Xbox console sales plummet
42 per cent fall
Software King of the World, Microsoft saw its revenue from Xbox console sales plummet by a staggering 42 per cent year-over-year for the quarter ending in June.
AI killing off gaming developers' jobs
11,000 industry workers laid off
The video game industry is facing significant challenges. In 2023, approximately 10,500 industry workers were laid off. This year, the situation has worsened, with an estimated 11,000 more layoffs.
Steam runs with a tiny headcount
Industry shocked
A poorly redacted document in an antitrust lawsuit has revealed that Steam's Gaming outfit is run by a comparatively tiny team of a few hundred.
Bundles Black Myth: Wukong with RTX 40 series graphics cards
Nvidia has announced its latest game bundle, pairing up Black Myth: Wukong game with some of its RTX 40 series graphics cards.
Console sales fall in the US
40 per cent fall in May
Hardware spending on consoles in the US declined by 40 per cent in May compared to the previous year, according to beancounters at Circana.