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Why Microsoft's $80B Xbox Bet Backfired | WSJ What Went Wrong
Microsoft’s Xbox bet on a subscription service called Game Pass after struggling to keep up in the console market. The company spent more than $80 billion to bring major franchises like “Call of Duty” and “Fallout” onto the platform. Now Xbox is laying off about 3,200 employees and divesting five game studios, with CEO Asha Sharma ...
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