Microsoft to cut 650 jobs at Xbox gaming unit

Microsoft to cut 650 jobs at Xbox gaming unit

Phil Spencer, executive vice president at Microsoft, speaks at the company’s Xbox One X reveal event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 11, 2017. Patrick T. Fallon | Bloomberg | Getty Images Microsoft on Thursday said it is cutting 650 roles at its Xbox gaming division, in the latest … Read more

Sony PlayStation 5 Pro launch: Price, specs, release date

Sony PlayStation 5 Pro launch: Price, specs, release date

Sony is releasing its upgraded PlayStation 5 Pro console on Nov. 7, 2024. Sony Sony on Tuesday announced the PlayStation 5 Pro, an upgraded version of its gaming console that will launch on Nov. 7 for $700. The arrival of Sony’s refreshed PS5 console comes amid a global decline in console sales. In August, Sony … Read more

Summer box office buoyed by ‘Inside Out 2,’ ‘Deadpool & Wolverine’

Summer box office buoyed by ‘Inside Out 2,’ ‘Deadpool & Wolverine’

Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool & Wolverine.” Disney Box office analysts and cinema owners braced themselves a few months ago for the possibility that the summer movie season could be the worst showing in a decade. Thanks to some anthropomorphic emotions and a bad-mouthed, fourth-wall breaking antihero, the domestic summer box … Read more

A look at the behind-the-scenes business of Hollywood studio lot tours

A look at the behind-the-scenes business of Hollywood studio lot tours

The Hollywood sign is viewed during a clearing storm. Mario Tama | Getty Images News | Getty Images For over 100 years, Hollywood has transported audiences to worlds outside their own, from the slick streets of New York City to the yellow bricks of Oz.  Hundreds of acres of land in Los Angeles are dedicated … Read more

Sony rules out renewing Paramount offer, says it wouldn’t fit strategy

Sony rules out renewing Paramount offer, says it wouldn’t fit strategy

The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024.  Eric Thayer | Bloomberg | Getty Images Sony’s finance chief on Wednesday said the Japanese technology and media giant will not reconsider a fresh bid for film and TV production group Paramount Global. Sony currently has no plans to submit a revised … Read more

Seb Coe defends decision to pay track, field Olympic gold medalists

Seb Coe defends decision to pay track, field Olympic gold medalists

Grant Fisher and Abdihamid Nur compete in the men’s 5000 meter final on Day Ten of the 2024 U.S. Olympic Team Track & Field Trials at Hayward Field on June 30, 2024 in Eugene, Oregon. Patrick Smith | Getty Images Sport | Getty Images World Athletics President Sebastian Coe defended his decision to pay prize … Read more

Skydance Paramount deal for Redstone’s National Amusements revived

Skydance Paramount deal for Redstone’s National Amusements revived

Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters David Ellison’s Skydance has reached a preliminary deal with Shari Redstone’s National Amusements to merge with Paramount, according to two people familiar with the matter, resurrecting a deal which failed … Read more

‘Inside Out 2’ tops $1 billion at global box office, first since ‘Barbie’

‘Inside Out 2’ tops  billion at global box office, first since ‘Barbie’

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.” Disney | Pixar Disney and Pixar’s “Inside Out 2” is the newest member of the billion-dollar club. The animated feature has tallied $1.014 billion worldwide as of Sunday, making it the highest-grossing film of 2024 and the first film … Read more

Tech firms bet optical networks will boost AI, 6G transition

Tech firms bet optical networks will boost AI, 6G transition

Fast adoption of e-commerce, online streaming media, and workplace productivity tools — particularly during the Covid pandemic — has massive strain on current-day telecom networks. Nurphoto | Getty Images Some of the world’s largest tech firms are backing a new kind of telecoms network which they say will help reduce overall power consumption of data-hungry … Read more

Inside Out 2, Despicable Me 4 could boost box office

‘Inside Out 2’ tops  billion at global box office, first since ‘Barbie’

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.” Disney | Pixar A big piece has been missing from the box office — family films. A handful of kid-friendly hits — Universal’s “Super Mario Bros.” chief among them — have boosted ticket sales. But many family features … Read more