AvatartanseawayAvatarAvatarAfter raising $1.3B, Inflection is eaten alive by its biggest investor, Microsoftverified_publisherTechCrunch - Devin ColdeweyIn June 2023, Inflection announced it had raised $1.3 billion to build what it called “more personal AI.” The lead investor was Microsoft. Today, less than a year later, Microsoft announced that it was essentially eating Inflection alive (though I think they phrased it differently). Co-founders …
AvatartanseawayAvatarAvatarMost subscription mobile apps don’t make money, new report showsverified_publisherTechCrunch - Sarah PerezInvestors know that most startups fail, but something that may be less understood is how few mobile apps actually make money. According to a new analysis of the subscription app economy from mobile subscription toolkit provider RevenueCat, the top 5% of apps generate 200 times the revenue of the …
AvatartanseawayAvatarAvatarEU regulators pass the planet's first sweeping AI regulationsverified_publisherEngadget - Kris HoltThe AI Act is likely to enter into force in the next few months. The European Parliament has approved sweeping legislation to regulate artificial intelligence, nearly three years after the draft rules were first proposed. Officials reached an agreement on AI development in December. On Wednesday, …
AvatartanseawayAvatarAvatarHouse passes bill that could ban TikTokverified_publisherThe Verge - Lauren FeinerThe company would avoid the ban if it splits from its Chinese parent ByteDance. Banning TikTok in the US is back on the table after the House voted Wednesday to pass a measure that would do just that unless the app separates from Chinese parent company ByteDance. The bill passed with 352 votes, …
AvatartanseawayAvatarAvatarEU approves landmark AI law, leapfrogging US to regulate critical but worrying new technologyCNNCNN — European Union lawmakers gave final approval Wednesday to a landmark law governing artificial intelligence, leapfrogging the United States once again on the regulation of a critical and disruptive technology. The first-of-its-kind law is poised to reshape how businesses and organizations in …
AvatartanseawayAvatarAvatarInstagram is copying TikTok, and the strategy is workingMashable Southeast Asia - Christianna SilvaBetween a behemoth copycat and a looming ban, TikTok is being attacked on all fronts. When Instagram releases a new feature that is a direct copy of another app, its users fear the worst. In a 2022 essay for Digital Trends, writer Cristina Alexander lamented the "TikTok-ification of Instagram" …
AvatartanseawayAvatarAvatarMeet ChatGPT's sister, Sora: A text-to-video AI that turns you into Spielberg with a sentenceLaptop Magazine - By Rael HornbyWhile companies like Microsoft, Apple, and Google strive to turn today's AI into the the digital assistants of tomorrow, other companies have …
AvatartanseawayAvatarAvatarSpotify wins as EU orders Apple to pay $2B and change App Store rulesverified_publisherArs Technica - Ashley BelangerApple plans to appeal, insisting there's no evidence of consumer harms. The European Commission (EC) has sided with Spotify, fining Apple nearly $2 …
AvatartanseawayFlipboardIcon version of the Flipboard logoPulling gold out of e-waste suddenly becomes super-profitableverified_publishernewatlas.com - By Paul McClureA new method for recovering high-purity gold from discarded electronics is paying back US$50 for every dollar spent, according to researchers – who …
AvatartanseawayFlipboardIcon version of the Flipboard logoIn a First, Apple Captures Top 7 Spots in Global List of Top 10 Best-selling Smartphones - Counterpointcounterpointresearch.comIn a First, Apple Captures Top 7 Spots in Global List of Top 10 Best-selling Smartphones - Counterpoint Apple, for the first time, captured the top …
AvatartanseawayAvatarAvatarWhy the floppy disk just won’t dieverified_publisherArs Technica - Jacopo Prisco, wired.comA surprising number of industries, from embroidery to aviation, still use floppies. When Mark Necaise got down to his last four floppy disks at a …
AvatartanseawayAvatarAvatarFace it, there is nothing that can replace COBOLTechSpot - Erika MorphyThe big picture: COBOL is decades old yet it still dominates our IT ecosystem and even the economy. But a replacement must be found, if only because …