| Mark Gurman / Bloomberg: |
Sources: Apple is winding down Project Titan, its decade-long effort to make an electric car; employees on some car teams will move to Apple's AI division — - Executives tell staff to wind down work on Project Titan — Employees on some car teams will move to Apple's AI division| Tom Warren / The Verge: |
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.| Jason Schreier / Bloomberg: |
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 … | Samantha Cole / 404 Media: |
Internal docs: Tumblr staff compiled users' data in preparation for deals where Automattic would sell the data to OpenAI and Midjourney to train AI tools — Internal documents obtained by 404 Media show that Tumblr staff compiled users' data as part of a deal with Midjourney and OpenAI.| Sean Hollister / The Verge: |
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 … | Blake Brittain / Reuters: |
Filing: OpenAI asks a US federal judge to dismiss parts of NYT's copyright suit, alleging it “paid someone to hack OpenAI's products” and violated OpenAI's TOS — OpenAI has asked a federal judge to dismiss parts of the New York Times (NYT.N) copyright lawsuit against it … | Olivia Solon / Bloomberg: |
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 … | Samuel Stolton / Bloomberg: |
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| Romain Dillet / TechCrunch: |
| Madhumita Murgia / Financial Times: |
| Wes Davis / The Verge: |
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 … | Mark Gurman / Bloomberg: |
Sources: Sonos delays its launch of $449 headphones to June, a month later than previously hoped, after hitting software snags, and aims to make up to 1M units — - Company anticipates shipping $449 product in June after delay — Sonos aims to manufacture as many as 1 million units| Lauren Thomas / Wall Street Journal: |
Cox Enterprises is buying OpenGov in a deal valuing the company, which provides cloud software for cities and state agencies, at $1.8B — Cable giant is buying OpenGov, a provider of software for cities and state agencies — Cox Enterprises is buying OpenGov in a deal that values … | Frederic Lardinois / TechCrunch: |
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.| Ingrid Lunden / TechCrunch: |
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.| Mark Stenberg / Adweek: |
Docs: Google is paying a handful of independent publishers a five-figure sum for one year to use an unreleased suite of generative AI tools to post stories — In exchange for a five-figure sum, publishers must use the tool to publish 3 stories per day — Google launched a private program … | Sifted: |
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 … | Sarah Perez / TechCrunch: |
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.| Sarah Zheng / Bloomberg: |
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 … | Paul Alcorn / Tom's Hardware: |
Leaked presentation: Intel's 14A process is slated for production in 2026, and its previously unannounced Intel 10A, its first 1nm chip, is set for late 2027 — Single-digit nanometer chips to arrive in late 2027. — We've already covered the first major announcements … | Kali Hays / Business Insider: |
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.| Alexis Ong / The Verge: |
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 … | The Information: |
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 … | Ingrid Lunden / TechCrunch: |
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 …
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