🤖 New OpenAI Launch

Today: OpenAI Launches GPT-4 Moderation | Streamflation Hits 25% Surge | AirTag 2 Update Incoming and more...

In Partnership with ⬆️

Hey everyone!

Can you believe it's already Wednesday, August 16? We're halfway through the week and there's so much happening in the world of tech. Let's dive into today's top headlines:

  • OpenAI Launches GPT-4 Moderation

  • Google's Ad Model Under Threat

  • Streamflation Hits 25% Surge

  • Foxconn Foresees iPhone Sales Dip

  • Messenger Drops SMS Support

  • AirTag 2 Update Incoming

  • and more...

READ TIME: 4.0 MINUTES

From our partner: VisualCV

Everyhting starts with a professional Resume. 20+ Free Resume Templates

Create a Job-Ready Resume in Minutes for FREE.

Tech Companies

The Delhi High Court determined that Google's Ads program is subject to India's Trademarks Act, ordering the removal of ads that breach trademarks. The judgment emerges from a complaint by logistics firm DRS, highlighting that Google Ads led users to competitor sites using DRS's trademark. This mandates platforms like Google to develop mechanisms addressing trademark issues, challenging the company's ad strategies in a crucial market.

The cost of major ad-free streaming services has risen nearly 25% in a year. This increase is part of a strategy by companies like Disney to offset losses and steer users to more lucrative ad-supported plans. Disney recently hiked prices for Disney+ and Hulu, marking a trend followed by Peacock, Max, Paramount+, and Apple TV+. With growing financial pressures, streaming giants are testing user loyalty, wondering if higher prices might cause more cancellations or "churn".

X has discontinued allowing advertisers to promote accounts in timelines for gaining new followers, a move impacting over $100 million in annual global revenue. These promoted accounts, one of X's earliest ad formats, were text-based ads in the timeline featuring a "Follow" button. The shift, part of optimizing X's user experience, prioritizes different content formats. Although these ads remain on X's business site, the company recommends clients explore other ad types.

Foxconn's parent, Hon Hai Precision Industry Co, anticipates a decline in 2023 smartphone sales, despite the upcoming iPhone 15 launch. The recent quarter reported a 30% drop in operating income at $968 million, albeit surpassing analyst expectations. Hon Hai's strategy includes expanding its investments in India, with plans for two new plants in Karnataka.

Quick

Setapp plans an EU-only App Store in 2024, leveraging the EU's Digital Markets Act. This curated store will feature vendors like Ulysses and Taskheat.

Elon Musk slows link speeds from X to sites he dislikes, impacting The New York Times, Reuters, Facebook, and more. Slower loading affects these sites' Google rankings and overall traffic.

X transitions TweetDeck to XPro, making it a subscriber-exclusive tool.

AI Corner

OpenAI unveils a feature leveraging GPT-4 for content moderation. This AI-driven approach understands and crafts natural language, optimizing moderation based on policy guidelines. Dramatically reducing policy creation time from months to hours, OpenAI's new system employs iterative refinements, ensuring wide-scale and efficient content oversight.

Microsoft introduces Azure ChatGPT, enabling enterprises to incorporate ChatGPT seamlessly within their networks. With features like code correction, this tool enhances the workplace experience. Being open-source on GitHub with private Azure hosting, integration with existing Azure platforms is streamlined. Azure ChatGPT ensures data privacy, offers comprehensive network traffic control, and facilitates easy internal service integration, like ServiceNow.

Quick

Google's Search Generative Experience (SGE) now summarizes articles within the Chrome browser and mobile apps. Initially available for free content, it avoids paywalled sites.

WhatsApp tests AI-generated stickers using Meta's technology.

Apps & Gadgets

Starting September 28, 2023, Meta's Facebook Messenger will discontinue its SMS functionality. Introduced in 2016, SMS in Messenger allowed Android users to mix web chats with traditional SMS. With the rise of IM clients and Google's push for RCS, third-party SMS apps have seen declining use. Despite this, Messenger is enhancing its end-to-end encrypted chats, aiming for standardization by year's end.

YouTube Music unveils a "Samples" tab for personalized video content discovery, resembling Instagram Reels and TikTok. These 30-second clips are vertically cropped music videos, not YouTube Shorts, emphasizing music discovery. The feature will leverage the platform's vast library and the short-form video trend.

Apple's AirTag 2 is rumored for a 2024-2025 release, maintaining its design but integrating with the Vision Pro headset. Upgraded Ultra Wideband chip likely, ensuring enhanced accuracy and power efficiency.

Remove ads.

Want to read Business Edge without ads?

Then you can get our Premium subscription for only $4.99/month or a discounted annual price.

Reply

or to participate.