Ryan McCaffrey / IGN:
Xbox President Sarah Bond, long thought to be Phil Spencer's heir, is leaving; Xbox Game Studios head Matt Booty is promoted to Chief Content Officer  —  Spencer's run with Xbox ends just months shy of the brand's 25th anniversary.  —  Microsoft Gaming CEO Phil Spencer …

Jordan Novet / CNBC:
Phil Spencer will retire after 38 years at Microsoft; Asha Sharma, the president of product in Microsoft's Core AI business, will become the CEO of gaming  —  Microsoft's head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company faces increased challenges in its Xbox business.

Ryan Vlastelica / Bloomberg:
Anthropic launches Claude Code Security, which “scans codebases for security vulnerabilities and suggests targeted software patches”; cybersecurity stocks fall  —  Shares of cybersecurity software companies tumbled Friday after Anthropic PBC introduced a new security feature into its Claude AI model.

Lauren Goode / Wired:
Code Metal, which uses AI to let engineers translate legacy code into modern languages, raised a $125M Series B led by Salesforce Ventures at a $1.25B valuation  —  The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can't come at the cost of new bugs.

Fred Lambert / Electrek:
A US judge rejects Tesla's bid to overturn a $243M jury verdict over a fatal 2019 Autopilot crash, a blow for Tesla as it faces a growing wave of lawsuits  —  A federal judge has rejected Tesla's bid to overturn a $243 million jury verdict over a fatal 2019 Autopilot crash in Florida …