Microsoft's Xbox division is preparing for further job cuts to align with ongoing restructuring efforts to optimize its gaming subsidiaries following massive acquisitions and cost-cutting initiatives.
Games/Entertainment
Las Vegas’ Renowned Mirage Hotel-Casino Is Closing, Transforming Into Luxury Hard Rock Hotel
The Las Vegas Strip's Mirage hotel-casino will close in July to become a luxury Hard Rock hotel.
Netflix Boasts 40 Million Users Subscribed to Ad-Supported Tier, Reveals Plans to Develop In-House Ad Tech Platform
Netflix reports 40 million monthly users of its ad-supported service, with the ads chief stating that the firm is creating its own platform for ad solutions.
Sony Appoints Hermen Hulst and Hideaki Nishino as New PlayStation CEOs
Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs starting on June 1, replacing Jim Ryan.
Microsoft to Roll Out Its Mobile Game Store in July to Compete With Apple and Google
Microsoft has announced that it will launch its own mobile game store in July. Microsoft announced Thursday that it is preparing to launch its own mobile game store in July.
Latest News
Roblox's second-quarter bookings fell short, with shares dropping nearly 20% and revenue missing expectations at $780.7 million compared to the anticipated $784.9 million.
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
Thousands of Taylor Swift fans fly to Europe for Eras Tour, bypassing pricey US tickets. Expedia notes the "tour tourism" trend, citing cost advantages.
Minnesota Governor Tim Walz has signed the "Taylor Swift bill" into law to boost protections for online ticket buyers.
NBA champion Kyle Kuzma has recently taken on a new role as an adviser to an early-stage venture firm called Scrum Ventures.
Electronic Arts (EA) revealed that their full-year bookings were forecasted to be between $7.3 billion and $7.7 billion, which is below Wall Street estimates of $7.76 billion.
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024. The generated revenue of Universal Music Group rose 5. 8% during the first quarter of 2024, reaching 2.
Sony and Apollo bid $26B in cash for Paramount Global amid potential Skydance merger. Competing with Skydance, the deal may reshape the entertainment industry landscape.
