Sony has officially acknowledged that Destiny 2 isn’t performing as expected since acquiring Bungie in 2022. The company recorded a $204 million impairment loss against Bungie’s valuation. This comes despite The Final Shape expansion’s initial success last year.
A startup called OneEightDegrees promised revolutionary 3D sports streaming for Apple Vision Pro but appears to have vanished after failing to secure funding. The technical and licensing hurdles make this one of tech’s toughest challenges.
Jared Lepora, a 16-year-old student, created a functional robotic hand using only LEGO MINDSTORMS components. His design features over 100 bearings and mimics professional robotic hand mechanisms. The project was presented at the IEEE/RSJ International Conference on Intelligent Robots Systems in Oct
Elliott Management has built a nearly 5% stake in Toyota Industries and is pushing back against Toyota Motors’ ¥16,300 per share take-private offer. The activist investor argues the deal significantly undervalues the company and lacks proper governance. Toyota Industries shares have surged 36% this
The NATO Innovation Fund is bringing in Erin Hallock from BP Ventures as a new partner. This comes after a wave of senior exits including four founding partners and the chair stepping down. The €1 billion fund focuses on dual-use defense technologies.
A critical Samsung vulnerability exploited since mid-2024 has been added to CISA’s must-patch list. The zero-day allowed spyware deployment through malicious WhatsApp images targeting Middle Eastern victims. Federal agencies have until December 1 to address the threat.
The drone threat is escalating far beyond battlefields, with thousands of unauthorized flights over NFL stadiums and critical infrastructure. Western nations are realizing their defenses are inadequate against this rapidly evolving danger. The urgency is creating massive demand for counter-drone tec
Senators John Boozman and Cory Booker have proposed legislation that would fundamentally reshape how cryptocurrencies are regulated in the US. The bill would move oversight from the SEC to the CFTC and treat most digital assets as commodities.
As bitcoin loses momentum, digital asset treasury companies are pivoting to obscure cryptocurrencies. This shift is creating massive volatility risks and could leave investors holding the bag when markets turn.
ASEAN exporters face pressure from US tariffs while domestic markets flood with Chinese goods. The region’s $25 billion services trade surplus depends heavily on China, making any alignment difficult.
