Brett Iversen

Players will need to feel a fair bit more “comfortable” with the idea of subscription models and, to a greater extent, not actually owning anything they buy. This week, Ubisoft rejiggered its entire subscription model, but to sell players and the industry on its new move, one company exec misconstrued why gamers and developers might not be so keen to pony up monthly for their games.Who’s This Thing Actually for? | PlayStation Portal Hands OnUbisoft’s head of subscriptions, Philippe Tremblay, offered a fair few innocuous…

Microsoft Corp projected second-quarter revenue below Wall Street targets across its business units, stoking fear that macroeconomic headwinds are impacting the cloud business in addition to the PC unit. Revenue growth in the first quarter was Microsoft's lowest in five years, and shares of the software giant fell 7% in extended trading. Microsoft's cloud business, called Azure, has supercharged revenue growth at the software giant for years. But in its first fiscal quarter of 2023, that growth dropped to 35% and the…

Microsoft Corp recently forecast revenue this fiscal year would grow by double digits, driven by demand for cloud computing services and sending shares up 5%. The strong outlook shows Microsoft continues to benefit from the pandemic-led shift to hybrid work models and comes at a time when investors are bracing for an economic downturn, with inflation roaring and consumers cutting spending. Bob O'Donnell, an analyst for TECHnalysis Research, said Microsoft's forecast shows that despite the negative economic trends,…