Topic: corporate strategy
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CD Projekt Co-Founder Acquires GOG From Steam
CD Projekt has sold its GOG storefront for approximately $25 million to co-founder Michał Kiciński, allowing the studio to focus entirely on its game development pipeline. GOG, known for its DRM-free philosophy and curated catalog, will maintain its core features, including customer libraries and...
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Zuckerberg's $70 Billion Bet 'Not Working'
Meta plans to cut its Metaverse budget by up to 30% for 2026, signaling a strategic shift away from its heavy virtual reality focus. The company is reallocating resources toward artificial intelligence, viewing AI as a more immediate area for growth and innovation. This reflects a sober reassessm...
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Meta May Slash Metaverse Budget by a Third in 2024
Meta is reportedly planning significant budget cuts, potentially up to 30%, for its metaverse division, which includes Quest VR headsets and Horizon Worlds, signaling a strategic pivot away from this core vision. The company is shifting its focus toward artificial intelligence and AI superintelli...
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Nvidia Expands Open Source AI with Acquisition and New Models
Nvidia acquired SchedMD, the developer of the open-source Slurm workload manager, to accelerate its development and integration for scaling AI and high-performance computing clusters. The company launched the open Nemotron 3 AI model family, designed for building efficient AI agents, with variant...
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MediaKind and Harmonic Merge to Form Streaming Powerhouse
MediaKind is acquiring Harmonic's Video Business for approximately $145 million, creating a dominant independent platform for SaaS streaming, appliances, and cloud video. The combined company is projected to generate over $100 million in annual recurring revenue and aims to accelerate innovation ...
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Bending Spoons: The Company That Acquired Eventbrite
Bending Spoons, a Milan-based tech conglomerate, has acquired Eventbrite for $500 million, adding it to a portfolio of well-known digital brands like Evernote and WeTransfer. The company's strategy involves acquiring stagnant digital products and actively overhauling them through controversial ch...
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Affinda Acquires Pathfindr to Boost AI Transformation
Affinda Group has acquired Pathfindr in a $15 million all-scrip deal, combining two Australian AI specialists to enhance their service offerings for corporate digital transformation. The acquisition integrates Pathfindr's expertise in AI training and implementation with Affinda's focus on automat...
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AMD CEO Lisa Su: AI Bubble Fears Are Overblown
AMD CEO Lisa Su dismisses AI bubble concerns, asserting that the demand for computing power and advanced semiconductors is a genuine, long-term structural shift. AMD faces significant challenges, including scaling global data center infrastructure and navigating geopolitical trade restrictions, s...
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Tekpon Acquires The Next Web Brand from Financial Times
Tekpon has acquired The Next Web (TNW) brand and its media/events operations from the Financial Times, marking its largest expansion into this sector to strengthen its influence in SaaS and AI. The Financial Times will retain ownership of TNW Spaces in Amsterdam, while TNW's brand identity, edito...
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IBM Acquires Confluent for $11B to Boost Data Capabilities
IBM is acquiring data infrastructure firm Confluent for $11 billion to strengthen its position in the competitive cloud and AI markets. Confluent's real-time data stream management technology is highly valuable for AI applications and will enhance IBM's data and AI product portfolio. This acquisi...
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Nvidia, Deutsche Telekom Form €1B AI Data Center Partnership in Munich
Nvidia and Deutsche Telekom are investing €1 billion to build an AI factory in Munich, which will increase Germany's AI computing power by 50% and enhance its technological infrastructure. The facility will use over 10,000 Blackwell GPUs and operate in compliance with Germany's data sovereignty l...
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David Zaslav: HBO Max Is 'Way Underpriced'
Warner Bros. Discovery CEO David Zaslav believes HBO Max is significantly undervalued and plans to increase subscription prices, citing its premium content as justification. Zaslav stated that HBO Max is "way underpriced" compared to the value it delivers, despite its current pricing aligning wit...
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Tesla's New Master Plan: Big Vision, Few Details
Elon Musk unveiled Tesla's fourth master plan, which replaces previous targets and presents broad ambitions without concrete details or timelines. The plan emphasizes sustainability and aims to combine manufacturing with autonomous technology to accelerate global prosperity, but lacks measurable ...
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Microsoft Builds In-House AI Models to Break Free from OpenAI
Microsoft has developed two proprietary AI models, MAI-Voice-1 and MAI-1-preview, to diversify its technology and reduce reliance on external partners like OpenAI. MAI-Voice-1 is a speech-generation system for expressive audio, while MAI-1-preview is a large language model optimized for Copilot a...
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FTC Sues Zillow Over $100 Million Redfin Deal
The FTC is suing Zillow and Redfin, alleging their partnership illegally reduced competition in the online rental market by eliminating Redfin as a rival, which could raise costs and limit choices. The agreement involved Zillow paying Redfin $100 million to syndicate rental ads, consolidating lis...
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US Bitcoin Miners Shift Focus to AI
A major bitcoin mining facility in Texas, owned by Riot Platforms, is being repurposed to support artificial intelligence and high-performance computing, reflecting a strategic industry shift. At least eight other public bitcoin mining companies are pivoting toward AI to meet the surging demand f...
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Netflix, Amazon, Apple Eye Warner Bros. Acquisition
Warner Bros. Discovery is undergoing a strategic review for potential acquisition, with major tech firms like Netflix, Amazon, and Apple showing interest in buying the company or its key assets. The company is sharing confidential financial details with interested parties, including media giants ...
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Apple's New Leadership Rises as Key Talent Departs
Apple is undergoing a significant leadership transition, with several long-tenured executives retiring and others being recruited by rivals, creating space for a new generation. John Ternus is the clear frontrunner to succeed Tim Cook as CEO, with his recent public visibility seen as a deliberate...
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Crypto Sell-Off Intensifies as Market Plummets
Companies that stockpiled cryptocurrencies are now selling their holdings to stabilize falling share prices, reversing the "digital asset treasury" model and erasing $1 trillion from the crypto market's value. The downturn has wiped approximately $77 billion from the stock market value of these f...
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From Nothing to Hoto and Fanttik: The Origin Story
Hoto was founded by Lidan Liu to reimagine home tools with a focus on aesthetics and user experience, starting under Xiaomi's incubator program before launching its own brand and achieving significant sales growth. Fanttik emerged from Aukey's restructuring after an Amazon ban, rebranding to focu...
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Next Xbox to be a "very premium" high-end console, says Sarah Bond
Xbox President Sarah Bond hinted at a next-generation console being a "very premium, very high-end curated experience," suggesting a shift away from budget-friendly options like the Xbox Series S. This strategic pivot towards premium hardware comes amid player concerns over rising Game Pass price...
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Inside the Engine Room of the Internet: How Data Centers Work
Hyperscale technology companies like Meta and Google are driving explosive growth in data center infrastructure as a core competitive strategy, using their immense financial resources to build at a rapid pace and scale. The expansion of data centers faces a complex political landscape, with feder...
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Microsoft Invests Heavily in Training Its Own AI Models
Microsoft is investing heavily in developing its own advanced AI models to build internal capabilities while maintaining external partnerships. The company aims to expand its computational infrastructure significantly to compete with leading AI firms, starting with a modest cluster and planning m...
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Bybit Wins First UAE Crypto License from Regulator
Bybit has become the first cryptocurrency exchange to receive a full Virtual Asset Platform Operator License from the UAE Securities and Commodities Authority, enabling it to offer compliant services in the UAE market. This license reflects Bybit's commitment to high standards of security, compli...
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GPU Prices Set to Skyrocket in 2026, AMD and Nvidia Warn
AMD and Nvidia are planning significant, sustained price increases for graphics cards, starting in early 2025, driven primarily by soaring memory costs and high demand from AI data centers. The insatiable hardware demand from AI companies, like OpenAI, is creating a supply squeeze, allowing manuf...
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6 AI Predictions That Will Terrify You by 2026
Global security faces a new threat as adversarial states could exploit grassroots opposition to data centers with AI-generated disinformation, aiming to slow Western infrastructure critical for AI dominance. AI is rapidly bridging the digital and physical worlds, with advanced robots set to perfo...
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AI's Big Payoff for Businesses Arrives in 2026, Experts Reveal
2026 is projected to be a turning point where strategic, disciplined implementation of existing AI capabilities will unlock substantial business value, closing the persistent ROI gap seen in recent years. A key driver will be the operationalization of AI agents and agentic commerce, moving from p...
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Disney's New Strategy: Immersive Entertainment Explained
Disney and OpenAI have formed a $1 billion partnership, allowing users to generate video clips with Disney characters using OpenAI's Sora tool, with select content featured on Disney Plus. The deal serves dual corporate interests: it provides OpenAI with major capital and gives Disney access to a...
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Apple Taps Google & Microsoft Veteran to Lead AI Strategy
Apple has appointed Amar Subramanya, a veteran of Google and Microsoft, as its new vice president of AI, succeeding John Giannandrea who will retire in 2026. Subramanya will oversee core AI technology, including Apple Foundation Models and AI safety, reporting directly to software chief Craig Fed...
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Tech Giants Invest Billions in AI Startup Anthropic
Microsoft and Nvidia are investing billions in AI startup Anthropic, with a $30 billion commitment from Anthropic to use Microsoft's cloud infrastructure and additional funding from both companies. This partnership connects major OpenAI backers with a key competitor, as Microsoft integrates Anthr...
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Microsoft's Xbox Price Hikes, Studio Closures Driven by Profit Goals
Microsoft's Xbox division is implementing price increases, studio shutdowns, and layoffs to meet a new corporate mandate for a 30% profit margin, set by CFO Amy Hood in late 2023. This target is significantly higher than the industry's typical 17-22% margin and more than double Xbox's 12% margin ...
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Intel Debuts 18A-Powered Processor for Next-Gen Computing
Intel has launched its Panther Lake processor, the first product using the advanced Intel 18A process, aiming to reclaim market leadership with this major hardware upgrade. Production is underway at Intel's Fab 52 facility in Arizona, with shipments expected later this year, and the company also ...
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Bending Spoons Consolidates Content Creation Again
Bending Spoons, an Italian tech firm, has acquired a diverse portfolio of popular digital platforms, including WeTransfer, Vimeo, and Evernote, raising concerns about the future stability and direction of these tools for creative professionals. The company's acquisition strategy has led to signif...
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The Hidden Cost of Media Mergers: Why Size Can't Replace Innovation
The article argues that media giants' historical focus on large-scale mergers has stifled innovation, leaving them vulnerable to disruptive competitors like Netflix. Past mergers, such as AOL Time Warner, often failed to deliver promised value, creating bloated companies that were slow to adapt t...
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Meta Urges Metaverse Teams to Use AI for 5X Speed Boost
Meta is directing its metaverse teams to use AI to achieve a fivefold productivity increase, embedding it into all roles and processes to speed up innovation and shorten feedback cycles. The initiative, called AI for Productivity (AI4P), aims to assist engineers, designers, and managers in protot...
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Can You Tell GPT-5 from GPT-4o? Take This Blind Test to Find Out
A blind testing tool reveals that user preference between GPT-5 and GPT-4o is split, with some favoring GPT-5's technical improvements while others prefer GPT-4o's warmer personality. Despite GPT-5's higher accuracy and reduced errors, users criticized its less engaging tone, leading OpenAI to pl...
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ŌURA Secures $900M to Fuel Global Growth and Health Innovation
ŌURA secured a $900 million investment, led by Fidelity and others, valuing the company at around $11 billion and fueling global expansion and health innovation. The funding will accelerate AI and product development, support new health capabilities, and build on strong sales of over 5.5 million ...
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Nadella: It's Time to Move Beyond AI "Slop"
Microsoft CEO Satya Nadella reframes AI as a "bicycle for the mind" - a supportive tool that augments human capability - rather than dismissing its outp - ut as low-quality "slop." While some warn of significant job displacement, current research and 2026 forecasts suggest AI is automating specific task...
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Leading Professional Services Firms Tackling Tomorrow's Challenges
The UK's professional services sector contributes £277 billion annually to the economy, employs over 14% of the workforce, and is the world's second largest exporter in this field. These firms provide essential support through insights, governance, and innovation, enabling sound investments, effe...
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Take-Two CEO's Surprising AI Hesitation: The Real Reason
Take-Two Interactive CEO Strauss Zelnick advocates caution in adopting AI, prioritizing intellectual property protection over rapid innovation to avoid legal risks. Zelnick highlights that AI-generated content often lacks copyright protection, posing significant business threats to valuable franc...
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Xbox Boss Confirms Next-Gen Console Will Have First-Party Games at Launch
Microsoft's next Xbox will launch with a strong lineup of exclusive first-party games to strengthen its value proposition and competitive stance in the gaming market. Despite speculation about a shift to software-only models, the market for dedicated gaming hardware remains strong, supported by a...
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Rate Your Favorite Shows and Movies on HBO Max
HBO Max has introduced an interactive rating feature with options "Love," "Like," or "Not For Me" to personalize content recommendations and curate sections like "Because You Love." The feature, tested extensively last year, mirrors competitors like Netflix and is accessible across all platforms ...
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Hyundai Slashes Ioniq 5 Price for 2026 Model
Hyundai has significantly reduced prices for its 2026 Ioniq 5 lineup, making the electric crossover more competitive and accessible, with the base model dropping to $35,000 and higher trims seeing discounts of up to $9,800. The price cuts apply universally to all qualified buyers for U.S.-manufac...
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Jeff Comstock Named President of CX Product & Technology at NiCE
Jeff Comstock has been appointed as President of CX Product & Technology at NiCE, starting October 1, 2025, and will report directly to CEO Scott Russell. He brings over 25 years of experience from Microsoft, where he led the Customer Experience applications business and drove growth with AI-powe...
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Samsung's Audio Empire: Now Home to Denon, Marantz & More
Samsung's subsidiary Harman has finalized the acquisition of Sound United for $350 million, significantly expanding its portfolio of audio brands. The deal brings legendary hi-fi brands like Denon, Marantz, Bowers & Wilkins, and Polk Audio under Samsung's control, joining existing brands such as ...
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OpenAI's New AI Jobs Platform to Rival Microsoft's LinkedIn
OpenAI is launching an AI-powered jobs platform to compete with Microsoft's LinkedIn, expanding its reach into consumer and enterprise markets. The platform uses advanced algorithms to match job seekers with employers by analyzing skills, experience, and career goals for better accuracy. This mov...
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2025 Tech Layoffs: The Complete List & Analysis
Over 22,000 tech employees have been laid off in 2025 due to economic pressures, strategic shifts, and increased automation and AI integration. Major companies like Cisco, Oracle, Peloton, Microsoft, and Google have implemented significant workforce reductions as part of restructuring and cost-sa...
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AWS Soars Past Forecasts on Surging Cloud Demand
AWS is experiencing its strongest growth in three years, driven by unprecedented AI demand for cloud infrastructure, with sales reaching $33.1 billion in the first nine months and operating income climbing to $11.4 billion in Q3. The company is expanding rapidly, with 20.2% year-over-year growth,...
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Toyota Invests $1.5 Billion in Mobility Startups
Toyota is investing $1.5 billion in mobility startups through two new funds to support innovation from early concepts to scalable businesses. The automotive industry saw a surge in EV sales before a key tax credit expired, with Tesla reporting record deliveries, but now faces challenges sustainin...
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Amazon Unveils New Robots, Says They're for Cost-Cutting, Not Job Loss
Amazon has introduced Blue Jay and Project Eluna robotic systems to assist warehouse workers by handling physically demanding and repetitive tasks, aiming to enhance efficiency and reduce costs without eliminating jobs. The company emphasizes a collaborative human-robot future, citing job creatio...
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