Q&A with ex-PlayStation boss Shawn Layden about his support for Web3 gaming company Readygg, blockchain games, mass layoffs, AI, controlling costs, and more — Shawn Layden used to run Sony Interactive Entertainment's Worldwide Studios, a position that gave him unique insight into the whole industry and triple-A games.
Sources: Klarna co-founder Victor Jacobsson, who left in 2012 and owns ~4% directly, may have an 8%+ stake via special purpose vehicles ahead of an expected IPO — Jacobsson used right of first refusal to buy Klarna stock and used veto rights to exercise influence despite leaving in 2012
A look at Trump's TikTok flip-flop, as he recognizes the app's appeal to younger voters and repairs his relation with ByteDance investor and GOP donor Jeff Yass — I don't want Facebook, who cheated in the last Election, doing better. They are a true Enemy of the People!" Trump posted on Truth Social Thursday.
Experts say the weakening of LockBit and BlackCat marks a significant milestone in efforts to thwart cybercriminals, but ransomware hackers are not going away — - LockBit and BlackCat thrived using ransomware as service model — Law enforcement seized websites belong to both hacking groups
A look at the US venture debt landscape a year after SVB collapsed, as none of the new options have become as appealing as the “one-stop shop” SVB offered — Venture capitalists and tech groups have had to adjust to life without the ‘one-stop shop’ SVB offered
Trump comes out in support of TikTok, saying a ban will help “Facebook and Zuckerschmuck” double their business and Facebook is the “true enemy of the people” — - Congress members were inundated with calls from angry constituents after TikTok told its users …
Apple's handling of Epic's account closure turned a US contract dispute into a DMA enforcement priority due to the appearance of a gatekeeper silencing critics — Context: Apple terminated an app developer account obtained by Epic Games' Swedish subsidiary in order to build an alternative iOS app store …
Sources: China is in the process of raising $27B+ for its largest chip fund ever to counter US curbs, with most of the capital expected from local governments — - Local government, SDIC may join China's biggest-ever chip fund — Washington urges allies to tighten China export controls
Analysis: Temu and Shein are spending heavily on Facebook, X, and YouTube ads in the US; Temu placed ~1.4M ads globally on Google services in the past year — Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.
A look at Apple's studio business: sources say the company spent $700M+ of its reported $1B+ annual 2023 spend on just three films, which earned $466M combined — On March 10, the tech giant has 13 shots to take home an Oscar via two historical epics, “Killers of the Flower Moon” and …
Canalys Q4 2023 smartphone chip shipments: MediaTek rose 21% YoY to 117M, Apple rose 7% YoY to 78M, Qualcomm rose 1% YoY to 69M; Samsung dropped 48% YoY to 13M — Google Pixel is coming off of its best-selling year to date, but according to one report, Google shipped fewer Tensor chips in Q4 2023.
NPCI data: UPI transactions processed by Paytm fell 14% to $19.9B from January 2024 after RBI curbs, while PhonePe rose nearly 7% and Google GPay rose almost 6% — - Paytm loses usage even before any disruption to its systems — Services of Walmart, Google capitalize on Paytm's troubles
Stefanno Sulaiman / Reuters : SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting w...
