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Virtual Reality Richard Lawler May 18 With mass layoffs plannned, Meta reassigns thousands of employees to AI initiatives. The New York Times and Reuters report that a memo was sent to Meta…
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Yet more layoffs reported at Ubisoft, this time in San Francisco
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Meta cuts about 700 jobs as it shifts spending to AI
…and it's going to be a lot more fun.” Reuters reported recently that Meta plans to lay off 20 percent of its workforce – some 15,000 employees – but the layoffs that…
Ubisoft reports loss of 1.3 billion Euros on costly game cancellations and delays
…The company is also about to conduct its third and final phase of its cost reduction program, which could entail more layoffs at key studios and divisions. The company wants to reduce…
AI costs begin to bite as agents may increase token demand by 24 times, says Goldman Sachs report — Uber and Microsoft among companies feeling the bite of tokenized billing
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‘Tell Him He’s a Piece of Shit’: Meta’s New AI Unit Is a Total Mess
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Xbox CEO Asha Sharma and executive vice president Matt Booty publish staff memo ‘Next 100 Days: Xbox Reset’
…core revenue has declined and is expected to end the fiscal year on June 30 with an approximately three percent margin, suggesting it may require significant restructuring. Bloomberg ‘s Jason Schreier also…
Ubisoft to release new Assassin's Creed, Far Cry, and Ghost Recon games by March 2029
…Records show that the company's headcount has been reduced by 1,200 people, coinciding with major layoffs and the recent reorganizations within the Creative Houses. Ubisoft also recently also cancelled multiple…
Musk v. Altman Kicks Off, DOJ Guts Voting Rights Unit, and Is the AI Job Apocalypse Overhyped?
…Speaking of AI, we'll also discuss whether Meta's recent layoffs are a turning point for AI taking over certain jobs. Leah Feiger: And we're going to touch on a…
Control 2 Faces Release Date And PS5 Paid Early Access Drama
…It’s hard to know what effect, if any, the frothing on X and YouTube will have on the game; Ghost of Yotei and, more recently, Marathon were similarly targeted but didn…