Microsoft Streamlines Video Game Division with 1,900 Job Cuts

Microsoft announced Thursday that it will cut 1,900 jobs in its video game division, which includes Activision Blizzard. The staff memo from Phil Spencer, head of Microsoft Gaming, stated that the job cuts will affect the video game giant Activision and will amount to nearly 9 percent of Microsoft’s 22,000-person video game team. Spencer also mentioned that Microsoft will continue to invest in areas to grow the business and bring more games to players worldwide. The acquisition of Activision Blizzard was completed in October after a year of regulatory hurdles. Additionally, the head of Activision Blizzard, Mike Ybarra, announced on social media that Thursday would be his last day at the company. Microsoft did not respond to a request for comment.

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Unlikely Industry Player Anguilla Profits Big from A.I. Boom

Artificial intelligence’s integration into everyday life has stirred up doubts and unsettling questions for many about humanity’s path forward. But in Anguilla, a tiny Caribbean island to the east of Puerto Rico, the A.I. boom has made the country a fortune. The British territory collects a fee from every registration for internet addresses that end […]

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China Surpasses U.S. in A.I. Talent: A Key Metric

China lags behind the United States in artificial intelligence that powers chatbots like ChatGPT but excels in producing scientists behind new humanoid technologies. New research reveals that China has surpassed the United States as the biggest producer of A.I. talent. The country generates almost half the world’s top A.I. researchers, compared to 18 percent from […]

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Brands Brace for Impact as TikTok Faces Criticism

Amid debate in Washington over whether TikTok should be banned if its Chinese owner doesn’t sell it, one group is watching with particular interest: the many brands — particularly in the beauty, skin care, fashion, and health and wellness industries — that have used the video app to boost their sales. Youthforia, a makeup brand […]

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