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Latest updates from the world of Technology.

The creator economy’s ad revenue problem and India’s AI ambitions
Technology
TechCrunch

The creator economy’s ad revenue problem and India’s AI ambitions

The creator economy is evolving fast, and ad revenue alone isn’t cutting it anymore. YouTubers are launching product lines, acquiring startups, and building actual business empires. In fact, MrBeast’s company bought fintech startup Step, and his chocolate business is outearning his media arm. This isn’t just one creator’s strategy. For many, it’s the new playbook.  On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Rebecca Bellan unpack how creators are divers

The best e-reader to buy right now
Technology
The Verge

The best e-reader to buy right now

Any ebook reader will let you cram a Beauty and the Beast-sized library’s worth of books in your pocket, but so will your phone. An ebook reader offers a more book-like reading experience, with fewer distractions and less eye strain, and many include extra features, like adjustable frontlighting. Some really are pocketable. Others are waterproof or offer physical page-turning buttons, while a few even let you take notes. I’ve been using ebook readers for more than a decade, and I’ve gone hands-o

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Xbox shakeup: Phil Spencer and Sarah Bond are leaving Microsoft
Technology
The Verge

Xbox shakeup: Phil Spencer and Sarah Bond are leaving Microsoft

Xbox ex boss and new Xbox boss | Image: Microsoft After nearly 40 years at Microsoft, Xbox chief and Microsoft Gaming CEO Phil Spencer is leaving the company, along with Xbox president Sarah Bond. Spencer’s retirement was announced in a memo from Microsoft CEO Satya Nadella on February 20th, stating, “Last year, Phil Spencer made the decision to retire from the company, and since then we’ve been talking about succession planning.”  Last summer, Microsoft responded to rumors of Spencer’s retire

Microsoft says today’s Xbox shake-up doesn’t mean game studio layoffs
Technology
The Verge

Microsoft says today’s Xbox shake-up doesn’t mean game studio layoffs

Xbox has new leaders today, now that Phil Spencer and Sarah Bond are out - and you'd be forgiven for assuming that means yet another round of layoffs and shuttered studios, especially one day after Sony jettisoned a beloved developer. Not yet, it seems. "To be clear, there are no organizational changes underway for our studios," Microsoft Gaming EVP Matt Booty wrote in his memo today. It's a little buried under everything else Microsoft's outgoing and incoming gaming CEOs are saying, so figure

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SCOTUS rules Trump’s tariffs are illegal — but the fight is far from over
Technology
The Verge

SCOTUS rules Trump’s tariffs are illegal — but the fight is far from over

The US Supreme Court struck down some of Donald Trump's tariffs on foreign imports, which have become a hallmark of the chaos of the second Trump administration. The court's ruling deals specifically with duties levied using a law called the International Emergency Economic Powers Act (IEEPA), something no other president has done - the 1977 law was initially created to limit presidential ability to declare a national emergency only to times when the threat came from outside the US. The legalit

Read Microsoft gaming CEO Asha Sharma’s first memo on the future of Xbox
Technology
The Verge

Read Microsoft gaming CEO Asha Sharma’s first memo on the future of Xbox

Microsoft Gaming CEO Asha Sharma. | Image: Microsoft Microsoft gaming boss Phil Spencer has just announced he's leaving the company after 12 years leading Xbox and nearly 40 at Microsoft in total. His replacement: Asha Sharma, formerly head of development for Microsoft's AI enterprise teams. Before that, she was COO of Instacart for three years, and spent four at Meta in charge of the company's messaging apps. What will Sharma do with Xbox? Read for yourself in her first internal memo, which w

Read Xbox chief Phil Spencer’s memo about leaving Microsoft
Technology
The Verge

Read Xbox chief Phil Spencer’s memo about leaving Microsoft

Xbox chief Phil Spencer has just announced to employees that he's leaving Microsoft after 38 years. In a memo entitled "A new chapter for Microsoft Gaming," Spencer reveals to Xbox employees that he made the decision to retire from Microsoft last fall. He also reveals Xbox president Sarah Bond is leaving Microsoft, triggering a big change in management at Xbox. Asha Sharma, currently the president of CoreAI product at Microsoft, is stepping into the Microsoft Gaming CEO role, reporting directly

Xbox chief Phil Spencer is leaving Microsoft
Technology
The Verge

Xbox chief Phil Spencer is leaving Microsoft

Xbox chief Phil Spencer is leaving Microsoft after nearly 40 years at the software giant. Xbox president Sarah Bond is also leaving Microsoft, in what is a major shake-up to the management of Xbox and Microsoft's gaming efforts. Asha Sharma, currently president of CoreAI product, is taking over as CEO of Microsoft Gaming. Microsoft CEO Satya Nadella announced Phil Spencer's retirement in a memo to all Microsoft employees today. "Last year, Phil Spencer made the decision to retire from the compan

Sarah Bond is leaving Xbox
Technology
The Verge

Sarah Bond is leaving Xbox

Sarah Bond during the May 2024 Bloomberg Technology Summit. | Photo: Bloomberg via Getty Images Sarah Bond, the president and COO of Xbox, is leaving the organization, along with CEO of Microsoft Gaming Phil Spencer. Her departure was announced at the same time as Spencer's, with Asha Sharma moving into the EVP and CEO of Gaming role and Matt Booty being promoted to EVP and chief content officer. In a note to employees that she shared on LinkedIn late Friday, Bond writes that she will "remain

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Trump is making coal plants even dirtier as AI demands more energy
Technology
The Verge

Trump is making coal plants even dirtier as AI demands more energy

Kingston Fossil Plant, a 1.4-gigawatt coal-fired power plant located in Roane County, just outside Kingston, Tennessee on the shore of Watts Bar Lake. | Photo: Getty Images The Trump administration just tossed out Biden-era restrictions on mercury and other toxic pollutants from power plants. It's repealing Mercury and Air Toxics Standards (MATS) just as electricity demand in the US ticks up with the buildout of new AI data centers. Those standards are particularly impactful when it comes to

Web scraper sued by Google claims Google is the one scraping the web
Technology
The Verge

Web scraper sued by Google claims Google is the one scraping the web

SerpApi, a company that offers tools to scrape content on the web, is fighting back against Google's copyright lawsuit that accuses it of vacuuming up search results "at an astonishing scale." In a motion to dismiss filed on Friday, SerpApi argues that Google doesn't hold a copyright on its search results, alleging that the engine is built "on the backs of others who posted 'the world's information.'" In December, Google sued SerpApi, claiming the smaller scraper had violated the Copyright Act b

The CDC Has a Leadership Crisis
Technology
Wired

The CDC Has a Leadership Crisis

A 2023 law championed by Republicans requires the CDC have a director confirmed by the Senate. For months, though, it’s had only acting directors—and the White House won’t say when that will change.

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Everything is gambling now: the latest news on prediction markets like Polymarket and Kalshi
Technology
The Verge

Everything is gambling now: the latest news on prediction markets like Polymarket and Kalshi

Prediction markets will let you bet on just about anything, from how many tweets Elon Musk will post this week to the next president of the United States, with predictions sometimes showing shockingly (or suspiciously) spot-on accuracy. Polymarket’s CEO Shayne Copland has even claimed that prediction markets are “the most accurate thing we have as mankind right now.” However, these platforms blur the lines — in terms of both function and regulation — between gambling and stock trading. As Bloom

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