economic trends Archives

AppWizard

May 29, 2026

Epic Games’ Tim Sweeney slams Valve over Steam Deck price hikes — mocks founder Gabe Newell over rising costs of megayachts

Tim Sweeney, CEO of Epic Games, criticized Valve for increasing the price of the Steam Deck's 1TB model to 9, attributing the price hike to shortages in memory and chips. He acknowledged the overall rise in component costs but deemed Valve's increases excessive. Valve's CEO Gabe Newell is known for his luxury yacht collection, including a 365-foot superyacht valued at around a billion dollars. Valve has not yet announced pricing for the Steam Machine, which is expected to be priced similarly to other gaming PC builds, potentially exceeding ,000, without subsidies to compete with PlayStation or Xbox.

AppWizard

April 27, 2026

Microsoft Lowers the Price of Xbox Game Pass Ultimate And PC Game Pass, But What’s Next For Xbox?

Under CEO Asha Sharma, Xbox has reduced the price of Xbox Game Pass Ultimate from .99 to .99 and PC Game Pass from .99 to .99. The removal of day-one access to Call of Duty is part of this strategy, which aims to address consumer concerns and enhance the service's value. Microsoft reportedly faced a 0 million loss due to including Call of Duty: Black Ops 6 in Game Pass, prompting these price adjustments. Sharma's initiatives include a partnership with Discord, the introduction of Xbox Game Pass: Starter Edition, and plans for a Family Plan. The company is also focusing on improving the Xbox app for PC gaming and reevaluating its approach to exclusives. Frequent updates and player feedback will be prioritized as Xbox prepares for the next generation of consoles, referred to as Project Helix.

AppWizard

April 18, 2026

How I got 2 Microsoft job offers at once after more than 50 rejections

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