A new MMO in development at Elder Scrolls Online studio ZeniMax has been cancelled as Microsoft puts thousands more people out of work
Microsoft's latest round of layoffs has seemingly resulted in the cancellation of a new MMO that was in the works at Elder Scrolls Online developer ZeniMax Online Studios.
The cancellation of the game, codenamed Blackbird, was first reported by Jason Schreier of Bloomberg, who said on Bluesky that the unannounced MMO—an entirely original project—had been in development since 2018.
There's been no official announcement at this point, but multiple ZeniMax employees have indicated on LinkedIn that the report is accurate. Lead engineer Aaron Barnett, whose profile indicates he's "open to work," posted a message quoting and linking to Schreier's message, while senior character artist Eric Hall, who has also apparently been laid off, wrote separately, "Looks like the project I've been working on for the past 5+ years has been cancelled." Senior producer Chris Linn also wrote that "our amazing MMO project was just cancelled," and he is out of job.
Principal economy designer John Hartzell hinted at disarray in the layoff process in his own confirmation of the layoffs: "My Slack [corporate chat account] was deactivated as I write this so I assume my time here is over as well."
It's not yet known how many people at ZeniMax and other Microsoft-owned studios are being put out of work, but game director Ben Jones indicated that the unannounced MMO's entire development team has been let go. Massively Overpowered reported in 2022 that the development team on the game had grown to 200 people, and ZeniMax was continuing to recruit after that—in fact the studio's website still links to a "kickass new projects" page that encourages people to "join us and make your mark on an incredible new project."
Microsoft announced the layoff of approximately 9,000 employees earlier today, many of whom worked in the company's gaming division. Xbox boss Phil Spencer said in a memo to employees that the cuts "come at a time when we have more players, games, and gaming hours than ever before," and the Xbox "platform, hardware, and game roadmap have never looked stronger," which is an absolutely miserable thing to say when you're putting literally thousands of people out of work and something I hope we all remember the next time we're tempted to get excited about his latest t-shirt or well-stocked shelf.
Microsoft reported a net income of $88.1 billion in 2024, a 22% increase over the $72.3 billion profit it recorded in 2023, in case you're curious about these things.
Rare's Everwild project, first announced in 2019, has also reportedly been cancelled as a result of the Microsoft layoffs.
I've reached out to ZeniMax for comment and will update if I receive a reply.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 minutes ago
- Yahoo
Palantir shares jump as soaring AI demand powers forecast upgrade
(Reuters) -Palantir Technologies shares rose 5% before the bell on Tuesday, after strong demand for its AI-powered services across governments and commercial businesses prompted an increase in its annual revenue forecast. Investors have been betting big on the data analytics and defense software company's military-grade artificial intelligence tools and services, which have propelled its shares to more than double in value this year, making them the best performer on the S&P 500 index through last close. "Palantir's staggering growth is showing no signs of slowing... and (its) ability to grow at scale has been underestimated by a large cohort of the market," said Matt Britzman, senior equity analyst at Hargreaves Lansdown. The company raised its annual revenue forecast for the second time this year and above Wall Street estimates. Sales to the U.S. government jumped 53% to $426 million, representing more than 42% of the total second-quarter revenue of about $1 billion. Last week, the U.S. Army said it might spend up to $10 billion on Palantir's services over the next decade. The Denver, Colorado-based company, co-founded by Peter Thiel, expects expenses to rise significantly in the third quarter due to seasonal hiring amid rising competition among industry leading tech firms to poach top talent, as businesses rapidly look to adopt AI. The stock trades at over 200 times its 12-month forward earnings estimates, compared with AI giant Nvidia's 34.81 and S&P 500's 27.44. Jefferies analysts cautioned that there is a "disconnect between valuation and achievable growth". At least six brokerages raised their price targets on the stock after the results. Sign in to access your portfolio
Yahoo
4 minutes ago
- Yahoo
This BlackRock ETF Could Soar 18,000%, According to Billionaire Michael Saylor
Key Points Michael Saylor just updated his price target for a top cryptocurrency, showing monster upside. Investors can buy a BlackRock ETF to gain exposure to this leading digital asset in a hassle-free way. There are some differences between owning this crypto directly and buying the ETF. 10 stocks we like better than iShares Bitcoin Trust › Invest in Gold Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation Thor Metals Group: Best Overall Gold IRA Tech entrepreneur Michael Saylor co-founded MicroStrategy, an enterprise software company now doing business as Strategy, in 1989. However, the billionaire businessman has been laser focused in recent years on something totally different from his original area of expertise. Saylor is extremely bullish on a leading cryptocurrency. Based on his optimistic stance, there's one popular BlackRock exchange-traded fund (ETF) that could absolutely skyrocket. Here's what investors need to know about this exciting prediction. Saylor's 2046 price target Saylor is incredibly bullish on Bitcoin. Seeing how much the federal debt and money supply was ballooning after the onset of the COVID-19 pandemic, Saylor realized that holding cash or Treasuries was a losing game. MicroStrategy first purchased Bitcoin for its own balance sheet in August 2020. Since then, the billionaire has completely altered his company's playbook. Its value is driven by a Bitcoin treasury strategy, raising capital in the fixed income and equity markets to aggressively buy more of the digital asset. Strategy now owns just under 629,000 Bitcoin units, according to That enormous position isn't surprising when you consider Saylor's view that Bitcoin's price could reach $21 million by 2046. Compared to Bitcoin's current price of about $114,000, this target implies nearly 18,000% upside. This target is significantly higher than his 2045 base case of $13 million, which he made one year ago. I don't think Saylor's thesis changes much. It's all about Bitcoin being able to capture a greater share of global wealth over time. This capital could come from different asset classes, like the stock market, fixed income, or real estate. What's more, important catalysts, like the launch of spot Bitcoin exchange-traded funds (ETFs), as well as more favorable regulation, give support to Saylor's more bullish stance. Increasing accessibility and convenience for investors Because of Saylor's jaw-dropping 2046 price target for Bitcoin, it's not a shock that a related financial instrument has similar upside. The iShares Bitcoin Trust (NASDAQ: IBIT), an ETF offered by BlackRock, tracks the price of Bitcoin. If Saylor believes Bitcoin will rise almost 18,000% in 21 years, then the same view applies to the iShares Bitcoin Trust. This investment vehicle has been wildly successful since it was approved and introduced in January 2024. As of July 31, it had $86 billion in assets, making it the largest spot Bitcoin ETF on the market. The iShares Bitcoin Trust has been a huge hit because it made Bitcoin a legitimate financial asset from the perspective of a major Wall Street firm, BlackRock. This likely reduced the risk of gaining exposure in the eyes of both individual and institutional investors. It helps that this ETF essentially increases accessibility and convenience for investors. There's no need to sign up for separate account with a crypto-focused brokerage platform, as the iShares Bitcoin Trust is offered through traditional brokerage accounts. And investors can skip learning about private keys and self-custody practices used to hold the coin directly. Paying the ETF expense ratio of 0.25% might be worth it to avoid these possible headaches. However, investors in the iShares Bitcoin Trust must understand that they do not own Bitcoin directly. This is a key distinction that cannot be overlooked. And it goes against the Bitcoin philosophy of people being in control of their own private keys, not relying on third parties, and decentralization. Investors in the iShares Bitcoin Trust aren't able to use Bitcoin like a direct owner can. With the ETF, you can't send Bitcoin to whomever you want. And you certainly can't use Bitcoin in a transaction. But for some investors, this isn't a deal-breaker. It's all about having exposure to Bitcoin, which could be worth much more decades from now. Should you invest $1,000 in iShares Bitcoin Trust right now? Before you buy stock in iShares Bitcoin Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and iShares Bitcoin Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Neil Patel has positions in iShares Bitcoin Trust. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. This BlackRock ETF Could Soar 18,000%, According to Billionaire Michael Saylor was originally published by The Motley Fool


Tom's Guide
6 minutes ago
- Tom's Guide
Still stuck on Windows 10? Microsoft reveals the reasons why you can't upgrade to Windows 11, and how to fix them
One of the biggest frustrations in the world of computing at the moment is upgrading from Windows 10 to Windows 11. Microsoft started with some pretty high bars for Windows 10 users to clear to be able to upgrade — like higher minimum system requirements and a TPM 2.0 chip. But the Redmond crew has been starting to lend more of a helping hand, especially with a new pop-up notification and this support article. This details what key things may be driving compatibility issues with a newer version of windows. If there are compatibility issues with your hardware, you'll typically get pinged with a 'What needs your attention' banner message. In it, Microsoft points to four things: For Driver and Windows feature, it's going to be just a case of ensuring your PC is connected to the internet and either: Looking at hardware, it's worth noting that in spite of these issues, it's technically possible to install Windows 11 on a system that isn't compatible on paper. Microsoft does say 'you should be comfortable assuming the risk of running into compatibility issues." Here's our full guide on how to upgrade to Windows 11. And finally, apps. This one, you've got three choices depending on what is possible: Get instant access to breaking news, the hottest reviews, great deals and helpful tips. A key reason why this has been a frustration is the end of life messaging hasn't necessarily come with clear steps to fix it. Microsoft was more than happy to tell you what won't work, but didn't really highlight proactive steps to be upgrade-ready. With this, it's great to see support on how to get around these holds on people being unable to upgrade to Windows 11, and I can see it helping a lot of people in getting to the latest version. Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button.