Embracer Group has plans to sell Saber Interactive, one of its largest subsidiaries, to a group of private investors in a deal worth up to $500 million. This transaction would make Saber privately-owned and independent with around 3,500 employees. Currently, Saber is working on a […]
Month: March 2024
X enables live video broadcasts in Spacesye
X’s audio chat rooms called Spaces can now broadcast live video, but only for those hosting the session. As The Verge reports, a Dogecoin designer posted an official walkthrough of the feature on the platform formerly known as Twitter. Hosts will now be able to […]
Crypto firm Gemini to pay over $1 billion back to customers in settlement
Illustration by Alex Castro / The Verge The cryptocurrency exchange Gemini has promised to return $1.1 billion to customers as part of a settlement it reached with New York’s Department of Financial Services (NYDFS). Gemini will also have to pay $37 million to the NYDFS […]
Fisker is laying off 15% of staff and says it needs more cash ahead of a “difficult year”
Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a way to raise that money as […]
Mistral AI makes waves with deals across tech giants including Microsoft, IBM
Paris-based startup Mistral AI has rapidly emerged as an AI leader, securing major partnerships with Microsoft, IBM and others just months after being founded. Learn how this fledgling French company is making waves in natural language processing and conversational AI.