IKEA has released an app that lets you place 3D furniture in your home using your phone's camera view. The app, called IKEa Kreativ, uses machine learning and artificial intelligence (ML) technology. It can scan a room and remove existing furniture items or clutter by replacing them with IkeA products. The feature is reminiscent of Google's Magic Eraser and iOS 16's upcoming "lift subject from background" features for photos.
Netflix is laying off around 300 employees across the company, CNBC confirmed Thursday. The cuts come about a month after the streaming company eliminated about 150 positions in the wake of its first subscriber loss in a decade. Netflix had warned investors in April that it would be pulling back on some of its spending growth over the next two years.
Netflix Co-Chief Executive Ted Sarandos confirmed that the streaming company is speaking to multiple potential partners to help it enter the advertising business, telling an industry conference that it may build its own ad business in the future. Netflix said in April that it is exploring an ad-supported version of its platform and in recent weeks has explored a range of partnerships that could help it bring those plans to fruition. Comcast NBCUniversal and Alphabet Google have emerged as top contenders to work with Netflix, The Wall Street Journal reported Wednesday.
The NFT NYC conference has brought hordes of web3 enthusiasts to Times Square. There have been yacht parties, celebrity cameos and even a Snoop Dogg impersonator running around the event. On our show this week, we talked about the NFT market and why it might seem to offer a slight respite from the total doom-and-gloom narrative going on in tech.
Samsung has unveiled the ISOCELL HP3, its latest 200-megapixel camera sensor. The sensor has the industry's smallest pixels at 0.56 microns, 20 percent smaller than the previous biggest. It has autofocus capability in every pixel, binning for better low light capability, and multi-gain ISO. Mass production is set to begin this year, and you'll probably see 200- megapixel phones using the sensor in 2023.
Nothing Phone 1 was officially announced earlier this year during a livestream in which the company’s CEO, Carl Pei, revealed his ambitions for the smartphone. However, there have been a handful of credible leaks that suggest the device will be on par with other leading flagships, taking a lot of inspiration from Apple's handset.
Facebook Pay is being rebranded as Meta Pay. Mark Zuckerberg says the move is a first step toward a universal wallet. He says it would be used for all digital items you buy or create in the metaverse. The company recently confirmed it’s taking a nearly 48 percent cut from digital asset sales.
Leaker claims iPhone 14 will have a 3,279mAh battery, which is a smidge bigger than iPhone 13 Pro's 3,240mAh. The 6.1-inch iPhone 14 Pro is expected to have a 3,200mAh cell, which would be a better-than-nothing upgrade over the 13 Pro. The highest-end model, the iPhone14 Pro Max, is rumored to come with a 4,323mAh cell.
General Motors is bringing artificial intelligence into the vehicle inspection process. The automaker is making an undisclosed “strategic investment” in Israeli startup UVeye, which makes vehicle diagnostic systems that use sensors and AI to quickly identify damaged parts or maintenance issues. The investment in UVeye was made by GM Ventures, the automaker’s venture fund, which also has investments in a variety of other AI-themed startups.
Elon Musk’s Boring Company has applied to dig a tunnel under Tesla Gigafactory Texas in Austin, but it’s unclear what they plan to do with it. The Boring Company has been in discussions with the state and municipal governments for several projects since moving to Texas, but as far as we know, they haven’t moved forward with any of them until now. Now the company has applied with the city of Austin to build a tunnel on the Tesla Gigafactory Texas property.
Apple CEO Tim Cook recently gave the closest thing to a confirmation that Apple’s building a headset. “I couldn’t be more excited about the opportunities we’ve seen in this space. And sort of stay tuned and you’ll see what we have to offer,” he said.
Tether is set to launch a new stablecoin pegged to the British pound early next month. "We believe that the United Kingdom is the next frontier for blockchain innovation and the wider implementation of cryptocurrency for financial markets," Tether CTO Paolo Ardoino said in the statement. While Tether has several fiat-pegged stablecoins, its USD-pegged stablecoin USDT remains the most popular, although it has recently seen significant redemptions amid panic over the collapse of algorithmic stablecoin terraUSD (UST) and general market downturn.