By
Paula ParisiOctober 3, 2024
Reuters and CNN are among the global news services that will be charging those who want access to their digital content beyond a free quota. Reuters plans to add $1 per week pricing in the U.S., Canada and parts of Europe in the weeks ahead, while CNN is beginning to ask visitors for $4 a month or $30 per year. Vox Media’s popular tech publication The Verge is also said to be considering subscription fees. The outlets are pursuing digital monetization strategies as ad-supported models are increasingly challenging for those who aren’t Google, Meta or Amazon. Read more
By
Paula ParisiOctober 2, 2024
AI startup Liquid, founded by alums of MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), has released its first models. Called Liquid Foundation Models, or LFMs, the multimodal family approaches “intelligence” differently than the pre-trained transformer models that dominate the field. Instead, the LFMs take a path of “first principles,” which MIT describes as “the same way engineers build engines, cars, and airplanes,” explaining that the models are large neural networks with computational units “steeped in theories of dynamic systems, signal processing and numeric linear algebra.” Read more
By
Paula ParisiOctober 2, 2024
Snap Inc. is leveraging its relationship with Google Cloud to use Gemini for powering generative AI experiences within Snapchat’s My AI chatbot. The multimodal capabilities of Gemini on Vertex AI will greatly increase the My AI chatbot’s ability to understand and operate across different types of information such as text, audio, image, video and code. Snapchatters can use My AI to take advantage of Google Lens-like features, including asking the chatbot “to translate a photo of a street sign while traveling abroad, or take a video of different snack offerings to ask which one is the healthiest option.” Read more
By
Paula ParisiOctober 2, 2024
TikTok is updating its Live subscription offering, renaming the monetization offering simply “Subscription,” opening it up to eligible non-Live creators in regions including the U.S., Japan, Brazil, France, the UK and Germany. Like the third-party subscription platform Patreon, TikTok’s Subscription allows fans to pay creators for exclusive content and other perks. In participating regions, creators can offer fans monthly subscriptions at three price tiers, each with its own parameters and perks. TikTok launched Live subscriptions in 2022 and announced in March that it would be revamping the feature to allow more users to monetize. Read more
By
Paula ParisiOctober 1, 2024
DirecTV has entered into a definitive agreement to acquire the Dish Network from EchoStar, realizing a long-time goal. The deal sees DirecTV paying Dish Network $1 for video distribution assets including Dish and Sling TV, and taking on $9.75 billion of Dish’s $20 billion in debt. The agreement does not include EchoStar’s wireless spectrum investments. Concurrently, AT&T has agreed to sell its 70 percent DirecTV stake to private equity firm TPG, which holds the other 30 percent. That deal is valued at $7.6 billion and is not contingent on the Dish acquisition, which is expected to close in Q4 2025. Combined, DirecTV and Dish will serve more than 18 million customers. Read more