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SpaceX alumni startup Terrafirma raises $115 million for remote construction equipment

Terrafirma, a construction technology startup founded by former SpaceX engineers, has raised $115 million, CNBC reported. Investors include Kleiner Perkins, Bain Capital Ventures, SpaceX, Anduril and Hadrian. The Austin, Texas-based company is developing technology to remotely operate construction equipment using interfaces including an Xbox controller. It says the technology reduces costs and improves safety, and its long-term goal is building infrastructure on Mars.

Games & Commerce

All games will end up digital after 20 years, Nintendo ex-president\'s 2009 prediction proves true

As the console games market rapidly shifts from physical packages to digital downloads, a long-term outlook by former Nintendo president Satoru Iwata (이와타 사토루) in 2009 is again in focus. He said it would take about 20 years for digital distribution to fully replace physical sales. Recent changes by Sony and Nintendo are seen as making that forecast a reality, including Sony’s plan to halt new PlayStation game disc production from January 2028.

AI & Enterprise

Microsoft cuts 4,800 jobs, scales back Xbox unit and splits off four game studios

Microsoft is cutting 4,800 jobs and reducing staffing at its Xbox division by about 20 percent, CNBC reported on Sunday. The layoffs amount to 2.1 percent of the company’s workforce, and Microsoft said the restructuring is aimed at reducing costs during the transition to AI. Xbox CEO Asha Sharma told employees the unit plans to cut 3,200 roles by fiscal 2027. Microsoft will also separate four game studios.