After two years, Microsoft (MSFT) has launched a new update for its last-generation gaming console Xbox 360 that brings minor bug fixes and improvements to the 2005 launched console. In April 2016, the tech giant stopped production of new Xbox 360s after selling 84 million units.
The Xbox 360 was replaced by advanced and technology wise much better Xbox One and Xbox One X that was released in 2013 and 2017, respectively. The last update for Xbox 360 came on March 29, 2016.
For Xbox Live Gold subscribers, a new month beginning turned them happier as more free Xbox 360 games are on the plates that include Sonic & All-Stars Racing Transformed from June 1 to 15 and LEGO Indiana Jones 2: The Adventure Continues from June 16 to 30.
Recently, Microsoft has retired across all platforms the Xbox 360 Smartglass apps, which allowed users to interact with their consoles with a second-screen experience. Instead, the tech giant is encouraging players to use the Xbox app as Smartglass app, which is used by very few.
During the recently completed third-quarter, Microsoft’s Xbox live active users jumped 13.4% year-over-year to 59 million and gaming revenue climbed 18% to $2.25 billion. The gaming revenues growth bodes well for the future as the console market is expecting significant growth backed by digital downloads.
This year, Microsoft is expected to roll out more games at the E3 press conference that is scheduled on June 10. A new report from ResetEra claimed that the conference might run for a massive 2 hours thus suggesting that more new titles and already-announced projects are the key highlights of the conference.
Video game company Electronic Arts, Inc. (NASDAQ: EA) reported lower earnings and revenues for the fourth quarter of 2021. Earnings also missed analysts' forecast. During the March quarter, net bookings
Shares of Tyson Foods Inc. (NYSE: TSN) were in green territory during afternoon hours on Tuesday. The stock has gained 32% over the past 12 months and 23% since the
Space tourism company Virgin Galactic Holdings, Inc. (NYSE: SPCE) ended the first quarter of 2021 without generating revenue and continued the losing streak even as uncertainty over its test flight