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Business News

Location American Business News for 23 July 2024
After a private equity firm reportedly approached Mattel with a buyout offer, the El Segundo-based toymaker said it's confident as an independent company.
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More than 100 workers walk off job at Amazon air hub, Teamsters say, in wake of record Prime Day Workers at a key Amazon.com Inc. air-shipping hub in Southern California walked off the job over the weekend, the Teamsters union said Monday, in response to what the group said was retaliation from the online retailer a...
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Silicon Valley billionaires press pause on plans for $800 million utopian city amid growing tensions with county The Silicon Valley billionaires backing a utopian housing development in the Bay Area announced a delay in their plans amid tensions with the county.
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Netflix hires Alain Tascan as its president of games

Venture Beat - 23 Jul 2024 23:09
Netflix announced it's appointed Alain Tascan, formerly of Epic Games, as the new head of its gaming division.
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Already, Resquared claims to have collected data on more than 11 million SMBs throughout the U.S. and Canada.
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A new study shows that AI can help writers become more creative, but they result in stories that are too similar.
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LightSpeed has established its new LightSpeed L.A. performance capture studio, which is built with an eye for safety and maximum creativity.
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Vayu is already witnessing significant traction, with as many as 20 enterprises piloting it's novel technology and over 100 on a waitlist.
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Humble Games lays off all employees

Venture Beat - 23 Jul 2024 21:10
Indie publisher Humble Games is reportedly closing its doors after it laid off its entire team of 36 employees.
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The robotics startup provides a modular cell-based matrix structure through which an AI-powered bot navigates to move materials.
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To meet AI demands, Supermicro's goal is to make liquid cooling at least 20% to 30% of the whole data center deployment in next 12 months.
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Call of Duty: Modern Warfare III is coming to Game Pass on July 24, fulfilling a goal of Microsoft's acquisition of Activision Blizzard.
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Play by Play Studios is coming out of stealth today as a game studio and it unveiled its first game, The Run: Got Next.
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Nauto has created AI cameras for commercial fleet operators to capture problems with distracted or sleepy drivers and warn them in real time.
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Llama 3.1 is the latest version of Meta's large language models, with a new model weight, 405 billion parameters, the biggest model it's trained.
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Delta faces probe as CrowdStrike disruption lingers The US Transportation Secretary said Delta must honour rules granting refunds to travellers.
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The company today announced a series of gen AI upgrades to Photoshop and Illustrator, its Creative Cloud desktop software programs.
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Google's Anti-Cookie Effort Crumbles; Privacy Efforts in Flux

Retail Touch Points - 23 Jul 2024 16:29
Google's Anti-Cookie Effort Crumbles; Privacy Efforts in Flux After more than four years of efforts to deprecate third-party cookies on its Chrome browser, Google has essentially given up the fight. In a July 22 blog, the VP of Google's Privacy Sandbox Anthony Chavez acknowledged t...
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Liithos, a transmedia and game company led by former Sony game developer Michael Mumbauer, is launching a satirical game called Clickbait.
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Mobile app analytics platform AppMagic has raised $3 million from GEM Capital to compete against Sensor Tower and Data.ai's merger.
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How FedEx Leverages its Data and Expertise to Help Merchants Win Post-Purchase Not too long ago, if you wanted to get a package somewhere there were three primary choices -- FedEx, UPS and USPS. But times have changed -- both customers and merchants can now choose from a range of same-day delivery ...
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GE Aerospace's stock jumps after a big profit beat, as commercial orders soared GE Aerospace's stock climbed toward a two-month high in early Tuesday trading, after the jet engines maker reported second-quarter profit and revenue that were well above forecasts amid a big jump in orders, and lifted i...
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