Impending End of Russia-US Nuclear Deal: No Successor in Sight

Russia military parade showcasing weaponry

Russia Displays Military Might at Moscow Parade

Image Credit: Mikhail Svetlov/Getty Images

As of February 2026, the world faces a historic moment: for the first time in decades, there will be no active treaty regulating the nuclear arsenals of the United States and Russia. While experts are divided over the effectiveness of the New START Treaty in enhancing global security, there’s a consensus that establishing a successor treaty is improbable.

The United States and Russia initiated their nuclear arms reduction efforts with the START I treaty in 1991, which evolved into the New START in 2011. In 2021, Presidents Joe Biden and Vladimir Putin agreed to extend the treaty by five years, but this agreement expired on February 5, 2026, and negotiations for a new treaty have stalled.

Tensions escalated significantly between the U.S. and Russia following the full-scale invasion of Ukraine in 2022. Shortly after, Russia was excluded from crucial weapons inspections, leading to U.S. retaliation. Currently, discussions are emerging about potential nuclear tests from both countries, though many see these as mere posturing devoid of real substance. The likelihood of a New START replacement treaty appears dimmer than ever.

Mark Bell, a professor at the University of Minnesota, argues that a new treaty limiting the U.S. arsenal to match that of Russia’s would be unattractive to the U.S. This is largely due to concerns over needing a robust deterrent against both Russia and the increasingly nuclear-capable China, which currently has 600 nuclear weapons. While this is significantly fewer than the 5,000 plus weapons possessed by the U.S. and Russia, China’s nuclear capabilities are rapidly growing. Russia is unlikely to accept any proposal that would limit its arsenal to numbers inferior to the U.S.’s, and China would resist agreements that restrict its future growth to parity with these powers. Negotiating a new treaty is fraught with complications from the outset, Bell asserts.

Historically, START I and New START are viewed as successful frameworks. Though not flawless, they have contributed to stability. However, Bell expresses skepticism regarding their true impact on global safety. He notes, “Could they have saved both superpowers some money? Perhaps. Did they provide a platform for cooperation? Certainly. But did they fundamentally alter the risk of war? I don’t think so.”

Regardless of treaty status, the threat of nuclear war persists, according to Bell. He suggests that the concept of mutually assured destruction serves as our current safeguard against nuclear conflict. “The fear of catastrophic consequences, rather than treaties, is what may deter warfare. This stabilizing factor stems from danger itself, which is an intrinsic aspect of nuclear deterrence,” he elaborates.

Conversely, some experts are more concerned about the implications of losing the treaty. Steven Herzog, a scholar at the Middlebury Institute of International Studies in Monterey, California, and former U.S. Department of Energy arms control specialist, remarked to New Scientist that the absence of New START heightens the risk of nuclear warfare.

“A lack of transparency makes global security fragile by spurring unchecked competition among leaders who might resort to nuclear capabilities,” Herzog warns. “In an environment where Russia’s unpredictability is escalating and the U.S. administration is equally volatile, it’s alarming that we lack essential measures for confidence-building and transparency that could temper an arms race.”

Although various treaties addressing nuclear weapons exist, the ambitious Treaty on the Prohibition of Nuclear Weapons seeks to eliminate nuclear arms completely yet lacks participation from many nuclear-armed nations. Furthermore, while several states have ratified the Treaty on the Non-Proliferation of Nuclear Weapons, it does little to curb the existing arsenal. New START remains the only treaty that held nuclear powers accountable.

Herzog believes that both Donald Trump and Vladimir Putin could potentially reach a similar agreement if they desired. Indeed, President Putin’s proposal for an unofficial one-year extension was positively received by President Trump. However, concrete negotiations are absent, and any such accord would likely serve as a temporary fix rather than a long-term solution.

Philip Bleek, a researcher at the Middlebury Institute of International Studies, expresses that while extending the treaty could be beneficial if it allowed time for negotiating a new agreement, the long-term prospects for arms control remain bleak. “A one-year extension may lead Russia to feel their financial stake is wasted, making them less likely to engage in future talks,” he explains.

Treaty negotiations are intricate battles involving political leaders, military strategists, and intelligence officials striving for even marginal strategic advantages. Herzog notes that Russia could be at an advantage since significant personnel, such as weapons inspectors and negotiators, have been dismissed or forced out by the Trump administration.

“If we are serious about negotiating a new treaty, we likely won’t have the staffing or resources available to do so,” Herzog concludes.

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Source: www.newscientist.com

US-Russia Nuclear Deal Set to Expire in 2026: What’s Next Without a New Agreement?

Russia military parade showcasing weaponry

Russia Demonstrates Military Might at Parade

Mikhail Svetlov/Getty Images

By February 2026, the absence of any active treaty limiting the nuclear arsenals of the U.S. and Russia marks a significant turning point. While opinions on the effectiveness of the New START Treaty vary, there is a consensus that a successor treaty appears improbable.

The inception of nuclear weapons limitations began with the 1991 START I treaty, which laid the groundwork for inspections and reductions, leading to the New START agreement in 2011. In 2021, U.S. President Joe Biden and Russian President Vladimir Putin extended this treaty for an additional five years. However, discussions for alternatives have stalled since the February 5 deadline.

Tensions between the U.S. and Russia escalated dramatically following Russia’s full-scale invasion of Ukraine in 2022. Shortly thereafter, Russia excluded itself from weapons inspections, prompting U.S. retaliation. While both nations contemplate resuming nuclear testing, such discussions appear more performative than productive. The odds of a New START successor seem dimmer than ever.

Mark Bell, a professor at the University of Minnesota, indicates that the prospect of a new treaty that limits U.S. arsenals to match those of Russia is unappealing, given concerns about deterring both Russia and an increasingly assertive China. Although China has approximately 600 nuclear weapons, it is rapidly expanding its capabilities. Conversely, Russia may resist accepting any cap that allows it fewer nuclear arms than the U.S. Additionally, China is likely to oppose any deal that limits its growth toward parity with the U.S. and Russia. Bell describes these negotiations as complicated, making it a challenging starting point.

START I and New START are acknowledged as largely beneficial, providing a stabilizing effect on international relations. However, Bell expresses skepticism regarding their overall impact on global safety. “They may have saved some costs for both superpowers and fostered a collaborative forum, but I doubt they fundamentally altered the risk of war,” he notes.

Irrespective of the treaty status, the risk of nuclear conflict remains high, according to Bell. He argues that the concept of mutually assured destruction serves as a deterrent, emphasizing that it is the dire repercussions of nuclear warfare—rather than treaties—that may prevent hostilities. “This stabilizing effect derives from the inherent dangers and is a characteristic of nuclear deterrence,” he explains.

Yet, some experts voice deep concern over the end of the treaty. Steven Herzog, a scholar from the Middlebury Institute of International Studies and former arms control advisor, told New Scientist that the expiration of New START will heighten the risk of nuclear conflict.

“Lack of transparency in nuclear weapons development makes the international landscape less secure, fostering unchecked competition among leaders potentially reliant on nuclear arms,” Herzog cautions. “In an era where both Russia and the U.S. appear increasingly unpredictable, the absence of critical confidence-building measures raises alarming concerns about an arms race.”

Several treaties related to nuclear weapons remain in effect, including the Treaty on the Prohibition of Nuclear Weapons, which seeks to eliminate these armaments but lacks participation from nuclear-armed states. While some nuclear powers have signed the Treaty on the Non-Proliferation of Nuclear Weapons, it does little to restrict the actual number of weapons available. New START represented the only effective framework addressing nuclear power responsibilities.

Herzog asserts that if both Donald Trump and Vladimir Putin desired a similar agreement, a rapid consensus could be achievable. Previously, President Putin made a proposal that President Trump positively received regarding an unofficial extension. However, no formal negotiations are happening at present, and any potential agreement would likely only serve as a temporary fix.

Philip Bleek, a researcher at the Middlebury Institute, notes that persisting in negotiations could be valuable if additional time enables a new treaty’s creation. However, the long-term outlook for arms control appears grim. “A short-term extension could result in Russia feeling its participation isn’t necessary, reducing its willingness for future involvement,” advises Brig.

Negotiating treaties involves complex interactions among political figures, military branches, and intelligence communities, with potential for nabbing minor but critical strategic advantages. Herzog points out that the Trump administration has already diminished the number of essential personnel involved in inspections and negotiations.

“If we aim to pursue a new treaty seriously, our current staffing and resources may not be sufficient,” Herzog concludes.

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Source: www.newscientist.com

Do Digital Board Games Match the Fun of the Real Deal? Spoiler: Not Even Close

I don’t engage with video game adaptations of traditional board games. Why is this the case? The appeal of video games lies in their speed, visual appeal, and reduced reliance on other players compared to classic games that use dice or cards. However, after my recent family board game night was hindered by scheduling conflicts and familial tensions, I chose to test out some board games on my iPhone that Saturday evening.

I began with Uno, a cherished family favorite. We still play with the Simpsons Uno set we purchased years ago—a simple, comforting card game. The iOS version differs significantly, introducing a three-minute time limit per round, which adds a layer of urgency beyond just strategy. While I appreciate this twist, I find myself missing the lively family interactions (and the fierce shifts in loyalty) of the in-person version. It just doesn’t compare to sending silly faces to MoshOnion933. Believe me, I tried.

Next, I jumped into Yahtzee With Buddies. It’s one of the few games I enjoy that my family doesn’t share my enthusiasm for. I appreciated the fresh spin that highlighted multipliers for specific scoring categories, and I enjoyed unlocking the various dice and treasures. Yet, I soon realized these were merely gateways to microtransactions, complete with a pop-up urging me to buy more rolls just as I was 16 seconds away from achieving Yahtzee. The final straw was when scratch cards started appearing, a sneaky form of gambling reminiscent of the old FIFA packs.


Fever Dream…Monopoly GO. Photo: Scopely/Hasbro

Monopoly Go is even more frustrating. The overwhelming number of beeps and chaotic graphics gave me a headache. Land on a space, and you’ll find yourself assaulting other players’ properties with wrecking balls, only for them to defend with characters like Baby Yoda. It’s like a surreal Monopoly experience, resembling the kind of game you might be forced to endure by a malevolent antagonist.

Opting for the “Triple” option allows you to roll three dice, with the reward being tripled. This, however, leads to faster depletion and microtransaction traps, akin to a slot machine experience. You can even set it to autoplay and passively observe the distracting graphics, much like being trapped inside a retro washing machine. It hardly feels like a game; rather, you’re a landmark in a colorful reset where you spend real money to watch an artificial score fluctuate. Only someone who thinks Mrs. Brown’s Boys is hilarious would consider this fun.

I expected The Game of Life to be similar, but I was pleasantly surprised!

The familiar choices are back: Career or college? Married or single? One child or four? Costs have increased, and you now need to pay $20,000 upon marriage. We just acquired a pasta maker! Tax is only assessed if you land on certain squares, meaning you’ll only pay if you have bad luck. Ah, the life of a billionaire! I wish I could find the original game’s spinner, the second-best piece of equipment in board gaming history (nothing can top the Pop-O-Matic, akin to bubble wrap).


Des re…The Game of Life. Photo: Anadolu/Getty Images

In my subsequent game, I prioritized my career over having children and ended up significantly wealthier. This isn’t merely a game; it’s a highly detailed simulation of life. I’ve avoided playing games because it feels disheartening to see how simple success can be in their version of life. And being in my 50s, I crave something with more complexity.

Then, I remembered chess—the board game where computers excel. I downloaded Zach Gage’s Really Bad Chess to explore if someone could really reinvent this classic by 2025.

I loved his “Pocket Run Pool,” which brilliantly combines ball-hitting with exciting new features. His chess adapts the classic game with a clever premise: random piece placements and numbers. This results in matches where, at times, you may have four queens facing off against three knights and a pawn, liberating chess from its conventional openings and predictability.

We achieve the extraordinary with a version of chess that demands deeper thought. More. As you progress, the difficulty ramps up with AI opponents controlling prime pieces. It’s a delightful experience.

Perhaps the less social facets of board games make computers more beneficial to us. The only individuals who converse while playing chess are the villains from films. I wonder if a microtransaction Chess Go! will surface—there’s likely some entity trying to ruin everything out there.

Source: www.theguardian.com

Trump Claims Rupert and Lachlan Murdoch Are Involved in Our TikTok Deal

Rupert Murdoch and his son, Lachlan Murdoch, are expected to acquire TikTok in the US, as Donald Trump mentioned during an interview on Sunday.

In an interview with Peter Doocy at Fox News’ Sunday briefing, the president was asked about the app’s sales status. Officials from the Trump administration indicated that transactions involving China-owned social media platforms are forthcoming, resulting in some confusion regarding the status of the contract.

Trump stated that moguls Larry Ellison and Michael Dell were participating in the deal, adding:

“Rupert will likely be part of the group. I believe they will join the team. They are fantastic individuals, well-known in their fields, and they are true American patriots. They care about this country, which will ensure they perform admirably.”

Part of these transactions includes Fox Corporation as one of TikTok’s investing entities. According to a report by CNN on Sunday, Rupert and Lachlan are not participating as individual investors.


Representatives from Fox, which is owned by Rupert Murdoch and led by his son Lachlan Murdoch, did not respond to a request for comment. Trump’s remarks followed his lawsuit against Rupert Murdoch’s Wall Street Journal regarding the publication revealing that he wrote crude poems and graffiti for a book edited for Jeffrey Epstein’s 50th birthday back in 2003.

In 2024, Congress enacted a law banning TikTok, owned by the China-based company ByteDance, unless it was sold to a US entity, citing national security and privacy issues. The Trump administration delayed the law and extended the deadline for the transfer multiple times. Currently, the app has approximately 170 million users in the US, and feels Trump contributed to his re-election in 2024 on Sunday.

White House Press Secretary Caroline Leavitt reported to Fox News on Saturday that six Americans will hold seats on the company’s seven-member committee, managing data and privacy through Oracle, Ellison’s firm. Leavitt indicated that the US also governs data and algorithms for American applications.

“This deal prioritizes America,” Leavitt affirmed on Saturday. “Let me clarify: this transaction ensures that TikTok is predominantly owned by Americans.”

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Source: www.theguardian.com

Trump Hails TikTok Deal as Beijing Proposes Chinese Algorithm Use for Apps

Donald Trump contends that, in light of the uncertainty surrounding the final agreement, Tiktok is aiming to keep operating in the US while Beijing retains control over the algorithms that govern the platform’s video feed.

“There’s a deal concerning Tiktok. A number of major companies are interested in purchasing it,” Trump stated on Tuesday, though he did not provide further specifics.

The agreement, reportedly negotiated between US Treasury Secretary Scott Bescent and a Chinese deputy prime minister in Madrid, is said to involve transferring US assets of the social media platform from Chinese ownership to new American proprietors.


A key concern revolves around the fate of Tiktok’s influential algorithms that contribute to its status as one of the top online entertainment sources globally.

At a press briefing in Madrid, the deputy head of China’s cybersecurity regulator indicated that the framework for the agreement would entail “algorithm licenses and other intellectual property rights.”

Wang Jingtao noted that Bytedance will “contract Tiktok’s US user data and content security operations.”

Some analysts interpret these remarks to mean that the US spinoff of Tiktok may still possess the Chinese algorithm.

During a discussion at the Supreme Court in January, Tiktok’s lawyer informed the judge of the challenges in selling the platform to US companies, citing Chinese laws that restrict the sale of its algorithms, which are critical to the success of social media platforms.

US officials have previously expressed concerns that the algorithms determining user content could be susceptible to manipulation by the Chinese government.

Tiktok has countered that the US has not presented any evidence suggesting that China has sought to manipulate content on American platforms.

According to China’s House Selection Committee, any agreement between Beijing and Washington must adhere to laws requiring Tiktok’s sale to avoid a ban in the US.

“If the algorithm remains Chinese, it does not meet compliance. There is no algorithm shared with the US,” a spokesman for China’s House Selection Committee stated.

On Tuesday, Trump further postponed the enforcement of the Tiktok ban until December 16th, marking the fourth delay of legislation aimed at compelling Chinese owners to divest from the app. The latest delay was set to conclude on Wednesday, aligning with a law enacted in 2024 by then-President Joe Biden that aimed to close Tiktok in the US due to its Chinese ownership.

This law aims to address national security concerns linked to Tiktok’s Chinese parent company and its possible connections to the Chinese government.

Nonetheless, the 2024 election campaign heavily relies on social media, with Trump, who has expressed a fondness for Tiktok, continuing to delay the ban.

The app is under scrutiny from US officials worried about data collection practices and content manipulation. Tiktok has consistently denied sharing user data with Chinese authorities and has contested various restrictions in federal courts.

“We have a significant pool of companies interested in acquiring it,” Trump remarked.

China also confirmed what was described as a “framework” for transactions on Monday following phone calls between the two leaders.

After a Reuters inquiry, a senior White House official commented that specifics regarding the framework were “speculation unless disclosed by this administration.”

Reuters and Assen France Press

Source: www.theguardian.com

Musk Celebrates $16.5 Billion Samsung Deal for AI Chips Supplying Tesla

On Monday, Samsung entered into a contract worth $16.5 billion (£12.3 billion) to produce artificial intelligence chips for Tesla, marking a significant development while Elon Musk was active on social media.

The South Korean technology giant disclosed a partnership with an unnamed client in a regulatory filing. Musk shared details on the platform X.

Musk stated that Samsung will manufacture Tesla’s next-gen A16 chips at its new facility in Texas.

He emphasized, “The strategic significance of this is hard to overstate.”

Back in December, the Biden administration allocated $4.755 billion to support Samsung’s semiconductor manufacturing operations in Texas under the Chips Act. At that time, former U.S. Commerce Secretary Gina Raimondo remarked that this funding would ensure a “steady flow” of chips vital for AI and national security.

In a post on X on Monday, Musk indicated that he had allowed Samsung to assist Tesla in “maximizing manufacturing efficiency” and “expediting” production processes.

He added that the Samsung facility in Taylor, a suburb of Austin, Texas, is “conveniently located not far from my home.”

This agreement is poised to revive projects that have faced significant delays due to Samsung’s struggle to maintain and attract major clients. Ryu Young-Ho, a senior analyst at NH Investment & Securities in Seoul, noted that the Taylor plant “currently has no customers,” making this deal “a logical move.”

In October, Reuters reported that Samsung had postponed shipments of chip manufacturing equipment from ASML, a Dutch supplier, as it had not yet secured key customers. The facility’s opening has already been delayed until 2026.

Samsung is currently producing Tesla’s AI4 chips, which enhance the automaker’s fully autonomous driver assistance system. Taiwan’s TSMC will initially manufacture Tesla’s AI5 chips in Taiwan before moving production to Arizona.

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The regulatory filing announcing Samsung’s chip supply agreement did not disclose the client’s identity, citing a request for confidentiality concerning the transaction to be carried out until the end of 2033.

Samsung has been invited to provide a comment.

Reuters contributed to this article

Source: www.theguardian.com

Apple Secures $500 Million Rare Earth Magnet Deal with U.S. Mining Firm

Apple has entered into a $500 million agreement with a US company specializing in rare earth magnets, crucial for the production of electronic devices, following China’s reduction in rare and essential material exports.

This support comes after MP Materials, which runs the only rare earth mine in the US, finalized a multi-billion dollar agreement with the US Department of Defense last week, making the Pentagon its largest shareholder. Both agreements aim to address supply chain vulnerabilities after China limited its rare earth exports earlier this year in response to Donald Trump’s sweeping tariffs.

The deal, revealed on Tuesday, guarantees Apple a consistent supply of rare earth magnets from China, the world’s leading producer. Analysts noted that the cost of bolstering US magnet production is minimal compared to the long-term risk of completely losing access to vital components for Apple.

“We are currently in an era where executives are willing to invest significantly for a dependable supply chain. They want to avoid interruptions,” remarked Greserin Bascaran, director of the Centre for Strategic and International Research’s Centre for Key Mineral Security Program.

Rare earth elements, a collection of 17 metals, are vital for creating powerful magnets, which are found in devices that vibrate mobile phones, as well as in weaponry, electric vehicles, and numerous other electronic products.

China imposed export limitations on rare earths in April in reaction to Trump’s tariffs. In June, the US and China reached an accord that settled many disputes over rare earths, but broader trade tensions still emphasize the need for non-Chinese supplies.

Under the agreement, Apple will prepay $20 million to MP for magnets due to start delivery in 2027. The duration of the transaction and the quantity of magnets involved were not disclosed by the company.

The agreement stipulates that magnets will be produced from recycled materials, aligning with Apple’s longstanding commitment to reducing dependence on mining. The magnets will be processed using operations in Fort Worth, MP, Texas, and recycled at Mountain Pass, MP, California.

“Rare earth materials are critical for developing advanced technologies, and this collaboration will enhance the availability of these essential materials in the United States,” stated Apple CEO Tim Cook in a statement.

Since the government announced its deal, MP Material’s stock price has nearly doubled. This is a notable turnaround from last year when CEO Jim Richinski expressed frustration over rare earth pricing that led to the merger with Australian competitors.

Bob O’Donnell, president of market research firm Technalysis Research, noted that Tuesday’s development is “entirely significant,” given Apple’s substantial requirement for rare earth magnets in its devices.

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“Additionally, by prioritizing US-based suppliers, we will help position Apple more proactively within Washington,” he added.

Apple stated that this agreement forms part of a four-year, $500 million investment commitment towards the US, while facing threats from Trump regarding an iPhone not manufactured in the US. Nevertheless, many analysts argue creating an iPhone in the US is impractical, given labor costs and the existing smartphone supply chain.

While Apple did not specify which devices will utilize the magnets, MP mentioned that this deal will provide magnets for hundreds of millions of devices, significantly impacting Apple’s product lineup.

MP expects to start producing mined and processed rare earth materials and commercial magnet production at its Texas facility by the end of this year.

Source: www.theguardian.com

Trump Announces Talks with China to Finalize TikTok Sale, Claims Deal is “Nearly Complete”

Donald Trump announced plans to begin discussions with China regarding the TikTok deal on either Monday or Tuesday.

The US President indicated that the US has “mostly” finalized a deal to sell the TikTok short-video application.

“I think we’ll start on Monday or Tuesday… I may talk to President Xi or one of his representatives, but we’re mostly set with the deal,” Trump shared with reporters on Air Force One last Friday.

Trump also mentioned the possibility of visiting Xi Jinping in China, or that Chinese officials might come to the US.

Last month, both leaders exchanged invitations to visit each other’s countries.


Last month, Trump extended the deadline for the China-based ordinance to September 17th, concerning the sale of TikTok’s US assets, which is a popular social media platform with 170 million users in the United States.

Earlier this spring, there was a deal in motion to create a new US-based company for TikTok, predominantly owned by American investors, but it was stalled after China indicated disapproval, coinciding with the announcement of high tariffs on Chinese goods.

Trump stated on Friday that the US needs to secure a transaction that has likely been authorized by China.

When asked about his confidence in Beijing’s willingness to finalize the deal, he responded: “I’m not confident, but I think so. President Xi and I have a good relationship. I believe that benefits them.”

Trump’s June extension marks his third executive order aimed at delaying the ban or sale of TikTok, providing an additional 90 days to identify potential buyers or risk the app being banned in the US.

His first executive order, which granted TikTok a temporary respite, was issued on his first day in office, just three days after the Supreme Court upheld the ban. He issued a second executive order in April, with deadlines for sale or ban initially set for June 19th. TikTok will now be available until September.

In a statement released on the same day, TikTok expressed gratitude towards Trump and J.D. Vance, saying, “We appreciate President Trump’s leadership,” and noted that TikTok seeks to reach an agreement to “continue collaborating with Vice President Vance’s office.”

Democratic Senator Mark Warner, vice-chairman of the Senate Intelligence Committee, accused Trump of sidestepping the law in an effort to enforce it.

With a report by Dara Kerr

Source: www.theguardian.com

Vegan Cheese Could Be Closer to the Real Deal Than Ever Before

Vegan cheese faces challenges against dairy products

Aamulya/Getty Images

If you’re passionate about cheese but concerned about its significant environmental effects, there’s promising news. The key milk proteins used in cheese and yogurt production can be synthesized directly from non-animal sources, beginning with bacteria and utilizing plant-based materials.

“This will considerably lower the carbon footprint,” says Suvasini Balasbramanian from the Institute of Technology Denmark.

While dairy products consist of intricate chemical combinations, the primary component in cheese is casein, a protein that forms micelles, enclosed in calcium structures.

Initially produced in mammary cells, casein undergoes phosphorylation, adding phosphate to its base, which interacts with calcium and is crucial for micelle formation.

Creating casein proteins without genetic alteration in bacteria is straightforward; however, achieving effective phosphorylation has been a challenge. “We have not yet succeeded in adapting cow enzymes for bacteria,” Balasbramanian indicates. “It has been a longstanding challenge among startups and businesses.”

Her team has now successfully produced a specific type of phosphorylated casein using E. coli bacteria and bacterial enzymes. Although this variant has additional phosphates, Balasbramanian believes the phosphorylation process might differ by cow species. “I don’t think it will hinder protein function,” she assures.

Researchers are extending their work to develop cheese and other dairy alternatives from protein sources. As Balasbramanian points out, there’s potential for success; however, other types of casein may also be required. Notably, kappacasein can be modified through sugar addition rather than phosphate.

Currently, they are in the process of producing several kilograms of cheese. Approximately 24 kilograms of carbon dioxide emissions are associated with traditional production, a stark contrast to under 2 kilograms from most plant-based foods. The vision is to significantly diminish emissions and environmental effects through techniques like precision fermentation or cellular agriculture, addressing both ecological and animal welfare concerns.

The carbon footprint of cellular agriculture varies based on the feedstock for the microorganisms and the energy consumed in production. Balasbramanian mentions that her team is experimenting with ingredients derived from alfalfa grass.

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Source: www.newscientist.com

Disney and Universal Lawsuit Could Deal a Heavy Blow in the AI Copyright Battle

The Minion character originates from films produced by Universal Pictures.

Movie/Aramie

Disney and Universal have initiated a lawsuit against the AI image generator Midjourney, alleging widespread copyright infringement that enables users to produce images that “explicitly incorporate and mimic well-known Disney and Universal characters.” This lawsuit could mark a significant shift in the ongoing legal discourse surrounding AI-related copyright issues faced by book publishers, news outlets, and other content creators.

The Midjourney tool, which generates images based on textual prompts, boasts around 20 million users on its Discord platform. Users provide their input for creation.

In the lawsuit, the two film production giants provide examples where Midjourney can generate images surprisingly similar to characters it does not own rights to, like the Disney-owned Minions and characters from The Lion King. They assert that these results stem from the AI being trained on their copyrighted materials. They also contend that Midjourney “disregarded” their attempts to resolve these issues before resorting to legal action.

The complaint states, “Midjourney is a classic copyright-free rider and an endless source of plagiarism.” Midjourney has not yet issued a response to New Scientist‘s request for comment.

The lawsuit is applauded by Ed Newton Rex, a nonprofit advocate for fairer training practices within AI companies. “This is a monumental day for creators globally,” he comments. “The government has displayed unsettling tendencies toward legalizing intellectual property theft, potentially yielding to the intense lobbying from Big Tech.

Newton-Rex alleges that Midjourney engineers previously justified their actions on the grounds that the art had become “ossified.” “Fortunately, this absurd defense is unlikely to hold up in court,” he adds.

Legal experts express candid perspectives on Midjourney’s likelihood of success. “It’s Disney; thus, Midjourney is in a precarious position, please excuse my bluntness,” remarks Andres Guadams from the University of Sussex, UK.

Guadams emphasizes Disney’s resolute approach to safeguarding its intellectual property—rarely, but effectively—underscoring the necessity of this intervention. The film studio took action several months following other entities, such as news publishers, in their pursuit against AI companies for the alleged unauthorized use of their creations. Many of those disputes were resolved through licensing agreements between the AI firms and copyright holders.

“Media conglomerates are excited about potential breaches. The models have improved to such an extent that they can effortlessly create characters that come to mind,” states Guadams. He believes Disney is biding its time because “unlike publishers, they’re not simply seeking licenses to survive.”

The involvement of these two media powerhouses signals a pivotal moment at the intersection of AI and copyright, according to Guadams. “The fact that they are targeting Midjourney sends a clear message,” he states. Midjourney specializes in image generation exclusively, making it relatively small compared to major AI corporations. “This acts as a warning to larger entities, urging them to implement stronger protective measures.”

While many major AI companies incorporate image-generating features in their chatbots, they tend to impose stricter controls on users’ abilities to produce images featuring copyrighted characters through considerable limitations.

Disney, which generated $91 billion in revenue last year, is not seeking to profit from Midjourney. “This could act as a call for negotiations. Since AI is not going away, Disney may be setting a precedent for future business interactions,” notes Guadams.

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Source: www.newscientist.com

OpenAI Acquires iPhone Architect Startup for $6.4 Billion in Tech Deal

OpenAI is set to acquire an innovative startup for $6.4 billion, marking its largest acquisition to date. The hardware startup, named IO, was established by Apple design legend Jony Ive, who is widely recognized as a key architect behind the iPhone. Sam Altman, the CEO of both IO and OpenAI, highlighted in a blog post that their partnership is expected to span two years.

“Our collaboration, rooted in friendship, curiosity, and aligned values, has rapidly expanded in ambition,” they noted in their blog, offering minimal specifics about the forthcoming devices. “Initial concepts and explorations have refined into tangible designs.”

The acquisition of IO by OpenAI is its most notable to date. According to the blog post, Ive and other alumni from Apple co-founded IO a year ago as part of a larger initiative called Lovefrom, which they describe as a “creative collective” of architects, artists, engineers, designers, musicians, and writers.

Ive departed from Apple in 2019 after spending 27 years as a leading product designer. He is celebrated for his minimalist aesthetics and meticulous attention to details such as packaging and typography. One of his early acclaimed designs was the vibrant, bubble-shaped iMac computer, followed by iconic products like the iPod, iPhone, MacBook Air, Apple Watch, and AirPods.

For his contributions to distinctive product design, Ive was knighted by Princess Anne at Buckingham Palace in 2012.

In a blog post shared on Wednesday, Altman and Ive stated that the IO team will integrate with OpenAI to foster closer collaboration with their research, engineering, and product divisions. Although Ive will not join OpenAI as an employee, his company will manage all of OpenAI’s design aspects, including software. Bloomberg.

Since launching Lovefrom and leaving Apple, Ive has largely remained low-profile, and IO has yet to unveil any hardware. However, reports suggest that the company has clients such as Christie’s, Airbnb, and Ferrari. Another venture IVE is pursuing is the design of Lovefrom’s headquarters in San Francisco. The New York Times detailed that Ive is tasked with creating the headquarters for the entity he is developing at OpenAI.

While OpenAI hasn’t yet revealed any hardware products, it indicates a future direction in that realm. The company has hired hardware and robotics experts, including Caitlin “CK” Karinovsky, who previously led Meta’s Augmented Reality Glasses initiative. In her LinkedIn announcement, Karinovsky mentioned that her new focus at OpenAI will be on “robotics projects and partnerships aimed at integrating AI into the physical realm.” OpenAI is also investing in robotics startups including Physical Intelligence, stating, “We intend to bring general AI into the physical world.”

Investors have been actively funding OpenAI in recent years, with a current valuation of $300 billion, according to Bloomberg. In March, OpenAI completed a $400 billion funding round led by the Japanese conglomerate SoftBank. Microsoft holds a 49% stake in the AI company after its $13 billion investment in 2023.

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In addition to the acquisition of IO, OpenAI has also pursued other significant purchases in the past year. Earlier this month, it acquired the AI-assisted coding tool Windsurf for $3 billion, and last summer, it purchased Rockset, a real-time analytics database, for an undisclosed amount.

Source: www.theguardian.com

Trump gives Tiktok more time to finalize trading deal

President Trump has granted Tiktok another extension, pushing back the deadline for the popular app to make a deal regarding its Chinese ownership or face a US ban.

With the Saturday deadline looming, Tiktok now has an additional 75 days to find new owners who will comply with federal laws requiring structural changes to address national security concerns, setting a new deadline in mid-June.

This latest delay marks the second time President Trump has intervened in the Tiktok situation this year, having previously suspended enforcement of the law in January despite unanimous Supreme Court support.

In a post on Truth Social on Friday, Trump mentioned that the deal requires more work to secure necessary approvals, expressing his desire to avoid a dark outcome and stating his intention to collaborate with Tiktok and China to finalize the deal.

Trump’s recent actions highlight the ongoing complexity of the Tiktok situation. Despite concerns raised by lawmakers and US officials about Tiktok’s safety, the app has solidified its position as a cultural powerhouse.

The extensions raise questions about Trump’s willingness to prioritize presidential authority over the rule of law. The federal law aimed at changing Tiktok’s ownership and imposing a ban was passed last year with wide bipartisan support, only to be effectively nullified when Trump suspended its enforcement in January.

For now, Tiktok will continue operating in the US for the foreseeable future. The app came back to life in January after a temporary shutdown around the time the federal law came into effect.

Tiktok has not yet responded to requests for comment.

Source: www.nytimes.com

CoreWeave is not satisfied with the outcome of the deal.

Shares of CoreWeave, the first artificial intelligence startup to be published, opened its first day of trading at $39 on Friday. This was a slight drop from the initial public offering price set by CoreWeave a day ago, after reducing the size and value of the IPO.

The company’s stock price, trading under the ticker symbol CRWV, shows concerns among Wall Street investors about the economy and CoreWeave’s business model.

The decline came amidst a sluggish stock market and uncertainty over inflation and President Trump’s tariffs. List lower prices – CoreWeave previously estimated the range between $47 and $55 Submit – Already reflects investors’ skepticism compared to a month ago. Our share price rose approximately 1% in early trading.

CoreWeave, a data center supporting Power Giant AI Systems, also raised just $1.5 billion in offerings that analysts had expected, less than $4 billion.

In an interview Friday, CoreWeave CEO Michael Intrator said concerns about the stock market and AI industry have cut the list to the company, but the timing of its offering will benefit the company in the long run.

“It’s just a day. I’ll get through this day and keep moving,” Intrator said. “It’s important for us to enter the open market.”

It is unclear whether the stock’s performance will mark the start of the IPO parade that some investors have been hoping for. Among the companies watching Coreweave’s public debut on Friday were online lending service Klarna and ticketing company StubHub, which is predicting the public list this year.

“This is not an easy IPO market,” said Samuel Kerr, head equity capital market analyst at financial insights firm Mergermarket. “The USIPO market shows that CoreWeave is probably not as strong as we thought it would be early this year.”

A more ideal time would have been at the end of last year for CoreWeave’s public list after Trump was elected, before the release of a new chatbot by Chinese AI company Deepseek, Kerr added.

Nvidia, a supplier of CoreWeave’s computer chips and one of its major investors, has not helped its share price fell 9% since Wednesday last week.

Some analysts are skeptical of CoreWeave’s substantial debt, and have been taken over to build more data centers, a large facility that houses AI chips. The company’s revenue rose from $1.9 billion from $229 million a year last year, but lost $863 million after spending nearly $1 billion to fund its debt.

“The very high debt profile is something IPO investors disliked for quite some time,” Kerr said.

CoreWeave was founded in 2017 as a cryptocurrency mining startup, but after Openai released its ChatGPT chatbot in 2022, it shifted to using powerful NVIDIA chips for AI development.

Some of CoreWeave’s customers include Microsoft, which accounted for a large portion of last year’s revenue, and Openai, which announced nearly $12 billion in deals with CoreWeave in the weeks leading up to its IPO.

Source: www.nytimes.com

Trump to Ease Tariffs on China in Exchange for TikTok Deal

Donald Trump has expressed his willingness to reduce tariffs on Chinese trade in exchange for the sale of Tiktok, a social media app used by 170 million Americans, by its Chinese parent company.

He acknowledged China’s involvement in any agreement, stating, “China will have to play a role in it, perhaps giving approval, I believe they will.” Trump mentioned the possibility of offering China a concession to facilitate the deal.

Trump’s remarks indicate that the sale of Tiktok is a priority for his administration and that tariffs are being used as a negotiation tool with Beijing.

Tiktok did not provide an immediate response to the situation.

Bytedance, the parent company of Tiktok, faces an April 5 deadline to find non-Chinese buyers for the app or risk a US ban on national security grounds that was established in January under the 2024 law.

Washington’s concerns about Chinese ownership of Tiktok have led to the current situation, with fears that Beijing could exploit the app for malicious purposes and gather data on Americans.

Recently, Trump imposed an additional 20% tariff on all imports from China, demonstrating his administration’s firm stance on trade negotiations.

Securing a deal without Chinese control has been a key focus in finalizing the Tiktok transaction, with tariffs used as leverage in negotiations with Beijing.

In his earlier statements, Trump had warned China that failure to approve US deals with Tiktok could result in further tariffs being imposed.

Vice President JD Vance anticipates that the terms of the agreement regarding Tiktok ownership will be settled by April 5th.

Reports indicate that a White House-led meeting between investors is working towards securing US business interests for video apps, involving major Chinese stakeholders.

The fate of Tiktok, a widely-used app in the US, has been uncertain since the bipartisan decision to sell it by January 19th.

After initial turbulence in January, the app was temporarily banned but resumed operations shortly after Trump’s term began. He subsequently extended the deadline for the sale until April 5th and hinted at the possibility of further extensions.

The intense involvement of the White House in these trade discussions is unprecedented, resembling the role of an investment bank.

Critics argue that the ban on Tiktok infringes on Americans’ freedom of speech by restricting access to foreign media, potentially violating the First Amendment of the US Constitution.

Source: www.theguardian.com

X stands to gain if the UK exempts digital services tax from its trade deal with us

Elon Musk’s X stands to gain financially if the government removes £800 million in taxes on US tech companies as part of the economic deal with Donald Trump.

Dan Niedel, head of nonprofit tax policy, mentioned that social media platforms will be affected by the digital services tax in the negotiations between the US and the UK.

“It’s clear that X will be obligated to pay the DST,” he stated.

The Minister has been in talks about eliminating the DST as part of the negotiations with the US, in exchange for the Trump administration allowing the UK to avoid tariffs that would be imposed on April 2nd.

Technology secretary Peter Kyle emphasized that taxes are a crucial aspect and that they are exploring various concerns and opportunities for the future.

Prime Minister Rachel Reeves also expressed similar sentiments during a recent BBC interview.

Labour lawmakers are worried that dropping the DST under pressure from the Trump administration could result in revenue loss and cuts to essential services.

Reeves is under pressure to make spending cuts to comply with fiscal rules, including welfare reforms and civil servant layoffs.

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DST applies to various tech companies that cater to UK users, with specific revenue thresholds and tax rates in place.

X reported its UK revenue and potential tax payments, highlighting the complexities of the DST.

The National Audit Bureau revealed that a significant portion of DST revenue came from a few major tech companies.

Tax revenues from the DST are expected to increase over the years, according to the Budget Responsibility Bureau.

Neidle discussed the intricacies of the DST and the UK’s commitment to an internationally agreed tax system for multinational corporations.

Source: www.theguardian.com

Invest in Talks with SoftBank for OpenAI deal

SoftBank, Japan’s Investment Group, is in talks to invest up to $25 billion (£2 billion) in Openai, making it the largest financial backer of the startup behind ChatGPT.

According to the Financial Times, the potential investment could range from $15 billion to $25 billion in the San Francisco-based company.

Other investors, including TikTok’s parent company, Bytedance, and British chip designer Arm, have already supported Openai and recently participated in a fundraising round that valued the company at $157 billion. Microsoft, currently the largest shareholder of Openai, also joined the round.

Last week, Openai and SoftBank announced the formation of Stargate in collaboration with Oracle, which Donald Trump called “the largest AI infrastructure project in history.” The partnership aims to build AI system data centers with an initial investment of $100 billion.

Multiple sources familiar with the matter quoted by FT said that SoftBank’s potential investment includes a commitment from a Japanese company to Stargate. Elon Musk, the wealthiest person in the world and a prominent figure in the Trump administration, has claimed that Stargate’s supporters may not actually have the funds.

Sam Altman, the CEO of Openai, refuted Musk’s claims on his social media platform X, stating, “This is a great opportunity for the company. I understand that it may not always align with your company’s interests, but in your new role, I hope you will consider it.”

Openai faced competition this month from Chinese rival Deepseek, whose latest chatbot topped the Apple Free App Store charts and impacted AI-related stocks on Monday.

Altman initially acknowledged the competition from Deepseek, stating that “having new competitors keeps things lively,” but later claimed that the Chinese company may be using Openai technology to develop competing products.

The proposal for SoftBank’s investment in Openai, led by CEO Masayoshi Son, is reportedly under review by senior executives and the board of Openai. However, it has not been confirmed.

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Both Openai and SoftBank have declined to comment on the matter.

Source: www.theguardian.com

Disputed COP29 deal highlights deteriorating climate cooperation

When COP29 President Mukhtar Babayev stepped up to the podium on Sunday morning at the closing session of the Baku Climate Summit, he had two speeches ready. According to sources who spoke to Reuters on condition of anonymity, one speech was prepared in anticipation of a much-anticipated deal, while the other was prepared in case of a deadlock after the summit collapsed. It was seen as a contingency plan.

An official from the COP29 Presidency revealed that negotiations were tough until the last minute to secure the Baku breakthrough, but they were still preparing for various outcomes. The final speech was being crafted to address different possibilities.

Ultimately, without giving his detractors a chance to react, Babayev succeeded in pushing through a $300 billion funding plan to assist developing countries in handling the escalating costs of global warming over the next decade, earning praise for his efforts.

He lauded the agreement as a significant achievement and criticized skeptics, labeling them as “wrong,” along with many individuals targeted by the climate deal accused of being grossly inadequate.

The audience was already aware that Babayev was preparing for a mixed outcome at the divisive Baku summit, signaling that negotiations were unlikely to proceed smoothly.

Concerns about the imminent withdrawal of the United States from global climate cooperation, geopolitical tensions, and the surge of isolationist politics that have sidelined climate change in many nations’ priorities had lowered expectations for the deal.

An activist holds up a globe balloon during a protest at the United Nations Climate Change Conference COP29 in Baku, Azerbaijan, on November 21.
Maxim Shemetov/Reuters

Potential obstacles loomed large over Baku. The coming months will continue to cast a shadow over global efforts to address climate change as Brazil gears up to host a major conference next year in the Amazon rainforest city of Belem. The world will then embark on a multi-year plan for deeper emissions cuts and building climate resilience.

Trump Effect

One major factor clouding the negotiations in Baku was the impending return of Donald Trump as the President of the United States, the world’s largest economy, historically the largest emitter of greenhouse gases, and a significant producer of oil and gas, who has been a climate change skeptic.

President Trump, due to take office again in January, had vowed to withdraw the US from the global Paris climate accord, repeating his stance from his previous term and dismissing climate change as a hoax.

Negotiators at the Baku conference noted that while the US delegation contributed to developing a climate finance agreement, the country was unable to play the high-profile leadership role seen in previous climate summits. Doubts persisted about the administration’s commitment to honoring the agreement.

“As far as the United States is concerned, the voters have spoken, and that’s where we stand. We are unsure of their intentions,” stated South Africa’s Environment Minister Dion George.

US officials attending COP29 tried to assure global partners that even if President Trump withdraws from the international process, market forces, federal subsidies, and state mandates will continue driving the deployment of renewable energy.

Furthermore, conflicts in Ukraine and the Middle East diverted global attention towards security and energy availability, compelling many governments to tighten their budgets, making it challenging to secure larger climate finance amounts, noted observers.

“Given the current political climate, maintaining climate finance at its current level is an uphill battle,” remarked Joe Thwaites, a senior adviser at the Natural Resources Defense Council.

The pledged $300 billion annually by 2035 would theoretically triple the previous commitments of rich countries to provide $100 billion by 2020. Rich countries’ reluctance to offer further funding and the pressure to reach agreements amidst political turmoil disappointed least developed countries and small island states left out of negotiations at the Baku conference.

At one point during the summit’s final stages, the negotiating bloc representing these nations staged a walkout in protest, leading to a delay in reaching an agreement.

Representatives from Marshall Islands and India voiced their dissatisfaction with the climate finance deal, highlighting the reluctance of developed countries to fulfill their responsibilities, setting the stage for challenges at COP30 in Brazil.

“This could prove contentious in Belém. Brazil must find a way to rebuild trust,” remarked Oscar Soria, head of the Common Initiative focused on global financial reform.

Source: www.nbcnews.com

BP signs five-year deal with Palantir to enhance AI capabilities

BP, a major player in the oil and gas industry, has recently entered into a five-year partnership with Palantir, a US company specializing in spy technology, to utilize artificial intelligence in expediting engineering decision-making processes.

This collaboration entails the implementation of large-scale language models to automate the analysis of data collected from BP’s various sites, thereby generating recommendations that can assist human decision-makers in drawing informed conclusions.

The partnership between BP and Palantir builds upon a longstanding relationship that has involved the use of Palantir’s technology to create digital replicas of BP’s oil and gas operations, such as the Khazan gas field in Oman and offshore oil platforms in the North Sea and Gulf of Mexico, including the location of the 2010 Deepwater Horizon incident.

Both companies affirm that their previous collaboration has led to performance enhancements, and the new software aims to ensure the safe deployment of reliable AI while guarding against potential inaccuracies or fabrications commonly associated with generative AI models.

The utilization of generative AI is becoming increasingly prevalent across various industries, from retail interactions to research and writing support, sparking debates on whether AI will replace or enhance existing job roles.

Sanjay Pandey, BP’s senior vice president of digital delivery, highlighted the benefits of employing advanced digital twin simulation techniques to optimize production processes and enhance operational performance in a secure manner.

Palantir’s Matthew Babin expressed enthusiasm about the potential of their technology to accelerate human decision-making by leveraging existing digital twins and operational workflows.

Noteworthy projects of Palantir include a five-year contract to develop a large-scale data platform for the NHS, raising privacy concerns about patient data security. The company’s founder, Peter Thiel, has been associated with supporting political figures like Donald Trump and has a history of collaborating closely with intelligence and military organizations.

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Under the leadership of Murray Auchincloss, BP has been actively enhancing its technological capabilities, as evidenced by recent agreements such as the partnership with NASA to exchange expertise gained from working in challenging environments.

Additionally, BP made an investment of $5m (£3.8m) in Belmont Technology in 2019 to accelerate its AI platform development.

Source: www.theguardian.com

What’s the Deal with That Car? A racing game that throws realism out the window

IImagine a new racing video game. Whatever you imagined, What the Car? is not. While the world of racing games prides itself on cutting edge game engines and perfectly simulated motor engines that make the speedometer feel real and the driving experience more and more detailed and realistic, this is the opposite: this car literally drives around on foot.

Described as “a silly adventure full of races, laughs, and surprises,” What the Car? puts you in the shoes of a car with legs, sprinting and climbing one ridiculous obstacle after another to reach the finish line. “No one on the team owns or even likes cars,” says Tim Garbos, the game's creative director at Copenhagen studio Triband.

“That may seem wrong when you're making a car game, but it allowed us to naively misunderstand a lot of things about cars.”

Not only can this car walk around on two legs, it can also play foosball. It can even chop vegetables. Though it's technically a racing game, it's best thought of as a collection of mindless mini-games. Each of the hundreds of levels has a different challenge to reach the goal, whether that be a paraglider, a football or becoming an accordion to cross a crevasse.

Madcap…what car? Photo: Triband

Naturally, this not-so-racing game isn’t inspired by Forza, Gran Turismo, or even Mario Kart. Instead, the Triband team cites the adventures of The Legend of Zelda and Super Mario 64, with flashes of Katamari Damacy amid the chaos (cars have extra legs and roll around the track like balls). “The ever-changing format of the game is great when it takes inspiration from anything,” Garbos adds.

A version of the game was first released on Apple Arcade last year, where it won a Dice award for best mobile game. The PC version has been enhanced and will continue to receive monthly updates. Another addition is a full level creator, allowing users to build and share their own bizarre worlds. Garbos hopes that the levels will be approached in an appropriately nonsensical style: “People will create totally awful levels and force their friends to play them.”

The studio has previous experience pumping up humor with baseball bat-wielding cult hits “What the Golf?” and “What the Bat?” “As a studio, we’re big on the comedy game, and when we create a joke, we start by setting expectations by giving you a mundane backdrop, and then we subvert those expectations by doing something different,” Garbos explains.

As other successful parody games like Goat Simulator have shown, there’s an art to making something beautiful and silly. So how exactly does Triband strike that balance? “We focus on realism, car fans, and completely ignoring real vehicles while still providing a great overall experience. Sometimes you just need to give your car bigger legs, or make it fly or swim, and we make that happen…” [but] It has to be silly and funny, but it also has to work as a game. It has to be something you want to play for hours. It takes time and commitment.

“The comedy genre is under-represented in video games” … What the Car? Photo: Triband

Games are good at comedy, especially physical comedy. Think Octodad, Gang Beasts, Untitled Goose Game, and any game where characters comically glitch into the scenery. What the Car? joins the recently released Thank Goodness You’re Here! and the upcoming Baby Steps as games actively trying to make us laugh this year.

“I think the genre of comedy is underrated in video games compared to, say, television,” says Gerbos. “We take comedy pretty seriously. If you want to make someone laugh, it has to start with you. If it feels funny or silly, then you’re on the right track… Personally, I love showing this game to people and seeing their eyes light up at the jokes and trying to hide their little laughs. That’s why I make video games.”

We can’t help but wonder what kind of absurdist tri-band treatment we’ll get into next. “We’re just getting started,” Garbos teases. “We’re thinking about making parody games of common, well-known things, like newspapers.”

What the Car? will be released on Steam on September 9th and is already available on Apple Arcade, while What the Guardian? is still TBA.

Source: www.theguardian.com

Spotify reportedly seals new deal with Joe Rogan potentially worth $250 million

Spotify Technology announced a new multi-year deal with comedian and podcaster Joe Rogan on Friday, with the goal of leveraging the show’s popularity to increase advertising revenue.

The estimated $250 million multi-year deal with Rogan includes a guaranteed minimum upfront payment and a revenue-sharing agreement based on ad sales. According to a report from the Wall Street Journal, the company declined to confirm the terms of the deal, but stated that the reported value was incorrect.

The Joe Rogan Experience Podcast, which premiered in 2009, has been exclusively available on Spotify since 2020 and is promoted as the most listened to podcast globally.

Spotify also announced plans to make Joe Rogan’s show available on other platforms, including Apple, Amazon, and YouTube.

Joe Rogan interviews prominent politicians, businessmen, and celebrities on his podcast, such as director Quentin Tarantino, singer Miley Cyrus, and Tesla CEO Elon Musk.

The Sweden-based company is focused on increasing advertising revenue on its platform through the Spotify Audience Network, an advertising marketplace for podcast publishers and creators.

“Since podcasts became exclusive to Spotify, overall podcast consumption on the platform has increased by 232%,” the company stated, noting that revenue from the previous year had risen by 80% compared to 2021.

Spotify first introduced podcasts in 2015 and has since made significant investments in the medium. It acquired podcast networks Gimlet Media and Anchor FM in 2019 and secured exclusive contracts with reality TV star Kim Kardashian and former US President Barack Obama. However, the company has since scaled back its ambitions and laid off 200 Gimlet Media employees.

Source: www.theguardian.com

Adobe left with a big gap as $20 billion Figma deal falls through

Adobe and Figma ended their $20 billion takeover dream this morning after regulators signaled tough times ahead. Figma still receives a $1 billion stipend as part of the deal, and as co-design lead, he should stand up well.

But it could be a different story for Adobe. They knew that the product they offered to compete with this company, XD, was not very strong, and they really wanted this company. They sought to use their corporate influence to seize advantageous aspects of their core creator businesses by acquiring market leaders.

But ultimately, the regulatory hurdles proved too much for them, and after more than a year of back and forth in regulatory meetings, both companies realized it wasn’t going to happen and decided to exit. decided.

Adobe put on a brave face their official statement, but I can’t help but be deeply disappointed with this result. “Adobe and Figma have shared a vision to jointly redefine the future of creativity and productivity, and we continue to leverage the huge market opportunity and mission to change the world through personalized digital experiences. We remain in a good position to do so.”

It’s not clear that Adobe could be in such a strong position without Figma, but it’s certainly true that Adobe is willing to pay a hefty price to have it under its wing. They were never able to convince regulators that this was not a blatant power grab by wealthy corporations to use their economic clout to take over the market.

Margrethe Vestager, the EU’s chief executive officer for competition, has made it clear that she believes this is just such an attempt. her official statement. “By merging these two companies, the proposed acquisition would end all current and stop all future competition between the two companies. Our thorough investigation shows that this We found that this could lead to higher prices, lower quality, or less choice for customers.”

Ray Wang, founder and principal analyst at Constellation Research, says this is a major setback for Adobe, forcing it to return to its design collaboration tool, XD. “Adobe realized that in a world of Generative AI, the value is not in content creation, but in coordinating the work of content. This deal takes Adobe back two years and expands the reach of this important market. “This will give us an incentive to revamp XD to cover this,” he said.

Adobe General Counsel Dana Rao told TechCrunch in October that the company has largely dismantled its XD team and is fully committed to meeting its product needs with Figma. “We tried to get in there [collaborative design] I used XD but it failed. We abandoned the product. Basically, our annual revenue never exceeded $15 million to $17 million. “I think he’s down to five full-time employees, but they continue to work according to their contractual requirements,” he said. “So if we’re going to get into the product design space, for us it’s going to be acquiring Figma,” he said at the time.

On the plus side, the company now has a lot of cash on hand that it wouldn’t have had had the deal gone through, and it could probably put it to better use in a post-generation AI world. Brent Leary says. Co-founder and Partner of CRM Essentials. “This deal was announced before ChatGPT, and the world has changed dramatically since then. And this could mean that Adobe could take back his $20 billion and adjust and shape the content creation process post-ChatGPT.” It might actually work better because of its gender,” he said.

Wang said the company may also consider acquiring other collaboration startups such as Milo, web flow or invision, which raised $476 million, $335 million, and $356 million, respectively (according to Crunchbase data). None of this would make him a perfect successor to Figma, but perhaps he could give the company a head start in the collaboration space without the kind of scrutiny it received in the Figma acquisition attempt. Sho.

Figma, for its part, hasn’t stopped since this deal was announced, moving forward and planning as an independent company. In fact, this startup has employed 500 people since September 2022. Additionally, we have developed new features including tools. For developers And we have a generative AI layer on top of the popular FigJam whiteboard tool.

John Lilly, an early investor in Figma, said he was enthusiastic about the company remaining independent. “This team is a very special team. Over the last 10 years, they have completely changed the way design works. And this market for designing products is much larger and growing faster.” Lilly told TechCrunch.

If he’s right, that’s exactly why Adobe wanted to buy the company. Now, with Figma continuing to operate on its own and a startup full of the same potential it had before the acquisition was announced in September 2022, Adobe will need to rethink its design collaboration strategy, and perhaps at this point You basically have to start from scratch, not in the position you were in.

Source: techcrunch.com