Tech Meme

Cecilia D’Anastasio / Bloomberg: Ubisoft lowers its FY 2024-25 bookings forecast to €1.95B, vs. €2.42B est., and delays Assassin’s Creed Shadows to February 14, 2025; UBI closes down 4.52%  —  Ubisoft Entertainment SA updated its financial targets as it delayed the hotly-anticipated Assassin’s Creed Shadows video … Lees verder op Tech Meme

Thomas Claburn / The Register: Sources: IBM’s AI isn’t up to the job to meet CEO Arvind Krishna’s commitment to replace ~7,800 staff and some of the people who could fix that have been let go  —  So say our sources, who warn job cuts, outsourcing risk depriving biz of seasoned technical talent Lees verder op Tech Meme

Karoun Demirjian / New York Times: A US Senate security office email says a “deepfake” caller posed as the former foreign minister of Ukraine in a recent Zoom call with Sen. Benjamin L. Cardin  —  A figure impersonating Dmytro Kuleba, the former foreign minister of Ukraine, targeted Senator Benjamin L. Cardin … Lees verder op Tech Meme

Tabby Kinder / Financial Times: A look at Chinese PE firm CSC Group, which has stakes in 360 US tech startups via Hone Capital that is reportedly under an FBI probe over IP transfers to China  —  Shan Xiangshuang’s $10bn buyout group quietly became a top US tech investor.  That has triggered official concern Lees verder op Tech Meme

Bloomberg: In a filing, Oracle reveals a 29% stake in server CPU design startup Ampere with an option to own; Ampere’s CEO Renee James is stepping down from Oracle’s board  —  – Ampere’s CEO also is stepping down from Oracle’s board  — Oracle says it owns 29% of the server processor maker Lees verder op Tech Meme

Thomas Claburn / The Register: Matt Mullenweg says WP Engine no longer has free WordPress.org access and WP Engine customers having trouble with their sites should contact WP Engine support  —  WordPress on Wednesday escalated its conflict with WP Engine, a hosting provider, by blocking the latter’s servers … Lees verder op Tech Meme

Anniek Bao / CNBC: SK Hynix starts mass producing its new 12-layer HBM3E chips with 36GB per chip capacity, up 50% from its previous gen, slated for delivery by the end of 2024  —  SK Hynix shares surged more than 9% Thursday morning after the company said it has started mass production of a new version … Lees verder op Tech Meme

Surbhi Misra / Reuters: Blackstone confirms a £10B investment for an AI data center in northeast England; UK PM Keir Starmer says the construction will create 4,000 jobs in 2025  —  U.S. private equity firm Blackstone (BX.N) has confirmed a 10 billion pound ($13.3 billion) investment for an artificial intelligence data centre … Lees verder op Tech Meme

Cecilia D’Anastasio / Bloomberg: Ubisoft lowers its FY 2024-25 bookings forecast to €1.95B, vs. €2.42B est., and delays Assassin’s Creed Shadows to February 14, 2025; UBI closes down 4.52%  —  Ubisoft Entertainment SA updated its financial targets as it delayed the hotly-anticipated Assassin’s Creed Shadows video … Lees verder op Tech Meme

Cecilia D’Anastasio / Bloomberg: Ubisoft lowers its FY 2024-25 bookings forecast to €1.95B, vs. €2.42B est., and delays Assassin’s Creed Shadows to February 14, 2025; UBI closes down 4.52%  —  Ubisoft Entertainment SA updated its financial targets as it delayed the hotly-anticipated Assassin’s Creed Shadows video … Lees verder op Tech Meme