Phil Spencer | Pakistan

Microsoft on Friday put out word that Xbox stalwart Phil Spencer is retiring, in a shakeup of leadership at the tech titan’s video game unit. Former Instacart chief operating officer Asha Sharma will take over as head of Microsoft Gaming, with Matt Booty becoming executive vice president and chief content officer. “As we celebrate Xbox’s 25th year, the opportunity and innovation agenda in front of us is expansive,” Microsoft chief executive Satya Nadella said in a message to employees. “I am long on gaming and its role at the centre of our consumer ambition.” Changes to the gaming team include Sarah Bond leaving her job as Xbox president “to begin a new chapter” away from Microsoft, according to the company. Booty was previously president of game content and studios at Microsoft, according to his LinkedIn page. The shakeup comes as cloud computing and artificial intelligence have become priorities at Microsoft, driving revenue growth but also massive spending on infrastructure to power the technology. “When I...