Sony plans to lay off around 900 employees, or 8% of workforce, at its PlayStation division, and close its London Studio in the UK
Sony says it's laying off around 900 employees of its PlayStation division, a reduction of its global headcount of around 8 percent.
Microsoft says its investment in Mistral AI amounts to €15M; EU regulators plan to analyze the investment, which could eventually lead to a formal investigation
- Partnership amounts to €15 million investment, Microsoft says — EU analysis could lead to future formal investigation
Nvidia plans to start showing free-tier GeForce Now users “up to two minutes” of video ads on February 28 while they are queuing to start a cloud gaming session
Nvidia's completely free, no-strings attached trial of its cloud gaming service GeForce Now is about to be very slightly less …
Microsoft takes a minor stake in Mistral AI and plans to help bring the French startup's AI models to market, as regulators probe Microsoft's OpenAI alliance
Extremely excited to see Mistral AI and Microsoft expanding the strategic partnership with focus on three areas: … Florian Follonier, PhD : Excited to share news of a new partnership between Microsoft...
Netflix confirms that it has started removing Apple iTunes billing for longtime subscribers, and now requires them to pay directly on its website
Netflix confirms to The Verge that it has begun booting longtime subscribers off their Apple iTunes billing plans, and will require …
Mistral AI releases Mistral Large, a cheaper GPT-4 rival that supports 32K-token context windows, and Le Chat, a ChatGPT-like chat assistant in public beta
Mistral Large is our flagship model, with top-tier reasoning capacities. Brad Smith / Microsoft On the Issues : Microsoft's AI Access Principles: Our commitments to promote innovation and competition ...
Sony says its PlayStation layoffs will also impact game makers Insomniac, Naughty Dog, and Guerrilla, three of its most successful subsidiaries
The company is also canceling a game based on the Twisted Metal racing franchise — Sony Group Corp. will lay off 900 people across …
Sources: the BlackCat ransomware gang is behind the outage at UnitedHealth's technology unit that has disrupted services at pharmacies in the US for six days
Figurines with computers and smartphones are seen in front of the words “Cyber Attack” in this illustration taken, February 19, 2024.
Seacom says a subsea cable was damaged in the area where Houthi fighters are targeting ships, highlighting how vulnerable critical subsea infrastructure can be
A subsea cable off the coast of Yemen that connects Europe to India has been damaged, and the telecommunications carrier that owns …
A look at the underground floppy disk music scene; Discogs data shows 500+ floppy music releases in the 2020s, more than in the 1980s, 1990s, and 2000s combined
The first computery thing I do in the year 2024 is nudge a 3.5-inch floppy disk into a USB floppy drive that I bought … Mastodon: @yacht@ravenation.club . LinkedIn: Tom M. Novak and Thomas Walskaar . ...
Researchers detail a spam campaign using 21K hijacked abandoned domains and subdomains from brands like eBay, MSN, and VMware to send ~5M malicious emails daily
A massive ad fraud campaign named “SubdoMailing” is using over 8,000 legitimate internet domains and 13,000 subdomains to send …
Hopin, the struggling virtual events startup valued at $7.75B in 2021, enters liquidation for its UK parent company as it moves its HQ to Delaware in the US
The company was once valued at $7.75bn … London-based event tech startup Hopin — which shot to a $5.65bn valuation in 2021 …
Lapse, a photo app that makes users wait to share unedited pictures as they are “developed” like film, raised a $30M Series A, sources say at a $150M valuation
It can cost a fortune in 2024 to find an analogue camera, buy film (and maybe special batteries) for it, and take pictures that then need to be developed.
During oral arguments, SCOTUS justices seemed reluctant to strike down Texas' and Florida's social media laws, but raised concerns about companies' 1A rights
Update Tim Wu / New York Times : Big Tech's Latest Power Grab: the Constitution Washington Post : A roundup of the oral arguments made in the Supreme Court for two cases involving Florida's and Texas'...
Samsung unveils the Galaxy Ring at MWC 2024; the device will be centered around health and wellness, come in three colors, and be available later in 2024
battery life, features and more Mihai Matei / SamMobile : Samsung to forge half a million Galaxy Rings initially. Will it be enough? Ben Schoon / 9to5Google : Samsung Galaxy Ring to have up to nine da...
Canada introduces the Online Harms Act, which aims to hold platforms responsible for reducing exposure to damaging content and create a digital safety regulator
RECOMMENDATION Her Excellency the Governor General recommends to the House … Darren Major / CBC News : Long-awaited online harms bill proposes new regulatory bodies, Criminal Code changes Ananya Gairo...
Sources: Meta aims to reveal and demo, but not launch, the first version of its AR glasses, codenamed Orion, during its Connect developer conference in the fall
- Under an internal project named Orion, Meta has been working on high-tech AR glasses for years.
In amended filings, Alibaba discloses previously unknown stakes by the Chinese government in more than 12 of its business entities, following a US SEC inquiry
The Hangzhou-based e-commerce pioneer said in filings in the US and Hong Kong over the weekend that more than a dozen of its entities …
GitHub announces the general availability of Copilot Enterprise, which is able to reference an org's code and knowledge base, for $39 per user per month
GitHub today announced the general availability of Copilot Enterprise, the $39/month version of its code completion tool and developer-centric chatbot for large businesses.
AI-based photo editing app PhotoRoom raised $43M led by Balderton Capital at a $500M valuation, says it has 150M+ downloads and processes ~5B images annually
Photoroom, the AI-based photo editing app out of Paris that has been growing like a weed targeting people doing business online …
Glean, which uses AI to offer unified search across apps used at a company, raised a $200M+ Series D at a $2.2B valuation and says annualized revenue hit $39M
- Glean is valued at $2.2 billion in its latest funding round. — The company is taking on the Copilot chat tool for Microsoft 365 …
Bloomberg data: BlackRock's spot bitcoin ETF set a one-day trading volume record of $1.3B+ on February 26, beating its $1B+ launch day record; BTC passes ~$55K
Bitcoin is Ready to Break All Time High before the Halving! — · Mike Dalton / CryptoSlate : Bitwise predicts 50% odds of spot ETH ETF approval, $88k BTC by year end Brayden Lindrea / Cointelegraph :...
Sources: TikTok has replaced several senior executives, including the one running its trust and safety unit, giving the CEO more oversight of content moderation
TikTok has shaken up its senior ranks, replacing several senior executives including the person running its trust & safety unit …
The CTO for US Central Command says ML algorithms developed under Project Maven helped narrow down targets for 85+ air strikes in the Middle East on February 2
Katrina Manson / Bloomberg :
While Google paused Gemini's image generation, its text generation tool also gives absurd responses, highlighting the need for open-source AI models to flourish
and it's going to be hard to fix Threads: Vishwanath Sarang / @vishwanathsarang : I guess there is finally a day when I disagree with @stratechery. Do not attribute to over-engineering what can easil...
Q&A with Crunchyroll President Rahul Purini about the streaming service's anime focus, working with creators in Japan, Sony, competing with Netflix, and more
Nilay Patel / The Verge :
Google unveils new Android features: Gemini integrated in Messages, AI-powered text summaries in Android Auto, AI-generated image captions in Lookout, and more
Cheyenne MacDonald / Engadget :
Intenseye, which uses computer vision to spot risks and enhance workplace safety, raised a $64M Series B led by Lightspeed, bringing its total funding to $90M
Intenseye has raised $64 million in a funding round led by Lightspeed Venture Partners to develop AI that can detect …
The US adds Sandvine to its entity list, banning the networking equipment company from obtaining US tech, for supplying Egypt with equipment used for censorship
Ryan Gallagher / Bloomberg :
Appfigures: Threads sees triple the daily downloads of X on iOS globally and over double the number of installs on Google Play, widening the gap late last year
Although an app's downloads aren't an exact proxy for usage, they can hint at where the market is headed.
The EU is asking developers about the impact of Apple's decision to disable PWAs in the EU, seen as a precursor to a formal investigation into the company
Inkitt, the self-publishing site that wants to use AI to pick and tweak the most compelling stories to distribute on its Galatea app, raised a $37M Series C
Everyone has a story in them, as someone famous once said. A startup called Inkitt believes that it can use AI to turn the strongest … Mastodon: @ai6yr@m.ai6yr.org . X: @ingridlunden . LinkedIn: Seve...
Shadowfax, which operates a B2B logistics network in 2,500+ Indian cities, raised a $100M Series E led by TPG NewQuest, bringing its total funding to over $220M
Manish Singh / TechCrunch :
Expedia plans to cut ~1,500 roles in 2024, mainly in its Product & Technology division; the company had 17,100 employees at the end of 2023, about half in tech
Todd Bishop / GeekWire :
Tel Aviv-based Exodigo, which uses AI and sensors to make underground maps for energy, utility, transport, and construction companies, raised a $105M Series A
Greenfield Partners, Zeev Ventures lead Series A round …
Zoom reports Q4 revenue up 2.6% YoY to $1.15B, vs. $1.13B est., Enterprise revenue up 4.9% YoY to $667.3M, and announces a $1.5B stock buyback; ZM jumps 10%+
feels like we're in the late innings of the structural cost cuts/pivot to profitability and shareholder returns in tech.
Sources: Singapore-based Shein is in the early stages of exploring a London IPO, as the fast-fashion startup has judged unlikely for the SEC to approve a US IPO
Bloomberg :
Unity reports Q4 revenue up 35% YoY to $609M, vs. $551M est., but down 2% YoY to $510M excluding a Wētā FX deal, Q1 sales guidance far below est.; U drops 10%+
DEAR UNITY SHAREHOLDERS We believe that Unity plays a critical role in the gaming industry. Jonathan Vanian / CNBC : Unity shares sink on weak guidance Josh Lamb / Proactive : Unity stock plummets aft...
Nvidia unveils the RTX 500 and RTX 1000, its new laptop GPUs for on-the-go AI processing powered by its Ada Lovelace architecture, available in Spring 2024
Dean Takahashi / VentureBeat :
How AI is changing the adult entertainment industry, raising concerns about performers' compensation and rights to their likenesses, abuse prevention, and more
Q&A with Uber CEO Dara Khosrowshahi about the Indian market, competition, becoming profitable, regrets about selling UberEats in India, regulations, and more
Shopify: Revolutionizing Commerce with Winter Edition '26
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Email fatigue is real: Here's how smart email tools help you regain control
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Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.