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7 mentions found


☆ Unity stock jumps 17% on Apple Vision Pro partnership
  + stars: | 2023-06-05 | by ( Jordan Novet | ) www.cnbc.com   time to read: +1 min
The New York Stock Exchange welcomes Unity Software Inc. (NYSE: U) Friday, September 18, 2020, as they officially begin trading today. Unity shares surged 17% after Apple on Monday said it's working with the game-development software maker as part of the release of its Vision Pro headset. Apple is working to build the third-party ecosystem of apps that people will be able to use in the $3,499 device. The iPhone maker said Adobe , Cisco and Microsoft are among the companies creating Vision Pro apps. Unity, which helps developers incorporate advertising into their apps, was one of the companies hurt by Apple's iOS privacy changes.
Persons: it's, Susan Prescott, we've, John Riccitiello Organizations: New York Stock Exchange, Unity Software Inc, Unity, Apple, Cisco, Microsoft
☆ Stock-Based Pay and Bonuses Fall Under Finance Chiefs’ Cost-Cutting Knife
  + stars: | 2023-04-05 | by ( Mark Maurer | Jennifer Williams-Alvarez | ) www.wsj.com   time to read: 1 min
Videogame company Unity Software is looking at reducing the number of shares it grants as part of compensation but hasn’t made any decisions yet. Some finance executives are tweaking compensation expenses—including stock-based pay and bonus eligibility—in the latest move among U.S. companies to cut costs from increasingly lean operations as recession concerns grow. Videogame company Unity Software Inc. and business-software firm Salesforce Inc. are among businesses weighing or moving ahead with bringing down stock-based compensation, while companies such as DSW Designer Shoe Warehouse parent Designer Brands Inc. and Facebook owner Meta Platforms Inc. are planning adjustments to worker bonuses. Firms like Google are making other trims to the employee experience by eliminating popular perks like snack bars and choosing software and equipment vendors based on cost.
☆ Unity aims to open generative AI marketplace for video game developers
  + stars: | 2023-03-22 | by ( Anna Tong | ) www.reuters.com   time to read: +2 min
March 22 - Unity Software Inc (U.N), producer of the eponymous video game development environment, aims to open a marketplace for generative artificial intelligence (AI) software, Chief Executive John Riccitiello told Reuters. Game developers routinely spend significant resources creating assets such as characters and sound effects. Major software firms have since announced a flurry of generative AI projects to capitalize on what is widely seen as game-changing technology. "In every video game in history, the dialogue was written by somebody," Riccitiello said in an interview on Tuesday. "But now what you can do with (generative AI) is give these characters motivation, personality, and objectives and then they can spawn dialogue that doesn't require a writer."
☆ Cramer's lightning round: Triton International is not a buy
  + stars: | 2023-02-10 | by ( Krystal Hur | ) www.cnbc.com   time to read: 1 min
Loading chart...Triton International Ltd : "I'm going to have to say, let's take a pass on that one." Loading chart...Baxter International Inc : "I'd rather see you in Dexcom ." Loading chart...A. O. Smith Corp : "A. O. Smith is the kind of company that makes stuff, does things, returns capital to shareholders. Unity Software Inc : "Unity Software stinks." Loading chart...BigBear.ai Holdings Inc : "How do I say, sell, sell, sell, sell, sell."
☆ Unity Software Lays Off More Workers as Tech Job Cuts Grow
  + stars: | 2023-01-17 | by ( Sarah E. Needleman | ) www.wsj.com   time to read: 1 min
Unity Software Inc. is laying off more than 200 employees, making it the latest technology company to implement staff cuts amid mounting recession fears. San Francisco-based Unity said Tuesday that 284 jobs would be eliminated. Some of those losing their jobs may be rehired for other positions if they apply for openings, the company said. Unity, a provider of tools for creating videogames and other applications, last disclosed layoffs in June, when it cut around 225 jobs. At that time, the company said it was looking to better match the size of its staff with its needs.
☆ New Adobe software tools aim to aid 3D content creation for metaverse
  + stars: | 2022-10-18 | by ( Stephen Nellis | ) www.reuters.com   time to read: +2 min
Oct 18 (Reuters) - Adobe Inc (ADBE.O) on Tuesday released a set of new software tools designed to make it easier to create three-dimensional digital objects for marketing campaigns, video games and the metaverse. But in recent years Adobe has also invested in creating three-dimensional content, a field dominated by video-game centric firms like Unity Software Inc (U.N). Such content is expected to factor prominently in the metaverse, the virtual world that Meta Platforms Inc (META.O) and others are counting on for future revenue growth. "It's only with augmented reality and with 3D that you can do that," Cottin said. The second Adobe tool released Tuesday allows artists to switch between editing a three-dimensional object on a desktop computer to manipulating it with their hands in a virtual reality headset.
☆ When the AI goes haywire, bring on the humans
  + stars: | 2022-10-13 | by ( Paresh Dave | Thomson Reuters | San Francisco Bay Area-Based Tech Reporter Covering Google | ) www.reuters.com   time to read: +7 min
The AI software told banks to deny millions of legitimate purchases, at a time when consumers had been scrambling for toilet paper and other essentials. Seasonal variations, data-quality changes or momentous events - such as the pandemic - all can lead to a string of bad AI predictions. Also to blame was its AI system learning from corrupted data, the company said. Arize AI, which raised $38 million from investors last month, enables monitoring for customers including Uber, Chick-fil-A and Procter & Gamble. Zoldi said consumer habits were changing too fast to rewrite the AI system.
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