FTC accuses Microsoft of misrepresenting its Activision Blizzard plans after layoffs Microsoft argues the firings were going to happen, with or without the acquisition. Jessica Conditt Updated Thu, Feb 8, 2024 AP Photo/Jae C. Hong One week after Microsoft laid off nearly 2,000 employees in its gaming division, the Federal Trade Commission is accusing … Continue reading FTC accuses Microsoft of misrepresenting its Activision Blizzard plans after layoffs
By Reuters January 18, 2024 (Reuters) — Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. It would be the first IPO of a … Continue reading Reddit plans for IPO in March
By Nicole Gull McElroy Bracken Darrell likes starting over. “This idea that you restart every day—that’s how I feel about everything,” he says. “You have a chance to reinvent things.” It’s a mantra he’s intimately familiar with. Six months ago, Darrell became the new president and CEO of VF Corp., which owns brands including … Continue reading Bracken Darrell reimagined some of the world’s biggest brands. Now he has plans to do it again
Square Enix plans ‘aggressive’ use of AI to create new forms of content ‘I believe that generative AI has the potential… to reshape what we create.’ Steve Dent Tue, Jan 2, 2024 Square Enix Generative AI provoked a lot of discussion last year around images, text and video, but it may soon affect the … Continue reading Square Enix plans ‘aggressive’ use of AI to create new forms of content
Stability AI launches new subscription plans Deanna Ritchie / Last Updated: Dec 21, 2023 Stability AI, the firm responsible for the widely-used text-to-image model Stable Diffusion, has introduced a new subscription plan targeting commercial users of their models. The launch of this service aims to strike a balance between upholding transparency and generating income … Continue reading Stability AI launches new subscription plans
By Jessica Bursztynsky November 06, 2023 Bumble CEO Whitney Wolfe Herd is stepping down from her role at the dating app she founded nearly a decade ago, the company announced on Monday. Lidiane Jones, who is currently CEO of the workplace-messaging platform Slack, will succeed Wolfe Herd starting January 2. Wolfe Herd, meanwhile, will … Continue reading How Bumble’s incoming CEO Lidiane Jones plans to use AI to take matching to the next level
TikTok users have big plans for after the holidays. Here’s what the video platform found out about its audience’s interest in post-holiday promotions. Chris Wood on October 31, 2023 Shoppers intend to keep the holidays going after the season, at least those on TikTok. A full 79% of TikTok users say they’re likely to continue … Continue reading TikTok users have post-holiday shopping plans
How GDPR is affecting the games you love The gaming industry had to comply with the EU’s privacy rules, too. David Lumb Getty Images How GDPR is affecting the games you love The tech world has been bracing for a new set of European privacy rules that How GDPR is affecting … Continue reading Facebook and Instagram may offer paid, ad-free plans in Europe to sate EU privacy concerns
The FTC plans to slap companies with hefty fines for using fake reviews Kris Holt @krisholt The Federal Trade Commission (FTC) has proposed a formal ban on fake reviews and testimonials. Companies would also be prohibited from using phony followers and views to inflate their social media metrics if the rule takes effect … Continue reading The FTC plans to slap companies with hefty fines for using fake reviews
By Michael Grothaus May 31, 2023 Layoffs have unfortunately been all too common in 2023. Tech layoffs by far have dominated headlines, with the tech industry cutting over 200,000 jobs since the start of the year, according to data compiled by Layoffs.fyi. Media layoffs have also garnered a lot of attention. But another industry … Continue reading Wall Street mass layoffs continue as Goldman Sachs plans new round of job cuts: reports
