Tech news picked on 2026-07-01
The Real Reason Xbox Is Closing Studios: The End of Console Exclusives
- Microsoft made another major restructuring in its gaming division on June 30.
- Arcane Lyon's Marvel's Blade entered the cancellation process, and IO Interactive stepped away from its new fantasy IP, but Hideo Kojima's OD survived.
- Even if a company can quickly abandon exclusive console strategies, it cannot dictate the speed at which users shift to subscriptions and multiplatform.
- The space left by reducing new IPs lasts longer than expected.
AI Is No Longer Sold but Embedded with Clients, The Rise of FDE
- AWS is investing $1 billion into an FDE organization that embeds engineers with clients.
- Following OpenAI's $4 billion and Anthropic's $1.5 billion investments, this is the third bet, signaling Palantir-style models are becoming the standard for enterprise AI sales.
- However, this should not be read as a license to endlessly accept customer demands.
- If field work does not become reusable tools, the team turns into a client-specific development group, so common asset ownership should be clearly defined in the contract.
The Future of Deep Tech and Edutech Startups in Ulsan
- Ulsan is
- connecting local deep tech and edutech companies with investors through a platform called S. Lounge.
- The biggest bottleneck in regional startups is not technology but finding places to meet investors, so the direction is properly chosen.
- However, holding IR events is different from actual money moving, and there are no follow-up investment results yet.
- For edutech, being able to quantify learning effects is one of the few conditions to stand on par with large private education brands.
Opportunities for Growth in Care Startups from the Perspective of Founders
- Support for care startups is increasing with the opening of the 4th Social Link Academy and a disability entrepreneurship education hub at the Central Social Service Institute.
- Demand is driven by demographic structure, but actual revenue only occurs after passing local government consignment and beneficiary approval processes.
- For AI and IoT products to be used on site, both care workers' hands and caregivers' consent must be obtained.
- The company's schedule is determined by when the first consignment contract is secured rather than by the selection of education programs.
A New Turning Point in Venture Investment Contracts
- The 2023 standard venture investment contract has been revised for the first time in three years.
- The revision was prompted by cases where the structure of redeemable convertible preferred shares resulted in failure to meet IPO requirements, meaning that the cost unknown despite reading the contract was charged belatedly.
- However, just because the standard wording has changed does not mean the negotiating power shifts to the founders.
- If you are about to enter an investment contract, first consider how our redemption clauses will function during listing review several years later.