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Tencent and the founders of Ubisoft, the Guillemot family, are considering buying out the French game developer after it has lost over half of its market value. According to insiders, the Chinese tech company and the Guillemot Brothers have been in ...
Read MoreYuri Haidai, a senior economist at the Center for Economic Strategy, reported that Ukrainian IT specialists may face restrictions on the use of a simplified taxation system. This idea emerged during a working group discussion concerning a tax bill. T...
Read MoreCloud Imperium Games, the developer behind Star Citizen, has mandated that employees work through the weekends in preparation for the Citizencon event on October 19. In an internal email sent to staff on October 1, the company stated that it needs t...
Read MoreOpenAI has just concluded a historic funding round, raising $6.6 billion at a valuation of $157 billion. The funding was led by Thrive Capital, which contributed $1 billion and entered into a special agreement that allows it to invest another billion...
Read MoreThe Chairman of the Verkhovna Rada Committee on Finance, Taxation, and Customs Policy, Daniil Getmantsev (from the "Servant of the People" party), announced that a separate bill regarding the taxation of international packages valued at up to 150 eur...
Read MoreThe developer of Fortnite, Epic Games, has filed a lawsuit against Google and Samsung. The company claims that the Auto Blocker feature on Samsung devices hinders the installation of alternative app stores. Samsung introduced the Auto Blocker in Oct...
Read MoreIn 2022, Elon Musk acquired Twitter for a staggering $44 billion, initiating a saga to transform the platform into a new service advocating for "free speech" called X. However, not all efforts to reboot Twitter have been successful: some new feature...
Read MoreTesla's production facility in Germany is facing an unusual issue — sick leave. Employees are taking advantage of the social system, while unions claim that the workplace conditions are extremely tough. André Tirig, the production director at Tesla'...
Read MoreThe Irish Data Protection Commission (DPC) has fined Meta $101.5 million. The penalty was imposed due to violations of user password storage regulations. The issue was discovered in January 2019 when it became clear that some user passwords were sto...
Read MoreThree years ago, a software engineer proposed an AI chatbot project to Google, but it was rejected, leading him to leave the company and start his own venture. Noam Shazeer joined Google back in 2000 as one of its first hundred employees, but he depa...
Read MoreSouth Korean regulators have confirmed that Samsung violated nuclear safety regulations and exposed workers at a semiconductor manufacturing plant to radiation. The Nuclear Safety Commission imposed an administrative fine of 10.5 million won ($7,900...
Read MoreDigital stores will be prohibited from using terms like "buy" or "purchase" unless they disclose licensing terms. California Governor Gavin Newsom has signed law AB 2426 aimed at combating the "disappearance" of digital purchases. This new regulatio...
Read MoreAccording to YouControl (via Highload), the Ukrainian IT sector is experiencing a decline in the registration of new sole proprietors — for instance, the total dropped to 9.1 thousand during the summer (a decrease of 21% compared to last year and 48%...
Read MoreThe disastrous launch of Concord continues to generate intriguing stories. With the game's closure, Sony PlayStation has incurred significant losses. Before its shutdown, the shooter managed to sell 30,000 copies and was reportedly valued at $200 mi...
Read MoreAccording to sources, Microsoft is investing $1 billion to ensure that third-party games are included in Xbox Game Pass. Among the many renowned brands with multimillion-dollar contracts are several well-known names. As reported by Bloomberg in an e...
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