| Jason Schreier / Bloomberg: |
Sources: after closing several video game studios, Microsoft plans more cuts, as the massive Activision acquisition has ramped up scrutiny on the Xbox division — Xbox is offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax as part of a broader cost-cutting initiative| Ash Parrish / The Verge: |
Town hall: Xbox Game Studios head Matt Booty discussed wanting small and prestigious games, after closing the studio behind small, prestigious hit Hi-Fi Rush — Today, one day after Microsoft announced that it would shut down four of its games studios, Matt Booty, head of Xbox Game Studios … | Wall Street Journal: |
Binance sources and docs: an internal investigator, dismissed in late 2023, found evidence of secret internal trading accounts and DWF Labs' market manipulation — Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.| Wall Street Journal: |
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh's brain that reduced data collection after the implant's threads came out — Amount of data captured from the device declined, although the patient and the Elon Musk-owned company still staged a successful demonstration| Dan Milmo / The Guardian: |
As part of its Model Spec release, OpenAI says it is considering letting developers and users “responsibly” generate “NSFW content in age-appropriate contexts” — Critics say ChatGPT creator's proposal to allow erotica, slurs and other adult content undermines its mission statement| Carl Franzen / VentureBeat: |
| Lawrence Abrams / BleepingComputer: |
Dell warns customers of a data breach after a threat actor claimed to have stolen data for ~49M customers, but says financial and payment data was not stolen — Dell is warning customers of a data breach, after a threat actor claimed to have stolen information for approximately 49 million customers.| Bloomberg: |
Sources: Alphabet has been progressing in its talks to acquire marketing software provider HubSpot and has discussed deal terms; HubSpot has a $30B market cap — Alphabet has discussed terms of a potential deal with HubSpot, said the people, who asked not to be identified because the information is private.| Financial Times: |
TikTok plans to start automatically labeling some AI content, including from DALL-E and Adobe's Firefly, and joins the Adobe-led content credentials coalition — Social media companies under pressure to identify deepfakes and prevent spread of misinformation| Emily Chang / Bloomberg: |
An interview with Sundar Pichai on playing the long game on AI, how Google got Gemini image generation wrong, AI search, the US DOJ lawsuits, layoffs, and more — In this episode of The Circuit with Emily Chang, the Alphabet CEO explains how he's in it for the long haul—and won't dance to anyone else's tune.| Chris Welch / The Verge: |
Sonos responds to criticism of its app redesign, saying it takes “courage to rebuild” and that it's working to reintroduce missing features in the coming months — In the days since, customers have complained about missing features like sleep timers, broken local music library management … | Mark Gurman / Bloomberg: |
A look at Tim Cook's potential successors; sources say hardware engineering chief John Ternus is the most likely successor, and Cook could stay on until 2027 — John Ternus, the head of hardware engineering, is emerging as a potential successor to the CEO.| Pew Research Center: |
A survey of 1,423 US teens: 85% play video games, including 41% daily, 72% say gaming is a way to spend time with others, and 80% think harassment in an issue — 85% of U.S. teens say they play video games, and about four-in-ten do so daily. Teens see both positive and negative sides of video games … | Aisha Counts / Bloomberg: |
Reddit releases a new content policy, including a ban on AI data licensees from using deleted posts or comments; Reddit expects $60M+ in 2024 licensing revenue — - Social media company restricts data use by AI companies — Reddit expects to generate $60 million from licensing in 2024| Shahram Mokhtari / iFixit News: |
Huawei Pura 70 Pro teardown: most of its chips are designed and manufactured in China, and the 7nm Kirin 9010 is only marginally better than the Kirin 9000S — Huawei released the Pura 70 line of smartphones in April 2024 and it's already made a bit of a stir.| Manish Singh / TechCrunch: |
Indian investment app Groww moves its domicile back to India from the US, as some Indian startups relocate overseas entities to align with India's new rules — Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back to India from the U.S. … | Pratik Jain / Reuters: |
US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate — Hospital operator Ascension reported disruptions to its clinical operations on Wednesday due to a suspected cybersecurity incident … | Counterpoint Research: |
US smartphone shipments fell 8% YoY in Q1 2024, the sixth consecutive quarter of decline; Samsung's market share grew to 31%; Apple's share remained flat at 52% — - US smartphone shipments declined 8% YoY in Q1 2024, the sixth consecutive quarter showing a YoY decline.| Wall Street Journal: |
Sources: French AI startup Mistral AI is nearing a deal to raise ~$600M at a $6B valuation, after raising $500M at a $2B+ valuation in December 2023 — Mistral AI is nearing a deal to raise funds at a $6 billion valuation—nearly tripling its level from six months ago.
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