| Jason Schreier / Bloomberg: |
Sources: Microsoft plans more cuts after closing several game studios, as the massive Activision acquisition has ramped up scrutiny on the Xbox division — Xbox is offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax as part of a broader cost-cutting initiative| Ash Parrish / The Verge: |
Town hall: Xbox Game Studios head Matt Booty discussed wanting small and prestigious games, after closing the studio behind small, prestigious hit Hi-Fi Rush — Today, one day after Microsoft announced that it would shut down four of its games studios, Matt Booty, head of Xbox Game Studios … | Wall Street Journal: |
Binance sources and documents: internal investigators, dismissed in late 2023, found evidence of market manipulation by DWF Labs and secret trading accounts — Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.| Dallin Grimm / Tom's Hardware: |
Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI — Stack Overflow is overflowing with salt. — Stack Overflow, a legendary internet forum for programmers and developers … | Wall Street Journal: |
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh's brain that reduced data collection after the implant's threads came out — Amount of data captured from the device declined, although the patient and the Elon Musk-owned company still staged a successful demonstration| Mark Gurman / Bloomberg: |
A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor — John Ternus, the head of hardware engineering, is emerging as a potential successor to the CEO. — Tim Cook has transformed Apple Inc. since taking … | Bloomberg: |
Sources: Alphabet has been progressing in talks to acquire marketing software provider HubSpot and has discussed terms; HubSpot has a $30B market cap — Google parent Alphabet Inc. has been progressing in talks to acquire marketing software provider HubSpot Inc., according to people familiar with the matter.| Carl Franzen / VentureBeat: |
OpenAI publishes Model Spec, which specifies how its models should behave, including objectives, rules, and default behaviors, and asks the public for feedback — OpenAI isn't done trying to live up to the “open” in its name. — While not making any of its new models open source … | Emily Chang / Bloomberg: |
An interview with Sundar Pichai on playing the long game on AI, how Gemini image generation “got it wrong”, AI search, the US DOJ lawsuits, layoffs, and more — In this episode of The Circuit with Emily Chang, the Alphabet CEO explains how he's in it for the long haul—and won't dance to anyone else's tune.| Shahram Mokhtari / iFixit News: |
Huawei Pura 70 Pro teardown: the 7nm Kirin 9010 is only marginally better than Kirin 9000S, and the majority of the chips are designed and manufactured in China — Huawei released the Pura 70 line of smartphones in April 2024 and it's already made a bit of a stir.| Pratik Jain / Reuters: |
US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate — Hospital operator Ascension reported disruptions to its clinical operations on Wednesday due to a suspected cybersecurity incident … | Jesse Pound / CNBC: |
Robinhood reports Q1 revenue up 40% YoY to $618M, vs. $549M est., crypto transaction revenue up 232% to $126M, and a $157M net income, vs. a $511M net loss YoY — Shares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results.| AJ Vicens / CyberScoop: |
Boeing confirms that LockBit attempted to extort a $200M ransom in October 2023; the company reportedly didn't pay any ransom after ~43GB of its data was posted — That attempt was one of multiple “extremely large” ransom demands made by LockBit over the years, authorities said.| Reuters: |
Arm reports Q4 revenue up 47% YoY to $928M, vs. $875.6M est., royalty revenue up 37% YoY, and forecasts FY 2025 revenue below est.; ARM drops 9%+ — Chip designer Arm Holdings (O9Ty.F), gave a fiscal first-quarter revenue forecast on Wednesday that beat Wall Street's expectations, but its full-year forecast was below expectations.| Bloomberg: |
SMIC reports Q1 revenue up 4.3% YoY to $1.75B, vs. $1.69B est., and a $71.8M net income, vs. $76.8M est., as consumer sentiment remains weak in China — - Net income was $71.8 million in the three months to March — SMIC expects revenue to rise by 5%-7% in April-June quarter| Michael Peel / Financial Times: |
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model to predict interactions and structures of proteins, DNA, RNA, more, beating many top methods — AlphaFold 3 aims to reveal biological secrets and boost drug search efforts — Google DeepMind has unveiled … | Zaheer Kachwala / Reuters: |
Roblox reports Q1 revenue up 22% YoY to $801M, bookings up 19% YoY to $923M, DAUs up 17% YoY to 77.7M, and cuts its full-year bookings forecast; RBLX drops 30% — Roblox (RBLX.N) cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within … | Pew Research Center: |
A survey of 1,423 US teens: 85% play video games, including 41% daily, 72% say gaming is a way to spend time with others, and 80% think bullying in an issue — 85% of U.S. teens say they play video games, and about four-in-ten do so daily. Teens see both positive and negative sides of video games …
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