What just happened? Samsung is cutting hundreds of jobs from its US consumer electronics business as it prepares to move the division's headquarters from New Jersey to Texas. The restructuring comes as the company's semiconductor operation is generating record profits from the AI boom, while the divisions selling phones, TVs, and appliances are struggling with the resulting surge in chip prices.

Samsung Electronics America said 739 roles at its

Connecting the dots: Given its high price and the far-from-cutting-edge hardware, some have assumed that the Steam Machine isn't going to be a big seller for Valve. But according to a new report, the mini-PC/console hybrid is selling between 12,000 and 15,000 units per week.

Those figures come from Boiling Steam , which used

The big picture: A 21-year-old Florida resident was arrested last week for allegedly stealing more than $220,000 in cryptocurrency through malware hidden in video games. Although the indictment does not identify the storefront that hosted the infected games, it mentions several titles that were listed on Steam until recently.

The suspect , identified by the FBI as Zyaire Dontaevious Zamarion Wilkins, is accused of

Rumor mill: The RTX 5000 series is real – according to reports, an Nvidia board partner already has one of the cards in its possession. However, a familiar problem is preventing them from being released, one that will come as no surprise to anyone.

The latest RTX 5000 Super story, which comes from VideoCardz , claims that Nvidia has told the board partner holding onto the card that

The takeaway: Unveiling a long-term roadmap is often seen as a damage-control strategy when a game or franchise is underperforming commercially. Many would likely describe the Fallout franchise's current position as healthy, with Fallout 76 continuing to receive frequent content updates and the TV series recently earning several Emmy nominations. However, announcing four new games with no confirmed release dates just weeks after significant layoffs could be viewed as

Cutting corners: India's antitrust regulator has fined HP's local unit and a group of resellers after finding they coordinated bids and pricing for government technology contracts. The Competition Commission of India said HP India worked with its channel partners to influence bids for computer procurements while controlling prices for ink cartridges, toner, and other printing supplies. The penalties total 1.4 billion rupees, or about $14.4

Facepalm: GameStop CEO Ryan Cohen has sparked an unlikely controversy among gamers and long-time industry observers after stating that sales of physical video game discs are "totally irrelevant" to his company. While some are blaming Cohen for giving up on physical games, others argue that he is simply stating the obvious: these days, most AAA games are only available as digital downloads.

During an interview with Bloomberg News, Cohen was

What just happened? San Francisco has demanded that Apple and Google remove 13 AI-powered apps capable of creating nonconsensual nude images. City Attorney David Chiu has accused the companies of profiting from technology overwhelmingly used to target women and girls.

Chiu sent cease-and-desist letters to the two tech giants on Thursday, demanding that they remove eight apps from Apple's App Store and five from Google Play.

The