Eurogamer: Valve is in the process of developing three VR games. And these won't just be small free VR experiments, either.
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
Its great seeing a company such as Valve doubling down on VR's future. Hopefully it should pursuade some naysayers that VR is here to stay.
Gee thanks Valve
Meanwhile Half Life players are left in the shit Pitt
this is the way a company who is invested in the technology should be. put FULL resources behind it, not playing it safe because most of your community doesnt have vr. if vr is a game changer you need to make people change to it by offering games that have to use the technology.
That's great. But it's funny that they are one of the guilty parties that put out a demo with "robot repair" or "the lab" filled with mini games then get on the high horse taking a dig and talking about making *full games.*
$800 dollar product and they put out small stuff. It's their headset. Should have been more than that from them anyway.
But, I'm expecting L4D VR, Half Life VR and a team fortress type game.
HL3