Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Microsoft Gaming Chief Phil Spencer to Retire; Sharma to Succeed
Microsoft Gaming Chief Phil Spencer to Retire; Sharma to Succeed
Faizan Farooque
Mon, February 23, 2026 at 8:21 PM GMT+9 1 min read
In this article:
MSFT
-0.31%
This article first appeared on GuruFocus.
Microsoft Corporation (MSFT, Financials) said its gaming chief Phil Spencer will retire after 38 years at the company, marking a leadership shift as the division faces slowing revenue and rising competitive pressures.
The company appointed Asha Sharma as executive vice president and chief executive of the gaming division. Sharma previously led product development for artificial intelligence models and services at Microsoft.
Spencer will remain in an advisory role through the summer to ensure a smooth transition, Chief Executive Satya Nadella said.
Microsoft reported last month that gaming revenue fell about 9.5% in the December quarter. The company also recorded impairment charges in the division and has raised Xbox hardware prices amid tariff-related cost pressures and uncertain consumer spending.
Sharma said she plans to renew focus on the Xbox console and core players. The gaming unit faces strong competition from Sony’s PlayStation platform, particularly in console market share and exclusive titles.
Microsoft expanded its presence in gaming with its $69 billion acquisition of Activision Blizzard in 2023, following regulatory scrutiny. The division is also navigating shifts in technology as artificial intelligence becomes more integrated into game development.
The company said Matt Booty will serve as executive vice president and chief content officer, reporting to Sharma. Sarah Bond, president and chief operating officer at Xbox, is leaving the company.
Terms and Privacy Policy
Privacy Dashboard
More Info