Phil Spencer is now Microsoft Gaming CEO, following Activision Blizzard deal

Phil Spencer has been named CEO of the new Microsoft Gaming division. It  includes all of the company's gaming assets. This means that now all the heads of Microsoft's gaming business will report directly to Spencer. Phil Spencer also announced the changes in an email to Xbox employees.

Despite Microsoft’s acquisition, Activision Blizzard will still release games for the PlayStation

Today, Microsoft announced its intention to acquire Activision Blizzard for $68.7 billion. The deal is set to close somewhere between July 2022 and June 2023. Obviously, the acquisition will require approval from both the boards of directors of both companies and from regulatory authorities.