Culture - CybAI news

16 Aug

Ubisoft Entertainment Cuts 45 People From Its US Staff

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Ubisoft Entertainment SA, maker of video games like Assassin’s Creed, cut 45 jobs this week at its offices in San Francisco and Cary, North Carolina, as the industry continues a period of retrenchment.In a statement, a Ubisoft spokesperson said the “difficult yet necessary decision was made to align these studios’ organizations with their future business and development objectives.” Affected employees will receive severance and career assistance. Source link lol

15 Aug

Edgar Bronfman to Prepare an Offer for Paramount Global

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Seagram Co. heir Edgar Bronfman Jr. is close to making an offer for Paramount Global that would compete with an accepted bid from Skydance Media, according to people familiar with his plans.Bronfman is considering an offer for National Amusements, the Redstone family company that controls Paramount, as well as an investment in Paramount itself, according to one of the people, who asked not to be identified discussing plans that aren’t public. The structure is still being worked on. Source link lol

14 Aug

Startup Founder Pleads Guilty to Indecent Assault of Young Woman

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One-time startup leader Brian Wong pleaded guilty to criminal charges that he assaulted a young woman woman during the 2016 South by Southwest festival in Austin, Texas.With a jury trial looming in September, state prosecutors reduced the offense to indecent assault from attempted sexual assault, making it a misdemeanor instead of a felony charge, and Wong changed his plea from guilty to not guilty, according to records in Austin district court. His lawyer, Sam Bassett, didn’t respond to requests for comment. Source link lol

13 Aug

Musk’s X Ordered to Pay Compensation to Dismissed Irish Employee

stp2y0 CommentsRAG modelsBarry Kenny, Culture, Elon Reeve Musk, Employment, europe, Ireland, Markets, social media, Social Network, Technology, TWITTER INC, United States

Elon Musk’s X has been ordered to pay compensation to a former staff member of its Irish unit in an unfair dismissal case.The social network platform formerly known as Twitter was ordered to pay out over €550,000 ($602,640) to the former employee, Ireland’s Workplace Relations Commission, the state body responsible for adjudicating employment disputes, said on Tuesday. It is the largest sum the agency has ever awarded, according to Irish broadcaster RTE. Source link lol

13 Aug

Tech Could Use More Susan Wojcickis

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As the CEO of Alphabet Inc.’s YouTube, Susan Wojcicki was no stranger to controversy. She once said that trying to manage a platform struggling with misinformation and vile behavior meant that “everybody is angry at you all the time.”But after learning that she had died last week at age 56 after a two-year battle with lung cancer, the firestorm I keep coming back to had nothing to do with the business she ran. It took place during a period in 2015 when interviewers at tech conferences couldn’t seem to stop asking Wojcicki about her kids. The CEO had five of…

10 Aug

Ex-Twitter Chairman Sues Elon Musk’s X for $20 Million in Shares

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Former Twitter Chairman Omid Kordestani sued the social media company, claiming that billionaire owner Elon Musk is refusing to cash out more than $20 million worth of shares he is owed.Kordestani served as the company’s executive chairman from 2015 to 2020 and stayed on the board for two more years, until Musk bought the platform for $44 billion. He said in the complaint that the bulk of his compensation was stock, which he says Musk is refusing to pay out. Source link lol

08 Aug

Turkey Blocks Roblox Over Child Abuse Risk, Minister Says

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Turkey blocked access to kids gaming platform Roblox due to content that a top official said could lead to child abuse.The legal ruling was based on a law that regulates broadcasting over the internet, Justice Minister Yilmaz Tunc said in a statement on X. Source link lol

07 Aug

Nextdoor Projects Improved Revenue Growth Amid Product Overhaul

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Nextdoor Holdings Inc. reported second-quarter revenue that beat analysts’ estimates and projected stronger-than-expected sales growth, pointing to improvements in the company’s advertising technology as a key driver of sales. Chief Executive Officer Nirav Tolia also announced plans for a “complete transformation” of Nextdoor’s core social network to increase usage and turn the neighborhood-focused platform into a service that people are drawn toward daily, not just for key life moments. Source link lol

07 Aug

UK Regulator Tells Online Services to ‘Act Now’ to Stop Riots

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The UK telecommunications regulator urgedBloomberg Terminal online service providers to take action to stop customers from using their platforms to incite violence, even though Ofcom’s new rules with stronger requirements to police online content aren’t yet in effect. “In a few months, new safety duties under the Online Safety Act will be in place, but you can act now – there is no need to wait to make your sites and apps safer for users,” said Gill Whitehead, Ofcom’s director for online safety, in a letter posted to the regulator’s website on Wednesday. Source link lol

05 Aug

PrizePicks Fantasy Sports Names Blizzard Alum Ybarra as CEO

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PrizePicks, a fantasy sports company, named former Activision Blizzard executive Mike Ybarra as chief executive officer, succeeding co-founder Adam Wexler.The company, which bills itself as the largest daily fantasy sports operator in North America, said in a statement Monday that the appointment is effective immediately. Wexler will become executive chairman. Source link lol