| Mark Gurman / Bloomberg: |
Sources: Apple is winding down Project Titan, its decade-long effort to make an electric car; Apple plans to move some impacted staff to generative AI projects — - Executives tell staff to end work on endeavor known as Titan — Employees on some car teams will move to Apple's AI division| Samantha Cole / 404 Media: |
Internal docs: Tumblr staff compiled users' data in preparation for deals where Automattic would sell the data to OpenAI and Midjourney to train AI tools — Join the newsletter to get the latest updates. — Success — Great! Check your inbox and click the link. — Error| Tom Warren / The Verge: |
Sony plans to lay off around 900 employees, or 8% of its global workforce, at its PlayStation division, and will close PlayStation's London Studio — 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: |
Filing: Nintendo sues the makers of Switch emulator Yuzu in US federal court, alleging it is designed to circumvent Nintendo's encryption and facilitates piracy — If you've ever seen a Steam Deck playing a Legend of Zelda game, chances are you were seeing the Yuzu emulator at work.| Blake Brittain / Reuters: |
Filing: OpenAI asks a US federal judge to dismiss parts of NYT's copyright suit, alleging it “paid someone to hack OpenAI's products” and violated OpenAI's TOS — OpenAI has asked a federal judge to dismiss parts of the New York Times (NYT.N) copyright lawsuit against it … | 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 … | 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 … | 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| Mark Stenberg / Adweek: |
Docs: Google is paying a handful of independent publishers a five-figure sum for one year to use an unreleased suite of generative AI tools to post stories — In exchange for a five-figure sum, publishers must use the tool to publish 3 stories per day — Google launched a private program … | Paul Alcorn / Tom's Hardware: |
Leaked presentation: Intel's 14A process is slated for production in 2026, and its previously unannounced Intel 10A, its first 1nm chip, is set for late 2027 — Single-digit nanometer chips to arrive in late 2027. — We've already covered the first major announcements … | Jem Aswad / Variety: |
TikTok removes all songs published by Universal Music Publishing Group, expanding a licensing spat; at first only songs owned or distributed by UMG were removed — The bruising battle over royalties between Universal Music Group and TikTok entered a new and more severe stage in the early hours … | 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 … | Leah Nylen / Bloomberg: |
Sources: Apple met with DOJ Assistant AG Jonathan Kanter last week in a final bid to avoid an antitrust suit, which is expected to be filed by the end of March — - Representatives for iPhone maker met with top officials — Antitrust agency has been probing company since 2019| Proof: |
A review of Claude, Gemini, GPT-4, Llama 2, and Mixtral found the models often provided inaccurate or misleading election information; GPT-4 performed the best — Experts testing five leading AI models found the answers were often inaccurate, misleading, and even downright harmful| Bloomberg: |
Sources: Klarna is in talks with banks for a potential US IPO as soon as Q3 2024 and is considering seeking a valuation of around $20B — - Swedish firm may list as soon as in the third quarter — Fintech giant was once Europe's most valuable startup — Klarna Bank AB … | 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.| 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| Ashley Capoot / CNBC: |
Bumble reports Q4 revenue up 13% YoY to $273.6M, a $32M net loss, vs. $159.2M YoY, and plans to eliminate 350 roles, about 37% of its workforce — - Bumble announced plans to lay off about 350 employees as part of its fourth-quarter earnings report Tuesday.| Lauren Thomas / Wall Street Journal: |
Cox Enterprises is buying OpenGov in a deal valuing the company, which provides cloud software for cities and state agencies, at $1.8B — Cable giant is buying OpenGov, a provider of software for cities and state agencies — Cox Enterprises is buying OpenGov in a deal that values … | 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.| Jon Swartz / MarketWatch: |
eBay reports Q4 revenue up 2% YoY to $2.56B, vs. $2.51B est., GMV up 2% to $18.6B, and net income up 8% to $728M, and announces an additional $2B stock buyback — EBay Inc.'s stock was up 5.5% in extended trading Tuesday after the online marketplace delivered quarterly results …
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