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TECH - What's New In Consumer Tech World Last Week? News That You Should Know (May 5-May 11 2024) | Benzinga

Here’s what happened in the world of consumer tech in the last week:

After ditching its electric vehicle plans, Apple Inc. (NASDAQ:AAPL) could rekindle interest in the segment if rumors are anything to go by. A report said late Monday that Cupertino was in talks to forge a partnership with Rivian Automotive, Inc (NASDAQ:RIVN). 

President Joe Biden and Microsoft President Brad Smith are set to announce a significant $3.3 billion investment in Wisconsin, a move that contrasts with former President Donald Trump’s failed tech project in the same state.

According to media reports, the sensitive details of an undisclosed number of active U.K. military personnel have been compromised in a major breach of data security and the Chinese state was behind the cyber attack.

Tech

In the latest development, Microsoft Corp. (NASDAQ:MSFT) is under scrutiny from a Spanish startup group, which has filed a complaint against the tech giant’s cloud practices. This marks another challenge for Microsoft’s rapidly expanding cloud computing services.

The media relations chief of web search giant Baidu Inc. (NASDAQ:BIDU), known as China’s Google, has apparently resigned due to the controversial and demanding “996” work culture in the Asian country.

Daniel McKinnon, who worked at Meta from 2018 to 2022 and later at Google for two years before returning to Meta in February to work on the company’s Ray-Ban AI glasses, highlighted the differences between the two tech giants in a blog post last month.

Gaming

Microsoft is shuttering several Bethesda studios and merging at least two — Roundhouse Games and ZeniMax Online Studios — sending shockwaves through the gaming industry.

Also, Microsoft abruptly halted Redfall’s development, cancelling DLC, including an offline mode. Despite promises and assurances, Redfall’s troubled history, marked by criticism and slow updates, reflects broader challenges faced by Xbox.

Microsoft secured agreements to add Lords of the Fallen and Sniper Ghost Warrior Contracts 2 to its Game Pass subscription service. Confirmation of this deal came from CI Games in a financial note on May 3, though Microsoft has yet to make an official announcement.

Following Microsoft’s acquisition of Activision Blizzard, there was speculation about whether the tech giant would continue releasing first-party games such as Call of Duty on Xbox Game Pass simultaneously with official release dates.

Final Fantasy 14, the Final Fantasy installment, a massively multiplayer online role-playing game (MMORPG) developed by Square Enix Holdings Co. is under a global Distributed Denial of Service (DDoS) attack

Japanese multinational consumer electronics and video game company Nintendo has announced plans to unveil a successor to its popular Switch console during the fiscal year ending March 2025.

Nintendo also said it will no longer support X/Twitter integration on Switch as of June 10, mirroring similar actions by PlayStation and Xbox in 2023.

Also ReadHades 2 Surges In Steam Early Access, Doubling Predecessor’s Player Base Overnight

During Electronic Art’s (NASDAQ:EA) quarterly earnings call, CEO Andrew Wilson announced the development team for the upcoming Battlefield game was the largest in the franchise’s history. The next Battlefield installment announcement is anticipated in 2024, as the company confirms the final season for Battlefield 2042.

Fans of the Grand Theft Auto series were sent into a frenzy when the Rockstar Games website briefly revealed placeholder spots for four screenshots, cover art, and a release date for GTA 6.

Music & Streaming Platform

Spotify Technology SA (NYSE:SPOT) is intensifying its legal battle with Apple in the European Union, with the European Commission ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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