DraftKings CEO Jason Robins told CNBC that prediction markets and sports betting serve different audiences. The company reported earnings Thursday and lowered its full-year sales outlook, sending shares down over 5% after hours.
Square Enix is cutting developers in the US and UK as part of a major restructuring to focus on Japanese studios. The company plans to aggressively apply AI to automate QA and debugging tasks. This continues a decade-long pattern of the publisher pulling back from Western game development.
Informatica’s CEO cautions against equating consumer AI adoption with enterprise AI cycles. While consumers jump on new tools quickly, large organizations face complex data governance and infrastructure challenges that slow implementation but create lasting opportunities for solution providers.
Airbnb just delivered another impressive quarter with revenue and bookings beating analyst expectations. The company’s focus on new features and global expansion appears to be paying off as travel demand remains strong.
Grand Theft Auto 6 faces another major delay, pushing its release to November 2026. Take-Two’s stock took an immediate hit as investors reacted to the news. This marks the second public delay for the highly anticipated title.
Remitly’s stock crashed 24% after forecasting slower growth, with CFO Vikas Mehta citing “immigration headwinds” as a key factor. The company’s market value dropped to $2.6 billion as Mexico remittances fell 5.5% this year.
Square Enix is conducting mass layoffs across its European and American offices as part of a fundamental restructuring. The company plans to use generative AI to automate most game QA testing while projecting significant cost savings from the cuts.
DoorDash stock is plummeting toward its worst session ever as investors react to the company’s aggressive spending plans. The food delivery platform plans to invest heavily in autonomous delivery and global technology infrastructure.
The self-made billionaire nominated to lead NASA wants to overhaul the agency’s meeting culture. His proposed rules include capping meetings at one hour and banning multitasking. It’s part of a broader push to eliminate bureaucracy that’s slowing down American space exploration.
Epic Games and Google have reached a settlement in their 5-year legal battle over the Android Play Store. The agreement follows court rulings that found Google’s app store practices constituted an illegal monopoly. Specific terms remain confidential pending court approval.
