EA Cancels Mobile Apex Legends and Battlefield Games, Shutters Industrial Toys Studio

Electronic Arts announced it is canceling its Apex Legends Mobile and Battlefield Mobile games. And as a result, it is shutting down its Industrial Toys game studio. From a report: Apex Legends Mobile debuted last year, bringing Respawn Entertainment's hot Apex Legends shooter game to mobile devices. It won Apple's Game of the Year for 2022 as well...

20m

Britain's Semiconductor Plan Goes AWOL as US and EU Splash Billions

As nations around the world scramble to secure crucial semiconductor supply chains over fears about relations with China, the U.K. is falling behind. From a report: The COVID-19 pandemic exposed the world's heavy reliance on Taiwan and China for the most advanced chips, which power everything from iPhones to advanced weapons. For the past two years,...

1h

Intel Slashing CEO and Managers' Pay in a Bid To Preserve Cash

Intel, struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope with a shaky economy and to preserve cash for an ambitious turnaround plan. From a report: Chief Executive Officer Pat Gelsinger is taking a 25% cut to his base salary, the chipmaker said Tuesday. His executive leadership team will see their...

1h

Wind and Solar Were EU's Top Electricity Source In 2022 For First Time Ever

AmiMoJo writes: Wind and solar supplied more of the EU's electricity than any other power source for the first time ever in 2022, new analysis finds. They together provided a record one-fifth of the EU's electricity in 2022 -- a larger share than gas or nuclear, according to a report by the climate thinktank Ember. Record additions of new wind and solar...

2h

US Stops Granting Export Licenses For China's Huawei

An anonymous reader quotes a report from Reuters: The Biden administration has stopped approving licenses for U.S. companies to export most items to China's Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions around items for 5G and other technologies for several years, but officials in the U.S. Department...

3h

Spotify Hits 205 Million Paid Subscribers

Spotify packed on 10 million Premium customers in the last three months of 2022 to stand at 205 million, topping its previous guidance. Variety reports: The growth of its paid subs, up 14% year over year, was "aided by promotional intake and household plans," the company said. Overall, the streamer gained 33 million total monthly active users in the...

6h

Intel Cuts Pay Across the Board To Avoid Layoffs

segaboy81 writes: Internal reports of Intel cutting pay across the board are flooding the internet. It's now confirmed that CEO Pat Gelsinger will take a 25% cut, while everyone else takes a 5% to 15% hit. What's worse is it looks like they will remain cash-flow negative throughout 2023 despite all this. Intel's December earnings were revealed last...

9h

'De-Extinction' Company Will Try To Bring Back the Dodo

An anonymous reader quotes a report from Gizmodo: Genetic engineering company Colossal Biosciences said Tuesday that it will try to resurrect the extinct dodo bird, and it's received $150 million in new funding to support its "de-extinction" activities. The dodo was already part of Colossal's plans by September 2022, but now the company has announced...

12h

Microsoft Upgrades Defender To Lock Down Linux Devices For Their Own Good

Organizations using Microsoft's Defender for Endpoint will now be able to isolate Linux devices from their networks to stop miscreants from remotely connecting to them. The Register reports: The device isolation capability is in public preview and mirrors what the product already does for Windows systems. "Some attack scenarios may require you to isolate...

14h

Sony Halves Reported Sales Expectations For Coming PSVR2 Headset

Sony is drastically scaling back its sales expectations for next month's launch of the PlayStation VR2 headset, according to a Bloomberg report citing "people familiar with [Sony's] deliberations." Ars Technica reports: The PlayStation 5 maker now expects to sell just 1 million PSVR2 units by the end of March, down from sales expectations of 2 million...

15h