Salaries have also stagnated, layoffs are second only to the dot-com bubble
The big picture: Job cuts in the tech industry last year were attributed to the need to economize, driven by inflation and a hiring spree during the pandemic. So, what's the explanation this year, especially when many of these firms have accumulated a significant amount of cash?
In a nutshell: The biggest security threats active today work on the international stage, which means an effective attempt to disrupt them should be global as well. Members of the Cybercrime Atlas are trying to do just that, starting with a shared intelligence on cybercrime gangs and their operations.
Keep dumping: The Yuzu emulator may be dead, but Switch emulation will continue to progress as if (almost) nothing happened. Suyu is a new project aimed at continuing the work already undertaken on the Yuzu source code. However, developers have explicitly stated that they will not accept any donation money or other forms of monetization.
In context: We've noticed a burning sensation in our pockets lately. Not the bite of inflation, but an actual heat source coming from our phones. Maybe it is 5G, maybe it is a design decision made by Apple, or by TSMC, whatever the reason, our smartphone runs hot.
A hot potato: Nvidia has become the dominant force in the AI hardware industry, and CEO Jensen Huang knows it. The leather jacket-loving boss is so confident in the ability of his products, he says that even if the competitors' chips were free, they would still be a worse option than Nvidia's expensive alternatives.
Puzzle adventure 'Cocoon' is also a big surprise with five GDC nominations
GOTY: Larian's critically acclaimed RPG dominated the Golden Joystick Awards, The Game Awards, and the DICE Awards, securing numerous accolades across all three events, including Game of the Year. This winning streak is poised to continue at the BAFTA Games Awards and the GDC Awards this spring. Other strong contenders for both upcoming events include Spider-Man 2, Alan Wake 2, The Legend of Zelda: Tears of the Kingdom, and Cocoon.
Like a kid caught in the act, Cupertino gives Epic its license back
Round 10: Watching Apple and Epic duke it out for the past four years causes one to wonder if they will ever get along. Their very public US court bout is long past, with neither feeling like the victor. As the European Commission bears down on Apple, the boxing match continues, with Cupertino throwing punches to defend its walled garden and Epic hiding behind the referee hoping for a low-blow penalty point.
A hot potato: Electronic Arts is an organization that arguably only misses out on the title of "most-hated game company in the world" because Ubisoft exists. As it turns out, EA loves generative AI. CEO Andrew Wilson has been praising the technology, claiming it is set to make EA 30% more efficient while boosting monetization by 20% over the next five years. It also sounds like it will cost more game developers their jobs.
Why it matters: ASML is the largest manufacturer of photolithography machines, designed for etching intricate circuits onto silicon wafers to create advanced computer chips. It stands as the most highly valued European tech company, boasting a market capitalization of nearly $400 billion. Additionally, ASML represents one of the major business ventures in the Netherlands' economy.