox CEO.
In February, Asha Sharma replaced Phil Spencer as the CEO of Xbox. This leadership change came as the company underwent a reset that included laying off thousands of employees and divesting four development studios.
Under Sharma's leadership, Xbox has initiated a shift from a decentralized studio system toward a strategy focused on its largest franchises and major new ideas. This plan includes expanding franchises into film, television, and consumer products, as well as seeking new global partnerships.
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· date approximate · Background
Microsoft acquired Activision Blizzard for $75.4 billion.
In 2023, Microsoft completed the acquisition of Activision Blizzard for $75.4 billion.
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· date approximate · Background
Minecraft surpassed Tetris as the world's best-selling game.
In 2019, Minecraft surpassed Tetris to become the best-selling game in the world.
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· date approximate · Background
Microsoft acquired Mojang for $2.5 billion.
Microsoft acquired Mojang for $2.5 billion in 2014.