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Microsoft is laying off another 650 workers in its gaming division - this is in addition to the 1,900 laid off in January

Microsoft is set to lay off nearly 650 employees from its gaming division, as announced by Xbox leader Phil Spencer in a letter to staff. According to Game File, Spencer referred to the day as "one of the most challenging." He explained that the dec...

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Ex-Samsung executives arrested for leaking $3.2 billion worth of secrets to China

The South Korean police have detained two former executives of Samsung on suspicion of illegally transferring commercial secrets worth $3.2 billion to China. One of those arrested, 66-year-old Mr. Choi, established a joint venture for chip manufactur...

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Blow to tech giants: EU court orders Apple to pay €13 billion in taxes and Google to pay €2.4 billion in fines

The European Court has upheld the legality of multibillion-euro fines against tech giants Apple and Google, reinforcing the EU's stance against monopolies. The Court of Justice of the European Union in Luxembourg ruled against Apple and Google regar...

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Portrait of a Ukrainian IT worker by DOU: a 30-year-old married Kyivan who donates $180 a month to the Ukrainian armed forces

The specialized resource DOU analyzed the lives and work of Ukrainian IT professionals in 2024, creating an average profile of a specialist. The median age of a Ukrainian IT worker is currently 30 years (up from only 26 in 2015). The youngest profes...

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OpenAI may raise ChatGPT subscription fees to $2000 for access to new AI models

OpenAI is contemplating a dramatic increase in the cost of its premium ChatGPT subscription following the upcoming releases of advanced models named Strawberry and Orion. According to anonymous sources from The Information, OpenAI is considering int...

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Nvidia lost $280 billion in a day, a record drop in U.S. stock market history

Nvidia shares, a leading computer chip manufacturer, experienced a historic drop on September 3rd. The company's market value decreased by $280 billion after the U.S. Department of Justice issued an antitrust subpoena. Nvidia's stock price fell by 9...

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Ubisoft shares fall: Star Wars Outlaws failed to live up to expectations

The shares of the French video game developer Ubisoft have continued to decline for the second consecutive day. Today, the company's stock price fell by 2.4% (following a 5.1% drop on Monday), reaching its lowest point since 2015. Since the beginnin...

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In 2024, China will invest $25 billion in semiconductors - more than the U.S., Taiwan and South Korea together

China has emerged as the largest purchaser of semiconductor manufacturing equipment. In the first half of 2024, Chinese companies invested $25 billion in semiconductor production. China's investments surpassed the combined expenditures of South Korea...

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Film, TV and gamemade are "not real jobs", says 60% of Brits

Nearly two-thirds of adults in the UK do not believe that careers in the gaming, film, television, animation, and visual effects industries constitute "real jobs." This is indicated by a recent study commissioned by Escape Studios, a London school s...

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Business boom in Ukraine: more than 193 thousand new FOPs in 8 months of 2024, 60% of them are opened by women

In the first eight months of 2024, Ukraine registered just over 193,000 new individual entrepreneurs (FOP). This information comes from the Opendatabot resource, which cites data from the Unified State Register (USR). It is noted that this year, 193...

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An I.T. guy told how Apple's HR people made him go through 13 interviews only to end up... rejecting him

An experienced product manager shared his negative interview experience with Apple. A candidate with 7 years of industry experience reported on Teamblind social network that he had to go through 13 separate interviews, each lasting an hour. Addition...

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Brazil banned X/Twitter and will fine $8900 per day for accessing via VPN - Apple and Google required to remove app

The Supreme Court of Brazil has banned the social network X/Twitter due to its moderation policies. The largest country in South America is home to 227 million people. The ban was prompted by the failure to appoint a new company representative in Br...

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"AnandTech's Last Day": the renowned PC component review site closes after 27 years in business

The well-known website AnandTech, which has been a go-to resource for those interested in desktop PC processors and components for the last 27 years, is shutting down. "Today is the last day of publication for AnandTech," writes Editor-in-Chief Ryan ...

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Pavel Durov has been released on bail but banned from leaving France - he faces up to 10 years in prison

The founder of Telegram is accused of being complicit in a number of crimes, including drug trafficking and the distribution of child pornography. Pavel Durov has currently been released under judicial supervision, with the requirement to post a bai...

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Microsoft programmers in the AI department earn $120,000 a year more than peers - Insider

According to a leak regarding salaries at Microsoft, programmers working in AI earn significantly more than their peers. Others express dissatisfaction and are "looking elsewhere." An Excel sheet obtained by Business Insider reveals that the average...

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