Yunesto Mobile & iOS Games

Microsoft has confirmed that it pulled out of funding Hitman developer IO Interactive's new fantasy game, and it's because the company is re-focusing its spending on the "highest priorities" for the business.

Latest Developments in Game

Speaking to Bloomberg, a Microsoft spokesperson said Xbox is "taking a fresh look at where we invest so we're focusing on our highest priorities." Major changes are afoot at Xbox.

Industry Impact

The statement went on to claim that Microsoft is "not reducing our overall investment in games," adding that the total amount of investment this year should be about the same as it was last year.

What This Means for Businesses

"What's changing is where we're investing and the kinds of projects we're backing," Microsoft said.

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