The âSteamboat Willieâ version of Mickey Mouse emerged in 1928 from Walt Disneyâs passion project to marry cartoons with synchronized sound. It lost copyright protection on Jan. 1 as generative artificial intelligence tools launched a creative revolution threatening Hollywoodâs business model. New generative AI tools such as OpenAIâs Sora, which creates videos from text prompts, make it easier for anyone to be a 21st-century Walt Disney. Using a text-to-video AI... Read more âș
0
For all thatâs leaked about the sizes and architectures of the advanced large language models developed by OpenAI and its ilk, we still donât know what data they were trained on.A pessimist might say thatâs because of the numerous lawsuits LLM developers would face if the amount of copyrighted content they were using was revealed, but a more generous explanation would be that itâs because the makeup of their training... Read more âș
15
The day President Joe Biden signed a law that would ban TikTok in the U.S. if it doesn't cut ties with its Chinese parent, ByteDance, within a year, TikTok CEO Shou Zi Chew and other senior executives led an all-hands meeting for staff, reassuring them that TikTok will successfully fight the new law. Chew struck an optimistic tone. At one point, according to six employees in attendance, the CEO joked... Read more âș
1
Over the last five years, there have been promising advances in climate technologiesâand they could have a real impact on reducing greenhouse gases. But all of these technologies have one thing in common: They need support for a large range of financial needs. Steve LeVine, editor of The Electric, sat down with three climate tech venture veterans to discuss why funding climate technologies is a smart investment: Brook Porter, partner... Read more âș
0
You can just imagine what Disney CEO Bob Iger was thinking today: If itâs not one thing, itâs another. Disney surprised the market by reporting that its streaming services all but broke even in the March quarter, a notable achievement given that it was wallowing in red ink just a few quarters ago. But the pesky worrywarts of the stock market chose to worry about Disneyâs forecast of a slowdown... Read more âș
0
Venture capitalists are getting comfortable writing big checks again, judging by April deal activity. The lingering panic thatâs occupied the private tech markets for the past two years is subsiding, investors say, due to the stock marketâs rebound and because these larger investors are fed up with hoarding cash. So, despite the slow recovery of initial public offerings and persistently high interest rates, the prevailing sentiment is pretty much: âIf... Read more âș
0
Ahead of Monday nightâs Met Gala, you had to wonder whether TikTokâs first-time sponsorship of the high-profile fashion and fundraising event would set up an awkward dynamic given the appâs uncertain future in the U.S. Instead, the Met Gala had an artificial intelligence problem, not a TikTok one. Read more âș
2
Googleâs cloud computing unit is adding hundreds of salespeople and engineers to new artificial intelligenceâfocused teamsâincluding staff moved from other parts of Google Cloudâas it embarks on a major push to get businesses to adopt its Gemini model and other AI software. In recent weeks, the company has been moving salespeople from teams focused on particular industries and geographies to a dedicated AI sales team run by Oliver Parker, a... Read more âș
13
China-founded fashion giant Shein told employees it is stepping up its efforts to keep products made with forced labor off its site, citing tougher U.S. enforcement to screen low-value parcels that previously received little customs scrutiny. In a memo to senior managers, Sheinâs executive chair, Donald Tang, said the company is prioritizing compliance and called on U.S.-based managers to report potential issues, saying people who raise âlegitimate concernsâ wonât be... Read more âș
0
Itâs been hard to miss the absolute beating AI-powered devices have gotten in recent weeks.First, we saw YouTuber Marques Brownleeâs scorching review of the $699 Humane Ai Pin, which he deemed the âworst productâ heâs ever reviewed. (Yikes.)Next, the rabbit r1, a kitschy, bright-orange handheld device that first went viral when it launched at the Consumer Electronics Show in January, came under fire as its founders were accused of being... Read more âș
0
In late 2021, Jonah Peretti, CEO of BuzzFeed, logged onto a virtual all-hands meeting to tell the staffers of Complexâa publication BuzzFeed was then in the process of acquiringâhow much the media brand meant to him. In an effort to connect with Complexâs coverage of sneaker culture, Peretti recalled a prank he had pulled as a graduate student in 2001 in which he tried unsuccessfully to get Nike to embroider... Read more âș
17
Ted Sarandos should be pleased. Sunday nightâs roast of retired NFL quarterback Tom Brady, aired live on Netflix, was a cultural hit, judging from the flood of praise on X (see here, here and here) and news media coverage like this. If nothing else, this symbolizes what old-TV giants have lost to Netflix. People of a certain age may remember that comedy roasts used to be the domain of Paramount... Read more âș
2
A week after reporting a battery development agreement with an unnamed maker of smartphones, silicon battery maker Enovix on Monday laid off approximately 170 workers at its Fremont, Calif., factory. The layoff appeared to be part of a company attempt, announced last week, to reduce annual operating costs by $35 million before the end of the year. In the companyâs first quarter earnings call on Wednesday, CEO Raj Talluri said... Read more âș
0
For the first time since it invested more than $10 billion into OpenAI in exchange for the rights to reuse the startupâs AI models, Microsoft is training a new, in-house AI model large enough to compete with state-of-the-art models from Google, Anthropic and OpenAI itself.The new model, internally referred to as MAI-1, is being overseen by Mustafa Suleyman, the ex-Google AI leader who most recently served as CEO of the... Read more âș
126
When Goldman Sachs CEO David Solomon gathered two dozen tech executives, bankers and investors to a wine and steak dinner in Las Vegas last November, seated next to him was Cliff Obrecht, co-founder of Canva, a $26 billion privately held design software company. Canva is exactly the kind of company Goldman would look to take public one dayâprofitable and growing fast. But Solomonâs investment banking giant wasnât waiting for an... Read more âș
0
Last week, the Biden administration released its final rules attempting to cut China out of the U.S. battery supply chain and encourage American companies to build battery and electric vehicle manufacturing capacity in the U.S. It left one conspicuous opening for Chinese companies: For two years, they could continue to supply graphite to U.S. battery manufacturers and automakers, who claimed that without the exemption, none of their EVs would qualify... Read more âș
1
Welcome, Weekenders! In this newsletter:A race against Apple that didnât go as expectedSilicon Valleyâs favorite new supplementsPlus: The terrors of an AI afterlife; a CEO who loves to war; and the hit that Netflix missed.A very rare watch sold for $1.5 million at auction a few days ago, a 14-karat gold heirloom belonging to John Jacob Astor IV, the man who opened the Waldorf Astoria hotel in Manhattan and died... Read more âș
0
Everyone in Silicon Valley is on something these days. In all, the global supplement industry is expected to surpass $192 billion in 2024, driven by web ads, podcast hosts and word-of-mouth recommendations. There are the time-tested basics, like creatine and protein powders, as well as a medicine cabinetâs worth of more unusual and much less proven ones, such as fadogia root (a purported testosterone booster) and magnesium L-threonate (commonly used... Read more âș
0
If youâre lying awake at 3 a.m. one night, try reading the Justice Departmentâs 509-page âproposed finding of factâ in its antitrust lawsuit against Googleâs search business, a revised version of which was filed with the court on Tuesday. You likely wonât make it past the extensive table of contents before you fall asleep. Even so, getting through the document is probably worth it, at least for investors in Googleâs... Read more âș
0
Two senior OpenAI executivesâvice president of people Diane Yoon and Chris Clark, head of nonprofit and strategic initiativesâleft the company earlier this week, a company spokesperson said. The two resignations are the latest high-profile changes to OpenAIâs leadership in the aftermath of Sam Altmanâs dramatic ouster and subsequent rehiring by the nonprofit board that runs the startup, events that highlighted its unusual corporate structure. Both executives were among the most... Read more âș
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Business Insider
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The Verge
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11% 4 |
Tech Wire Asia
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8% 2 |
Gizmodo
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8% 2 |
Android Authority
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8% 4 |
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27.11.2024 09:25
Last update: 09:21 EDT.
News rating updated: 16:20.
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