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Xbox Chief Phil Spencer Retires; Asha Sharma Named New Gaming CEO Redmond, WA – February 20, 2026 – Microsoft's gaming division is undergoing a significant leadership transition as Phil Spencer, the long-serving head of
Microsoft is implementing a new return-to-office policy starting Feb. 23 for its Seattle-area workforce. Employees within a 50-mile radius of an office will be required to be in-person at least three days a week, a significant shift for the tech giant that aligns it with industry peers like Google and Meta.
The visionary co-founders behind popular apps Reface and Prisma have teamed up to launch Mirai, a new venture focused on significantly improving AI model performance directly on devices like smartphones and laptops. With a fresh $10 million seed funding, Mirai aims to revolutionize on-device AI inference.
Etsy has sold its secondhand clothing marketplace, Depop, to eBay for $1.2 billion. This deal comes nearly five years after Etsy acquired Depop for $1.62 billion, at a time when secondhand clothing apps were gaining significant traction during the pandemic, marking a new chapter for the popular fashion platform.
OpenAI is making a major move into India, partnering with Tata for an initial 100MW AI data center capacity with a long-term goal of 1GW. The AI giant also plans to open new offices in Mumbai and Bengaluru later this year, signaling a deep commitment to India's tech landscape and talent pool. This expansion is set to significantly boost AI development and adoption in the region.
