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Veritone Picks Up $6.5M In PPP Loans

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Costa Mesa-based artificial intelligence software developer Veritone --which is publicly traded on the NASDAQ as VERI--reported that it has received a total of $6.5M The company said the loans, from Sunwest Bank, will allow it to continue operations without salary reductions, layoffs, or furloughs.

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Activision Blizzard To Slash Almost 800 Employees

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Most of the cuts are in non-development positions--Activision Blizzard said that the number of developers working on its popular Call of Duty, Candy Crush, Overwatch, Warcraft, Hearthstone and Diablo titles, in aggregate will increase approximately 20% over the course of 2019. READ MORE>>.