business

AppWizard
November 8, 2024
Google has launched an AI-powered video creation tool called Google Vids, initially exclusive to Gemini customers but now available to a broader audience within Google Workspace, including Business, Enterprise, and Education plans. The tool features "Help me create," which allows users to generate a storyboard by providing a prompt and a Google Drive document. It offers suggestions for scenes, stock media, text, scripts, and background music to create a preliminary video draft. Users can personalize their videos with animations, transitions, and access to royalty-free stock content. Google Vids also includes AI-powered voiceovers, with preset voices and a teleprompter feature for recording custom voiceovers. Currently, the AI features are available only in English, with plans for future language support. The AI features will be available until December 31, 2025, after which usage limits may apply, and Google will notify users of any changes. The full rollout of Google Vids is expected in the coming weeks.
AppWizard
November 8, 2024
Sega has divested from Amplitude Studios, confirmed in their financial report for the six months ending September 30th. Amplitude Studios underwent a management buyout, regaining independence after being acquired by Sega in 2016. Sega reported an extraordinary loss of approximately ¥5.9 billion (.7 million) for the second quarter due to this divestiture, part of a broader restructuring that included layoffs at Creative Assembly and the separation from Canadian developer Relic. For the six months ending September 30th, 2024, Sega reported a 4.5 percent decline in net sales to ¥211.7 billion (.4 billion) and an 18.1 percent decrease in operating income to ¥32.8 billion (4.9 million). Amplitude Studios expressed enthusiasm about their independence and commitment to their core values of creativity, innovation, and community collaboration.
AppWizard
November 8, 2024
Warner Bros Discovery's video games division is facing significant challenges, described as "substantially underperforming," with losses exceeding 0 million due to underperforming titles. The free-to-play game MultiVersus has been particularly problematic. CEO David Zaslav acknowledged the need for more consistent performance from the games business and identified four strong and profitable franchises: Hogwarts Legacy, Mortal Kombat, Game of Thrones, and the DC Universe, particularly Batman. The company plans to recalibrate its strategy by focusing on these core franchises and leveraging the strengths of proven studios.
AppWizard
November 8, 2024
The realme GT 7 Pro, powered by Qualcomm's Snapdragon 8 Elite chip, has demonstrated the capability to run AAA PC games like Assassin’s Creed Black Flag at 60 frames per second with a GPU usage rate of around 70%. Videos have also shown the device running Assassin’s Creed Rogue and Grand Theft Auto V. The gaming performance is facilitated by an upcoming application called GameFusion, which is designed for running demanding games on mobile devices. The developers of GameFusion have faced scrutiny for past work on the EggNS emulator and have introduced a paid subscription model. There is an ongoing partnership with GameSir, and details about GameFusion's availability and business model are currently unclear.
AppWizard
November 7, 2024
Take-Two Interactive reported net bookings of .47 billion for the second quarter of fiscal year 2025, within its projected annual target of .55 to .65 billion. The company attributed its success to the popularity of its franchises, particularly Grand Theft Auto and Borderlands. Grand Theft Auto 5 has sold over 205 million units globally, and Grand Theft Auto Online's membership in the GTA+ service has grown by 35% over the past year. Red Dead Redemption 2 has sold over 67 million units. The anticipated release of Grand Theft Auto 6 is expected in the fall of 2026 at the earliest. The recent Borderlands film has been criticized but positively impacted catalogue sales.
Tech Optimizer
November 7, 2024
Microsoft's Windows Security suite, also known as Windows Defender, has evolved since 2006 into a more robust security tool. However, it has limitations: 1. Web protection is limited to Microsoft Edge, with the SmartScreen feature not available for Chrome or Firefox users. 2. There is no built-in VPN; a VPN service is only available through a paid Microsoft 365 subscription with a 50 GB monthly data cap. 3. It lacks an integrated password manager, leaving users to rely on third-party solutions for password management. 4. For business users, it does not provide endpoint protection or automated response capabilities, which are essential for recovering from attacks like ransomware or DDoS. Microsoft offers Defender for Endpoint as a paid service, but many businesses may still need third-party antivirus solutions for comprehensive protection.
AppWizard
November 7, 2024
Meta's investment in WhatsApp has begun yielding substantial returns, with a 48% year-over-year increase in non-advertising revenue reported in Q3, largely due to WhatsApp's business messaging capabilities. This product enables companies to engage in paid conversations with customers, contributing to revenue growth since Q3 2022. Non-advertising revenue in Q3 was million, compared to .9 billion in ad revenue, but is growing at over twice the pace of advertising. Messaging products, including WhatsApp, Messenger, and Instagram Direct, are still in the early stages of monetization, with estimates suggesting messaging could account for around 10% of Meta's total revenue. A significant increase in content shared through direct messages has been noted, with a 100% year-over-year rise. Meta is also exploring revenue opportunities through sponsored messages and "click-to-message" ads. Generative AI is expected to enhance the messaging business's efficiency and potential revenue generation. User behavior is shifting towards sharing in direct messages rather than traditional feeds, prompting Meta to enhance its Messenger app with new features. Each messaging product serves different user bases and presents unique monetization opportunities.
AppWizard
November 7, 2024
Indie publisher Curve Games is expanding its presence in the Chinese market by establishing a dedicated business development unit, which will more than double its resources in the region. The company has partnered with Tencent's TiMi Studio Group to enhance its influence in the local gaming landscape. Curve's VP for Asia Publishing, Glenn Wang, noted the emergence of indie companies and the interest from various entertainment firms in content. Executive chair Stuart Dinsey highlighted the importance of the Asian market to Curve's strategy and announced the formation of a five-member team to secure new publishing deals. Curve's recent participation in Gamescom Asia in Singapore has increased confidence in the region's potential for indie publishers.
AppWizard
November 5, 2024
Radical Forge has secured an investment of £2.6 million from Mercia Ventures' Northern Powerhouse Investment Fund II, which will help create 15 new positions at their Middlesbrough studio and support the release of their game, Southfield, in early 2025. The investment follows earlier layoffs at the company. CEO Bruce Slater expressed enthusiasm about the funding and partnership with Mercia, while Chris McCourt from Mercia highlighted the potential for Radical Forge to attract talent and undertake larger projects amid industry downsizing.
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