Video Game VC Funding Slumps as Publishers Battle Covid Hangover
Venture capital funding for video games slumped to a three-year low last quarter, reflecting investors’ growing distaste for risk and rising costs to develop new hits.
Bloomberg Tech
Stocks, Bonds Struggle as Rate Uncertainty Lingers: Markets Wrap
Global markets steadied on Thursday, with US equity futures and bonds trading slightly weaker as investors looked ahead to data on the labor market.
Amazon to Launch Long-Delayed Satellites in Race With SpaceX
Amazon.com Inc. is poised to launch its first two test satellites for Project Kuiper on Friday, as Jeff Bezos’ tech giant races to build out a massive internet-from-space constellation to compete with SpaceX’s Starlink.
UK Investigates Cloud After Ofcom Eyes Amazon, Microsoft
Amazon.com Inc. and Microsoft Corp.’s cloud services face an investigation by the UK’s antitrust watchdog over concerns the US firms may be abusing their market power.
Citi Quants Say Tech Stocks Are a Safe Spot as Recession Looms
Growth stocks are the place to be for the long term, despite higher-for-longer interest rates, because they are more resilient in the face of recession, according to Citigroup Inc. quantitative strategists.
People Are Disinformation’s Biggest Problem, Not AI, Experts Say
The public’s distrust of institutions and lack of literacy in spotting fake images, videos and audio complicates efforts to combat AI disinformation
AI Is Changing The Way Market Players Make Decisions: Big Take Podcast
Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify, Terminal.
Caroline Ellison Is One of the Only People Who Knows ‘Truth’ Behind SBF’s Fall
Caroline Ellison sank to the trading-room floor and, exhausted and tearful, tried to explain.
Microsoft’s Troubled Combat Goggles Get Redesign That Wins Over Army — for Now
Microsoft Corp. has “fundamentally altered” its combat goggles, changing them from a bulky helmet to a streamlined flip-up visor to improve the prospect that soldiers will embrace the $22 billion project, according to the Army’s chief weapons buyer.
Hong Kong Tightens Scrutiny of Crypto Exchanges After JPEX Blowup
Hong Kong’s securities regulator and police force set up a task force to assist with the detection of suspicious activity at crypto exchanges, intensifying oversight of the industry after the blowup at the JPEX platform.