Microsoft Hands Halo to Activision in Xbox Overhaul
The notice reached staff at Halo Studios on Tuesday morning. Of the 268 roles Microsoft eliminated across its Xbox game studios, the majority were at the team responsible for Halo,…
Apple Crosses $5 Trillion as New Macs Reach Stores
The numbers landed on the same day. As Apple’s shares climbed high enough to push the company’s market value past $5 trillion for the first time, its newest computers, the…
Nvidia-Backed Iambic Files for a U.S. Listing
The drug candidate at the center of Iambic Therapeutics’ pitch to public investors is a small molecule called IAM1363, now in early-stage human trials against breast cancer and other solid…
SoftBank-Backed SB Energy Slows Its IPO
Bankers working on the listing of SB Energy spent much of last week trying to fill an order book that never quite filled. By Monday, the SoftBank-backed data center developer…
Société Générale Puts a Price on AI Cost Savings
At a capital markets day in Paris this week, executives at Société Générale did something no large European bank had managed before: they attached a specific euro figure to the…
Google Fined 403 Million Euros Over Location Data as It Expands Nuclear Bet
The fine landed on a Monday, and it was the fourth-largest the Irish regulator had ever issued. In Dublin, the Data Protection Commission announced it was fining Alphabet’s Google 403…
Oracle Clears Legal Obstacles at New Mexico Data Center Project
The New Mexico Supreme Court handed down its ruling on what looked like a routine procedural matter, but for the engineers overseeing Oracle’s largest data center bet it was the…
What a Fifteen-Year-Old Film Still Explains About Borrowed Money
A post circulating on the Chinese news platform Toutiao has returned an old movie to the conversation, and the movie, in turn, has returned an old subject: what happens to…
Freight Rates Hit 2021 Levels as Two Chokepoints Choke Trade
The numbers read like a page torn from the supply-chain crisis of four years ago. Ocean freight rates have jumped 201 percent, closing in on the 250 percent spike recorded…
Nvidia Reaches Into Freight With Einride Truck Deal
Nvidia has signed a strategic partnership with Einride, the Swedish autonomous trucking company, in a deal that will build Einride’s driverless freight platform on top of Nvidia’s computing and software…
