Xbox CEO Asha Sharma said the next-generation Project Helix console must prioritize efficiency and affordability alongside performance, citing a 'Rampocalypse' of component shortages driven by AI data…
Xbox boss Asha Sharma said the company will prioritize "efficiency and affordability alongside performance" for its next-generation console, codenamed Project Helix, amid rising hardware costs and AI …
Senate Banking Committee Democrats, led by Sens. Raphael Warnock and Elizabeth Warren, sent a letter to Federal Reserve Chair Kevin Warsh demanding worker representation on the Fed's AI task force on …
Microsoft has raised Xbox console prices across Europe and the UK by up to 50%, the second hike in 18 months, with the 1TB Xbox Series S jumping from €399.99 to €599.99 in the EU. The company blames a…
Britain's Competition and Markets Authority has launched an investigation into Microsoft over concerns that the tech giant misled customers about subscription options for Microsoft 365 personal and fa…
Xbox CEO Asha Sharma was appointed co-lead of the Federal Reserve's Productivity and Jobs task force on July 9, 2026, tasked with evaluating AI's impact on labor markets and monetary policy, just two …
Xbox CEO Asha Sharma has joined a Federal Reserve task force studying AI's impact on jobs and productivity, days after announcing 3,200 layoffs at Xbox. The task force, which includes Marc Andreessen …
The US Federal Reserve appointed Marc Andreessen, co-founder of Andreessen Horowitz, to co-lead a task force examining how artificial intelligence reshapes productivity, jobs, and monetary policy. The…
The Federal Reserve announced five task forces to evaluate its operations, co-led by venture capitalist Marc Andreessen, economist Raj Chetty, and former Bank of England governor Mervyn King. One task…
Microsoft laid off 4,800 employees, including 1,600 from Xbox, while receiving approval for 2,273 H-1B visas, sparking backlash over corporate priorities. The cuts are part of a broader shift toward A…
The US Federal Reserve has appointed Xbox CEO Asha Sharma to co-lead its Productivity and Jobs task force, which will assess the economic impact of new general-purpose technologies including AI. The a…
The Federal Reserve appointed venture capitalist Marc Andreessen to co-lead a Productivity and Jobs task force examining AI's impact on employment and growth, part of a broader monetary policy review …
Xbox CEO Asha Sharma has joined the US Federal Reserve as an adviser on artificial intelligence for its 'productivity and jobs' taskforce, bringing gaming industry expertise to central bank discussion…
The Federal Reserve on July 9 named venture capitalist Marc Andreessen, economist Charles I. Jones, and Xbox CEO Asha Sharma as co-leaders of a task force to assess the economic impact of artificial i…
The US Federal Reserve appointed Xbox CEO Asha Sharma to a task force assessing AI's economic impact on jobs, days after she announced 3,200 layoffs at Microsoft's gaming division. Critics question th…
The Federal Reserve has enlisted venture capitalist Marc Andreessen to co-lead a new task force evaluating how artificial intelligence reshapes productivity, jobs, and monetary policy. Fed Chair Kevin…
Federal Reserve Chairman Kevin Warsh appointed venture capitalist Marc Andreessen to a task force that will help the Fed measure AI's impact on productivity and jobs, giving Silicon Valley direct infl…
The Federal Reserve has appointed Marc Andreessen, co-founder of Andreessen Horowitz, to co-lead a new task force examining how artificial intelligence affects productivity and jobs. The task force, p…
Microsoft laid off 4,800 employees, including 37-year veteran engineer Kevin LaChapelle who led Xbox Backward Compatibility, as part of a restructuring of its gaming division. The cuts come amid a $2.…
Microsoft laid off 4,800 staffers, including 1,600 from its Xbox division, with Xbox VP Kevin LaChapelle among those let go after 37 years at the company. Xbox CEO Asha Sharma cited slower-than-expect…