Topic: gaming industry impact

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  • Microsoft Cuts Funding for John Romero's New Game, Studio Faces Layoffs
    July 4, 2025

    Microsoft Cuts Funding for John Romero's New Game, Studio Faces Layoffs

    Romero Games faced sudden layoffs after Microsoft withdrew funding for John Romero's upcoming FPS, leaving the studio's future uncertain. Affected employees expressed devastation, with over a dozen staff members confirming job losses and calling the situation tragic. The cancellation is part of M...

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  • Xbox Boss Phil Spencer Denies Retirement Rumors
    July 4, 2025

    Xbox Boss Phil Spencer Denies Retirement Rumors

    Microsoft's gaming division, including Xbox, faced significant layoffs, leading to the cancellation of high-profile projects like "Everwild" and an unannounced MMO, though Phil Spencer remains in his leadership role. Xbox confirmed Phil Spencer has no plans to retire, debunking rumors of his depa...

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  • Shards Protocol Secures $2M to Boost Web3 Reputation & Rewards
    June 4, 2025

    Shards Protocol Secures $2M to Boost Web3 Reputation & Rewards

    Shards Protocol secured $2 million in funding from investors like Animoca Brands and Kyber Ventures to develop Aura, a reputation system that rewards Web3 user engagement by converting on-chain activity into measurable credibility and incentives. Originally an SDK layer for game studios...

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Related Topics

microsoft layoffs (2) employee layoffs (2) first-person shooter cancellation (1) shards protocol funding (1) unreal engine 5 project (1) aura reputation system (1) john romeros statement (1) web3 user engagement (1)
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