Tag: Satya Nadella

BusinessStartups

Microsoft Reportedly Mandates 30% Profit Margin Target for Xbox Division, Prompting Strategic Shifts

Microsoft’s Xbox division is undergoing significant restructuring amid reports of a mandated 30% profit margin target. The financial pressure has resulted in studio closures, game cancellations, and strategic realignments across Microsoft’s gaming ecosystem.

Xbox Division Faces Unprecedented Profitability Demands

Microsoft’s gaming division is navigating substantial operational changes following internal mandates for increased profitability, according to recent reports from Bloomberg. Sources indicate that Chief Financial Officer Amy Hood implemented a 30% profit margin target for the Xbox division in fall 2023, significantly exceeding industry norms and historical performance levels within Microsoft’s gaming operations.

by Elisa Romero
BusinessEnergy Policy

Business Coalition Challenges Presidential Visa Fee Mandate in Federal Court

A major business advocacy group has filed a lawsuit against the Trump administration’s proclamation imposing a $100,000 fee on H-1B visa applications. The legal challenge asserts the measure exceeds presidential authority and threatens U.S. competitiveness in key sectors like technology and healthcare.

Legal Challenge to Presidential Visa Directive

The U.S. Chamber of Commerce has initiated a federal lawsuit contesting President Donald Trump‘s recent proclamation mandating a $100,000 fee for H-1B visa applications. According to reports, the business coalition alleges the executive action oversteps constitutional boundaries and disrupts a long-standing immigration program critical for addressing specialized labor shortages.

by Nathan Cole