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Gaming News

Ubisoft logo displayed against a dark background representing company restructuring
Gaming News

Ubisoft's Third Layoff Wave of 2026 Claims Two Studios

Up to 380 Ubisoft employees face job losses as the publisher shutters two more studios and narrows Barcelona's focus to Rainbow Six. It's the third round of cuts this year alone.

Nathan Lees4 min read
Physical Steam gift cards displayed on a retail store shelf rack
Gaming News

Scammers Won: Valve Pulls Steam Gift Cards From Stores

After years of adding warnings, limiting redemption, and pulling cards from shelves during suspicious activity spikes, Valve says scammers have adapted to every countermeasure. Physical Steam gift cards are done.

Nathan Lees4 min read
Xbox CEO Asha Sharma presenting at the Xbox Games Showcase 2026 event
Gaming News

3% Profit Margin Forces Xbox Into Sweeping Layoffs

Xbox will end its fiscal year with a 3% profit margin despite spending over $20 billion on the platform. CEO Asha Sharma is now planning significant layoffs in July as part of a full business reset.

Nathan Lees4 min read
Master Chief from Halo Campaign Evolved standing in front of Xbox and PlayStation logos
Gaming News

Sharma Pulled Halo Trailer From PlayStation State of Play

Bloomberg reports that Xbox CEO Asha Sharma pulled a Halo trailer from Sony's State of Play presentation, a move that could damage the fragile Xbox-PlayStation relationship just as Xbox prepares for sweeping layoffs and budget cuts.

Nathan Lees4 min read
Xbox Project Helix next-gen console concept design on a dark stage backdrop
Gaming News

A $900 Xbox? Sharma Pushes Radical New Plans for Helix

With RAM costs spiralling and Project Helix potentially hitting $900 or more, Xbox CEO Asha Sharma says the old console playbook is dead and new business models are coming this year.

Nathan Lees5 min read