February 5, 2024, 6:40 PM

Top News

Rohan Goswami / CNBC:
Snap plans to lay off 10% of its global workforce, or ~529 employees, in part to “promote in-person collaboration”; the company cut 20% of staff in August 2022  —  Social media company Snap said on Monday that it would lay off 10% of its global workforce, or around 529 employees.
Tom Warren / The Verge:
Microsoft Gaming CEO Phil Spencer announces an event next week to share “our vision for the future of Xbox”, amid rumors that Xbox exclusives are coming to PS5  —  Details of Microsoft's multi-platform plans have been gradually leaking, with The Verge revealing over the weekend …
Tom Warren / The Verge:
Source: Bethesda considers bringing its new Indiana Jones game to the PS5 months after its Xbox and PC debut, as part of Microsoft's new multi-platform approach  —  Bethesda's upcoming Indiana Jones game is also tentatively set to launch on Sony's PlayStation 5 console.
Nilay Patel / The Verge:
How researchers used AI to read the Herculaneum papyri, charred in 79 AD by Mount Vesuvius' eruption, potentially rewriting key parts of ancient world history  —  A few years ago, during one of California's steadily worsening wildfire seasons, Nat Friedman's family home burned down.
Joseph Cox / 404 Media:
A look at OnlyFake, an underground website that claims to use “neural networks” to generate highly convincing fake IDs for $15; one ID passed OKX's verification  —  This piece was produced with support from The Capitol Forum.  —  An underground website called OnlyFake is claiming to use …
Karissa Bell / Engadget:
Anna Nicolaou / Financial Times:
Microsoft strikes an AI deal with Semafor for a breaking news feed called Signals; Ben Smith says it will be written by journalists, using AI as a research tool  —  Collaboration comes as tech giant faces multibillion-dollar lawsuit from the New York Times  —  Microsoft is working …
Will Canny / CoinDesk:
Oobit, which lets consumers pay using crypto while merchants receive fiat currency, raised a $25M Series A led by the investment arm of Tether and others  —  The round also included participation from Anatoly Yakovenko, the co-founder of Solana.  —  Register Now
Sylvia Westall / Bloomberg:
Yandex plans to sell its entire Russian business, including Russia's most popular search engine, to a group led by Yandex management in a deal valued at ~$5.2B  —  - Dutch-registered firm reaches agreement to sell Russian unit  — Fallout from the war in Ukraine forced tech giant to split up

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