Businesses are looking to capture the next generation of customers through virtual reality headsets, taking off in industries spanning food and beverage, retail, and music. Zepeto has seen increased demand from corporate partners this year, with around 100 companies currently using the platform to promote their brands to its 200 million-strong user base.
‘Deepfake’ that supposedly fooled European politicians was just a look-alike, say pranksters
A string of European politicians have been tricked by a sophisticated Russian plot, with Parliamentarians from the UK, Latvia, Lithuania, and Estonia having all arranged video calls with a hoaxer claiming to be Leonid Volkov, chief of staff to imprisoned Russian anti-Putin politician Alexei Navalny.
Apple’s App Store Had 78% Margin in 2019, Epic Expert Says
Apple Inc.’s App Store had operating margins of almost 78% in fiscal year 2019, according to testimony from an Epic Games Inc. expert witness based on documents obtained from the iPhone maker. The figure comes from Ned Barnes, a financial and economics researcher, who said he obtained documents “prepared by Apple’” and produced from the files of Apple CEO Tim Cook.
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Samsung's Galaxy Book Odyssey is the first laptop with NVIDIA's GeForce RTX 3050 Ti
Samsung's new Galaxy Book Pro laptops will be available in select markets in August. The Galaxy Book Odyssey has a 15.6-inch Full HD screen and weighs just over four pounds (1.85 kg) and comes with an NVIDIA GeForce RTX 3050 Max-Q or 3050 Ti Max- Q.
Apple AirTags: Why they’re an easy sell for iPhone users who lose their keys
Apple's AirTags will be available to buy starting May 30. They are available to purchase for $29 for a single AirTag, and $99 for a four pack. They offer a unique set of benefits like the Find My network to help you locate your lost items.
Spotify CEO says live audio content is the next ‘Stories’
Spotify CEO Daniel Ek said that live audio experiences will be adopted by every major platform just like Stories, which is expected to be used to power a range of new live audio conversations centered around sports, culture and music. The interest in live audio emerged in the middle of a pandemic that trapped people at home and shut down traditional networking and large events, but that doesn't mean there's no future for the format.
A fired Amazon worker is trying to unionize four NYC-area facilities
Amazon workers at four different facilities near Staten Island have begun the process of unionizing with the Amazon Labor Union, led by Christian Smalls, a former warehouse worker who was fired in March after organizing a walkout to protest unsafe working conditions during the pandemic. The company has responded by posting anti-union messages on TV screens at JFK8, the fulfillment center where Smalls used to work.
Microsoft’s Brad Smith Renews Attack on Google Over Web Content
Microsoft Corp. President Brad Smith said Google has hurt the concept of the open web and impaired content creators’ ability to make money, continuing an attack the software maker began earlier this year over whether internet companies need to pay news organizations for content they re-share. The debate began over Microsoft’s backing of a law in Australia to force Alphabet Inc. to pay publishers for the value their stories generate on digital platforms.
Facebook’s Sales, Users Jump as Pandemic Habits Persist
Facebook reported 2.85 billion monthly active users, a rise of 10 percent, and shares jumped more than 6 percent in late trading. The company has seen a surge in use of its platforms for at-home entertainment and keeping up with loved ones while people have been stuck in lockdown.
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Google sales top estimates on ad surge; Alphabet plans $50 billion buyback
Google parent Alphabet Inc beat quarterly revenue estimates and announced a $50 billion share buyback as the recovering economy and surging use of online services combined to accelerate its advertising and cloud businesses. The results are the first sign that Google services may hold on to gains in usage brought on by lockdowns and other pandemic restrictions.
Tesla wants to make every home a distributed power plant
Tesla CEO Elon Musk wants to turn every home into a distributed power plant that would generate, store and even deliver energy back into the electricity grid all using the company’s products, a new company policy to only sell solar coupled with the energy storage products, and a strategy that aims to scale these businesses by appealing to utilities.
Instagram is working on creator shops and a 'branded content marketplace' for influencers
Instagram is going all-in on creators, working on a suite of new tools to help influencers make money off its platform, including creator shops, affiliate commerce and a “branded content marketplace” Mark Zuckerberg announced the upcoming features during a live stream with Instagram chief Adam Mosseri.
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Twitter is adding a COVID-19 vaccine fact box box to users’ timelines
Twitter is adding a new prompt to users' timelines to help promote the COVID-19 vaccination effort, providing users around the world with the “latest vaccine info” in their particular country, prompting users to “make sure you have the most up-to-date information on the coronavirus vaccinations”
How to change Siri’s voice in iOS 14.5
Apple's new iOS 14.5 will allow users to choose a new voice for Siri. The new voice options include a soft-spoken male-sounding voice and an energetic, confident female-sounding female- sounding voice. The US version of Siri has four voice choices, while Australian, British, Indian, Irish and South African versions only have two.
Alibaba-Backed Trendyol Seeks Over $1 Billion to Fund Growth
Trendyol is seeking to raise more than $1 billion in a private placement, aimed at investors in the U.K. and the US as the company looks to expand its international footprint. The proceeds will be used to fund growth and diversify the firm’s shareholder base ahead of an initial public offering.
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For coronavirus long-haulers, loss of taste and smell is one of the persisting symptoms. The book, "Taste & Flavour," features 18 recipes with stunning food photography and is being offered for free as a digital download. The recipes are designed specifically for people experiencing an altered sense of Taste and smell due to COVID-19.
Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans
Bitcoin and other cryptocurrencies posted sharp losses on Friday, onconcern that U.S. President Joe Biden’s plan to raise capital gains taxes will curb investments in digital assets, including a plan to nearly double taxes on capital gains to 39.6% for people earning more than $1 million.
Clubhouse is partnering with the NFL for draft week programming
Clubhouse is partnering with the National Football League for exclusive programming during the NFL draft. The NFL will host a series of draft-themed rooms on Clubhouse beginning Monday and throughout the week, including player assessments, a mock draft for fans, and a conversation with alumni from the University of Alabama.
Snapchat now has more Android users than iOS
Snapchat continues to grow, thanks to an improved Android app and interest in its Spotlight feature, adding 15 million new users during the first quarter of 2021, bringing the app’s average daily users to 280 million. This quarter marks the first time Snapchat has had more users on Android than on iOS.
Tesla’s Autopilot is ‘easily’ tricked into working without anyone in the driver’s seat
Consumer Reports said it was able to trick Tesla's Autopilot system to operate without anyone in the driver's seat. The test came amid questions about the safety of the company’s advanced driver assist system in the aftermath of a fatal crash in Texas in which authorities said there was no one behind the steering wheel.
Can Apple get you to pay for podcasts?
Apple has the chance to popularize paid subscriptions by making it easy to listen and subscribe in one place, and it could influence the industry to shift away from its dependence on advertising at the same time. The company now has over 4,000 monthly subscribers who pay anywhere from $5 to $100 per month, employing a full-time listener-turned-employee, and fully focus their time on the show.
Intel Data Center Sales Slump Stokes Concern About Market Share
Intel Corp. reported a drop in data center revenue and a steep decline in gross profit margin, a sign it’s losing market share to rivals and customers who are designing their own components, performing better on continued demand for laptops that run Intel processors, generating first-quarter sales that fell 20% from a year earlier and missed Wall Street estimates.
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Google Meet gets a refreshed UI, multipinning, autozoom and more
Google announced a major update to Meet, its video-meeting service, which brings several user interface tweaks for desktop users, including multipinning so that you can highlight multiple feeds instead of just one, as well as new AI-driven video capabilities for light adjustments, autozoom and a new Data Saver feature that limits data usage on slower mobile networks.
NASA's Perseverance rover turns a tiny bit of Mars air into breathable oxygen
Perseverance successfully pulled carbon dioxide from the planet's atmosphere and converted it into oxygen, while the ultimate goal is to look for signs of ancient life on Mars, that hasn't stopped the rover from doing other scientific work. The experiment's success paves the way for future missions, particularly those involving human astronauts as both people and the rockets that will carry them to and from the Red Planet need oxygen to operate.
Disney to Get Online, TV Access to Sony Films After Netflix
Walt Disney Co. reached an agreement to broadcast and stream films from rival studio Sony Pictures after they run on Netflix, gaining access to future installments of franchises like “Spider-Man” Sony Corp. movies, including those featuring Marvel characters, will be available on Disney outlets, as well as Disney TV networks.
Apple’s iPad Pro is making its own laptops obsolete
Apple has positioned the iPad Pro as a computer replacement since its 2015 launch when CEO Tim Cook said the iPads would make notebooks or desktops unnecessary for “many, many people” but the problem for Apple is they’re replacing its own MacBook Air. The new iPads are packed with M1 chips, a replacement for the Intel and AMD processors it has used in Mac products for years.
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Fitbit’s latest is a $149 ‘luxury’ fitness tracker
The Luxe is a new fitness tracking device that was launched by Fitbit, which was a bit late to the smartwatch trend, but was still able to ride that wave to a rebound as watches have received most of the press the company has garnered in recent years.
Union says Amazon threatened layoffs in formal objection to election results
The Retail, Wholesale, and Department Store Union has filed a formal objection to the results of a union election at an Amazon warehouse in Bessemer, Alabama, alleging the e-commerce company threatened to lay off workers. The employees voted against unionizing in an April 9th vote, arguing that the results should be set aside because Amazon “created an atmosphere of confusion, coercion and/or fear of reprisals”
Uber, Bolt Drivers in Africa Protests Higher Costs of Operations
Uber Technologies Inc. drivers in some African countries including Nigeria and Kenya have gone on strike to demand a higher share of commissions due to increases in fuel prices and inflationary pressures amid the Covid-19 pandemic. The U.S. ride-hailing service in Nigeria already has limited trips available on the app, leading to a sharp rise in fares in Lagos.
Amazon's first Project Kuiper internet satellites will launch aboard Atlas V rockets
Amazon's plan to blanket most of the planet with internet access is one step closer to reality, securing nine Atlas V rockets from United Launch Alliance to start putting more than 3,200 satellites in low Earth orbit. The company agreed to put half the satellites in orbit by 2026 and the entire constellation by 2029.
AI-driven audio cloning startup gives voice to Einstein chatbot
A digital version of Albert Einstein has been created using AI voice cloning technology to create a digital version with a synthesized voice. The startup behind the "uncanny valley" audio deepfake of Einstein is Alforithmic, which is the work of another synthesized media company, UneeQ, who is hosting the interactive chatbot version on its website.
Roblox Struggles With Sexual Content. It Hopes a Ratings System Will Address the Problem.
Roblox's growth has drawn attention to what's happening at the fringes and what responsibility the company has to protect its young audience, but this platform of 32.6 million daily users has some dark corners, such as players’ blocky avatars simulate sex, engage in raunchy talk and “date” other avatars.
Facebook to Soon Announce Social Audio Products, Recode Says
Facebook Inc. will announce on Monday a suite of new audio products, including its own take on Clubhouse, as well as a push into podcasts aided by Spotify Technology S.A. The plan includes an audio-only version of Messenger Rooms, the video chat feature Facebook introduced last year to compete with Zoom Video Communications Inc.
Federal investigators looking into breach at software code testing company Codecov
Federal officials are investigating a security breach at software auditing company Codecov, which apparently went undetected for months. The company's platform is used to test software code for vulnerabilities, and its 29,000 clients include Atlassian, Proctor & Gamble, GoDaddy, and the Washington Post.
Watch NASA’s mission control track the first flight on Mars
NASA's Ingenuity helicopter will attempt the first-ever powered flight on another world at 3:30am ET on Monday. The twin-blade rotorcraft will try to ascend 10 feet above ground and hover in place for 30 seconds while cameras on NASA’s Perseverance rover record the historic attempt from a distance.
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Consumer groups and child development experts petition Facebook to drop ‘Instagram for kids’ plan
A coalition of 35 consumer advocacy groups along with 64 experts in child development have co-signed a letter to Facebook asking the company to reconsider its plans to launch a version of Instagram for children under the age of 13, arguing that social media is linked with several risk factors for younger children and adolescents, related to both their physical health and overall well-being.
TikTok has become a powerhouse driving cultural trends and viral phenomenons among US teens, influencing teens' preferences when it comes to buying products, particularly in beauty and skincare. The brand is currently ranked as teens' No. 1 favorite skincore brand, CeraVe skyrocketed to the top in 2020 after being ranked at just No. 10 in 2019.
With flagship electric car, Mercedes takes fight to Tesla
Daimler AG unveiled the electric “sibling” of its flagship Mercedes-Benz S-Class luxury sedan, taking the fight to market-leader Tesla Inc. in the battle for market share as electric car sales take off. The EQS is the first in a family of Mercedes- Benz cars built on a dedicated electric vehicle platform built from the ground up.
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Amazon announces new Echo Buds with more powerful ANC and better comfort
Amazon is introducing its second-generation pair of Echo Buds with a more comfortable design, enhanced active noise cancellation, and priced at $119.99 for the earbuds and a USB-C charging case. The company claims that the second-gen earbuds “cancel twice as much noise” as before.
Ford takes aim at Tesla, GM with its new hands-free driving system
Ford will debut its new hands-free driving feature on the 2021 F-150 pickup truck and certain 2021 Mustang Mach-E models through a software update later this year, using cameras, radar sensors and software to provide a combination of adaptive cruise control, lane centering and speed-sign recognition.
Coinbase’s IPO Lived Up to the Hype. Here’s How It Did.
Shares of the cryptocurrency exchange rose nearly 32% on Wednesday, valuing Coinbase at nearly $86 billion, with both companies trading on the Nasdaq. The company's stock opened at $381, peaked at $429.54, and closed at $328.28, up 78.28.
