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Microsoft CEO Attempts To Kill Remaining Xbox Goodwill

Microsoft CEO Attempts To Kill Remaining Xbox Goodwill https://ift.tt/KDklcjU After Xbox laid off 1,600 employees over the summer, Microsoft's gaming division followed up with more layoffs and studio closures this week. In the wake of these events, Microsoft CEO Satya Nadella is taking a look at the bright side and praising Xbox CEO Asha Sharma's actions as a necessary step. "There's some amount of streamlining the team is doing, and Asha is doing, which is great to see," said Nadella during his appearance on the Sources Podcast . He also noted that he feels "fantastic about the IP we have right now. If I look at the studios, the IP portfolio we have, and our ability to then take that and produce great games going forward, I feel fantastic." "We have to invent the right sustainable business model that allows us to deliver gaming to more and more people," added Nadella. Regarding AI, Nadella questioned why Western consumers are so...
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Madame Web Box Office: How Did The Movie Do In Its First Weekend?

Madame Web Box Office: How Did The Movie Do In Its First Weekend? https://ift.tt/XMSgmIj

The Spider Man spin-off movie Madame Web from Sony Pictures opened on Valentine's Day, and the early box office results were not great. However, the movie is doing slightly better than some expected, bringing in $52 million worldwide for its opening period.

This was an abnormal opening period, as the film opened on Wednesday, February 14, and these numbers cover a six-day period spanning through Monday, February 19 for the Presidents' Day holiday. The movie earned $26 million over six days in the US and, as mentioned, $52 million worldwide over that time span.

The movie was estimated to have cost $80 million to produce (prior to marketing expenses), which means it has not yet broken even. However, Deadline reported that, due to the solid box office results so far, the movie will not "suffer as much as originally feared."

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