Prudential names Douglas Flint as chair
The former HSBC executive will succeed Shriti Vadera...
1dFinancial Timeseconomics
Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI
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...
1dIGNTechnologyImpact
Robinhood CEO Says AI Could Spark a ‘Job Singularity’
Vlad Tenev argues AI will fuel a surge of new jobs, solo companies, and industries, not just cause displacement....
21hDecryptTechnology
Meta’s metaverse layoffs apparently include some of its VR studios
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...
2dThe VergeTechnologyImpact
Warhammer Maker Games Workshop Bans Its Staff From Using AI in Its Content or Designs, Says None of Its Senior Managers Are Currently Excited About the Tech
Warhammer maker Games Workshop has banned the use of AI in its content production and its design process, insisting that none of its senior managers are currently excited about the technology. Deliver...
2dIGNTechnologyImpact
Nvidia is staffing up as it draws heightened scrutiny. These are the key leaders it gained and lost last year.
Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia has added key marketing, policy, and HR executives over the past year. Several senior software acqui-hires came via startup deals. Executiv...
12hBusiness InsiderTechnologyImpact
She and 4 friends quit their jobs to make a mobile game. Now, they've raised $30 million in a Series A led by A16z.
Irem Sumer is the CEO and cofounder of Talemonster Games. Talemonster Games Talemonster Games raised $30 million in Series A funding led by Arcadia and Andreessen Horowitz. CEO Irem Sumer and her team...
22hBusiness InsiderTechnologyImpact
Rival leagues, charter flights and T-shirts: 11 moments that led to WNBA labor strife
CBA negotiations intensified in recent months, but previous events helped spark the stalemate between the WNBA and WNBPA....
1dESPNSports
Ubisoft Layoffs Continue With 55 Staff at The Division Studio Massive and Ubisoft Stockholm Now Impacted
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...
2dIGNeconomicsImpact
Bobby Kotick Claims Activision, Call of Duty, and Consoles Are Doing So Poorly It Proves He Was Right to Sell Activision Blizzard to Microsoft for $69 Billion
Former Activision boss Bobby Kotick has made a number of claims about the state of his former company, Call of Duty, and the console market as part of a response to a lawsuit. Kotick, who left Activis...
1dIGNeconomics
Microsoft, Meta, and Amazon are paying up for ‘enterprise’ access to Wikipedia
Microsoft, Meta, Amazon, Perplexity, and Mistral AI have joined Google in paying the Wikimedia Foundation for access to its projects, including Wikipedia's vast collection of articles. The Wikimedia F...
13hThe VergeTechnologyImpact
China, Canada poised to reset trade ties after Trump’s tariffs force rethink
Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...
2dSouth China Morning PostPoliticsImpact
Powell criminal probe upends Trump's search for a new Fed chair
White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...
2dBusiness InsiderPoliticsImpact
Citi CFO says a credit card cap would have a 'deleterious' impact on the economy
Citi reported fourth-quarter earnings on Thursday. Mike Kemp/In Pictures via Getty Images Citi's CFO Mark Mason said Trump's proposed credit card cap would have a 'deleterious' impact on the economy. ...
1dBusiness InsidereconomicsImpact
Meta confirms Reality Labs layoffs and shifts to invest more in wearables
Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...
2dThe VergeTechnologyImpact
'One Person Can Perform the Work of 100 People' — Boss of Stellar Blade Developer Says It Needs to Use AI to Compete With Overwhelming Manpower of China and U.S. Studios
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...
2dIGNTechnologyImpact
I raised $500,000 at 21 by selling a share of my future earnings. It's how I solved having great ideas but no capital.
Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...
1dBusiness InsidereconomicsImpact
Elon Musk wants to dominate the in-flight internet market. Here are all the airlines that now offer Starlink WiFi.
British Airways announced a deal with Starlink in November. Courtesy of British Airways Lufthansa is the latest airline to sign up for Elon Musk's Starlink WiFi. 31 carriers have announced deals for t...
1dBusiness InsiderTechnology
Point72 sells off stakes of fintech startups to Goldman Sachs and others
Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...
1dBusiness InsidereconomicsImpact
Asus Prime GeForce RTX 5070 Graphics Card Drops Below MSRP Today, But It Won't Last
The short-term outlook doesn't bode well for the GPU market. Hardware Unboxed recently announced that the GeForce RTX 5070 Ti graphics card may have just hit end-of-life status, since major board part...
2hIGNTechnologyImpact
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