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Sony plans to acquire Kadokawa, the parent company of the developers of Elden Ring and Bloodborne

Sony is in negotiations to acquire the media holding company Kadokawa. This is reported by Reuters, citing its own sources. Kadokawa owns FromSoftware, the developer behind Elden Ring, the Dark Souls series, and the PlayStation exclusive Bloodborne....

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U.S. Justice Department demands Google sell Chrome browser - Bloomberg

At the beginning of the year, a court declared Google a monopoly in search, and since then, regulators have been contemplating how to combat the company's anti-competitive practices. According to Bloomberg, the U.S. Department of Justice has suggest...

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OLX introduces "more transparent and objective" seller evaluation system

The online classifieds platform OLX announced an important update to its seller rating system. This decision was made following an extensive analysis of the current evaluation system, which turned out to be insufficiently objective. “We are disconti...

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Former Google boss says remote workers 'won't get promotions' without returning to offices

Former Google CEO Eric Schmidt believes that promotions can only be achieved through office work, while remote employees are unlikely to have such opportunities. Schmidt, who led Google from 2001 to 2011, actively advocates for companies' return-to-...

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MediaTek, Qualcomm and Apple mobile processors in Q3 2024 - who shipped more chips and made better money on them

The research firm Canalys has released quarterly data on the global smartphone processor market share. MediaTek, Apple, and Qualcomm lead in various categories. In terms of the number of processors shipped, MediaTek has no close competit...

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Bethesda and ZeniMax employees are on strike over returning to the office

Employees of Bethesda and its parent company ZeniMax, which is now owned by Microsoft, have announced a strike. They are dissatisfied with the company's remote work policies. The strike has been declared nationwide. Workers in Maryland and Texas are...

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TSMC is being sued over racism and discrimination - bringing in Taiwanese and not taking Americans

Current and former TSMC employees, including a director, are suing over discrimination issues. The American facility is hiring Taiwanese citizens while rejecting Americans. The lawsuit was filed by Deborah Haughton, the talent acquisition director, ...

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AMD lays off 1,000 employees - video card division earned only $12 million for the quarter

Rumors of layoffs at AMD emerged following a mixed financial report for the third quarter. After its release, the company's stock dropped by 13.6%. AMD reported a revenue increase of 17% and a profit rise of 34%, but its average revenue forecast of $...

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Xbox chief reveals company's growth plans: portable consoles, mobile store and multiplatform

Phil Spencer, the head of Microsoft’s gaming division, discussed the company's ambitious plans for further expanding Xbox. The company is exploring potential acquisitions and is preparing to enter the portable gaming market. In an interview with Blo...

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"Final warning": the EU has accused Apple of illegally geo-blocking the App Store and Apple TV+

The European Commission has notified Apple of yet another potential breach of EU regulations—this time concerning the geo-blocking of services such as the App Store, Apple Music, Apple TV+, and others. The announcement from the European Commission f...

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SK hynix employee printed 4,000 pages of classified data to sell to Huawei

A former employee of SK hynix has been sentenced to 18 months in prison and fined $14,300 for stealing critical technologies just before her move to Huawei. The court found the woman guilty of violating South Korea's industrial technology protection...

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Tesla pays employees less than competitors, but offers stock grants and seeks 'fanatics' - Business Insider

The publication Business Insider has gained access to an internal Tesla salary database containing information on approximately 100,000 employees. Although the data is somewhat outdated (from December 2021), it allows for comparisons with...

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Intel brings free coffee back to offices for 'moral' support - after laying off 15,000 workers

Free coffee in Intel's offices has been reinstated as part of efforts to support employee morale, following its cancellation amid cost-cutting measures that included thousands of layoffs. “While Intel is still grappling with cost issues, we recogni...

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Apple is asking Foxconn and Lenovo to build AI servers for it on Silicon chips - but in Taiwan

Apple intends to utilize its Apple Silicon processors in its own artificial intelligence servers. The company has requested Foxconn and Lenovo to assemble them in Taiwan. The servers will be employed, among other things, to support the Apple Intelli...

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NVIDIA CEO Jensen Huang almost became CEO of TSMC

Jensen Huang from NVIDIA had the opportunity to lead TSMC but declined it. This incident was revealed in a biographical book about the founder of the Taiwanese chip manufacturer, Morris Chang. Currently, NVIDIA is the most valuable company in the wo...

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