AI chatbots can spit out convincing — if at times overconfident — natural language responses, but what if an AI could build custom virtual worlds based on a text description alone? Roblox is exploring that possibility with its kit of developer tools, which are designed to make it possible for just about anyone to build…
The FTC is embracing change with the establishment of an Office of Technology (OT) that will help it effectively regulate the fast-moving tech world. Citing “systemic concerns” relating to tech and its potential for fraud and abuse, the FTC’s new division will ensure the agency doesn’t get left in the dust by tech-savvy scammers. Because…
The U.S. Federal Bureau of Investigation has confirmed that it’s investigating malicious cyber activity on its own network. CNN reported on Friday that hackers compromised an FBI computer system at the agency’s New York field office, citing people briefed with the matter. The brief report added that the incident involved a computer system used in investigations…
Disney+ Hotstar is suffering an outage for some users in India in the middle of a popular cricket match, drawing flak from customers at a time when the Disney crown jewel is already facing several setbacks in the South Asian market. It’s unclear what prompted the glitch, which Hotstar acknowledged as “unforeseen technical issues” across…
‘The buzz and momentum for these companies is unlike anything I’ve seen before’ Mary Ann Azevedo 10 hours With so many fintechs laying off staff, it can be easy to assume that the entire industry is in distress. But that’s not the case. In fact, some companies are finding opportunity in the masses of layoffs.…
Apple TV+ released the first trailer for its–shall we say, block-busting–movie “Tetris,” based on the origin story of the popular puzzle video game. The movie will first premiere at South by Southwest (SXSW) film festival in March. Apple will then release it worldwide on the streaming service on March 31. Starring “Black Bird” actor Taron Egerton,…
Last year’s tech-wide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. The…
As many observers question what real value blockchain can bring to video games, a conglomerate is vouching for the space. SoftBank Corp, the telecom operator arm of SoftBank Group, has joined Oasys, a blockchain designed for video games, as a validator. A validator is a node or computer that helps to verify transactions being added…
Binance, the world’s largest crypto exchange, expects to pay monetary penalties to settle probes into its business in the U.S., a top executive said, in a major about-face after publicly disputing the idea that it was under any investigation and mocking media outlets that reported otherwise. In an apparent admission of breaking laws, Binance chief…
Prove to investors why this is the right time and you’re the right company When talking to investors, you’re answering the what (product), why (mission), where (if relevant) and how (strategy and go-to-market). But founders often ignore another important question: Why now? Why wouldn’t it have been possible to have built the company five years…
