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Jason Schreier / Bloomberg: Sources: Microsoft plans more cuts after closing several game studios, as the massive Activision acquisition has ramped up scrutiny on the Xbox division  —  Xbox is offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax as part of a broader cost-cutting initiative Source link

James Thomason / VentureBeat: RunPod, which offers a globally distributed GPU cloud platform for developing and deploying AI, raised a $20M seed co-led by Intel Capital and Dell Technologies  —  RunPod’s platform attracts over 100,000 developers with focus on iteration speed and ease of use Source link

Telecom industry body COAI has cautioned the telecom department that delicensing spectrum in the 6 Ghz band will hamper roll out of 5G advance and 6G services in the country. In a letter dated August 10 to Department of Telecom Secratory Apurva Chandra, the Cellular Operators Association of India — whose members include Bharti Airtel,

Jaspreet Singh / Reuters: Bumble reports Q1 revenue up 10.2% YoY to $267.8M, vs. $265.5M est., total paying users of ~4M, up from 3.5M a year ago, and expects Q2 revenue below estimates  —  Bumble (BMBL.O) beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users … Source link

India has prioritised research and development in different tech sectors over the past few decades as successive governments have increased their focus on science and technology. The fields that have seen the fastest integration of technology are automation, big data, blockchain, distributed architecture, and Internet of Things (IoT), according to a recent report by Deloitte.

AJ Vicens / CyberScoop: Boeing confirms that LockBit attempted to extort a $200M ransom in October 2023; the company reportedly didn’t pay any ransom after ~43GB of its data was posted  —  That attempt was one of multiple “extremely large” ransom demands made by LockBit over the years, authorities said. Source link

Social media company X, formerly known as Twitter, delayed access to links to content on the Reuters and New York Times websites as well as rivals like Bluesky, Facebook, and Instagram, according to a Washington Post report on Tuesday. Clicking a link on X to one of the affected websites resulted in a delay of

Dallin Grimm / Tom’s Hardware: Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI  —  Stack Overflow is overflowing with salt.  —  Stack Overflow, a legendary internet forum for programmers and developers … Source link

iPhone maker Apple will start manufacturing its wireless earphones AirPods at Foxconn’s Hyderabad factory, according to sources. Foxconn has approved an investment of $400 million (roughly Rs. 3,325 crore) for the Hyderabad plant which is expected to begin mass production by December 2024. “Foxconn Hyderabad factory will make AirPods. The factory is expected to begin

Dade Hayes / Deadline: Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come  —  Disney and Warner Bros. Discovery are breaking ground in streaming with a bundled offering featuring Disney+, Hulu and Max in a single package.