Mahesh Babu has acquired a minority stake in Mumbai startup Shortgun Games for an undisclosed sum, marking his first venture…
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Microsoft Cuts 4,800 Jobs and Spins Off Four Game Studios as AI Reshapes Xbox’s Future
On July 6, 2026, Microsoft announced the elimination of 4,800 jobs — roughly 2.1% of its global workforce — as…
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Microsoft Axes 4,800 Jobs and Spins Off Four Game Studios as Xbox CEO Admits the Division Is Financially Broken
Microsoft is cutting 4,800 jobs — roughly 2.1% of its global workforce — including 1,600 Xbox employees, with another 1,600…
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Gaming Industry Faces Catastrophic Summer as Insider Warns Studio Closures Are Just Beginning
French gaming journalist Sylvain Trinel is warning of a massive wave of studio closures and layoffs sweeping the games industry…
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