Approximately 40 workersat Ubisoft’s Paris studio gathered Friday afternoon to strike for the rest of the day, a worker who attended the meeting tells Axios.
Why it matters: It was the first labor stoppage of its kind at the embattled publisher of Assassin’s Creed and Just Dance.
ByteDance, the Chinese maker of TikTok, is the world's most valuable startup. But in an era when tech industry share prices are falling and pink slips are flying, it may also be the world's most beleaguered startup.
Driving the news: TikTok CEO Shou Zi Chew has agreed to testify before the House Energy and Commerce Committee on March 23, his first-ever appearance before a Congressional committee.
Paradigm, a New York-based clinical trial tech platform, raised $203 million in Series A funding and acquired an oncology patient recruitment startup called Deep Lens.
Why it matters Clinical trial recruitment is a costly bottleneck for drug development, yet many patients struggle to access relevant trials. Thus a new class of matchmaking infrastructure startups like Paradigm, whose outsized bankroll could help it quickly catch rivals.
The overnight success of ChatGPT is kicking off a tech-industry race to bake AI into everyday products and decision-making with little oversight from government.
Why it matters: ChatGPT's uncanny ability to spit out stories, articles and recipes is heating up AI awareness and concerns, yet there's almost no effective U.S. regulation of the technology in place, raising fears it could promote bias, misinformation, fraud and hate.
Fidelity has marked down the value of its Twitter stock by more than 60% since Elon Musk acquired the company at the end of October, according to new disclosures.
By the numbers: Fidelity, which helped Musk finance his $44 billion takeover, slashed the carrying price of its shares by 9.58% between the end of November and the end of December.