Microsoft names AI executive Sharma to lead Xbox

Microsoft appoints Asha Sharma to lead Xbox and gaming, replacing Phil Spencer.
Spencer, who ran Xbox since 2014 and headed gaming since 2022, is retiring.
The company aims to recommit to console gamers after years of focusing on mobile and PC.
Xbox president Sarah Bond and Xbox Games Studios head Matt Booty will leave their respective positions.
Sharma, previously at Instacart and Meta, was selected for her consumer expertise.
The shift comes after Microsoft alienated some Xbox fans with moves towards mobile and PC gaming.
Microsoft has laid off over 2,500 gaming employees and closed several studios in recent years.
Sharma emphasizes a renewed commitment to core Xbox fans and console gaming going forward.