Wednesday May 28, 2014

Microsoft's CEO: Xbox Isn't Going Anywhere

Microsoft's CEO has put all that talk of an Xbox spin-off to rest.

Microsoft's CEO Satya Nadella says he has no plans to sell off the company's Xbox business, despite longtime urging from investors. Speaking at the Code Conference, taking place this week in Rancho Palos Verdes in California, Nadella said flat out that Xbox would be sticking around. "I have no intent to do anything different with Xbox than we are doing today," Nadella told interviewers Kara Swisher and Walt Mossberg.