Sony has recorded a $204 million impairment loss related to Bungie’s assets as Destiny 2 fails to meet performance targets. The popular shooter is experiencing some of its lowest engagement levels in years, with player counts dropping below previous lows. Bungie is banking on the Renegades expansion
Blockchain developers are actively working on quantum-resistant solutions as quantum computers threaten current cryptographic systems. Several projects including QRL, Algorand, and QANplatform are implementing post-quantum signatures. The transition involves lattice-based cryptography, hash-based si
Salesforce is expanding its environmental strategy with a major water conservation initiative. The plan targets data center efficiency, clean power, and watershed restoration in Brazil and Mexico ahead of COP30.
Senators John Boozman and Cory Booker introduced legislation to give the CFTC authority over digital commodities. The bill aims to establish clear market rules while protecting consumers through fund segregation and disclosure requirements. This follows House passage of the CLARITY Act in July, putt
Intel’s chief technology officer Sachin Katti has left the company to join OpenAI, where he’ll work on building compute infrastructure for AGI. The departure comes just months after his January 2024 promotion, forcing CEO Lip-Bu Tan to personally oversee Intel’s AI groups.
Saudi Aramco is shifting focus to natural gas to meet surging electricity demand from AI data centers and industrial growth. The Jafurah field, starting production soon, could surpass ExxonMobil’s current output by 2030. The company has invested $100 billion in gas projects since 2019.
Citi has expanded its Citi Token Services platform to support real-time euro transactions and established a new operational hub in Dublin. The private blockchain platform enables 24/7 cross-border payments, eliminating traditional banking cutoff times. This marks a significant step in bringing block
A longtime 2-in-1 laptop enthusiast explains why these hybrid devices will always fall short of perfection. The fundamental design compromises and operating system limitations create an experience that’s never quite right for either laptop or tablet use.
In his last annual letter as Berkshire Hathaway CEO, Warren Buffett took aim at skyrocketing executive pay packages. He specifically called out the “envy and greed” driving compensation to record levels, just as Tesla approved Elon Musk’s $1 trillion package.
AI data centers require power loads of 50-100kW per rack compared to just 5-10kW a decade ago. This shift is creating entirely new deal structures and partnerships between tech giants, developers, and investors. The legal landscape has become a high-wire act requiring sophisticated risk management.
