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By EquityPandit

TECHNOLOGY

Microsoft Line-Up New Games as Xbox Turns 20

Microsoft disclosed a batch of new titles for Xbox at the World’s Premier Video Game Trade show, including award-winning sensation “Hades” and long-time hit “Halo”. The Xbox maker revealed 30 new games coming to its console, which in November will celebrate two decades on the market.


“Our team strives to make Xbox a place where you’ll find the greatest games, the most dedicated developers, and the most passionate community,” Unit Chief Phil Spencer said during a streamed event on Electronic Entertainment Expo (E3). Microsoft revealed a coming take of beloved “Halo”, along with new creations such as the science-fiction action title “Starfield” and a vampire-battling adventure called “Redfall” from Bethesda Softworks. Microsoft recently acquired Bethesda Softworks, the maker of hits including “Fallout” and “Elder Scrolls.”


Microsoft said that all but a few would be available for play at its subscription Xbox Game Pass service. The company also highlighted titles that will be exclusive to Xbox, which competes with rival consoles Sony PlayStation and Nintendo Switch. Award-winning “Hades” from San Francisco-based Supergiant is coming to Xbox as well as PlayStation, the independent studio said Sunday.


The line-up of new titles comes as Microsoft works on software and a plug-in device to let people play Xbox video games on internet-linked televisions without the need for consoles. “As a company, Microsoft is all-in on gaming,” Chief Executive Officer Satya Nadella said in introducing the plan last week.

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TECHNOLOGY

OpenAI to Launch New AI Tools, Confirms CEO Sam Altman

Dhruva Kulkarni

OpenAI is set to launch new AI models, with CEO Sam Altman teasing “a lot of good stuff” this week, starting tomorrow.

Recent OpenAI launches include o1-mini (reasoning model), GPT-4.5, and native image generation for GPT-4o.

GPT-5’s release is delayed due to a GPU shortage, but new models like GPT-4.1 and o3 Pro may be launched soon.

OpenAI’s o series models focus on reasoning abilities to help with coding, math, and problem-solving. New models are expected to make app and website development easier, even for non-coders.

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TECHNOLOGY

Google Lays Off Hundreds in Android & Pixel Teams: Report

Dhruva Kulkarni

Google has reportedly laid off hundreds of employees from its platforms and devices unit, impacting Android, Pixel, and Chrome teams.

The layoffs follow Google’s January buyout offers to employees in the unit, as per reports. A spokesperson stated that the restructuring aimed to improve agility and efficiency, leading to job reductions alongside a voluntary exit program.

Google has yet to respond to Reuters’ request for comment on the layoffs. In February, Bloomberg reported job cuts in Google’s cloud division, though only a few teams were affected.

In January 2023, Alphabet announced plans to reduce its global workforce by 12,000 jobs, which is 6% of the total.

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TECHNOLOGY

OpenAI Hits Back at Elon Musk with Countersuit, Alleging Harassment

Dhruva Kulkarni

OpenAI has countersued Elon Musk, accusing him of harassment and seeking a court order to block further legal action.

Musk, who co-founded OpenAI in 2015 but left before its rise, now opposes its shift to a for-profit model. OpenAI claims Musk has used press attacks, lawsuits, and takeover bids to disrupt its business and fundraising efforts.

Musk’s legal team argues that OpenAI unfairly rejected a $97.4 billion takeover bid.

OpenAI insists Musk’s actions aim to hinder competition and seize control of top AI innovations. The lawsuit is critical to OpenAI’s for-profit transition, which it says is necessary to secure $40 billion in funding.

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TECHNOLOGY

Nothing Eyes Rs 1,000-Crore JV, Plans India as Global Export Hub

Dhruva Kulkarni

Sources said Nothing plans a Rs 1,000-crore joint venture with leading electronics manufacturers to establish India as a key global production hub. 

Talks with potential partners are in advanced stages, and once finalised, the company plans to invest over Rs 1,000 crore in a new facility for smartphones and audio products.

Currently, Nothing manufactures its smartphones through Noida-based Dixon and BYD India. CEO Carl Pei recently met key partners in India, highlighting the country’s growing role in global smartphone production. The company has also appointed co-founder Akis Evangelidis as president of India to drive expansion.

Several Chinese smartphone brands, including Vivo and Oppo, are exploring similar joint ventures, aligning with the Indian government’s “Make in India” push. Dixon has already partnered with China’s Transsion Holdings.

Nothing was the fastest-growing smartphone brand in 2024, with 577% YoY growth driven by its Phone (2a) and CMF sub-brand. The company plans to expand its offline retail network to 12,000 stores in 2025 and is manufacturing its upcoming Phone (3a) series at BYD India’s Chennai facility.

With a strong presence in India and Europe, Nothing has sold over 7 million devices globally. Analysts say its growth strategy, pricing, and branding have helped it gain momentum as a rising challenger brand.

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TECHNOLOGY

Microsoft-backed Wicresoft to Exit China, Cut Jobs: Report

Dhruva Kulkarni

According to reports, Microsoft’s joint venture Wicresoft will shut down its China operations starting Tuesday, resulting in around 2,000 job cuts.

The decision follows Microsoft’s move to end outsourcing after-sales support in China to Wicresoft, raising concerns about how it will service local Windows and Office users.

The layoffs will mainly affect Microsoft’s outsourced team in China. Wicresoft has not commented on the closure. Microsoft is scaling back in China amid rising US-China tensions and competition from local firms like Kingsoft.

Founded in 2002, Wicresoft was Microsoft’s first joint venture in China and operates globally with over 10,000 employees. Microsoft recently shut down a Shanghai lab focused on AI and IoT.

A screenshot of an internal email about the shutdown circulated online, but Microsoft denied it referred to its operations, clarifying that it was about Wicresoft.

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