Tencent has reportedly shut down Team Kaiju, a subsidiary of TiMi Studio Group.
27.11.2023 - 17:25 / tech.hindustantimes.com
Alibaba Quantum Computing Lab has been shut down, a sign that the Chinese e-commerce and cloud operator is considering more cutbacks to bulk up the bottom line. Alibaba will donate its equipment to Zhejiang University in Hangzhou, where the company is based, a company spokesperson said Monday. The lab's closure will result in the loss of about 30 staff, some of whom Alibaba may help find positions at the same college, a person familiar with the matter said, asking to remain unidentified discussing private decisions.
China's e-commerce leader is in the middle of an overhaul spearheaded by Joseph Tsai and Eddie Wu, two confidantes of co-founder Jack Ma who took over the company in September. This month, the pair announced they were killing the much-anticipated spinoff and listing of the cloud services division, an about-face that spurred speculation about other changes to Alibaba's long-term roadmap.
Before that surprise decision to shut down the Alibaba Quantum Computing Lab, the firm was in the midst a complicated six-way split that would break the company up into component businesses from commerce and entertainment to logistics.
Last week, Tsai and Wu took the first steps toward revamping the cloud arm, which has been bleeding market share to state-backed rivals. The company appointed three new executives to head up major business lines within Alibaba Cloud, with two reporting directly to Chief Executive Officer Wu.
The DAMO Academy — which Ma himself inaugurated with much fanfare in 2017 — was supposed to be Alibaba's “moonshot” division, responsible for exploring and delivering on cutting-edge technologies. The academy has driven research into fields as disparate as the metaverse, robots and semiconductor design.
Chinese media outlets first reported the lab shutdown. To keep a lid on costs, Alibaba has downsized its workforce since 2022 and has laid off more than 30,000 employees in past quarters.
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Tencent has reportedly shut down Team Kaiju, a subsidiary of TiMi Studio Group.
Ubisoft will shut down its massive open world racing game The Crew in March after more than nine years. The other two entries in the series, The Crew 2 and The Crew Motorfest , will continue getting support and new content.
After seeing a few of The Day Before’s gameplay trailers, one indie dev decided to make a ‘parody’ trailer of their own to see how quickly they could whip up a video that captured a similar degree of promise. But when that project began, they couldn't have known what would eventually happen to The Day Before, and how much it would fail to live up to that promise.
Rocket Arena, the multiplayer rocket-powered shooter, developed by First Strike Games as an EA Originals title, was removed from sale last month without warning or a word on why, as reported by RockPaperShotgun. Now, roughly a month later, First Strike Games has announced Rocket Arena will be sunset and its servers shut down in March.
When competing with Samsung for vertical foldables, Oppo has always gone with more. More screen space, more cover display, more camera. While doing all of this, the Chinese smartphone brand has also gone with a more refined hinge, all of which worked in favour of the Oppo Find N2 Flip when I compared it with the Galaxy Z Flip 4 early this year—a few months on, Motorola released its Razr 40 Ultra, which offered a radical design with an edge-to-edge cover display (and embedded cameras) along with features like an IP rating and wireless charging. A few months later, Samsung launched a refreshed Galaxy Z Flip 5, which followed the trend set by Motorola and offered a large, squarish cover display but fell short on execution with badly optimised software.
Ubisoft has delisted its online-only racing game The Crew as it winds down post-launch support for the title, with servers confirmed to shut down early 2024.
Temu, the Chinese e-commerce company whose app is now attracting longer engagement times than Amazon, is Apple’s most downloaded free app in the U.S. for 2023. The Cupertino-based tech giant today released an App Store feature that showcases the top iPhone apps of the year, free and paid, as measured by app installs — its proxy for overall popularity. This year, apps from Chinese-based companies have taken over spots previously held by U.S. tech giants like Meta and Google, as CapCut and TikTok, which hail from Beijing-based ByteDance, came in at No. 3 and No. 5, respectively.
Back in 2021, Free Radical Design was brought back from the dead to work on a new Timesplitters game. Today, the industry has been hit with more layoffs as news trickles out that Free Radical Design has been shut down by parent company Embracer. This follows a string of studio shut downs by Embracer following a $2bn deal falling through. That includes the closure of Saints Row developer Volition.
Embracer Group’s brutal company-wide cutbacks are continuing, and Free Radical Design is the latest studio to suffer the chopping block. Reports indicated last month that Embracer was considering shuttering the TimeSplitters studio just two years after its re-establishment, while later in November, it emerged that Free Radical was facing closure before Christmas.
Back in 2021, Free Radical Design was brought back from the dead to work on a new Timesplitters game. Today, the industry has been hit with more layoffs as news trickles out that Free Radical Design has been shut down by parent company Embracer. This follows a string of studio shut downs by Embracer following a $2bn deal falling through. That includes the closure of Saints Row developer Volition.
By Jon Porter, a reporter with five years of experience covering consumer tech releases, EU tech policy, online platforms, and mechanical keyboards.
With Genshin Impact, Honkai Impact 3rd studio Hoyoverse managed to spin its gacha playbook into a free-to-play RPG with a premium feel, and now another Chinese giant is seemingly trying to do the same. Arknights: Endfield is a new "strategic" open-world action RPG based on the tower defense hit of the same name, and with a PS5 release now confirmed alongside PC, it's following Genshin's footsteps almost to the letter.