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Microsoft completes acquisition of Minecraft studio

Microsoft has successfully acquired Minecraft developer Mojang, completing a $2.5 billion purchase announced in September. Minecraft earned a reported $326 million in revenue in 2013 across game sales, ports and merchandising. Minecraft creator a...

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Rumor: Microsoft phasing out Microsoft Points

A rumor making the rounds today is Microsoft will phase out its Microsoft Points currency by year's end, in favor of real currency. According to InsideMobileApps, the change will affect Windows Phone, the Zune Marketplace and Xbox Live. The site cl...

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EA CFO: Microsoft is catching up to Sony

Electronic Arts CFO Blake Jorgensen believes Microsoft is "catching up" to Sony in the current-gen console battle. Jorgensen said during a talk at the UBS Global Technology Conference in Sausalito, California yesterday that "Sony has jumped out to a...

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Microsoft confirms Rise of the Tomb Raider publishing plans

Xbox marketing director Aaron Greenberg has confirmed that Microsoft is publishing Crystal Dynamics' upcoming action-adventure game Rise of the Tomb Raider, cementing its status as an Xbox-exclusive release. Rise of the Tomb Raider was outed as a...

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Microsoft issues apology over late XBLIG payments

Microsoft has addressed late payment concerns raised by developers enrolled in the Xbox Live Indie Games program, and the company is "working hard" to pay affected studios by the end of the month. "Due to a technical issue in our payment system, ...

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Xbox discounts prepped for Microsoft Store's Black Friday

It's happening. The Microsoft Store's initial list of Black Friday deals is live, featuring Xbox One and 360 consoles and video games on sale starting November 27 at 12AM ET. During the sale, you can grab the following Xbox bundles at as-yet-undi...

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Microsoft bites back at Lucent

Remember that quarrel between Microsoft and Lucent Technologies over MPEG technology a while back? Well they're at it again (as if it had ever stopped). This time, however, Microsoft is going on the offensive. With a bold war cry, they countersued Lu...

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Fez patch pulled by Microsoft

A recent patch for Fez that fixed exploits but also corrupted save files was pulled from Xbox Live by Microsoft, according to an update on developer Polytron's blog. The issues caused by the title update could potentially be resolved by clearing the...

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Microsoft invests in Chinese developer

Microsoft has purchased 15 million shares in Sichuan, China-based Changhong Electric Co., valued at 94 million yuan (about US $12 million). That's just one percent off the company, according to the Taipei Times. Said Microsoft spokesman in Beijing Ro...

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Microsoft's Lionhead acquisition official

The GDC rumour mill had its finger on the pulse where Lionhead and Microsoft were concerned; Microsoft has acquired the British developer, beating out rumoured competition from EA and Ubisoft. It looks as though Microsoft were especially keen to grab...

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Microsoft files for 'Screamride' trademark

Pay a visit to the United States Patent and Trademark Office website and you'll find an application recently filed by Microsoft for something called "Screamride," though what that title might refer to remains a mystery. While the application stat...

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Rumorbusters: Bungie is leaving Microsoft

This morning we received a tip from 8Bit Joystick writer Jacob Metclaf, telling us that "a friend of [his] who has someone close that works at Bungie" is privy to inside information that Microsoft is allowing the Halo developer to just up and leave...

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Microsoft shutters Pioneer Studios

Microsoft announced today that it has closed Pioneer Studios, a small contingent studio in downtown Seattle it has operated for the past three years, stating it's part of "a broad consolidation of workspaces over the last 18 months." The company ...

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