The FTC isn’t all too pleased with Microsoft as the court case between the two entities continues, with the FTC now going as far as filing a complaint against Microsoft for its consistent refusal to provide requested documents.
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
TG writes: If you’ve ever wanted that chaotic, large-scale modern warfare feeling from Battlefield but in full VR immersion, Forefront delivers it better than anything else currently available on Quest.
Ftc got caught by the Eu regulatory body for creating a false narrative about Zenimax purchase saying Ms promise them they won't make games exclusive when they never did.
The Ftc knows it losing this case and fishing for anything it can to try and block this deal lol.
Microsoft being Microsoft and thinking that rules don't matter. Not even after 24 requests from the ftc.
Well Microsoft has been caught w their pants down rn imo.
So they want everyone else's documents, but don't want to give up their own. Why doesn't that surprise me 😒
Depending on the due date I could maybe understand them saying there isn't enough time regarding the new deals they've just made in the last week or so. But anything older than that shouldn't have been a problem. Just give up the documents. Sony had to do it and so do you. That's how this works. If you make a claim you have to provide documents to back up your claim.