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Palworld developer Pocketpair says a 2024 update was due to "ongoing litigation" and a new update is "yet another compromise", as it disputes Nintendo's claims (Victoria Kennedy/Eurogamer.net)

Victoria Kennedy / Eurogamer.net:
Palworld developer Pocketpair says a 2024 update was due to “ongoing litigation” and a new update is “yet another compromise”, as it disputes Nintendo's claims  —  “We... assert the invalidity of the patents in question.”  —  Palworld developer Pocketpair has released …

How India’s spiritual tech startups are monetizing faith for the algorithm age

When covid-19 lockdowns swept across India in 2020, they brought religious life to a halt. Temples were shuttered, large gatherings banned, and in-person rituals suspended - many for the first time in living memory. Millions of devotees were suddenly cut off from their usual spiritual routines, from daily temple visits and bhajans (community singing sessions) […]

Match says it will cut 13% of its staff, impacting ~325 jobs, per a 2024 filing, and reports Q1 revenue down 3% YoY to $831M, above est., and 14.2M paying users (Natalie Lung/Bloomberg)

Natalie Lung / Bloomberg:
Match says it will cut 13% of its staff, impacting ~325 jobs, per a 2024 filing, and reports Q1 revenue down 3% YoY to $831M, above est., and 14.2M paying users  —  Match Group Inc. is cutting one in five managers as part of a 13% workforce reduction, the latest effort by its new chief executive officer …

SMIC reports Q1 revenue up 28.4% YoY to $2.2B, vs. $2.3B est., profit up 161.9% YoY to $188M, vs. $222.4M est., and says H2 has "opportunities and challenges" (Reuters)

Reuters:
SMIC reports Q1 revenue up 28.4% YoY to $2.2B, vs. $2.3B est., profit up 161.9% YoY to $188M, vs. $222.4M est., and says H2 has “opportunities and challenges”  —  Semiconductor Manufacturing International Corp (0981.HK),China's largest contract chip maker …

Palworld devs blame Nintendo Pokémon lawsuit for ‘disappointing’ game changes

Palworld developer Pocketpair has admitted it has had to make changes to its game in response to the patent-infringement lawsuit brought against it by Nintendo and The Pokémon Company — and indicated there are more of these changes coming. In a blog post titled “Regarding the lawsuit, changes to Palworld and the future” on Thursday, […]