| Adamya Sharma / Android Authority: |
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app — It's currently available in the US on the YouTube Android app. — • — TL;DR — YouTube Premium members in the US … | Anthony Ha / TechCrunch: |
Bluesky confirms Jack Dorsey left its board and says the public benefit company is searching for a new board member; Dorsey announced Bluesky in December 2019 — It sounds like Bluesky's most prominent backer is no longer on its board. — On Saturday, Jack Dorsey posted on X about grants … | Aaron Holmes / The Information: |
Sources: Microsoft is training a new, in-house AI model that has ~500B parameters, large enough to compete with top models from Google, Anthropic, and OpenAI — For the first time since it invested more than $10 billion into OpenAI in exchange for the rights to reuse the startup's AI models … | Counterpoint Research: |
iPhone 15 Pro Max was Q1's best-selling smartphone; Pro phones were 50% of Apple's sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10 — - Apple and Samsung dominated the list of top 10 best-selling smartphones in Q1 2024. — This was the first quarter in which the top 10 smartphones were all 5G capable.| Emily Nicolle / Bloomberg: |
Visa and Allium Labs: less than 10% of the ~$2.2T stablecoin transactions in April were “organic payments activity”, which excludes bots and large-scale traders — - Less than 10% of stablecoin transactions are “organic:” Visa — PayPal, Stripe are among fintechs expanding in stablecoins| Aoyon Ashraf / CoinDesk: |
Filing: Robinhood's crypto arm got a Wells notice from the US SEC on May 4; on June 27, 2023, Robinhood ended support for tokens named in previous SEC lawsuits — The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.| Kyle Wiggers / TechCrunch: |
Stack Overflow signs a deal with OpenAI to supply data to its models; new integrations between Stack Overflow and OpenAI will be available by the end of June — OpenAI is collaborating with Stack Overflow, the Q&A forum for software developers, to improve its generative AI models' performance on programming-related tasks.| Robert Lemos / Dark Reading: |
AT&T finishes its cybersecurity services group divestiture and forms LevelBlue, which has 1,000+ staff in 10 countries focused on managed cybersecurity services — AT&T completed its divestiture of its cybersecurity services group and formed a joint venture with more than 1,000 employees … | Erin Griffith / New York Times: |
The increase of stock sales in privately held companies leads to tensions with startups like Stripe; the market is estimated to rise 40% YoY to $64B in 2024 — The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.| Wall Street Journal: |
Interviews with finance experts and young adults suggest TikTok videos about the economy and consumerism are creating a distorted view of financial well-being — Endless videos about the economy and consumerism are giving 20-somethings a case of ‘money dysmorphia’ — Americans under 30 get much of their news on TikTok.| Carl Franzen / VentureBeat: |
Hugging Face launches LeRobot, an open-source robotics code library, after hiring Tesla scientist Remi Cadene to lead a new open-source robotics project — Earlier this year, in March 2024, the AI developer-focused startup Hugging Face — known for maintaining the largest online repository … | Ashley Carman / Bloomberg: |
Over 40K Audible books are marked as having been made with an AI “virtual voice”, saving authors hundreds or thousands of dollars per title on narration costs — While authors appreciate the new revenue stream, audiobook listeners are complaining about the influx of new material
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| Pieter Haeck / Politico: |