
Korean publisher Krafton announced via press release that it has acquired Tango Gameworks with the cooperation of Microsoft and Zenimax.

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.

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."

Today, Koei Tecmo announced its financial results for the full fiscal year 2025, related to the period between April 2025 and March 2026.
This is great to hear, just a shame The Evil Within got left behind
I thought after the Callisto Protocol failed to meet expectations they’d have wanted another survival horror franchise.
Oh? Some good news? Glad to hear it. Looking forward to what Tango has in store next.
It’s very unfortunate that Microsoft didn’t not see Tango Games and their IPs as valuable. The studio is a very capable lower budget AAA developer.
So MS had this great IP and characters in Hi-Fi Rush, which Xbox fans including myself adored, one of the highest rated games in years for Xbox, a instant cult classic and they sell it off.....just unbelievable.