Key Takeaways: The gaming industry was shaken this week after Microsoft’s widespread layoffs affected several high-profile studios, including Halo developer 343 Industries and Romero Games. The cost-cutting measures reportedly impacted over 9,100 employees, marking the company’s largest workforce reduction since 2023. Romero Games Project Canceled After Publisher Pulls Funding Romero Games, the Irish-based studio founded…
Key Takeaways Krafton Appoints Industry Veteran Amid Studio RestructuringKrafton has announced that Steve Papoutsis has taken over as CEO of Unknown Worlds, the studio behind the critically acclaimed Subnautica series. This leadership change marks a significant shift for the Krafton-owned developer, as it comes alongside the departure of three of the studio’s most influential executives:…
Key Takeaways: Nearly 9,000 Jobs Eliminated Across Microsoft Despite posting strong quarterly earnings and a booming stock price, Microsoft is cutting thousands of jobs, including key roles in its Xbox division. The company confirmed to Variety that it is laying off under 4% of its global workforce—roughly 9,000 people out of its 228,000 employees. The…
Key Takeaways: Nika Labs, EUFT, and Dragon Slither also played major roles in driving adoption. Sei recorded 1.6M+ daily transactions, a new all-time high. The SEI token surged 50%, surpassing $0.30. World of Dypians led gaming activity with nearly 900K transactions. Sei Hits 1.6 Million Daily Transactions The Sei Network has reached a significant milestone,…
Key Takeaways: Trump Suggests TikTok Sale May Finally Happen Former President Donald Trump has stirred fresh speculation about TikTok’s future in the United States, revealing that a “group of very wealthy people” is preparing to buy the video-sharing platform. Speaking in a Fox News interview, Trump said the group will be revealed in roughly two…
Key Takeaways: Rumors are heating up about Nvidia’s upcoming RTX 5070 Super and RTX 5070 Ti Super graphics cards—months ahead of their expected launch. While both models are still relatively new in their standard form, reliable leaker Kopite7kimi has unveiled key details about the “Super” variants. If accurate, the most significant upgrades will be in…
Key Takeaways: Veteran investor Navin Chaddha, managing director of Mayfield, is placing a bold wager on the future of AI in reimagining industries like law, consulting, and accounting. At TechCrunch’s StrictlyVC event in Menlo Park, Chaddha outlined how AI “teammates”—not tools—could usher in software-level margins in sectors traditionally defined by human capital. AI as a…
Key Takeaways Google Begins Hiring iOS Engineers in India Nearly two years after launching YouTube Create on Android, Google is preparing to bring its mobile video editing app to iOS. According to job listings reviewed by TechCrunch, the tech giant is actively hiring software engineers in Bengaluru to spearhead the iOS development. Originally launched in…
Key Takeaways: Meta is doubling down on AI hiring with eye-popping compensation packages—but not quite to the tune of a $100 million “sign-on bonus,” despite industry rumors. The tech giant has clarified that while it’s spending big to recruit top talent, especially from competitors like OpenAI, reports of massive upfront bonuses have been exaggerated. Bosworth…
Key Takeaways: TikTok is quietly testing a new feature called “bulletin boards”, which allows creators and brands to send one-to-many messages directly to their followers. First reported by TechCrunch and spotted by Threads user Christina Garnett, this feature mirrors Instagram’s broadcast channels, offering a direct communication channel with limited interaction from followers. One-Way Messaging for…