Treasury Secretary Scott Bessent is not happy with the Justice Department investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News....
Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...
Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts apparently include closing down some of its VR gaming studios. It "appears" Twisted Pixel...
Belgian bank KBC will launch bitcoin and ether trading for retail investors via its Bolero platform as Belgium’s MiCA regime comes into force....
Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...
Ubisoft has announced a sweeping company restructure that will result in the cancelation of six games including its Prince of Persia: Sands of Time remake, and a delay to a further seven titles. Two U...
Exuberance for AI has led to fears of a bubble forming in the stock market in recent years. iStock; Rebecca Zisser/BI Jenny Xiao of Leonis Capital says there's a lag between AI research and investment...
Stellar Blade director and CEO of Shift Up Hyung-tae Kim has stated that without the use of AI, developers in smaller nations will struggle to keep up with studios in places like the U.S. and China. A...
Streaming group is competing with Paramount for prized studio assets...
Ubisoft is making some massive changes to its business: As part of a reorganization , the company will focus its efforts on the big open-world games it's famous for along with live service titles, and...
Palmer Luckey says Meta's VR layoffs cut bloated in-house game studios that were quietly undermining the industry's ecosystem. David Fitzgerald/Sportsfile via Getty Images Oculus founder Palmer Luckey...
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
TikTok is officially under new ownership in the US, and that could spell big changes for the video-sharing app. On January 22nd , ByteDance - TikTok's Chinese parent company - and a group of investors...
Germany's trade and industry lobby say Trump's Greenland demand is "blackmail" and "unacceptable" and warn that giving in will only lead to further "ludicrous" demands. Follow DW....
Germany's GDP grew 0.2% in 2025, ending a run of two consecutive years of recession, new figures show. The justice minister wants to combat the misuse of AI to create sexualized images. DW has more...
Just over a year after it briefly disappeared from app stores, TikTok in the US is now part of a new entity, TikTok USDS Joint Venture LLC . With approval from both the US and China closing on the sch...
Crypto majors are very green with Bitcoin making a new another 2-month high; BTC +2% at $96,7500; ETH +2% at $3,360, SOL even at $145; XRP -1% to $2.11. DCR (+30%), DASH (+10%), ICP (+10%) and ZEC (+7...
Netflix has updated the acquisition terms for its Warner Bros. Discovery offer to an all-cash deal , replacing its initial $82.7 billion cash and stock agreement. The changes are designed to expedite ...
Article URL: https://sherwood.news/markets/how-claude-code-is-the-chatgpt-moment-repeated-and-why-thats-awful-news-for/ Comments URL: https://news.ycombinator.com/item?id=46693021 Points: 5 # Comments...
There aren't many tech companies that can claim Sony's level of influence in how we live our lives. From the Walkman to the PlayStation to the Trinitron, Sony has been making excellent gadgets in mult...