News

Steven Sinofsky / @stevesi: John Walker, a computer programmer and co-founder of 3D design software maker Autodesk, died on February 2 at the age of 75  —  Very sad news on the passing on John Walker, programmer and co-founder of… Read More »John Walker, a computer programmer and co-founder of 3D design software maker Autodesk, died on February 2 at the age of 75 (Steven Sinofsky/@stevesi)

AlleyWatch: Ezra, which offers AI-powered full-body MRI scans to detect cancer, raised $21M led by Healthier Capital and FirstMark Capital, taking its total funding to $41M  —  Early detection of cancer significantly improves the survival rate (80%), streamlines treatment options,… Read More »Ezra, which offers AI-powered full-body MRI scans to detect cancer, raised $21M led by Healthier Capital and FirstMark Capital, taking its total funding to $41M (AlleyWatch)

Wall Street Journal: Sources: Sam Altman is in talks with investors, including the UAE government, to raise funds for an AI chip initiative that could cost as much as $5T to $7T  —  Sam Altman was already trying to lead… Read More »Sources: Sam Altman is in talks with investors, including the UAE government, to raise funds for an AI chip initiative that could cost as much as $5T to $7T (Wall Street Journal)

Shauneen Miranda / Axios: In a lawsuit, former TikTok Global Head of Brand & Creative Katie Puris claims she was subjected to discrimination and “ultimately unlawfully terminated”  —  A former executive at TikTok filed a complaint against the app and… Read More »In a lawsuit, former TikTok Global Head of Brand & Creative Katie Puris claims she was subjected to discrimination and “ultimately unlawfully terminated” (Shauneen Miranda/Axios)

Alex Weprin / The Hollywood Reporter: X signs a two-year deal with the WWE for a new exclusive weekly video series called WWE Speed featuring timed matches of 5 minutes or less, coming spring 2024  —  ‘WWE Speed’ will stream… Read More »X signs a two-year deal with the WWE for a new exclusive weekly video series called WWE Speed featuring timed matches of 5 minutes or less, coming spring 2024 (Alex Weprin/The Hollywood Reporter)

Taylor Soper / GeekWire: Expedia says CEO Peter Kern will step down after four years in the role and names its president for business, Ariane Gorin, as CEO, effective May 13, 2024  —  Expedia Group CEO Peter Kern will step… Read More »Expedia says CEO Peter Kern will step down after four years in the role and names its president for business, Ariane Gorin, as CEO, effective May 13, 2024 (Taylor Soper/GeekWire)

Chance Miller / 9to5Mac: Xiaolang Zhang, a former Apple engineer who pled guilty in August 2022 to IP theft of Apple’s car project, is sentenced to 120 days in prison and a ~$147K fine  —  For the last six years,… Read More »Xiaolang Zhang, a former Apple engineer who pled guilty in August 2022 to IP theft of Apple’s car project, is sentenced to 120 days in prison and a ~$147K fine (Chance Miller/9to5Mac)

Dean Takahashi / VentureBeat: Take-Two reports Q3 net bookings down 3% YoY to $1.34B, net revenue down 3% YoY to $1.37B, and plans cost reductions “more robust” than in 2023; TTWO drops 9%+  —  Take-Two Interactive reported results for the… Read More »Take-Two reports Q3 net bookings down 3% YoY to $1.34B, net revenue down 3% YoY to $1.37B, and plans cost reductions “more robust” than in 2023; TTWO drops 9%+ (Dean Takahashi/VentureBeat)

Jordan Novet / CNBC: Cloudflare reports Q4 revenue up 32% YoY to $362.5M, vs. $353.1M est., net loss of $27.9M, vs. $45.9M YoY, and Q1 revenue guidance above est.; NET jumps 17%+  —  – Cloudflare’s revenue and adjusted earnings surpassed… Read More »Cloudflare reports Q4 revenue up 32% YoY to $362.5M, vs. $353.1M est., net loss of $27.9M, vs. $45.9M YoY, and Q1 revenue guidance above est.; NET jumps 17%+ (Jordan Novet/CNBC)

Cory Weinberg / The Information: Source: Disney’s $1.5B investment in Epic Games will give Disney a 9% stake in Epic at a valuation of $22.5B, down ~29% from its 2022 valuation of $31.5B  —  Disney’s $1.5 billion investment in Epic… Read More »Source: Disney’s $1.5B investment in Epic Games will give Disney a 9% stake in Epic at a valuation of $22.5B, down ~29% from its 2022 valuation of $31.5B (Cory Weinberg/The Information)