Apple has debuted a new smartphone for budget-conscious shoppers. The iPhone 16e has been dubbed “the SE killer” since it succeeds the previous bottom-line entry, which came out in 2022. Pricing begins at $599, with preorders starting Friday followed by general availability on February 28. The iPhone 16e features Apple’s speedy A18 chip, with 6-core CPU and 4-core GPU. It also includes Apple Intelligence and a 48MP 2-in-1 camera system. With increasing global competition in the low-priced phone space, this latest entry intends to get the upscale Apple brand back into the game. Read more

Facebook is downsizing data storage expenditures by deleting old live video feeds. Meta Platforms announced that beginning this week “new live broadcasts can be replayed, downloaded or shared from Facebook Pages or profiles for 30 days, after which they will be automatically removed from Facebook.” Prior to removing the content, users will be notified they have 90 days to download or transfer the material to other storage or convert it to a new reel. Previously, such content was stored indefinitely. Facebook stores more than 100 petabytes of material with an estimated 500 terabytes added each day. Read more

Amazon has pulled the plug on Inspire, its TikTok-type, short-form video and photo mobile feed designed to help customers explore and discover new products by browsing various categories. Like TikTok, Inspire used a vertical feed and opportunities to purchase products used by influencers and other customers. The shopping giant is instead referring customers to its shopping chatbot Rufus. Amazon has since November 2023 partnered with Instagram to promote shopping within the app, and also has a deal with Snap, so it still has ties to social shopping. Inspire was launched in December 2022 and expanded to national availability in May of 2023. Read more

YouTube Shorts has upgraded its Dream Screen AI background generator to incorporate Google DeepMind’s latest video model, Veo 2, which will also generate standalone video clips that users can post to Shorts. “Need a specific scene but don’t have the right footage? Want to turn your imagination into reality and tell a unique story? Simply use a text prompt to generate a video clip that fits perfectly into your narrative, or create a whole new world,” coaxes YouTube, which seems to be trying out “Dream Screen” branding as an umbrella for its genAI efforts. Read more

“Deep research” is emerging as a model trend, with Perplexity’s Deep Research launching less than three weeks after OpenAI unveiled its own ChatGPT deep research agent, which followed Google’s similar Gemini feature. As its name implies, deep research is a productivity tool, designed to save time by having an AI agent scour materials, compiling data and analysis. Perplexity’s Deep Research “performs dozens of searches, reads hundreds of sources, and reasons through the material to autonomously deliver a comprehensive report,” across topics ranging “from finance and marketing to product research,” the company says. Read more