| Wesley Yin-Poole / IGN: |
Memo: Microsoft lays off 650 staff from its gaming business, bringing the cuts in its gaming business to 2,550 jobs since acquiring Activision Blizzard in 2023 — No games canceled or studios closed this time. — Microsoft is laying off a further 650 staff from its gaming business … | Dan Goodin / Ars Technica: |
Researchers detail gaining the ability to generate counterfeit HTTPS certificates and more after buying an expired WHOIS server domain for the .mobi TLD for $20 — .mobi top-level-domain managers changed the location of its WHOIS server. No one got the memo.| Bloomberg: |
Sources: OpenAI is in talks to raise $6.5B in equity financing at a $150B valuation, plus, a source says, $5B in debt from banks as a revolving credit facility — - Company set to raise $6.5 billion in equity financing — Banks also in talks to issue startup $5 billion in debt| Shaurya Malwa / CoinDesk: |
Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral — The token will initially be offered on Ethereum and Coinbase's Base networks, with plans to expand to more blockchains in the coming months.| Arasu Kannagi Basil / Reuters: |
Mastercard agrees to buy Recorded Future, which uses AI-powered analytics to identify potential threats, from PE firm Insight Partners for $2.65B — Mastercard (MA.N) has agreed to buy threat intelligence company Recorded Future from private equity firm Insight Partners for $2.65 billion, the payments company said on Thursday.| Sarah Emerson / Forbes: |
Sources: Adam Neumann's Flowcarbon, which raised $70M in 2022 from a16z and others, is refunding investors after failing to launch its Goddess Nature Token — Flowcarbon secured millions of dollars in funding from investors like Andreessen Horowitz to merge carbon credits with the blockchain … | Ryan Browne / CNBC: |
The UK gives data centers Critical National Infrastructure designation, enabling the government to coordinate better against hackers and unexpected cyber events — LONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected … | Natasha Lomas / TechCrunch: |
Ireland's DPC opens an investigation into Google's GDPR compliance over using the personal information of EU and EEA users for training foundation AI models — Google's lead privacy regulator in the European Union has opened an investigation into whether or not it has complied … | Aisha Malik / TechCrunch: |
Google adds Audio Overview to NotebookLM, letting users turn documents into audio discussions with two AI hosts that summarize and explain the source material — Google announced on Wednesday that its AI note-taking and research app, NotebookLM, is adding a new “audio conversations” feature.| Debby Wu / Bloomberg: |
Infineon says it has developed 300mm gallium nitride wafers, which can produce 2.3x more chips than 200mm wafers and speed their adoption for AI applications — - Chipmaker announces breakthrough in gallium nitride production — Compound semiconductors can be more efficient than silicon| Lily Hay Newman / Wired: |
A look at Apple's Private Cloud Compute for Apple Intelligence that Craig Federighi says allows user data to be “hermetically sealed inside of a privacy bubble” — Private Cloud Compute is an entirely new kind of infrastructure that, Apple's Craig Federighi tells WIRED … | Wall Street Journal: |
Analysis: VC investments in AI startups have reached $64.1B so far in 2024, or ~30% of total VC dollars invested, amid questions about whether they will pay off — Tech giants and investors are shoveling cash into artificial intelligence amid questions about whether it will pay off
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| Ben Schoon / 9to5Google: |