ARC Raiders is making swift changes to retain its massive launch playerbase. The updates include prioritized duo matchmaking, reduced cosmetic prices starting November 13, and future premium Raider Decks with cosmetics only.
SoftBank Group’s Tokyo-listed shares dropped as much as 10% after the company revealed it sold its entire Nvidia stake. The proceeds are funding over $30 billion in AI investments, including a massive $22.5 billion bet on OpenAI.
The UK government is introducing legislation that would allow regulators to levy massive fines on companies that fail to meet cybersecurity requirements. The new rules target critical infrastructure sectors and require 24-hour breach reporting. Companies could face penalties up to 4% of annual turno
The ongoing dispute between Google and Disney has turned into a costly battle for both companies. With over 20 Disney channels removed from YouTube TV, subscribers are jumping ship while both sides hemorrhage millions in revenue.
Kingfisher, which operates 2,000 stores including B&Q and Screwfix, just publicly rejected SAP’s prescribed cloud migration. The company’s CTO called out a licensing model that would have spiked costs by 20 times, opting for a more flexible and affordable path.
A new legal tech startup called Theo Ai has secured $3 million in funding to build AI models that predict lawsuit settlement outcomes. The company specifically targets law firms and large enterprises looking to control legal costs by forecasting settlement likelihood and amounts. Founded this year,
The FedNow instant payment network is rapidly evolving with major updates driven by bank feedback. Transaction limits have skyrocketed from $1M to $10M, while new APIs and risk tools are expanding use cases. With the Treasury now using it for emergency payments, FedNow’s momentum is building.
While Microsoft pours hundreds of billions into AI, new reports reveal a stark reality. Nearly 80% of companies report no significant financial impact from their AI investments, and 42% have abandoned most AI pilots. The genAI paradox is becoming impossible to ignore.
Europe is pushing to open private markets to retail investors to close its innovation gap with the US and China. But according to Morningstar research, individual investors face complex risks and limited protections in these high-stakes investments.
Governments are banking on AI to solve fiscal challenges, but the evidence suggests this optimism is misplaced. An MIT report reveals that 95% of generative AI initiatives deliver zero return on investment.
