Defense tech lures student job-seekers

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Tech Across the Globe

Singles Day sales: JD.com said it generated record sales during China’s massive online shopping gala, overcoming worries that the country’s consumers weren’t ready to spend.

Google’s expansion in Germany: Google said it plans to invest $6.4 billion into computing resources and operations in Germany over the next four years, joining a wave of spending pledges from technology companies in recent months.

Sony’s home-market PlayStation: The company introduced a PlayStation 5 console solely for Japan, cutting the cost by 25% in an effort to compete with a similar Switch 2 for the home market from Nintendo.

Revalued

AI agent builder Genspark raised $200 million in a funding round from backers including LG Group’s investment arm that valued the company at $1 billion. The California-based startup recently set up offices in Singapore and Japan as part of a global expansion.

Must Read

Students who attended the Defense Technology Conference last month at Stanford University said the idea of working in the industry appealed to their sense of “mission over money,” Janne Knodler reports in today’s Tech In Depth. While some see defense technology as a return to Silicon Valley’s roots, not everyone is convinced that developing weapons is cool, she writes.

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This Week in Game On

Kenny Sun, a 32-year-old living in Brooklyn, began making video games as a hobby in high school. Now he’s pinching himself that his latest game, Ball X Pit, is a viral hit that has sold 750,000 copies since its release Oct. 15, generating gross revenue of more than $11 million, Jason Schreier writes in this week’s Game On.

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