To understand speech visually, by reading lips, in addition to aurally, is an advantage for which AI has been waiting, according to researchers at Meta Platforms (formerly Facebook). The company says it has developed a framework that learns by watching — Audio-Visual Hidden Unit BERT (AV-HuBERT) — and that it is 75 percent more accurate than competing automated speech recognition systems on several metrics. Meta claims that AV-HuBERT outperforms the former best audiovisual speech recognition system with only one-tenth the inuput, which makes it potentially useful with languages with little or no audio data. Continue reading Companies Turn to AI for New Approaches to Audio Solutions

Alphabet’s Google is making its Fast Pair Service and Chromecast capabilities more interoperable as well as improving functionality with third-party devices that use Google’s own Android OS, Wear OS or Chrome OS and third-party platforms such as Microsoft Windows, Amazon’s Matter smart home standard, and others. In 2021, the average household had 25 connected devices, up from 11 in 2019, and Google wants to free users “to pick and choose the devices that work best for you regardless of brand,” says Google vice president of multi-device experiences Erik Kay. Continue reading CES: Google Pushes Cross-Platform Functionality for Android

TikTok made its shopping play this year, partnering with Shopify, then launching the TikTok World feature for creators and brands. The result has been items from clothes to cosmetics to tech accessories and household goods seeing sales boosts through exposure on the platform. The hashtag #TikTokMadeMeBuyIt is said to have been viewed more than 7.4 billion times, and Amazon in May launched the category “Internet Famous: The Latest to Go Viral,” generously populated by products that “blew up” on the video-sharing service. Now brands are scrambling to leverage the social shopping made successful by TikTok influencers. Continue reading Social Video App TikTok Makes Splash as E-Tailing Presence

Advances in language comprehension for artificial intelligence are issuing from San Francisco’s OpenAI and London-based DeepMind. OpenAI, which has been working on large language models, says it now lets customers fine-tune its GPT-3 models using their own custom data, while the Alphabet-owned DeepMind is talking-up Gopher, a 280-billion parameter deep-learning language model that has scored impressively on tests. Sophisticated language models have the ability to comprehend natural language, as well as predict and generate text, requirements for creating advanced AI systems that can dispense information and advice or that are required to follow instructions. Continue reading Advances by OpenAI and DeepMind Boost AI Language Skills

Even before Jack Dorsey tweeted his resignation as Twitter CEO — and announced that another company he co-founded and runs as CEO, Square, will on December 10 change its name to Block — there was speculation that Twitter will soon be purchased. The rumors have been fueled by a belief that Twitter has potential beyond its stagnant share price — $44.47 as of yesterday’s close, slightly less than $44.90 the day of its November 2013 IPO — evidenced in its strong branding and popularity with elites. Top tech exec Parag Agrawal’s ascent to CEO is the corporate equivalent of staging in real estate.  Continue reading Talk of Twitter Sale Brews with Square/Block Floated as Suitor

YouTube announced it plans to expand into e-tailing with the launch of Holiday Stream and Shop, a week-long live-streaming event in which hand-picked social media stars will use the video platform to offer their own merchandise as well as branded goods. YouTube, which is part of Alphabet’s Google, has for years teased the idea of introducing online shopping, but the concept gained momentum when the COVID-19 pandemic triggered explosive growth in e-commerce. Meanwhile, NBCUniversal also plans an interactive live-streamed shopping experience. Continue reading YouTube Tests Shoppable Video, Holiday Live-Stream Events

Digital-first company Moonbug Entertainment has been purchased by the newly formed and as yet unnamed venture of former TikTok CEO Kevin Mayer and fellow Disney alum Tom Staggs, with backing from private equity firm Blackstone. An aggregate of YouTube channels with a focus on children’s content — including CoComelon, Little Baby Bum and Blippi — Moonbug launched in 2018 and currently has a market value of about $3 billion. Other recent children’s IP transactions include Epic Games’ purchase of SuperAwesome in September 2020, and the $500 million July acquisition by Indian educational firm Byju of a learning platform also named Epic. Continue reading Popular Kids Content Creator Moonbug Acquired for $3 Billion

Google has purchased $1 billion of CME Group’s stock in a deal that will move the financial giant’s core trading systems to the Google Cloud. This 10-year partnership is all but guaranteed to boost Google Cloud’s bottom line, as well as improve its fourth-place market share. Google Finance calls Chicago-based CME “the world’s largest financial derivatives exchange,” trading in asset classes that span agricultural, currencies, energy, stock indexes, cryptocurrencies and more. However, the financial-services sector has lagged behind other industries when it comes to moving to the cloud, partly due to regulatory oversight and security concerns regarding client data. Continue reading Google Cloud Lands Exchange Giant CME in $1B Equity Deal

Google says that by the end of 2021 it will automatically enroll about 150 million Google users and 2 million YouTubers in the company’s two-step verification program. Users will be required to not only enter a log-in password, but also to enter a code sent via text or app or security key. Google declined to say how many of its users had voluntarily enabled the extra security step prior to Alphabet’s new mandate. The move comes as a result of what many describe as consumer apathy in the face of heightened digital dangers. Google, Twitter, Facebook and Instagram have all urged users to adopt two-step verification with lackluster results. Continue reading Google Looks to Improve Security with 2SV Auto-Enrollment

Alphabet’s third quarter earnings saw revenue hit $65.12 billion, a 41 percent increase characterized as the company’s largest quarterly gain in 14 years. Profit of $21.03 billion is a nearly 300 percent increase over profits reported prior to the COVID-19 pandemic. Highlights include 43 percent growth in Google’s advertising sales business — across Search, Maps and YouTube — for a total of $53.13 billion. YouTube “recently surpassed 50 million Music and Premium subscribers, including those in trial,” Google and Alphabet CEO Sundar Pichai said on the Q3 conference call. Continue reading Google Ad Growth Propels Alphabet to $65.12 Billion Quarter

Tesla valuation shot up to $1 trillion on news that Hertz ordered 100,000 vehicles for delivery by the end of 2022. The purchase is anticipated to favorably affect Tesla consumer sales as rental drivers are able to essentially test-drive Tesla electric cars. Over the past year Tesla stock has more than doubled, and the $1 trillion valuation puts it in an elite class of companies including Apple, Microsoft, Amazon and Alphabet whose market caps exceed $1 trillion. Facebook in June crossed the $1 billion valuation mark only to fall below during September and October selloffs. Continue reading Tesla Value Pushes Past $1 Trillion with News of Hertz Order

Snapchat is blaming Apple’s new digital advertising policy for what it predicts will be a slow Q4. Changes including an iOS rule letting users opt-out of ads make it difficult for advertisers to test campaigns and measure results, Snapchat claims. The prediction came as Snap Inc. released Q3 results, announcing $1.067 billion for quarterly revenue, just short of the $1.07 billion expected. Snap exceed its Q3 goal for daily active users, which hit 306 million, beating by 5 million its Q2 estimate. Despite a 57 percent revenue year-over-year increase, Snap stock value dropped significantly. Continue reading Mixed Snapchat Picture Results in Stock Dive on Q3 Results

Sundar Pichai, CEO of Google and its parent Alphabet, is urging the U.S. government to step up innovation and more actively police cyberthreats. In a year beset with security breaches attributed to Russian and Chinese hackers, Pichai says it’s time to draft a Geneva Convention for technology, outlining international legal standards, safeguards and behavioral norms for the connected age. Pichai also made an appeal for state-sponsored innovation in the face of competition from China, where the Communist Party under President Xi Jinping has outlined plans to advance artificial intelligence and develop a proprietary semiconductor sector. Continue reading Alphabet CEO Calls for Government Action in Tech Innovation

Introduced in select markets a little more than a year ago and rolled out globally in July, YouTube Shorts generated more than 15 billion daily views worldwide by late September (up from 6.5 billion daily views worldwide in March), according to YouTube parent Google. The format caps videos at 60-seconds and is designed to rival TikTok, which claims 1 billion active monthly users, putting it among the most rapid-growth platforms ever. Even with YouTube Shorts’ healthy growth, the company has just begun testing advertising and monetization approaches for the short-form video experience. Continue reading Google Imagines Future Business Model for YouTube Shorts

The growth of streaming TV means it’s getting harder for networks to get their top shows noticed on welcome screens that feature services aggregated by the makers of the television, set-top box or dongle, but UK broadcasters are fighting back. A consortium of interests including the BBC, ITV, Channel 4 and ViacomCBS’s Channel 5 are banding together to create a shared program service designed to better-position them against U.S. tech giants and new local TV laws currently in the works. The effort is being mounted through Digital UK, owned by the BBC, Channel 4 and ITV. Continue reading UK Broadcasters Unite in Offensive Against Streaming Giants