alt Hacker NewsThe sign of a company in absolute decline is when the worst possible place to get info about it, is their official announcement. Whoever wrote the announcement went out of their way to obfuscate the crux of the announcement (compare the clear heading on hackernews to their own heading)
If your (well paid) job is to write and communicate clearly, and for a major announcement you come up with this...not much left to say.
Yeah the whole positive spin about doubling down on VR was completely ridiculous. The only thing left making money now is the store. Which means they'll just have to hope some others will make stuff that's worth selling because they've also shut all their own studios.