Microsoft is raising the price of Xbox consoles due to the ongoing hardware shortagesSeries X 2TB Galaxy Black is being discontinuedThe price of XBOX consoles will increase by $100 for 512 GB models and $150 for 1 TB modelsMicrosoft have confirmed the prices will be updated worldwide, not just in the USXbox Wire
Sony confirms it’s laying off ‘most of the Destiny team’, ‘some’ Marathon devs as well as members across SIE teams that 'support Bungie's operations'It is believed that Bungie studio head Justin Truman, who succeeded Pete Parsons last year, is stepping down following the news of layoffsVGC
At least a dozen people have departed award-winning South of Midnight developer Compulsion Games this week, following reports that Xbox is planning major restructuring that could result in "significant" layoffs and studio closuresLinkedIn posts by a dozen former Compulsion staff, shared during the past week, highlight a string of departures, with at least one former employee "unexpectedly" finding themselves without a job and now looking for workEurogamer
VC fund VGames launches new $10m Indie Fund. The venture is providing project financing in exchange for revenue share rather than equity dealsGamesIndustry.biz
San Francisco-based video game investment house Denmu announces 'auteur-first' $50 million fund for game devsGame Developer