| Mobile Web

Search results for Xbox

Games & Commerce

Kakao Games eyes turnaround with management shake-up and new game push ahead of new top shareholder

Kakao Games is moving to replace its management ahead of a change in its largest shareholder from Kakao to an investment vehicle funded by Line Yahoo. The company plans to appoint two internal directors who are expected to become co-CEOs and to name a non-executive director from Petrico Partners. It also outlined five new game releases from the third quarter through year-end as it seeks a turnaround after six consecutive quarterly losses.

Games & Commerce

Microsoft reviews strategy for next-gen Xbox \'Project Helix\' amid rising component costs

Microsoft is pressing ahead with development of its next-generation Xbox console, codenamed Project Helix, but is reviewing its broader business model as rising memory and storage prices lift manufacturing costs. The company is reconsidering how it sells consoles, subscription bundles and distribution. Executives say they are re-examining all elements to keep prices affordable and increase flexibility, including potential instalment plans, changes to Game Pass and ad-supported services.