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Nightdive Studios revives a cult classic 3DO game from 1996

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Nightdive Studios revives a cult classic 3DO game from 1996

Nightdive Studios has reimagined another cult classic game for modern audiences. Killing Time: Resurrected is a refresh of the 1996 3DO and PC original. For the uninitiated, the game was notable at the time for attempting to blend full-motion video (FMV) with a first-person shooter. It truly looked like nothing else when it was released during the heyday of Bill Clinton’s first term as president.

Like most Nightdive remakes, Killing Time: Resurrected isn’t just a simple remaster. This title boasts 4K visuals, a 144Hz frame cap and other modern graphical goodies like anti-aliasing. The menu art and 2D screens have also been redone.

As for gameplay, fans will now have access to all of the weapons from both the 3DO and PC versions of the game. Back in the 1990s, several weapons were exclusive to each platform. There’s also plenty of newly-unearthed content that was cut from the original, including a pool house stage and a shipwreck.

The 50 live-action FMV sequences have been fully remastered, and they really pop in this remake. Players can toggle between the original sprites and the updated visuals, which is always a nice touch. Nightdive promises “upscaled environmental texturing, smoother gameplay, more responsive controls.”

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The load times between areas have also been completely eliminated. Those load times were pretty brutal back in the 1990s, if memory serves. Killing Time: Resurrected is available right now for PC via Steam. There’s a launch sale going on, dropping the title down to $20 from $25.

Nightdive Studios has been pumping out all kinds of high-quality remakes and remasters lately. It handled the critically-acclaimed remaster of Star Wars: Dark Forces and a complete remake of System Shock. The company was recently purchased by Atari.

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Fluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup

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3 Fluid Truck vehicles of varying sizes

Less than two months after Fluid Truck’s board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee. 

Fluid has also been approved on an interim basis as of today for a $7 million loan to keep the business operational and fund the restructuring and sale process through the end of the year.

The bankruptcy filing in a Delaware court comes as the company’s losses mount and it faces several lawsuits, including a class action filed on October 10 in Colorado, after it allegedly failed to pay money owed to members of its Fluid Vehicle Investor Program (FVIP) — a program that allowed individuals, including employees, and small business owners to purchase fleets of vans and trucks to be rented out on the platform under Fluid’s management. 

Fluid Truck has estimated that the number of creditors awaiting payment is at around 5,500. The company owes FVIP members $12 million, and owes vendors $26 million. That’s on top of the $20.6 million in cash losses Fluid Truck suffered in 2023. 

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James Eberhard and Jenifer Snyder, Fluid Truck’s sibling co-founders and former CEO and chief legal counsel, respectively, founded the startup, which has been referred to as the Zipcar of commercial vehicles, in 2016. Since then, Fluid Truck has managed to raise more than $80 million in venture funds and expand to 400 cities in 32 states across the U.S. But the company soon found itself in a deep financial hole under the stewardship of Eberhard due to a combination of macroeconomic factors and mismanaged insurance claims. 

Fluid’s deficits accumulated and bad blood started festering between Eberhard and two minority shareholders on the board — Bison Capital and Ingka Investments — according to people familiar with the matter. Eberhard was unable to raise more capital to fund the company’s losses, and in July, the board voted to remove him and Snyder from their roles. 

Eberhard’s replacement, Scott Avila from Paladin Management, began exploring liquidation options in August, according to a declaration he filed in bankruptcy court on October 16.  

But then Fluid Truck received a large, long-awaited payment from a customer, and decided to use that momentum to try to sell the company. That’s when Kingbee Rentals, a van rental agency in West Valley City, Utah, came forward unexpectedly as a potential buyer. 

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The only problem? Kingbee couldn’t afford to acquire all of Fluid Truck’s assets on its own. And Fluid Truck couldn’t afford to keep the lights on for much longer. So in its bankruptcy filing, Fluid Truck has asked the courts to approve emergency funding in the form of a $7 million debtor-in-possession (DIP) loan from Kingbee and some existing investors, and the court approved it on an interim basis on Friday.

“The DIP lenders basically said, ‘We’re going to loan you this money, but if the sale doesn’t close by December 31, you’re in default, and we can liquidate the business,” Adam Stein-Sapir, a bankruptcy expert at Pioneer Funding Group, told TechCrunch. “It gives them a hammer to do something if [Fluid] blows past that deadline.” 

It’s unclear how much Fluid Truck will be able to sell its assets for, but Stein-Sapir says it could be around that $7 million mark. That’s bad news for any unsecured lenders, like FVIP members, who will be among those last in line to be paid back. 

“For people who are just unsecured here, it’s looking pretty grim in terms of recovery,” Stein-Sapir said. “Unless they filed a lien or have some kind of security in those funds, they are in some trouble.” 

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Fluid Truck did not immediately respond to a request for comment.

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Sam Altman’s eyeball-scanning crypto project has a new Orb and a new name

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Sam Altman’s eyeball-scanning crypto project has a new Orb and a new name

Worldcoin, the cryptocurrency / human identity network / UBI project co-founded by OpenAI CEO Sam Altman, is now known as World. Along with the name change, World introduced an updated version of its eyeball-scanning Orb device which is designed to solve a problem that does not currently exist: authenticating that someone is human “in the age of AI.”

People registered to the system get a World ID that they can use to “securely and anonymously” prove their humanness online, as well as a share of its associated WLD cryptocurrency token.

The new Orb is made with 30 percent fewer parts than its predecessor, which is supposed to make it easier and cheaper to build, and equipped with Nvidia’s robotics and AI platform, Jetson, for some reason. Rich Heley, the chief device officer of Tools for Humanity — the foundation behind the World project — said during an event on Thursday that the simplified design should help achieve the goal of making the Orb widely available.

“To provide access to every human, we need more Orbs. Lots more Orbs. Probably on the order of a thousand times more Orbs than we have today,” Heley said. “Not only more Orbs but more Orbs in more places.” In addition to ramping up production of the Orb, World will even let people purchase or rent their very own eyeball-scanning sphere so they can “start verifying unique humans” in their communities.

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It’s also launching a new service called “Orb on Demand” (yes, it’s really called that) that will let people order Orbs “much like a pizza you would have delivered to your apartment,” Heley said. The Orb is also coming to more countries, including Costa Rica, Brazil, Indonesia, Australia, the United Arab Emirates, Morocco, and others.

World says it has verified nearly 7 million “unique humans” so far, despite privacy concerns about building a privately operated global database based on biometrics.

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Qualcomm’s canceled mini-PC could spell trouble with consumers down the line

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Qualcomm Snapdragon 7c Gen 2

Qualcomm’s Snapdragon Elite chips have been the star of many AI PCs released to market in 2024, greatly enhancing performance and battery life compared to their previous gen iterations. However, the manufacturer’s recent endeavor to improve on one of its negative points hasn’t panned out.

Qualcomm has canceled its dev kit, a Snapdragon mini-PC powered by Windows on Arms. Originally, it was planned for a June 2024 release window but missed that entirely. Now, as part of an official announcement, Qualcomm has stated that the kit has been canceled because it “has not met our usual standards of excellence.”

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BlackRock’s ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street

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BlackRock's ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street


Marquee at the main entrance to BlackRock headquarters building in Manhattan.

Erik Mcgregor | Lightrocket | Getty Images

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SALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S. Now investors are flocking in, and a lot of them are crypto enthusiasts who are new to Wall Street.

Cohen, who heads up the asset manager’s exchange-traded funds and index investments as chief investment officer, told CNBC that BlackRock now sees the demand was for a better way to access bitcoin. “It was for the ETF wrapper,” she told CNBC on stage at the Permissionless Conference in Utah.

The total market cap of all eleven spot bitcoin ETFs now tops $63 billion, with total flows of nearly $20 billion. In the last five trading days alone, spot bitcoin ETFs have seen net inflows of more than $2.1 billion, with BlackRock accounting for half of those sales.

The spike in trading volume comes as bitcoin hit its highest level since July this week, trading above $68,300. Bitcoin ended the third quarter up around 140% from the same quarter a year ago, outpacing the S&P 500, as these spot token funds and the crypto market cap move higher in lock-step. Crypto-aligned stock Coinbase closed up about 24% this week, its best week since February.

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Cohen told CNBC that part of the strategy for attracting customers to its funds was teaching crypto investors about the benefits of exchange-traded products (ETPs).

13F filings, which offer quarterly reads on equity positions taken by large investors, show that 80% of the buyers of these new spot bitcoin products in the U.S. are direct investors. Of the 80% of direct investors, Cohen told CNBC that 75% had never before owned an iShare, one of the best-known and largest ETF providers on the planet.

“So we went into this journey with the expectation that we needed to educate ETF investors on crypto and on bitcoin specifically,” said Cohen. “As it turns out, we have done a lot of education of crypto investors on the benefits of the ETP wrapper.”

Before the U.S. Securities and Exchange Commission green-lit spot bitcoin funds in January, investors had a few ways to buy and custody cryptocurrencies. A centralized exchange like Coinbase was among the most user-friendly options for U.S investors. But the blockbuster debut of bitcoin ETPs has laid bare to Cohen and others across Wall Street, that crypto exchanges weren’t giving digital asset investors everything they needed.

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BlackRock’s IBIT vs. bitcoin YTD

It helps that the U.S. is a huge market for digital assets. New data from Chainalysis shows that North America remains the biggest crypto market globally, accounting for nearly 23% of all crypto trading volume. The blockchain analytics platform estimates that between July 2023 and July 2024, there was $1.3 trillion in on-chain value received.

Venture firm a16z found in its recently released State of Crypto report that more than 40 million Americans hold crypto.

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So far, adoption has mostly been through wealth management clients asking advisors to add new spot crypto products to their portfolio.

The Bitcoin ETF wrapper will help investors manage risks, says BlackRock's Samara Cohen

In August, Morgan Stanley was the first big bank to allow its 15,000 financial advisors to pitch bitcoin ETFs from BlackRock and Fidelity to clients with a net worth over $1.5 million. Other firms are still performing in-house due diligence before allowing their armies of FAs to start actively pitching the funds.

“Wealth manager allocators have not been allocating,” VanEck CEO Jan van Eck told CNBC in Utah. “I mean, they’re barely even warming up.”

Van Eck drew parallels to the European market, where the company has 12 token-based products trading in Europe.

“It’s exactly what we see in Europe,” he said. “Very few private banks have really approved investment in bitcoin or ethereum or anything else in a major way.” Van Eck said his company has about $2 billion in its European crypto ETPs, and that a lot of the volume is from individual investors.

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Wall Street needs rules from lawmakers on Capitol Hill before it gets more comfortable with crypto.

ETFs create transparency

Cohen thinks that in a lot of ways, ETFs and blockchain technology are solving for similar things.

“ETFs have been a decentralizing force in TradFi markets that have brought a lot more access and transparency, and importantly, really accelerated in growth during the post crisis 2008, 2009 period,” said Cohen, referring to traditional finance markets.

“I find it incredibly meaningful to look at the fact that the bitcoin whitepaper was published on October 31, 2008, and then you have the G20 leaders from around the world meeting to discuss the aftermath of the financial crisis and how do you create more transparency through public reporting,” Cohen continued.

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BlackRock took on less risk by using counterparty clearing and multilateral trading. In TradFi markets, those moves created huge tailwinds for ETFs.

“Then at the same time, DeFi is becoming a reality over the intervening 15 years,” she said.

“Was this a win for Bitcoin? Was this a win for ETPs? To me, the answer is: It’s a win for investors, to the extent we can effectively marry these ecosystems which are solving for the same goals.”

Ether ETFs officially begin trading in the U.S.



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Writing backwards can trick an AI into providing a bomb recipe

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Writing backwards can trick an AI into providing a bomb recipe

ChatGPT can be tricked with the right prompt

trickyaamir/Shutterstock

State-of-the-art generative AI models like ChatGPT can be tricked into giving instructions on how to make a bomb by simply writing the request in reverse, warn researchers.

Large language models (LLMs) like ChatGPT are trained on vast swathes of data from the internet and can create a range of outputs – some of which their makers would prefer didn’t spill out again. Unshackled, they are equally likely to be able to provide a decent cake recipe as know how to make explosives from household chemicals.

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Snag this excellent 2K gaming PC for just $1,899

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Snag this excellent 2K gaming PC for just $1,899
ibuypower RDY Y60 005 gaming desktop
ibuypower

If you’re not that inclined to build a PC from scratch, then buying a pre-built gaming PC makes a lot of sense, especially since there are a lot of great deals now that more than make up for anything you would lose for not building it yourself. One great example is the RDY Y60 from iBuyPower, a solid gaming desktop from a boutique maker specializing in interesting builds, and the best part is that it has quite a significant discount on it for a configuration that comes with an RTX 40-series card. Instead of the usual $2,349 the RDY Y60 goes for, you can snag it for just $1,899, which accounts for a solid $450 discount. Also, if you use the code IBP25YR, you can get an extra $50 discount, or up to $300 if you spend up to $3,999 on an iBuyPower PC.

Why you should buy the RDY Y60 gaming desktop

One of the most important parts of any gaming desktop is the GPU, and in this case, you get the excellent RTX 4070 Super, which straddles the line between performance and price. This is actually the perfect 1440p GPU since you’re going to be getting between 60-100 fps with ultra settings, depending on the game. You could theoretically push it to 4K if you want to pair it with the latest and best gaming monitors, but you likely won’t see more than 55-60fps, at best, and you may need to have to play around with graphical settings.

Besides that, you get one of the best CPUs on the market, the Intel Core i9-14900KF CPU, which will easily handle any game or task you throw at it and even allow you to do some streaming while you game. The 32GB of RAM included is also very impressive, as is the 2TB of storage that you get to work with. Of course, you could always expand that storage with one of these SSD deals, but it probably isn’t necessary once you first get it. Also, it should be noted that the RDY Y60 ships without the GPU installed, so there will be some minor assembly required, but at least iBuyPower provides you with instructions.

This configuration iBuyPower’s RDY Y60 has a lot of powerful specs under the hood, and for the $1,899 price tag, it’s essentially a steal. On the other hand, if you’re looking for a few different options to pick from, these gaming PC deals are worth checking out.


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