Techmeme
February 27, 2024, 12:45 PM

Top News

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 …
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.
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:
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 …
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 …
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.
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.
Jordan Novet / CNBC:
Glean, which uses AI to offer unified search across apps used at a company, raised a $200M+ Series D at a $2.2B valuation and says annualized revenue hit $39M  —  - Glean is valued at $2.2 billion in its latest funding round.  — The company is taking on the Copilot chat tool for Microsoft 365 …
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.
More: MediaPost
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 …

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