Could Xbox's "business update event" unveil collaborations with PS5 and others?

Microsoft Gaming has recently faced a wave of challenges, including layoffs and rumors about the future of Xbox exclusives. However, CEO Phil Spencer has announced a “business update event” next week.

Unconfirmed rumors were circulating this weekend, claiming that popular Xbox-PC titles like Starfield and the upcoming Indiana Jones game could be released on Sony’s PlayStation 5. This sparked debate and, in some cases, disappointment among Xbox gamers who felt this move would betray the platform’s commitment to exclusivity.

With concerns mounting, Phil Spencer took to X (formerly Twitter) to announce a business update event scheduled for next week. The event’s purpose, as stated by Spencer, is to “share more details with you about our vision for the future of Xbox.”

While the format remains unclear, it could be a press event with journalists, a live stream for fans, or a series of press releases posted on the Xbox Wire website.

Regardless of the format, it’s likely to be a significant turning point for Microsoft Gaming.

Beyond the layoffs and exclusivity rumors, other key questions loom large. Despite the October acquisition, the lack of information regarding integrating Activision Blizzard titles with Xbox Game Pass continues to create uncertainty. Fans are eager to know when, or even if, their favorite Activision Blizzard titles will be available on the subscription service.

With clear communication and detailed plans for the future, including the impact of the Activision Blizzard acquisition, Microsoft can potentially alleviate fan anxieties and rebuild trust.

However, much depends on the content and delivery of the update. If it lacks specific information or avoids major concerns, frustration among fans might persist.

For now, all eyes are on Microsoft’s official channels next week.