chief financial officer Archives

Winsage

September 1, 2026

Microsoft extended Windows 10, but Nvidia just made the extension meaningless for gamers

Windows 10 will receive support until October 2027 under the Extended Security Updates (ESU) program, with approximately 30% of PCs still operating on this system. Nvidia will stop releasing Game Ready Drivers for Windows 10 in October 2026, and from November 2026, users will not receive game-related fixes or optimizations. Security updates will remain available until at least October 2029, but the lack of patches for new bugs may affect gaming experiences. HP reports that around 30% of PCs are still running Windows 10, and the company expects these users to transition to Windows 11 or invest in new hardware. Microsoft acknowledges that the growth of Windows 11 has slowed and is focusing on enhancing its features.

Winsage

August 11, 2026

5 years later, Windows 10 refuses to die, and Microsoft just can’t push holdouts to Windows 11

Windows 11 was released in 2021, but Windows 10 remains a significant presence, with approximately 17% market share among enterprise PCs as of 2026. Lansweeper reports that Windows 10 has lost users, dropping from nearly 50% in early 2025 to around 40% by October 2025, and settling at 16.9% a year later. Key sectors using Windows 10 include healthcare (23%), consumer retail (22.7%), small and medium businesses (21.4%), manufacturing (18%), and enterprises (16.6%). Windows 10 has 1,903 active CVEs compared to 652 on Windows 11, indicating a 2.9 times higher vulnerability. About 14% of Windows 10 users receive Extended Security Updates, leaving 2% on unsupported versions. HP reports that 30% of its installed base still uses Windows 10, reflecting a core group resistant to upgrading. Microsoft states that Windows is active on 1.6 billion PCs globally, with a noted 7% decrease in Windows OEM revenue attributed to lower PC demand and the end-of-support effects for Windows 10.

AppWizard

August 1, 2026

Sony exec says killing discs won’t make the PlayStation 6 too much like a PC: ‘Going forward, we can coexist peacefully with PC games’

Sony announced its plan to transition to a fully digital gaming platform by 2028, ceasing production of game discs. This decision has raised concerns among gamers regarding ownership and accessibility, particularly the ability to trade in games and access libraries during service outages. CFO Lin Tao stated that Sony is committed to this digital shift, emphasizing the strength of curated content and the stability of the gaming environment. Tao also noted that physical discs are not a significant differentiator for their products and expressed a vision of coexistence with PC games. Additionally, estimates suggest that the material costs for the upcoming PlayStation 6 could exceed 0, raising questions about pricing and competition in the market amid ongoing supply chain challenges.

AppWizard

June 24, 2026

Italy’s second-largest independent game studio buys its independence from Embracer

34BigThings has announced its return to independence after six years under the Embracer Group, with co-founder Valerio Di Donato acquiring full ownership. The new leadership team includes Di Donato, co-founder Giuseppe Enrico Franchi, and chief financial officer Daniel Giagnorio. Under Embracer, the studio expanded to over 70 employees and gained recognition for titles like the Redout series and Mars or Die!. Franchi stated that their decision to reacquire the studio was based on their vision for its future. The studio plans to unveil a major title later this year based on a beloved intellectual property, with another significant title scheduled for 2027 and a groundbreaking project for 2028.

AppWizard

May 29, 2026

‘Proper big’: The Witcher 3’s new expansion will be ‘closer to Blood and Wine’ in scope

CD Projekt has confirmed the development of a new expansion for The Witcher 3, titled Songs of the Past. This announcement was made due to a leak on the company's storefront. Chief Financial Officer Piotr Nielubowicz confirmed the expansion's existence during the Q1 2026 financial report, and Co-CEO Michał Nowakowski clarified that it is not just a downloadable content (DLC) addition. The studio aims to deliver an experience that rivals the acclaimed expansion Blood and Wine. A proper showcase of Songs of the Past is scheduled for Gamescom, taking place from August 26-30, 2026.

AppWizard

May 5, 2026

Surprise: The studio making Star Wars: Fate of the Old Republic is full of former BioWare devs

LucasFilm Games announced a new title, Star Wars: Fate of the Old Republic, at The Game Awards 2025, described as a "spiritual successor" to the Knights of the Old Republic series. Casey Hudson, former project director of KotOR and Mass Effect, is the CEO and game director at Arcanaut Studios, which he co-founded after leaving BioWare. The development team includes former BioWare employees, such as Chris Bain, the CFO, and Ryan Hoyle, the CTO. The studio's team also features talent from companies like Microsoft, Epic, Remedy, The Coalition, and ZeniMax. The game's artistic direction includes sci-fi visuals that align with the Old Republic aesthetic. Fate of the Old Republic will introduce new characters and a fresh storyline, not serving as a direct sequel to previous games. Arcanaut Studios was established in 2025.

AppWizard

April 16, 2026

Ex Ashes of Creation boss Steven Sharif claims he was advised against a $250 million proposal from Riot Games to buy the MMORPG

Steven Sharif, former founder and game director of Intrepid Studios, alleges a "deliberate misinformation and defamation campaign" against him amid ongoing legal battles with investors led by Robert Dawson. He claims to have received a 0 million acquisition offer from Riot Games, which he was advised to reject. Sharif posted a 3,700-word statement on Reddit, including court filings with witness declarations from former staff and statements from investors. Riot Games co-founder Marc Merrill clarified that while they considered acquiring Intrepid, they ultimately decided not to proceed. Sharif accuses Dawson of orchestrating a defamation effort and claims that investor Jason Caramanis sought to intimidate him. Additionally, TFE Games Holdings has filed a separate lawsuit against Sharif for allegedly misappropriating funds. Sharif asserts that he believed the company was financially stable before its shutdown and that access to financial details was limited after a control shift in 2024.

AppWizard

January 22, 2026

Ubisoft axes six games, including the Prince of Persia Sands of Time remake that felt like it was finally within reach

Ubisoft has announced a comprehensive organizational and operational reset, which includes the cancellation of six in-development projects, notably the Prince of Persia: Sands of Time remake. This remake, initially unveiled in 2020, has faced development challenges and is now shelved indefinitely. The company's strategic pivot is a response to changes in the gaming industry, focusing on open-world games and "Games as a Service" (GaaS) experiences, supported by investments in generative AI. Ubisoft has created "Creative Houses" for dedicated teams to enhance brand focus and streamline development. Despite the cancellations, Ubisoft is developing four new intellectual properties, including March of Giants. Additionally, seven upcoming titles have been delayed, with speculation surrounding the remake of Assassin's Creed: Black Flag and other potential candidates like The Division 3 and the remake of Splinter Cell.

AppWizard

October 17, 2025

BD CFO Chris DelOrefice leaving for new job

Chief Financial Officer Chris DelOrefice will leave BD on December 5 to become CFO at Ulta Beauty. He announced his resignation on October 9, and the company is seeking a permanent successor. Vitor Roque will serve as interim CFO following DelOrefice's departure. BD's preliminary fourth-quarter revenue is approximately .9 billion, an 8.3% increase year over year, while fiscal year 2025 revenue is about .8 billion, marking an 8.2% rise. Analysts described the fourth-quarter results as disappointing, citing a significant impact from the macro environment. BD plans to separate its biosciences and diagnostics business and will discuss earnings on November 6.

AppWizard

September 8, 2025

It’s official – “another wave” of Intel Core Ultra Arrow Lake CPUs is coming

Intel's CFO, David Zinsner, confirmed the upcoming release of additional Arrow Lake CPUs, which will bridge the gap between the existing Core Ultra 200-series and the future Nova Lake processors. The Arrow Lake CPUs have shown improvements in thermal management and power efficiency but have struggled against AMD's latest gaming CPUs. The new Arrow Lake refresh may feature higher clock speeds and enhanced AI performance for the Neural Processing Unit (NPU). The manufacturing of Arrow Lake CPUs is being handled by TSMC, while the upcoming Panther Lake and Nova Lake CPUs will utilize Intel's in-house 18A manufacturing process. The new Arrow Lake CPUs will provide an upgrade option for users of LGA1851 motherboards.