Tech Brew Ride Home Tue. 02/27 – Gaming Continues To Be A Bloodbath
Feb 27, 2024
The gaming industry faces another wave of layoffs with 900 Sony employees affected. Exciting tech news includes Meta's anticipated AR glasses unveiling and Microsoft's AI investments. A major ransomware attack disrupts U.S. pharmacies, raising cybersecurity concerns. Netflix shakes things up by cutting off Apple billing for some subscribers. Meanwhile, legal debates on social media regulations heat up at the Supreme Court, spotlighting free speech issues. Lastly, Lapse emerges as a trendy app, bringing back old-school photography vibes.
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Gaming Layoffs
- Sony is laying off 900 employees (8% of its workforce) at its PlayStation division, impacting major game studios.
- This continues the "bloodbath" in the gaming industry's employment, with Sony closing its London VR studio.
Microsoft's AI Investment Scrutinized
- Microsoft's 15 million euro investment in Mistral AI, a developer of open-source AI models, will be analyzed by EU regulators.
- This adds to the regulatory scrutiny Microsoft is already facing for its relationship with OpenAI.
Meta's AR Glasses Reveal
- Meta plans to reveal and demo its first true AR glasses, codenamed Orion, at its Connect Developer Conference this fall.
- Though not for public sale yet, internal pressure is on for a high-performance demo to generate industry excitement.