Today, Meta launched Instagram Channels for global messaging. It was previously available to select creators and users. On his channel, Mark Zuckerberg recommended the International Cricket Council (ICC), director Karen X. Cheng, influencer Michael Le, and artist Daniel Arsham. In February, Instagram launched Channels to let creators send one-to-many messages …
Read More »Unpaid rent is evicting Twitter from its Boulder office
According to court documents, Twitter owes three months of rent to its Boulder landlord and has been evicted. Twitter has been plagued by unpaid bills since Elon Musk took over. Twitter stopped paying rent for months, which suggests its operations may be worse than expected. Lot 2 SBO LLC, the …
Read More »Wargraphs, a one-person gaming startup with no funding, sells for $54M
While the U.K. and U.S. try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution, modding and analytics appear to be thriving. Wargraphs, a one-man startup that makes Porofessor, a League of Legends companion app that helps players track and improve their stats, is …
Read More »Flipboard creates a Bluesky feed
Bluesky has a Flipboard feed. Flipboard said its recommendation algorithm curates the “Tech by Flipboard” feed. Bluesky introduced custom algorithm-based feeds last month. Users can browse social media content and accounts by adding these feeds. Bluesky should not have a single feed with a core recommendation algorithm like other social …
Read More »Mistral AI, from France, raises $113M at $260M to challenge OpenAI
A four-week-old startup has raised $113 million to compete with OpenAI in building, training, and applying large language models and generative AI. Paris-based Mistral AI, co-founded by Google DeepMind and Meta alumni, will focus on open source solutions and enterprises to solve what CEO Arthur Mensch calls the biggest challenge …
Read More »Nobody likes NYC’s $18 delivery worker minimum wage
New York City has set a minimum wage for food delivery workers like Uber Eats, DoorDash, Grubhub, and Relay. It should be a historic win for gig workers, but delivery workers and companies are unhappy. Many workers, labor rights activists, and even the city comptroller say the minimum wage, just …
Read More »YouTube is lowering its monetization eligibility requirements
YouTube is lowering YPP requirements for creators to access monetization tools. The company is opening its shopping affiliate program to U.S. YPP creators with over 20,000 subscribers. The Google-owned company announced new partner program requirements: 500 subs; 3 public uploads in 90 days; 3,000 watch hours in the past …
Read More »Meta releases AI-powered music generator
Meta released an open-source AI-powered music generator to compete with Google. Meta’s MusicGen tool, a demo of which can be found here, can convert a text description (e.g., “An ’80s driving pop song with heavy drums and synth pads in the background”) into about 12 seconds of audio. MusicGen can …
Read More »Reddit CEO escalates Apollo developer attack in drama-filled AMA
Reddit’s controversial API pricing change that’s driving third-party apps out of business has taken a strange turn. In an AMA today, Reddit co-founder and CEO Steve Huffman, aka u/spez, doubled down on accusations against the developer of the popular third-party app Apollo, which the company had previously accused of operating …
Read More »Tiki, India’s popular short-video app, to close
Tiki, a short-form video app, will shut down in India on June 27. “Tiki is closing. “Tiki functions and services will cease at 11.59 PM India time, June 27, 2023,” Tiki wrote. Tiki, which featured original and local videos, had 35 million monthly active users in India, its only market, …
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