Thursday, November 16, 2023

Embracer reports Q2 net sales up 13% YoY to ~$1B, layoffs impacted 900 employees, or 5% of its workforce, and 36 fewer games are in development than Q2 2022 (K.J. Yossman/Variety)

K.J. Yossman / Variety:
Embracer reports Q2 net sales up 13% YoY to ~$1B, layoffs impacted 900 employees, or 5% of its workforce, and 36 fewer games are in development than Q2 2022  —  “Lord of the Rings” owner Embracer Group has reported a 13% increase in net sales year-on-year in Q2, in part thanks to its intensive restructuring program.



Google Bard is now available for teens: All details

Google has expanded access to its AI chatbot, Bard, allowing teenagers to use the tool. Teens who meet the age requirements to manage their own Google Account can now access Bard in English, with more languages to be added later. The chatbot can help teenagers with various tasks such as finding inspiration, solving problems, and assisting with educational content. Bard can even provide step-by-step explanations for math problems and generate charts from data. Age requirements vary depending on the location of the user. https://ift.tt/w2Rt8kG

At its conference, Unity says the company plans to launch Unity 6 in 2024, details Unity Muse, an AI suite for content creation, and announces Unity Cloud (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat:
At its conference, Unity says the company plans to launch Unity 6 in 2024, details Unity Muse, an AI suite for content creation, and announces Unity Cloud  —  Unity, the global game engine and monetizationplatform, said that its Unity 6 platform will launch in 2024 with AI innovations and platform updates.



TikTok joins Meta in challenging its EU DMA "gatekeeper" status, saying the service is "arguably the most capable challenger to more entrenched" rivals (Supantha Mukherjee/Reuters)

Supantha Mukherjee / Reuters:
TikTok joins Meta in challenging its EU DMA “gatekeeper” status, saying the service is “arguably the most capable challenger to more entrenched” rivals  —  TikTok on Thursday joined Meta (META.O) in appealing against the “gatekeeper” status under the Digital Markets Act …



Wednesday, November 15, 2023

TikTok ties-up with Apple, Spotify and Amazon for this feature

TikTok has introduced a new feature called "Add to Music App" that allows users to save songs they discover on the platform to their preferred music streaming service. The feature will be available in the US and UK and will be compatible with major streaming services such as Amazon Music, Apple Music, and Spotify. Users can choose to add the song to a default playlist or create a new one. https://ift.tt/TlvIFO8

An in-depth look at how platforms like Shein, Pinduoduo-owned Temu, and TikTok Shop are heralding a new era for Chinese e-commerce by expanding overseas (Rest of World)

Rest of World:
An in-depth look at how platforms like Shein, Pinduoduo-owned Temu, and TikTok Shop are heralding a new era for Chinese e-commerce by expanding overseas  —  China is no longer just the world's factory; now, it's also the world's mall.  As online shopping slows within China …



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...