Epic Games cuts 1,000 jobs, says Fortnite engagement is down
Epic Games also increased the price of V-Bucks, the Fortnite in-game currency.
In Brief
Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund
As prediction markets explode, the new firm called 5(c) Capital, will back startups supporting the burgeoning category.
Air Street becomes one of the largest solo VCs in Europe with $232M fund
London’s Air Street Capital has raised a large Fund III with eyes locked on backing early-stage European and North American AI companies.
Apple Maps may be about to get ads
Apple Maps may soon serve ads in top results when users search on terms like “restaurants.”
Pinterest CEO calls on governments to ban social media for users under 16
Pinterest’s chief compares social media to tobacco and alcohol, saying children need similar protections.
Why scientists can’t get a laugh
Humor is hard to pull off in front of a cold audience, full stop.
A French Navy officer accidentally leaked the location of an aircraft carrier by logging his run on Strava
A French naval officer went on a run around the deck of the Charles de Gaulle aircraft carrier, inadvertently leaking the warship’s location when he uploaded the workout to Strava.
Meta is having trouble with rogue AI agents
A rogue AI agent inadvertently exposed Meta company and user data to engineers who didn’t have permission to see it.
Pardoned Nikola founder Trevor Milton is trying to raise $1B for AI-powered planes
He told the Wall Street Journal he thinks autonomous planes will be “10 times harder than Nikola ever was.”
Marquis says over 672,000 people had personal and financial data stolen in ransomware attack
Fintech company Marquis is notifying hundreds of thousands of people that hackers stole their personal and financial information, including their Social Security numbers.