Techmeme
February 27, 2024, 11:00 AM

Top News

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 …
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 …
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 …
Reuters:
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.
Bill Toulas / BleepingComputer:
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 …
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 …
More: Forbes
Saritha Rai / Bloomberg:
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  — Startup makes maps for utility, transport, construction firms
More: FinSMEs

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Earlier Picks

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