Shares Rise as Twitter’s Revenue Passes $1B for First Time

Twitter revealed that, in Q4, revenue rose 11 percent to $1.01 billion, the first time that quarterly revenue topped the billion-dollar mark, and surpassing the $992 million projected by Wall Street analysts. The company stated that income was $118.8 million, with costs rising 22 percent from a year earlier. Its operating income, a closely watched number, was $153 million, down from $207 million the previous year and lower than the $161 million predicted by analysts surveyed by FactSet. Shares rose about 15 percent. Continue reading Shares Rise as Twitter’s Revenue Passes $1B for First Time

New Twitter Policy Aims to Combat Fake Photos and Video

Twitter announced yesterday that it would be more assertive in identifying fake and manipulated content on its platform. Beginning next month, the company plans to add labels or remove tweets that feature such manipulated images and video content. While short of an outright ban, the new policy is meant to address the growing concern of users frustrated by the practice of disinformation spread via social platforms. However, it also highlights the challenges faced by social media companies in regards to balancing freedom of speech, parody and satire, and false or manipulated content. On Monday, YouTube announced its plans to better manage misleading political content on its site. Continue reading New Twitter Policy Aims to Combat Fake Photos and Video

Twitter Warns Clearview to Stop Scraping its Users’ Photos

Clearview AI has scraped over three billion photos from Facebook, YouTube, Twitter, Venmo and hundreds of other websites to create a facial recognition database now used by the FBI, the Department of Homeland Security and over 600 law enforcement agencies. Twitter just sent a cease-and-decease letter to the startup demanding that it stop taking photos and other data from its site and to delete any data it has already collected. Twitter accused Clearview AI of violating its policies. Continue reading Twitter Warns Clearview to Stop Scraping its Users’ Photos

CES 2020: Wooptix Creates 3D Images From a Single Lens

Wooptix approaches the problem of light-field image capture in an interesting way. Using a single camera lens, they capture the same image at multiple depth-of-field settings. They then assemble a 3D version of the captured image by identifying and grabbing the areas of each depth-of-field image that are in focus. The result is a clear, if slightly flat and layered, 3D image with some degree of parallax. The company’s tech could have multiple applications. Continue reading CES 2020: Wooptix Creates 3D Images From a Single Lens

iPhone 11’s Deep Fusion Creates Composited HDR Images

With the beta of iOS 13.2 arriving with the new iPhone 11, Apple is previewing Deep Fusion, the company’s name for machine learning-aided computational photography to enhance details. The trick of snapping multiple exposures that are then composited into an ideal photo might not sit well with professional photographers, but the A13 Bionic-enabled iPhone 11 will do just that, beginning to shoot before the shutter button is pressed and then picking the best bits of the photos to create the best one possible. Continue reading iPhone 11’s Deep Fusion Creates Composited HDR Images

Pinterest Becomes a Visual Discovery Engine for Shopping

Pinterest is now promoting itself as a “visual discovery engine,” where its 300 million global monthly active users can not only browse billions of images but also purchase the items they find there. For most of its users, Pinterest is a go-to place for home décor, gardening and personal style, allowing users to “pin” or post photos to create inspiration boards. According to Pinterest, its AI technology can accurately pinpoint 2.5+ billion objects in photos, millions of which can be purchased by clicking on the item. Continue reading Pinterest Becomes a Visual Discovery Engine for Shopping

Instagram Aims to Reduce Influencer Impact on Young Users

Facebook’s photo- and video-sharing app Instagram announced its plans to restrict certain content, including posts that promote cosmetic surgery procedures and weight-loss products, from users who are younger than 18 years of age. While some posts will be hidden from young users, other posts will be removed altogether from both Instagram and Facebook, including those from A-list celebrities such as the Kardashians. The move is part of an effort by the social networks to address growing concerns regarding the significant impact of influencer marketing on children. Continue reading Instagram Aims to Reduce Influencer Impact on Young Users

Apple Showcases Upcoming Devices, Subscription Services

At the Steve Jobs Theater in Cupertino on Tuesday, Apple unveiled three new iPhones and announced the $4.99 monthly fee for its TV+ streaming video offering (to launch November 1) and Arcade video-game service (coming September 19). The iPhone 11 models — starting at prices ranging $699-$1,099 — tout updates such as new colors, improved battery life, more camera lenses, Night Mode for low-light photography, and the option to record video by simply holding down the camera button. The tech giant also unveiled an upgraded 10.2-inch iPad with A10 processor in addition to a new Series 5 Apple Watch featuring more power (starting at $399), while reducing the price of its Series 3 model about 30 percent to a low $199. Continue reading Apple Showcases Upcoming Devices, Subscription Services

Facebook’s Dilemma: Achieving Data Portability and Privacy

Facebook is trying to make good on two key promises: to protect users’ privacy and to allow them to move their data elsewhere. But the two goals may not be compatible, and Facebook is looking outside the company to get ideas on how to deliver both. The European Union and California passed laws that require Facebook to make users’ social media profiles easy to move to a competing platform. At the same time, Facebook agreed to enforce data protections as part of a $5 billion settlement with the Federal Trade Commission. Continue reading Facebook’s Dilemma: Achieving Data Portability and Privacy

Apple Brings Back Touch ID, Readies New iPhones Launch

To better compete with the latest flagship Android phones offered by companies such as Samsung, Huawei, Oppo and Xiaomi, Apple is developing in-screen fingerprint tech for its future iPhones, according to those familiar with the plans. It is unclear whether the tech will be featured in 2020 or 2021 models, but insiders indicate that testing is already underway at Apple and its overseas suppliers. Meanwhile, Apple will announce this year’s new high-end iPhones on September 10, and is reportedly working on its first low-cost iPhone since the company’s 2016 SE model. Continue reading Apple Brings Back Touch ID, Readies New iPhones Launch

Facebook Creating Companion Messaging App to Instagram

Facebook is looking to take on Snapchat with a new messaging app the social giant is developing as a companion to Instagram. The Threads app reportedly intends to encourage constant sharing between “close friends” by automatically sharing data such as location, speed and battery life in addition to the usual messages comprised of video, images and text. Instagram previously had a standalone messaging app called Direct, but users were frustrated when they had to move between the two apps to send messages. A new messaging app built around a user’s close friends list could provide a viable alternative.  Continue reading Facebook Creating Companion Messaging App to Instagram

Facebook Moves to Defend Itself Against Regulatory Threats

Under pressure from legislators and others, Facebook has taken steps to protect itself. According to sources, the company ceased talks to buy video-focused social network Houseparty to forestall increased antitrust concerns. In response to calls to break up Facebook, the company took internal measures to make that more difficult to do by reorganizing its departments and rebranding Instagram and WhatsApp. Elsewhere, the European Union is expected to issue decisions by the end of the year related to privacy issues involving Facebook. Continue reading Facebook Moves to Defend Itself Against Regulatory Threats

Verizon to Sell Tumblr to WordPress Owner Automattic Inc.

Verizon announced that it is selling New York-based Tumblr to WordPress parent company Automattic Inc. Terms of the deal have not been formally announced, although some reports suggest that Automattic paid less than $3 million. Verizon purchased Tumblr in 2017 following its Yahoo acquisition; Yahoo paid $1.1 billion for the blogging platform four years earlier. Today, Tumblr is an active social networking hub and home to 475 million blogs. While it has a dedicated community, it does not share the same cultural impact as platforms such as Instagram, Snapchat and YouTube. Continue reading Verizon to Sell Tumblr to WordPress Owner Automattic Inc.

Apple Ends Practice of Humans Monitoring Siri Recordings

Apple will no longer allow human contractors to listen in on users’ Siri recordings to “grade” them, and will not resume the program until it has completed a “thorough review.” The company also stated that, as part of a future update, users will be able to opt out of the quality assurance program. Apple told users that Siri data might be used to improve their experience, but not that humans would be listening to it. Most of the compromised confidential information was recorded via an accidental trigger of Siri. Continue reading Apple Ends Practice of Humans Monitoring Siri Recordings

Costs of Teaming With Social Media Influencers on the Rise

Recent reports from influencer marketing services indicate that brands and marketers are concerned with the growing costs of working with social influencers. According to a Mediakix survey, more than one-third of marketers in the U.S. explained that the rising cost in this space has become a significant challenge to marketing. A report from Klear points out that nano-influencers on YouTube (with 500 to 5,000 followers) earn an average of $315 per video, and power-influencers (with 30,000 to 500,000 followers) charge an average of $782 per video. Continue reading Costs of Teaming With Social Media Influencers on the Rise

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