Tech Moves: Microsoft Research gets a new leader; Amazon head joins AI startup; JPMorgan exec departing

Tech Moves: Microsoft Research gets a new leader; Amazon head joins AI startup;  JPMorgan exec departing

Peter Lee, left, and Igor Tsyganskiy. (GeekWire File Photo and LinkedIn Photo) Igor Tsyganskiy is now executive vice president of Microsoft Research (MSR) as past president Peter Lee steps aside to become president of Microsoft Science, which spans physical, biological and medical fields. “My new role is designed to reduce my management responsibilities and let me spend as much of …

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Valve defends loot boxes in response to New York’s lawsuit

Valve defends loot boxes in response to New York’s lawsuit

It must be 2017 because loot boxes are back in the news again. Two weeks after New York’s attorney general sued Valve over its use of the gimmick, the company has responded. In short, the Steam maker essentially said, “See you in court.” New York’s lawsuit accuses Valve of promoting illegal gambling through its games. AG Letitia James called the …

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Replit snags $9B valuation 6 months after hitting $3B | TechCrunch

Replit snags B valuation 6 months after hitting B | TechCrunch

Vibe-coding sensation Replit has hit another funding milestone. The company announced Wednesday that it raised a $400 million Series D at a $9 billion valuation, led by previous investor Georgian Partners. Other participating investors include G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures. Founder and CEO Amjad Masad also said …

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