Hit Hard By Microsoft Layoffs, Halo Developer Says Franchise 'here To Stay'
Video game Halo Infinite developer 343 Industries has shared a brief message about the franchise's future after being hit hard by the Microsoft layoffs.
"Halo and Master Chief are here to stay," 343 said in a statement attributed to studio head Pierre Hintze, reports Engadget.
"343 Industries will continue to develop Halo now and in the future, including epic stories, multiplayer, and more of what makes Halo great," it added.
Halo Infinite is a 2021 first-person shooter game developed by 343 Industries and published by Microsoft's Xbox Game Studios.
The statement comes after Microsoft confirmed that it would lay off 10,000 employees before the end of March.
Moreover, the report mentioned that the restructuring "hit hard" 343 Industries, which lost Halo veteran and creative director Joe Staten, who joined the studio in 2020 to help bring Infinite to completion, to Microsoft's publishing division.
Meanwhile, Microsoft also announced plans to shut down its social virtual reality platform AltspaceVR, which offered immersive social spaces for people to interact with friends and colleagues as 3D avatars.
In 2017, Microsoft stepped in and acquired the platform after AltspaceVR decided to shut it down, and now the company said it will shut down the service on March 10, 2023.
--IANS
shs/ksk/
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more