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Telecommunications & Media

Private equity firms weighed buying Microsoft Xbox, valued at up to $150 billion

Private equity firms considered acquiring Microsoft’s Xbox gaming unit in recent months, The Information reported, valuing it at $100 billion to $150 billion. The talks were exploratory and did not reach negotiations with Microsoft. Microsoft said Xbox was not for sale. The interest came as Microsoft reviewed options such as spinning off Xbox or changing its structure, and also considered a joint venture with partners.

Games & Commerce

Game companies step up film and TV adaptations of IP

South Korean game companies are turning successful games into films, dramas and animated works, aiming to widen their user base and boost revenue through video content. Nexon partnered with U.S. firm Chernin Entertainment to develop film and TV content for two games, while Devsisters teamed up with Big Shot Pictures for a CookieRun feature animation. Overseas cases show such releases can lift game usage and sales, but adaptation deals do not guarantee production or box-office success.

Crypto

Fruit fly brain simulation used for bitcoin trading makes $1 profit on first day with $100

A digital simulation modeled on a fruit fly’s neural wiring was used in a bitcoin trading experiment and made $1 in profit after one day. Coinbase software engineer Alex Warmus funded the system, called Stonkfly, with $100 and linked it to cryptocurrency price data. The setup converts Coinbase BTC-USDC market data into images and generates trading signals, but a single day’s gain does not prove learning or repeatable performance.