A year after Meta Platforms introduced its artificial intelligence assistant, a picture is emerging of how people are using itâand how that differs from usage of OpenAIâs ChatGPT, the leading conversational AI. Most people who use Meta AI daily do so through WhatsApp, according to a person who has seen recent internal data; the second biggest group arrives from Facebook. Few Instagram users are tapping Meta AI. Among monthly users,... Read more âș
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When I met Mariam Naficy last week, she couldnât wait to show me her new jewelry. She had designed the earrings she was wearing herself. And her bracelet. And her ring for good measure. Technically, Naficyâwhose keen eye for e-commerce trends led her to found the early online makeup retailer Eve.com and Minted, which makes custom holiday cards and wedding invitesâhad a little help with the creation of her accessories.... Read more âș
4
Smart money and digital media donât always mix well. Just ask KKR. Five years after the private equity firm, together with the Canada Pension Plan, bought a roughly 49% stake in German media giant Axel Springer, parent of Business Insider and Politico, the two investors are fleeing the scene.That might be hyperbolic. Technically whatâs happening is that Axel Springer is breaking in two. KKR and the Canadians will walk away... Read more âș
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Surely if youâre a reader of this newsletter, you know by now that OpenAI is in late-stage talks to raise a mammoth funding round that could value it at $150 billion. What you may not know is that the company has asked investors to fork over a minimum of $250 million, according to people with knowledge of the terms. To recap, OpenAI is closing in on a new financing of... Read more âș
10
Disney said it would stop using messaging app Slack after a hacking group in July claimed to have obtained internal data from its Slack channels, including computer code and details on unreleased products, the Wall Street Journal reported. Itâs a blow to Slack owner Salesforce, which featured ... Read more âș
0
Itâs been quite the summer for MrBeastâand not in a good way. The latest: He and Amazon were hit with a class action lawsuit this week from five unnamed contestants on the upcoming $100 million reality competition show âBeast Games.â They cited a wide array of complaints, ranging from sexual harassment during the production to lack of overtime pay. MrBeast declined to comment and Amazon didnât respond to a request... Read more âș
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TikTokâs global head of marketing, Kate Jhaveri, is leaving the company at the end of September, according to a message from Zenia Mucha, TikTokâs head of global brand and communications. Mucha will take over marketing effective Sept. 23 in addition to her current role, she told employees. ... Read more âș
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Meta Platforms CEO Mark Zuckerberg and the CEOs of other firms including Spotify and Publicis published an open letter Thursday, asking EU authorities to come up with a âmodern interpretationâ of the regionâs consumer data protection rules or risk harming artificial ... Read more âș
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OpenAIâs week of good news keeps getting better.After releasing an initial version of its o1 reasoning model, o1-preview, last week, new details are emerging about a smaller but faster version of the model, o1-mini. Read more âș
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Axel Springer, the German media giant whose U.S. properties include Politico and Business Insider, is to split in two, with the classified advertising businesses being carved off from the media properties. KKR, the private equity giant which has owned the biggest stake in the company since 2019, ... Read more âș
0
Startups that design artificial intelligence chips are eyeing the Middle East as a lucrative market where they can gain an advantage on market leader Nvidia. SambaNova Systems, Cerebras and Groqâthree of the dozens of startups developing AI chipsâin the past year have announced deals to supply semiconductors and computer systems for AI efforts in Saudi Arabia and the United Arab Emirates. Now, these startups are hiring staff or opening offices.... Read more âș
0
The European Union plans to warn Apple that it must further open up its operating systems to outside developers or face big fines, Bloomberg reported. The report said the EU would stop short of launching a more formal probe and would instead just warn Apple that it needs to give ... Read more âș
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Runway, a startup that uses generative artificial intelligence to turn text or images into video, has reached a deal to license media from Lionsgate, the studio that made the John Wick franchise. In exchange, Runway will create a custom AI model for Lionsgate, potentially for pre-production and ... Read more âș
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Google convinced a European Union court to overturn a $1.7 billion fine levied by EU competition authorities over the companyâs advertising practices. The victory comes after Google lost separate antitrust cases in Europe and the U.S. The European Commission applied the fine in 2019 after ... Read more âș
0
Can an old dog learn new tricks? If the old dog is PayPal, the answer seems to be yes. Under newish CEO Alex Chrissâwhoâs about to celebrate his first anniversary in the jobâthe digital payments pioneer is striking deals that should rejuvenate its business and help it challenge newer rivals such as Silicon Valley star Stripe. Today, for instance, Amazon announced that it had added PayPal as a checkout option... Read more âș
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As director of IBM Research and co-chair of the MIT-IBM Watson AI Lab, Dr. Dario Gil oversees one of the worldâs largest research institutes. He shapes IBMâs AI vision and, as chair of the National Science Board, has a rare vantage point into the technologyâs many evolutions and uses. As part of The Informationâs recent San Francisco AI Summit, Amir Efrati, executive editor of The Information, sat down with Gil... Read more âș
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Seven of the eight directors of genetic testing firmm 23andme resigned on Tuesday, the company disclosed in a securities filing, leaving co-founder and CEO Anne Wojcicki as the lone director. Among those exiting was Sequoia Capital managing member Roelof Bothaâthe firm invested back in 2017 ... Read more âș
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Amazon is raising wages for hourly workers in its massive U.S. fulfillment and transportation operations by at least $1.50 an hour, a move that comes ahead of the peak holiday shopping season. The e-commerce giant said the increase will go into effect this month and bring the average base wage ... Read more âș
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Itâs been a busy week for creator economy events, from TikTokâs day in court to LTKCon and Snapâs Partner Summitâand itâs only Wednesday!Earlier today, I attended the annual Made On YouTube presentation, where executives including CEO Neal Mohan announced a host of new features for creators. Some will probably be popular, as they copy already popular apps run by startups but are freeâand likely to remain so. Read more âș
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A growing number of ByteDance shareholders have been selling their shares as hopes fade that the TikTok parent will go public anytime soon. But one New Yorkâbased venture firm thatâs already invested over $100 million in the internet company is still eager to buy. Mitchell Green, founder of Lead Edge Capital, which has been buying shares of ByteDance from other investors, said the stock is âridiculously cheapâ given the size... Read more âș
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28.03.2026 22:24
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