Following a recent decision by a US judge to reject the Federal Trade Commission’s request to block Microsoft’s acquisition of games publisher Activision Blizzard, Sony and Microsoft have announced a binding agreement to ensure the continuity of Call of Duty on the PlayStation gaming platform. This development brings an end to the prolonged battle between the two tech giants that ensued since Microsoft’s initial announcement of its intention to acquire Activision Blizzard in early 2022. Microsoft’s proposed $69 billion purchase of Activision would mark the largest acquisition in the history of the gaming industry.
Category:
Tech
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OpenAI, the artificial intelligence company backed by Microsoft, is facing an investigation by US regulators regarding the potential risks to consumers posed by its ChatGPT model generating false information. The Federal Trade Commission (FTC) sent a letter to OpenAI, requesting information on how the company addresses risks to individuals’ reputations. This inquiry highlights the increasing regulatory scrutiny surrounding AI technology.
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Former Twitter HR Head Alleges $500 Million Unpaid Severance; Elon Musk Accused in Lawsuit.
A class-action lawsuit has been filed against Twitter by Courtney McMillian, the former “head of total rewards” at the company’s human resources department, claiming that approximately $500 million in severance pay is owed to former employees. -
US Judge’s Rejection Boosts Microsoft’s Prospects to Acquire Activision Blizzard.
Microsoft’s bid to acquire major games publisher Activision Blizzard received a significant boost as a US judge dismissed regulators’ request to block the deal.
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Meta’s Threads to Introduce New Features, Including Alternative Home Feed.
Threads, the messaging app developed by Instagram (owned by Meta), is set to introduce a range of new features, according to Instagram boss Adam Mosseri. Among the upcoming updates is the addition of an alternative home feed, which will display posts in chronological order solely from the individuals a user follows, addressing user feedback regarding the current mix of recommended content and followed posts. The development of Threads was initially described as an “initial version,” indicating further enhancements to come.
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Byju’s, once hailed as one of the world’s most valued edtech start-ups and a favorite among investors during the Covid-19 pandemic, is now facing a significant downturn in its fortunes due to operational and financial challenges in recent months. This setback is seen by experts as a necessary correction in the booming Indian start-up landscape.
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Twitter Issues Stern Warning of Legal Consequences Against Threads App.Twitter is contemplating taking legal action against Meta due to its rapidly growing competitor app, Threads. Threads, which was recently introduced to millions of users, has been positioned by Meta as a “friendly” alternative to Twitter.
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Instagram’s Threads App Aims to Surpass Twitter, says Meta Chief Mark Zuckerberg
Industry experts predict that Threads, Instagram’s latest app, could attract dissatisfied Twitter users who are unhappy with recent platform changes.
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Meta, the company that owns Facebook, is set to launch a new app called Threads to directly compete with Twitter. The app, which can be pre-ordered on the Apple App Store, will be integrated with Instagram. Screenshots of Threads reveal a dashboard similar to Twitter, and Meta describes it as a “text-based conversation app.”