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Microsoft cofounder's investment group calls for Xbox spinoff

Time: 12:32 EST/17:32 GMT | News Source: Gamespot | Posted By: Byron Hinson

The next Microsoft CEO would be smart to consider spinning off the company's consumer business, which includes search advertising and the Xbox brand, according to cofounder Paul Allen's investment group Vulcan Capital. Allen is "intrigued and interested" by the recent Microsoft management and structural changes, Vulcan Capital chief investment officer Paul Ghaffari said during the Financial Times Investment Management Summit in New York last night as reported by Financial Times. Ghaffari said the "overwhelming majority" of Microsoft's revenue is generated by selling software and services to business customers. It is here that Microsoft should focus, he argued.

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#276 By 4240821 (195.208.3.68) at 11/15/2024 1:59:35 PM

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