Valve Corporation has delayed the launch of its Steam Machine, Steam Frame, and Steam Controller from the originally targeted first quarter of 2026 to the first half of the year, according to multiple news sources. The delay stems from industry-wide shortages of memory and storage components.
The ongoing shortages and rising costs of components have also prompted Valve to reassess the pricing of the devices before announcing definitive launch dates, The Verge reported. The company initially planned to release the new hardware in Q1 2026, as stated on the Steam News website.
In other tech news, the "Stripe Mafia," a network of former Stripe employees, continues to make waves in the startup world. Duna, a business identity verification startup founded by Stripe alumni, recently secured $30 million in Series A funding, TechCrunch reported. This funding highlights the continued success and financial backing of companies originating from the fintech giant.
Meanwhile, cybersecurity remains a concern as multiple news sources reported data breaches at Harvard University and the University of Pennsylvania. The hacking group ShinyHunters is reportedly responsible for the breaches, according to Variety.
Beyond the tech sector, global events continue to unfold. Time reported on the dire conditions faced by Kyiv residents due to ongoing Russian attacks on Ukraine's energy grid. Domestically, a House hearing saw a clash between Maxine Waters and Treasury Secretary Scott Bessent over former President Trump's tariff policies, according to Time. The FBI's investigation into a Pentagon leak led to the seizure of a reporter's devices, sparking a legal battle, also reported by Time.
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