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Facebook shifts focus from news to creator economy amid TikTok threat

Threatened by the surge in its TikTok user base, Meta is changing its focus from news to building a creator economy and has reportedly reallocated resources from Facebook News and newsletter platform Bulletin towards generating more video and entertainment content.According to The Wall Street Journal, Facebook executive Campbell Brown has told employees that the engineering and product teams at Facebook would, in future, spend less time on news and bulletins to "heighten their focus on building a more robust creator…

SK Hynix Shifts Away From Japanese Input Material With Korean Product

South Korea's SK Hynix has started using a high-tech material from a Korean supplier in its chipmaking process, a company official said on Wednesday, shifting away from a Japanese product for the first time.A SK Hynix official said it had selected an unnamed Korean company to supply high-purity hydrogen fluoride (HF), which is used in etching silicon materials and cleaning chips.South Korean chipmakers have been looking for ways to cut their reliance on Japanese materials since Japan imposed curbs on exports of key input…

Recession Fears, Trade Shifts Whipsaw Global Grain Markets

Growing fears of a global recession and easing concerns over world food shortages are reversing a sharp rally in grain markets, but pressure on food supplies could linger for years, executives and agricultural economists say.Prices for agricultural commodities such as corn and wheat have tumbled in recent weeks following a monthslong surge touched off by Russia’s invasion of Ukraine in late February. War between the two agricultural giants drove futures prices for wheat at the Chicago Board of Trade up by $4 a bushel in…

Small Businesses in Texas Plot Next Moves as Abortion Law Shifts

After a draft of the Supreme Court’s decision to overturn Roe v. Wade became public, Max Hoberman spoke to attorneys for the independent videogame company he runs about covering travel costs for employees if they needed to leave Texas to get an abortion. The lawyers warned of legal risks, so Mr. Hoberman made another offer: The company, Austin-based Certain Affinity Inc., would help some employees move out of the state for good. Ron Horne, CEO…

Windows 12 Could Come in 2024 as Microsoft Shifts Update Plans

Windows 11Image: MicrosoftMicrosoft is once again shifting the Windows update release schedule. Not long after committing to a once-a-year feature update, the company is now considering releasing a single significant update every three years with up to four smaller feature drops sprinkled in between, according to a Windows Central report.The recent shift from a twice-a-year cadence to one large update was largely well-received, given the performance issues and bugs that frequently plagued prior releases. It also meant IT

FaZe Clan Is Going Public—Just as the Creator Economy Shifts

FaZe Clan is a powerhouse that's on track to do the unthinkable for an esports organization: go public as a NASDAQ-listed company. Later this year, you might be able to diversify your investment portfolio by adding “FAZE” to the mix.While FaZe Clan members compete in esports tournaments and play Call of Duty on Twitch, the company’s not-so-secret sauce is its high frequency of brand deals. Moving beyond obvious collaborations like headphones and gaming keyboards, FaZe Clan has recently helped sell everything from Nissan…

Red Dead Online won’t get ‘major’ updates as Rockstar shifts to the next mainline GTA game

Red Dead Online will no longer receive “major themed content updates” in part because Rockstar Games is pulling resources into the next Grand Theft Auto title, the studio said Thursday. Fans have wondered if Red Dead Online has been abandoned, and while the game isn’t being shut down, Rockstar won’t be making as much content for it moving forward. “Over the past few years, we have been steadily moving more development resources towards the next entry in the Grand Theft Auto series — understanding more than ever the…

WB Announces Release Date for Godzilla vs Kong 2, Shifts Dune 2

The sequels to Dune and Godzilla vs. Kong have new release dates.Image: Warner Bros.If you already had plans to see Denis Villeneuve’s highly anticipated Dune: Part Two on October 20, 2023, you might want to put a pin in that. Warner Bros. has shifted the sci-fi epic a few weeks and it’ll now arrive in theaters on November 17, 2023.Surviving characters from the original film, played by the likes of Timothée Chalamet, Zendaya, Javier Bardem, and Rebecca Ferguson, are all expected to return along with newcomers played by

Night Shift Changes How Doctors Give Pain Relief, Study Reveals

Doctors are less likely to prescribe pain medication at the end of a long night shift than they are at the start, a new study reveals – perhaps pointing to a lower level of empathy for patient pain when physicians are themselves feeling worn out.  Researchers behind the study are calling for hospitals to do more to manage the schedule and the workload of health professionals, so that clinical decisions aren't affected by fatigue in these kinds of ways.Even just making physicians aware of potential bias at the end of…