Page 32 - Microsoft Gaming News Today

8 posts published by Dark Helmet, Mike Masnick, Tim Cushing, Gretchen Heckmann, and Karl Bode on January 30, 2024

Mike Ybarra will soon be replaced by Johanna Faries as the new head of Blizzard Entertainment, the latest in Microsoft Gaming's integration.

Johanna Faries, a former Call of Duty executive at Activision Blizzard, is the new president of Blizzard Entertainment.

Microsoft's leadership, barely six months following the last round of layoffs, is preparing to lay off approximately eight percent of its workforce, totaling

Having worked at the company for more than five years, Johanna Faries has become the new Blizzard president.

As of its most recent quarter, the net impact from Activision Blizzard was $2 billion in revenue, but an operating loss of $440 million.

Microsoft’s Surface devices revenue is still struggling, in a quarter where Activision Blizzard impacts Xbox revenue. As always, cloud and Office show strong growth.

Microsoft is expected to report a 15.8% jump in quarterly revenue, its best growth in nearly two years, as rising adoption of its products infused with generative AI fuels demand for its cloud...

"Gen AI has emerged as the top priority for (chief information officers) and Microsoft is uniquely well positioned, with the majority of CIOs expecting to use a Microsoft AI product in the next 12 months," Morgan Stanley analyst Keith Weiss said in a note dated Jan. 11.

Blizzard has named Johanna Faries as its new president, just a few days after over 1,900 team members at Microsoft Gaming were laid off and Blizzard canceled its unnamed survival game.