Profile: 5bc1c11a...
DeepMind is developing AI tech to take raw pixels of videos and generate synced soundtracks; it's not too convincing, and there are no plans to release publicly (Kyle Wiggers/TechCrunch)
https://techcrunch.com/2024/06/17/deepminds-new-ai-generates-soundtracks-and-dialog-for-videos/
Apple says it is no longer offering Apple Pay Later, the "buy now, pay later" service that launched in the United States last year (Chance Miller/9to5Mac)
https://9to5mac.com/2024/06/17/apple-pay-later-united-states-ending/
Finaloop, which offers accounting tools to e-commerce businesses, raised a $35M Series A led by Lightspeed and says its customer base grew 400% in the last year (Ingrid Lunden/TechCrunch)
Uber says "tens of thousands of riders" in Phoenix have matched with a "Waymo (AI) driver" and have given "a nearly 4.9 average star rating" (Alan Ohnsman/Forbes)
The US DOJ sues Adobe for allegedly harming "consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing" plan terms (Emma Roth/The Verge)
https://www.theverge.com/2024/6/17/24180196/adobe-us-ftc-doj-sues-subscriptions-cancel
Around two dozen sources detail Google's decision to form the Google DeepMind "super-unit" in April 2023, shifting the AI lab from research to products (Bloomberg)
Naver-owned online comics platform Webtoon aims to raise up to $315M in a US IPO, offering shares for $18 to $21 each and targeting an up to $2.67B valuation (Arasu Kannagi Basil/Reuters)
Runway unveils Gen-3 Alpha, a model to generate high-quality, detailed, highly realistic video clips of 10 seconds in length, after releasing Gen-2 in June 2023 (Carl Franzen/VentureBeat)
TikTok expands its Symphony ad suite, adding AI dubbing and custom or stock Digital Avatars based on paid actors or created to resemble specific creators (Jess Weatherbed/The Verge)
YouTube is testing Notes, an experimental crowdsourced tool to let users add context to videos, similar to X's Community Notes, on mobile in the US in English (Aisha Malik/TechCrunch)
Vietnam's state media says three of its five active international undersea internet cables are down, impacting connections with the US, Europe, and Asia (Khanh Vu/Reuters)
Swiss privacy-focused app developer Proton establishes the Proton Foundation to transition to a nonprofit foundation model, similar to Signal and Mozilla (Paul Sawers/TechCrunch)
The US Surgeon General says platforms should add a "warning label" saying that "social media is associated with significant mental health harms for adolescents" (Vivek H. Murthy/New York Times)
https://www.nytimes.com/2024/06/17/opinion/social-media-health-warning.html
Hacking group ShinyHunters claims to have breached contractor EPAM Systems to steal data from Ticketmaster and ~165 other Snowflake users; EPAM denies the claim (Kim Zetter/Wired)
https://www.wired.com/story/epam-snowflake-ticketmaster-breach-shinyhunters/
How Terray Therapeutics uses AI to discover and develop drugs, generating 50TB of raw data daily, part of a wave of startups looking to harness AI in medicine (Steve Lohr/New York Times)
https://www.nytimes.com/2024/06/17/business/ai-drugs-development-terray.html
Kuo: the Apple Watch Series 10 will be thinner and its screen will grow from 41mm to 45mm and 45mm to 49mm; Apple will use 3D printing to make some components (Tim Hardwick/MacRumors)
https://www.macrumors.com/2024/06/17/kuo-apple-watch-series-10-larger-screen-thinner/
Logitech unveils the MX Ink, a stylus for Meta Quest 2 and Quest 3, plus "future headsets", the Quest's first third-party input device, shipping in September (Scott Hayden/Road to VR)
https://www.roadtovr.com/quest-first-third-party-input-logitech-stylus/
Google begins rolling out a "Listen to this page" feature on Chrome for Android, letting the browser read text-heavy web pages (Abner Li/9to5Google)
https://9to5google.com/2024/06/16/chrome-listen-tts-android/
McDonald's ends its two-year IBM partnership to test automated Drive Thru order taking and plans to remove the tech from 100+ restaurants by July 26 (Jonathan Maze/Restaurant Business)
https://www.restaurantbusinessonline.com/technology/mcdonalds-ending-its-drive-thru-ai-test
Experts say generative AI is set to make certain skills in finance and accounting redundant and free up time for workers to focus more on value-added tasks (Seb Murray/Financial Times)