Microsoft has published its earnings report for the Q2 2022 fiscal quarter. Revenue for the specified period amounted to $51.7 billion; net income - $18.8 billion. For comparison, for the same period last year, revenue was $ 43.1 billion; net profit — $15.5 billion.
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.
Microsoft has announced its intention to buy Activision Blizzard, one of the world's leading game developers. The acquisition will reportedly accelerate the growth of Microsoft's gaming business across mobile, PC, consoles and the cloud. The transaction amount will be $68.7 billion. The Redmond firm plans to complete the purchase in the 2023 financial year.
On November 9, 2021, Microsoft is hosting an education-focused event where the company plans to reveal "new technology from Microsoft Education." The event's description is available on the news.microsoft.com website, and it says the following:
Microsoft's GitHub CEO Nat Friedman has announced that he leaves his role. From November 15th, he will be replaced by Thomas Domke, who is currently the Chief Product Officer of GitHub. The appropriate information is posted on the GitHub blog.
Earlier this month, we learned about Microsoft's plans to introduce a new Feedback website for various services and apps to replace the aging UserVoice platform. It did not take too long for Microsoft to launch the Feedback portal. It is now available in preview for all users to publish their feedback about Microsoft Teams and Edge. The software giant announced the Feedback portal in a post on the Tech Community Forums.
Today, Microsoft holds a special annual hardware event, where the company expects to announce a bunch of new Surface devices. Microsoft will live stream the event, so everyone can join and watch the company unveil new tablets, smartphones, and laptops. Here is how you can watch the Surface event on September 22.
Chief Product Officer Panos Panay took over as executive vice president of Microsoft and joined the corporation's senior management team, whose members are advisors to CEO Satya Nadella. Bloomberg reported this with reference to an internal email that Microsoft employees received the day before.
Microsoft has been largely silent about its plans for Windows this year, although some information is still leaking online. For example, we've known for quite some time that Microsoft is working on a major update to the Windows user interface, codenamed Sun Valley. For its announcement, the company is preparing a special event, which should take place in the coming weeks.
As part of Build 2021, Microsoft announced the public availability of support for Linux GUI applications on the Windows Subsystem for Linux 2 (WSL 2) second generation. You may remember the official announcement of this feature some months ago and until now has been available as a preview.