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Xbox CEO Joins Federal Reserve’s Productivity And Jobs Task Force Amid Tumultuous Time

Xbox CEO Joins Federal Reserve’s Productivity And Jobs Task Force Amid Tumultuous Time https://ift.tt/SzyVoWR The United States central bank, the Federal Reserve, has announced new task forces to "advance the conduct of monetary policy," and its board has chosen Xbox CEO Asha Sharma to help guide one task force pertaining to AI, as part of a wider effort to help create jobs and keep prices stable. The new Productivity and Jobs task force will look into the "economic impact of new general-purpose technologies," including AI, to help the Fed make better policy decisions. Sharma is joined on this task force by billionaire businessman and venture capitalist Marc Andreessen, along with Stanford University economics professor Charles I. Jones--he is currently on leave from the university to become a scholar-in-residence at the AI company Anthropic. Fed chairman Kevin Warsh said the new task forces are part of the group's "commitment to price stability a...
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Xbox Reportedly Passed On Genshin Impact


Xbox Reportedly Passed On Genshin Impact https://ift.tt/mWnJiVO

For the two years since it first released, Genshin Impact has been console exclusive to PlayStation, with a new report saying Xbox failed to reach a deal with developer MiHoYo while it was still in development.

A recent Reuters report looks into Microsoft's focus on the Chinese game industry, citing missing out on Genshin Impact as one of the reasons behind its increased interest in the region. The game has earned billions just on mobile platforms, and presumably has made a lot of money for Sony across PlayStation 4 and 5 as well.

An anonymous source quoted by Reuters claims that Xbox spoke to MiHoYo (now HoYoverse) when Genshin Impact was early in development but didn't reach a deal, something Microsoft now has regrets about. Another source claims that this experience is driving Microsoft's current search to recruit Chinese developers. They added that Genshin Impact has made a lot of money for Sony, though just how much is unclear, as there is no publicly available data for the game's revenue on PlayStation.

Continue Reading at GameSpot
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