New York - Motionbox, which bills itself as a family-oriented video-sharing site, announced on Tuesday that it has raised $7 million in its second round of funding, led by new investor Constellation Ventures.

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Microsoft Corp. today announced that Don Mattrick, a former president at Electronic Arts Inc. (EA), will lead the Interactive Entertainment Business (IEB), which includes overseeing the Xbox(R) and Games for Windows(R) businesses. Peter Moore, who currently serves as corporate vice president of IEB, has decided to move his family back to the Bay Area for personal reasons and has secured another opportunity in the video games industry.