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Epic Games confirms it is laying off 16% of its workforce, or about 830 people, and intends to divest from Bandcamp and spin off “kid-tech” company SuperAwesome (Ash Parrish/The Verge)

Ash Parrish / The Verge: Epic Games confirms it is laying off 16% of its workforce, or about 830 people, and intends to divest from Bandcamp and spin off “kid-tech” company SuperAwesome  —  Bloomberg reports that Fortnite developer Epic Games is expected to lay off 16 percent of its workforce.

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SpaceX inks first Space Force deal for government-focused Starshield satellite network

Image: The Verge SpaceX has won its first contract with the US Space Force to provide satellite communications via Starshield, Bloomberg reports. Announced last December, SpaceX describes Starshield as a “secured satellite network for government entities,” offered alongside its civilian-focused Starlink satellite internet service. Bloomberg notes that the Starshield services will be provided over SpaceX’s

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Google patches a zero-day in Chrome that was exploited by a commercial spyware vendor, just two days after it was reported by Google’s Threat Analysis Group (Carly Page/TechCrunch)

Carly Page / TechCrunch: Google patches a zero-day in Chrome that was exploited by a commercial spyware vendor, just two days after it was reported by Google’s Threat Analysis Group  —  Google has rushed to patch a zero-day vulnerability in Chrome that was exploited by a commercial spyware vendor.

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Epic Games cuts around 830 jobs

Illustration: Alex Castro / The Verge Bloomberg reports that Fortnite developer Epic Games is expected to lay off 16 percent of its workforce. In a statement from Tim Sweeney, Epic has confirmed the layoffs will impact around 830 employees. He wrote that the company intends to divest from Bandcamp — an independent music storefront company

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New York City-based Transfr, which provides businesses with VR training tools, raised a $40M Series C led by ABS Capital, bringing its total funding to $90M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: New York City-based Transfr, which provides businesses with VR training tools, raised a $40M Series C led by ABS Capital, bringing its total funding to $90M  —  Transfr, a startup creating VR tools for training and career development, today announced that it raised $40 million in a Series C round led

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Report: Bank for International Settlements and French, Swiss, and Singaporean central banks successfully tested cross-border wholesale CBDC trading using DeFi (Camomile Shumba/CoinDesk)

Camomile Shumba / CoinDesk: Report: Bank for International Settlements and French, Swiss, and Singaporean central banks successfully tested cross-border wholesale CBDC trading using DeFi  —  The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.

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Reddit removes the ability to opt out of ad personalization based on Reddit activity but says users will still have opt-out controls in “select countries” (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch: Reddit removes the ability to opt out of ad personalization based on Reddit activity but says users will still have opt-out controls in “select countries”  —  Reddit said Wednesday that the platform is revamping its privacy settings with an aim to make ad personalization and account visibility toggles consistent.

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