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Zachary Small / New York Times: Video game executives say making cinematic games is getting so expensive and time-consuming that investing in graphics is providing diminished financial returns  —  The gaming industry spent billions pursuing the idea that customers wanted realistic graphics.  Did executives misread the market? Source link

Rapido recently fixed a security flaw that exposed personal information related to users and drivers on the ride-hailing platform, according to a report. A feedback form designed for Rapido users and drivers reportedly revealed their full names, email addresses, and phone numbers, via a portal that was discovered by a security researcher. The company acknowledged

Vince Dioquino / Decrypt: El Salvador agrees to scale back its bitcoin efforts, including making acceptance of bitcoin voluntary for the private sector, in exchange for a $1.4B IMF loan  —  Under the agreement, El Salvador will make Bitcoin acceptance voluntary for the private sector while restricting public sector involvement. Source link

Google is rolling out a new artificial intelligence (AI) model from the Gemini 2.0 family. Dubbed Gemini 2.0 Experimental Advanced, the large language model (LLM) will only be available to the paid subscribers of Gemini. The new model release comes just days after the Mountain View-based tech giant released the Gemini 2.0 Flash model to

Richard Waters / Financial Times: NYC-based Precision Neuroscience, a maker of brain-computer interfaces, raised a $102M Series C led by General Equity Holdings at a ~$500M post-money valuation  —  Precision Neuroscience, maker of a ‘brain-computer interface’, has raised more than $100mn in latest investment round Source link

Amazon announced setting up a new artificial intelligence (AI) laboratory on Monday. Dubbed Amazon AGI SF Lab, the new research lab will be based in San Francisco and focus on developing AI agents with real-world applications. The Seattle-based tech recently hired several top executives from the startup Adept AI Labs and will be seeding the

Muyao Shen / Bloomberg: Binance and Circle partner to promote USDC; Binance plans to list more crypto trading pairs denominated in USDC and hold USDC for its own corporate treasury  —  – Circle faces increased challenges in the stablecoin market  — Binance will support more USDC usage on its platform Source link

Amazon India has confirmed that it is piloting a quick commerce service in India. Following this move, the Indian arm of the US-based retail giant will offer quick deliveries of groceries and other daily essential items in 15 minutes or less. Notably, in November, Amazon India was reported to launch its quick commerce service called

Katie Robertson / New York Times: The NYT Tech Guild, with 600+ members, reaches a tentative deal with management on a contract enhancing job security, setting flexible hybrid schedules, more  —  The union, which represents some 600 tech workers at the publication, had been negotiating for a contract for more than two years. Source link

OpenAI released the Canvas tool out of preview on Tuesday, day four of its 12-day shipping schedule. Canvas was first announced in October as a sandbox-styled pop-up window that allows users to make inline edits, formatting, and other changes to text and code. Users can both make edits themselves or highlight a particular section and