AI is supercharging people’s productivity: Melanie Perkins, CEO of Canva

AI Roundup: Morgan Stanley analysts predict that the adoption of artificial intelligence (AI) could prove to be beneficial for Microsoft's Xbox and Sony's PlayStation. In a separate development, Paytm founder and CEO Vijay Shekhar Sharma announced plans to invest Rs. 300 crore in India's AI and electric vehicle sectors through the VSS Investments Fund. Moreover, Canva introduced AI-powered K-12 education products as part of its Canva for Education platform.

An important phase in the Indian Space Research Organization's Gaganyaan mission came to fruition today, October 21, as the space agency successfully launched its test vehicle into space from the Satish Dhawan Space Centre in Sriharikota. The Gaganyaan mission test flight checks an important fail-safe mechanism to gauge whether the spacecraft can abort the mission mid-air and still safely bring back the crew or not.

Meta Platforms' Facebook app faced a brief outage including in India, but is now back up. Many users reported that they were not being able to post any updates for a while and the same was reported by Downdetector with a sudden spike in number of problem reports being submitted by some fuming users.

AMD's CEO Lisa SU has reportedly stepped down from the "board of directors" position at Cisco, after serving for three years as a vital member.

Unity's audacious plan to charge developers for the privilege of players installing their games has hit an unforeseen snag, with the announcement that CEO and architect of the scheme, John Riccitiello, will conveniently be retiring, effective immediately.

The INDIA Alliance has written a scathing letter accusing the CEOs of Google and Meta Platforms, Sundar Pichai and Mark Zuckerberg respectively, that their platforms YouTube, Facebook, and WhatsApp are “aiding communal hatred”. The letter, which was signed by leaders from different political parties under the INDIA bloc also urged that the platforms should maintain neutrality in the upcoming elections. The letter came after the Washington Post newspaper highlighted the alleged bias of Facebook, WhatsApp, and YouTube towards the ruling BJP party and the current Prime Minister Narendra Modi.

Unity CEO John Riccitiello has retired — effective immediately, as of Monday — as president, chief executive officer, chairman, and member of the company’s board of directors, according to a news release from the game engine developer. The move comes weeks after the disastrous announcement of Unity’s new “Runtime Fee” pricing model attracted widespread condemnation across the game development community, and necessitated a swift climbdown from the company.

Unity has not been in a lot of indie developer’s good books lately. The controversial new fee caused many to turn their back on the development toolkit and its creator. Following on from this, Unity CEO John Riccitiello has now decided to leave the company.

It was confirmed yesterday (Monday, October 9) that Unity's president, CEO, chairman, and member of the company's board of directors, John Riccitiello, is retiring from his roles, effective immediately. This comes just weeks after the company announced its controversial Runtime Fee for certain users of its game engine — a decision that’s received significant backlash from developers.

Veteran industry executive John Riccitiello is retiring from Unity.

Unity CEO John Riccitiello has announced that he’s retiring from the company effective immediately. The news comes almost a month after the company announced plans to introduce a controversial install fee for developers, which resulted in an industry-wide backlash.

Unity CEO John Riccitiello is departing Unity. The company has announced that the longtime game industry executive is stepping down as president and CEO of the 3D engine developer. According to Unity, James M. Whitehurst will assume the role of interim CEO and president of the company.