| Abner Li / 9to5Google: |
Google explains AI Overviews' viral mistakes and updates its systems, including “better detection for nonsensical queries” and limiting satire and humor content — Google this afternoon published a long response about AI Overviews and their accuracy.| Reuters: |
Sources: TikTok is working on a clone of its recommendation algorithm for its US users that may result in a version that operates independently of ByteDance — TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version … | Mark Gurman / Bloomberg: |
Sources: Apple plans to overhaul Siri with more advanced AI, a move that would allow Siri to take command of all the features within apps for the first time — - The feature will be at the heart of renewed Apple push into AI — Idea is to operate features within individual apps using voice| Sarah Perez / TechCrunch: |
Spotify creates a refund process for its discontinued Car Thing gadget, as consumers sue claiming Spotify misled them by selling a soon-to-be obsolete product — Spotify is facing continued backlash over its decision to discontinue support for Car Thing, its in-car streaming device … | Emily Nicolle / Bloomberg: |
Tether acquires a $100M stake in US-listed bitcoin miner Bitdeer owned by Chinese billionaire Jihan Wu, with an option to buy $50M more in shares within a year — - Bitcoin miner is owned by the Chinese billionaire Jihan Wu — Bitdeer was previously in talks with private credit firms| Devin Coldewey / TechCrunch: |
Researchers claim that 2,107 US voters, mostly older, white Republican women, accounted for spreading 80% of the fake news on Twitter during the 2020 election — A pair of studies published Thursday in the journal Science offers evidence not only that misinformation on social media changes minds … | Dan Fitzpatrick / Forbes: |
OpenAI unveils ChatGPT Edu, an “affordable” version for universities, including GPT-4o access, custom GPT creation, and higher message limits than the free tier — OpenAI has announced ChatGPT Edu. This will be a specialized version of its AI platform designed specifically for universities.| Paul Sawers / TechCrunch: |
The European Commission designates Temu as a “very large online platform” and says the company will have to comply with DSA rules by the end of September 2024 — Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face … | Natasha Lomas / TechCrunch: |
Spain's data protection regulator AEPD bans Meta from launching election features on Facebook and Instagram in the country, by using emergency powers in GDPR — Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using … | Dan Primack / Axios: |
Sources: Vista Equity has written off the entire value of its investment in tech learning platform Pluralsight, three years after taking it private for $3.5B — - One source says that the Utah-based company's financials have improved, with a around 26% EBITDA growth in 2023 … | Eleanor Olcott / Financial Times: |
Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a ~$3B valuation, making it the only foreign investor in Chinese generative AI — Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI — A Saudi Arabian fund has backed China's … | Kurt Wagner / Bloomberg: |
How Meta revamped Facebook's feed to show more posts from outside a person's network of friends and family, in a move to fight TikTok and win back younger users — - Feed now features a broader array of posts based on interest — More young adults are back on Facebook after years of declines| Axios: |
The US Treasury Department plans to make the IRS' Direct File program permanent from the 2025 tax season and invites all states and Washington DC to participate — - Treasury announced earlier this month that more than 140,000 people participated in the Direct File pilot program … | Forbes: |
OpenAI is hiring research engineers to rebuild its robotics team; sources: the company plans to develop tech that robot makers will integrate into their systems — After disbanding its efforts to build a general purpose robot in 2020, the AI juggernaut is embarking on a new attempt … | Shubham Sharma / VentureBeat: |
ElevenLabs launches Sound Effects, a tool that lets users generate sound effects via prompts and uses an in-house model fine-tuned on Shutterstock's audio data — After launching tools for text-to-speech and speech-to-speech synthesis, AI voice startup ElevenLabs is moving to the next target.| Joshua Benton / Nieman Lab: |
Rest of World retracts an article on WhatsApp misinformation “tip lines” in India after several fact-checking orgs detail how it was “riddled with inaccuracies” — Last week, the technology site Rest of World published a story on the apparent failings of WhatsApp misinformation “tip lines” in India.| Evgeny Obedkov / Game World Observer: |
Sony says PS5 generated $106B in revenue in less than four years vs. PS4's $107B over seven years, PS5 in-game purchases spending up 176% over PS4, and more — Sony has published its annual business briefing. Here are the key takeaways about the performance of the PlayStation business and updates to the company's gaming strategy.| Manish Singh / TechCrunch: |
Stripe says it will temporarily move to an invite-only model for new account sign-ups in India, as it navigates the country's evolving regulatory landscape — Stripe, the global fintech giant, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India … | Ben Thompson / Stratechery: |
A look at the different approaches to AI integration and modularization taken by Google, AWS, Microsoft, Nvidia, Meta, and Databricks, and the implications — Satya Nadella, in last week's Stratechery Interview, said in response to a question about Google and AI:
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| Gerrit De Vynck / Washington Post: |
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