Netflix Co-CEO Admits Slowing Growth; Xbox Denies Sale Rumors

Netflix co-CEO Ted Sarandos acknowledged that the streaming giant's growth is not meeting his expectations, while also clarifying the company's stance on user-generated content. This comes as the company navigates a competitive streaming landscape and explores new revenue streams.

In the gaming sector, Microsoft's Xbox division has officially denied reports suggesting a potential sale of the business. Xbox CEO Asha Sharma has refuted claims that leadership was considering spinning out the gaming unit, aiming to quell speculation about the future of the popular console brand.