Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder
for now Sal Romano / Gematsu : Sony Group Corporation and Kadokawa Corporation to form strategic capital and business alliance Jordan Middler / Video Games Chronicle : Sony is now Kadokawa's largest s...
Sony's shares in Japan surged 50%+ from an August low to reach its new all-time high since 2000 last week, as investors are bullish on its gaming growth in 2025
- Next year ‘one of the greatest’ for video games: Smithers — M&A and good management boost stock's appeal: Janus Henderson
The CFPB sues Zelle operator EWS, JPMorgan Chase, BoA, and Wells Fargo, alleging that customers lost $870M+ to fraud since the launch of Zelle in 2017
The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks …
Researchers unveil Genesis, an open-source generative physics engine that trains robots in simulated reality 430K times faster than in the real world
On Thursday, a large group of university and private industry researchers unveiled Genesis, a new open source computer simulation system …
The UK ICO criticizes Google as “irresponsible” after the company announced plans to let advertisers employ fingerprinting techniques from February 16, 2025
ICO says allowing advertisers to track digital ‘fingerprints’ will undermine consumers' control over information
Crypto executives say EU's MiCA crypto regulation may end up draining liquidity from markets without achieving EU's goals like preventing money laundering
- Executives are concerned that removing USDT will sap liquidity — European Union cryptoasset regulations set to take full force …
YouTube plans to start a crackdown on “egregious clickbait”, or videos where the titles or thumbnails make claims the videos don't back up, beginning in India
A lot of YouTube videos have flashy, misleading titles and thumbnails, such as “BREAKING NEWS” or “The president steps down …
US hospital operator Ascension notifies ~5.6M patients and staffers that their personal and health data was stolen in a May 2024 cyberattack
Ascension, one of the largest private U.S. healthcare systems, is notifying over 5.6 million patients and employees that their personal and health data …
Google releases Gemini 2.0 Flash Thinking, an experimental “reasoning” model that “explicitly shows its thoughts” and can use them to strengthen its reasoning
Quick: what sort of prompts should you run against GPT-4o vs Gemini 1.5 Flash vs o1 vs o1-pro vs gemini-2.0-flash-thinking-exp? X: Jeff Dean / @jeffdean : Introducing Gemini 2.0 Flash Thinking, an exp...
Apple researchers say the company's open-source ReDrafter method on Nvidia GPUs led to a 2.7x speed increase in generated tokens per second for greedy encoding
Malcolm Owen / AppleInsider :
Linden Lab says it has spent $1.3B building Second Life since 2003, paid out $1.1B to creators, and the virtual world has an economy of ~$650M per year
Linden Lab has spent $1.3 billion building the Second Life virtual world, which debuted back in 2003 in the first era of the metaverse. Mastodon: @Grizzlysgrowls@twit.social Mastodon: @Grizzlysgrowls@...
Q&A with Australia's eSafety Commissioner Julie Inman Grant on what led to the country's under-16 social media ban, enforcement, unintended consequences, more
Australia passed one of the strictest internet crackdowns in the world last month, banning children under 16 from being on social media or opening new accounts. Bluesky: @shiraovide and @mmasnick Blue...
Bluesky updates its app to include a separate mentions tab in notifications, protections against username squatting, and new controls for replies sorting
Social network Bluesky has released a new update to its app that includes a separate mentions tab in notifications …
Italy's data regulator fines OpenAI €15M after its probe found that the startup processed users' personal data to train ChatGPT without an adequate legal basis
Italy's data protection agency said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) …
Experts say Apple's spyware notifications for victims are a game changer for research; the notifications direct the victims to nonprofit security lab Access Now
Before the elections, the cybersecurity team of U.S. vice president and then-presidential candidate Kamala Harris reached …
Malaysia says it has identified WhatsApp, Facebook, Instagram, X, YouTube, Telegram, WeChat, and TikTok as platforms that need to obtain a license by next year
The platforms include Meta Platforms Inc.'s WhatsApp, Facebook and Instagram; Elon Musk's X; Google's YouTube; Pavel Durov's Telegram …
The EU commission approves Nvidia's acquisition of Israeli AI workload management startup Run:ai, saying the takeover raises no competition concerns in the EU
Samuel Stolton / Bloomberg :
Singapore-based bolttech, a B2B2C startup that offers “embedded” insurance products, raised a $100M+ Series C led by Dragon Fund at a $2.1B valuation
Yantoultra Ngui / Reuters :
Backflip, which is building AI models that can generate 3D designs using text, sketches, or photos as prompts, raised a $30M Series A co-led by NEA and a16z
The line between the physical and virtual world continues to blur. X: David Benhaim / @dbenny12 : Very excited to announce what Gregory Mark and I have been secretly building for the last two years. W...
The UK CMA says its phase one probe found that chip designer Synopsys' $35B acquisition of 3D software maker Ansys could reduce innovation and increase prices
Charlotte, NC-based Aiwyn, which provides automation software for accounting firms, raised $113M led by KKR and Bessemer, bringing its total funding to $127M
Kyle Wiggers / TechCrunch :
SAP promoted a team lead accused by five female staff of targeting female subordinates, raising concerns about company culture and workplace discrimination
Bloomberg :
Sources: Anysphere, developer of GitHub Copilot rival Cursor, raised a $100M Series B at a $2.6B valuation, up from a $400M valuation in August 2024
Marina Temkin / TechCrunch : X: @_anthonyriera , @suhail , @mattvagni , @techau , and @charlesrollet1 X: Anthony Riera / @_anthonyriera : Every tech company should pay Cursor to their engineers. 5x p...
A look at Frank McCourt's efforts to acquire TikTok and the obstacles he faces, as he lobbies Congress and Trump's team and recruits former TikTok executives
Bloomberg : X: @ali_lev X: Alexandra S. Levine / @ali_lev : ByteDance has said it's unwilling to sell TikTok, but that hasn't stopped interested buyers from lining up. Meet the contender who's alread...
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