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February 27, 2024, 12:55 PM
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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:
Mistral AI releases Mistral Large, a cheaper GPT-4 rival that supports 32K-token context windows, and Le Chat, a ChatGPT-like chat assistant in public beta
Madhumita Murgia / Financial Times:
Microsoft takes a minor stake in Mistral AI and plans to help bring the French startup's AI models to market, as regulators probe Microsoft's OpenAI alliance
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 …
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
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, February 27, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Alex Sherman / CNBC:
Sources: in its next US TV deal, the NHL seeks a 50%-100% increase over its seven-year, $4.5B contract with ESPN and TNT; formal talks can begin on January 1

Winston Cho / The Hollywood Reporter:
A group of consumers refiles a lawsuit to unwind Paramount's WBD deal, citing HBO Max and Paramount+ bundling, the ouster of DC Studios heads, and budget cuts

Matthew Keys / TheDesk.net:
Newsmax reported Q3 net income of $15.2M and revenue up 52.5% YoY to $69M, including a one-time $14M termination payment for a canceled ad deal; NMAX rose 31.4%

More News

Ryan Gallagher / Bloomberg:
The US adds Sandvine to its entity list, banning the networking equipment company from obtaining US tech, for supplying Egypt with equipment used for censorship
Katrina Manson / Bloomberg:
The CTO for US Central Command says ML algorithms developed under Project Maven helped narrow down targets for 85+ air strikes in the Middle East on February 2
Randy Thanthong-Knight / Bloomberg:
Canada introduces the Online Harms Act, which aims to hold platforms responsible for reducing exposure to damaging content and create a digital safety regulator

Earlier Picks

Ben Thompson / Stratechery:
While Google paused Gemini's image generation, its text generation tool also gives absurd responses, highlighting the need for open-source AI models to flourish
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
Bloomberg:
During oral arguments, SCOTUS justices seemed reluctant to strike down Texas' and Florida's social media laws, but raised concerns about companies' 1A rights
Cheyenne MacDonald / Engadget:
Google unveils new Android features: Gemini integrated in Messages, AI-powered text summaries in Android Auto, AI-generated image captions in Lookout, and more
Steve Dent / Engadget:
Samsung unveils the Galaxy Ring at MWC 2024; the device will be centered around health and wellness, come in three colors, and be available later in 2024
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