Microsoft has released its recent financial report, indicating a 7% drop in Xbox revenue over the fiscal year and a 10% decrease during the fourth quarter. Although Game Pass experienced growth, console sales declines led to a 29% reduction in hardware revenue.
A federal judge has temporarily halted the $110 billion acquisition of Warner Bros. Discovery by Paramount Skydance until August 17. The ruling allows the entertainment giant more time to contest a possible extended suspension.
