Tech

Microsoft Lays Off Nearly 5,000 Employees Across Xbox, Commercial Sales (games.slashdot.org)
24 days ago Microsoft Xbox

Xbox appoints Helen Chiang as its first COO; Chiang was previously corporate vice president for the Minecraft Franchise and the studio head of Minecraft (gamesbeat.com)
24 days ago Xbox

Source: Xbox Game Pass currently has about 30M subscriptions; document: Microsoft had projected Game Pass subscriptions would reach around 77M this year (www.wsj.com)
24 days ago Microsoft Xbox

A term sheet shows Tencent is seeking to raise as much as $1.55B in a selldown of part of its stake in short-video app operator Kuaishou through a block trade (www.bloomberg.com)
24 days ago Tencent

Nintendo Switch 2 Is Getting a Replaceable Battery in Europe (hardware.slashdot.org)
24 days ago Europe Nintendo Battery

Tencent releases Hy3, a 295B-parameter model that it says is competitive with GLM-5.1 and 5.2, under the Apache 2.0 license, following a preview launch in April (venturebeat.com)
24 days ago Tencent

Americans of All Ages Are Spending Less Time Socializing (news.slashdot.org)
25 days ago U.S.

Illinois Governor JB Pritzker signs SB 315, a bill requiring annual third-party safety audits of leading AI companies; OpenAI and Anthropic backed the bill (www.cbsnews.com)
25 days ago AI

Source: Mercor hit over $2B in gross revenue run rate in June, double its pace in April, and is profitable on a free cash flow basis (www.theinformation.com)
25 days ago

New Costco Gold Star Members—Join for $65 and Receive a $50 Digital Costco Shop Card (www.bleepingcomputer.com)
25 days ago

Max severity Adobe ColdFusion flaw now exploited in attacks (www.bleepingcomputer.com)
25 days ago Adobe

Software Is Now Written at the Speed of Thought. Security Isn't. (www.bleepingcomputer.com)
25 days ago

Fines Doubled As Teens Outsmart Australia's Social Media Ban (tech.slashdot.org)
25 days ago Australia Ban Social Media

Nintendo plans to stop selling the original Switch, Lite, and OLED in Europe from mid-February 2027 and update the Switch 2 to comply with new EU battery rules (www.theverge.com)
25 days ago Europe Nintendo Battery

Filing: Strategy sold 3,588 bitcoin for ~$216M between June 29 and July 5 to replenish its USD reserve; its holdings have an $11.4B paper loss at current prices (www.theblock.co)
25 days ago Bitcoin

10 Wild Stories About America's Most Fascinating Founding Father (listverse.com)
25 days ago U.S.

10 Amazing Lost Films That Were Found Again (listverse.com)
25 days ago

Memo: Xbox CEO Asha Sharma says the unit will divest five studios, including Ninja Theory, alongside 3,200 job cuts, to streamline the business, in a “reset” (www.bloomberg.com)
25 days ago Xbox

Memo: Microsoft is laying off ~4,800 employees, or ~2.1% of its workforce; most layoffs are in Xbox, where ~8% are being cut, rising to 15% in this fiscal year (www.theverge.com)
25 days ago Microsoft Layoffs Xbox

Reddit says its AI-powered content moderation systems caught 25K “spammy posts and comments” per day in Q1, reducing users exposure to such content by 20% YoY (www.bloomberg.com)
25 days ago AI Reddit

Broadcom agrees to expand its Apple partnership through 2031 to develop and supply custom chips; in 2023, the companies announced a multibillion-dollar deal (www.reuters.com)
25 days ago Apple

Anthropic signs a 20-year, $19B lease to use a TeraWulf data center in Kentucky, set to have a ~400MW capacity, with the first power delivery in H2 2027 (www.cnbc.com)
25 days ago

AI agent training platform Bespoke Labs raised $40M across a seed led by 8VC and a Series A led by Wing, saying the funding gives it almost two years of runway (www.axios.com)
25 days ago AI

Filing: Brookfield-backed data center company Csquare seeks to raise up to $1.35B in an IPO, selling 50M shares at $23 to $27 each for an up to $4.18B valuation (www.bloomberg.com)
25 days ago IPO

Google Ordered to Pay $2 Billion For Anti-Competitive Practices By Swedish Court (tech.slashdot.org)
25 days ago Google Sweden

How Masayoshi Son is remaking SoftBank in his own image, betting on AI; SoftBank trades at a ~50% discount to its net asset value, as some question the strategy (www.ft.com)
25 days ago AI Asset

A profile of Samsung union leader Choi Seung-ho, who helped win a ~$26B bonus package for chip employees, as he tries to resolve the rift over bonus gaps (www.bloomberg.com)
25 days ago Samsung

Q&A with Agility Robotics CEO Peggy Johnson on why the startup is going public via SPAC, the physical layer as its proprietary advantage, safety, and more (techcrunch.com)
25 days ago Startup Robot

AI-driven drops in labor income and gains in capital income could hit Ireland's tax base, with 6%+ of its workforce in tech and heavy exposure to US companies (www.bloomberg.com)
25 days ago Tax AI Ireland

Some US voters are using AI tools as nonpartisan researchers, seeing them as a viable alternative to traditional news coverage, voter guides, and social media (www.nytimes.com)
25 days ago AI

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