Tech firm Infinite Reality — which specializes in AI-powered 3D immersive experiences — has agreed to pay $207 million for Napster, the 26-year-old music streaming service. The sellers are crypto investment firm Hivemind Capital Partners and blockchain firm Algorand, that acquired the platform in 2022. Infinite Reality is privately held, listing among its investors Liberty Media, Live Nation, MGM, T-Mobile and Barry Diller’s IAC. The company plans to steer Napster to superfan experiences, making it “more immersive, more social, and more shoppable.” Napster CEO Jon Vlassopulos, former global music chief at Roblox, will continue in his current post. Continue reading Infinite Reality Agrees to Acquire Napster in $207 Million Deal

Search firm Perplexity AI has renewed its push to acquire TikTok, outlining its vision for “Rebuilding TikTok in America.” As ByteDance approaches its extended deadline of April 5 to sell TikTok or see it banned here in the U.S., Oracle and its cohort of investors have emerged the frontrunners. While the three-year-old Perplexity is a longshot — with observers saying it does not have the cash on hand to purchase the social powerhouse — with deep-pocketed investors including Nvidia, Databricks and Amazon founder Jeff Bezos, it likely has access to funding should its offer be accepted. Continue reading Perplexity AI Outlines Pitch to Acquire TikTok, Rebuild for U.S.

A new Discord Social SDK allows developers to integrate the platform in-app for games. Discord is massively popular with gamers; the company estimates PC players alone spend more than 1.5 billion hours each month on the platform. This free SDK can extend the user experience beyond the third-party content in which it becomes embedded to reach the platform’s community of over 200 million monthly active users. “Developers can power friends lists, cross-platform messaging, voice and more for all players — with or without a Discord account,” the company announced. Continue reading New Discord Social SDK Integrates Platform In-App for Games

Snap has marked the six-month anniversary of its fifth generation Spectacles by showcasing new geo-location features that developers can start using now, and previewing what an all-day AR experience might be like, though that capability is not here yet. The latest Spectacles — introduced September 2024 and described as “still very much a developer kit” — have only 45 minutes of standalone battery power. But Snap has made immediately available for developers a swathe of geo-location data for better outdoor AR experiences, showcasing the integrations with gear from Utopia Labs. Continue reading Snap Updates Geo Data for Spectacles, Previews All-Day AR

TikTok has rolled out a Security Checkup tool designed to help users secure their accounts. Security settings can now be reviewed and updated from a single screen, similar to security dashboards used by Google and Instagram. A step-by-step guide to the new feature encourages users to make their accounts safer by enabling more security features. The social media platform owned by China-based ByteDance is in the final days of a 75-day extension allowing it to continue U.S. operations after Congress deemed it a national security threat and enacted legislation requiring it to be sold or banned by January 15. Continue reading TikTok Adds Security Checkup to Help Users Secure Accounts

Warner Bros. Discovery is updating its Discovery+ technology to offer expanded streaming features, initially for subscribers in the U.S. and Canada. As the service migrates to the same technical platform and infrastructure that powers WBD’s Max service globally, customers will gain features including more personalized recommendations, improved homepage and navigation, better in-app discovery and a mobile “share” to social media, among other things. “A singular unified platform has been central to our technology strategy, and this marks a major milestone in that journey,” WBD CTO Avi Saxena said of the change. Continue reading WBD Updates Discovery+ Tech Stack and Adds New Features

Snapchat has introduced AI Video Lenses for those paying $16 per month for its Platinum tier. Powered by Snap’s custom-built generative video model, the initial three releases are a fox that perches on your shoulder, rambunctious racoons and a large bouquet of flowers with a zoom out effect. After selecting an AI Video Lens and applying it to a Snap, the AI video generates in the background, auto-saving save to Memories while users are free to continue messaging and Snapping on the app. The resulting video can be shared with friends or to Stories and Spotlight. Continue reading Snap Launches Generative AI Video Lenses for Platinum Subs

Meta Platforms has reportedly begun “a small deployment” of its first in-house chip designed for AI training. The accelerator chip is engineered around the open-standard RISC-V architecture. TSMC produced the working samples now being tested. The goal is to create purpose-specific chips that are more efficient than Nvidia’s general purpose GPUs, enjoying the cost-savings that would come with wide use and reducing reliance on outside chip suppliers in a tight market. If the tests go well, Meta plans to scale up production for expanded use by 2026. Details of the new chip’s specifications remain unknown at this time. Continue reading Meta Tests New AI Accelerator Chip Designed with Broadcom

Popular social media platform Pinterest is now labeling generative AI content. The app, which earned a reputation as fertile ground for design inspiration related to hand-crafted goods and human artistry, has recently been plagued by an onslaught of “AI slop,” something its regular users have been complaining of on Reddit and to Pinterest directly. The GenAI content was often used to redirect people to spammy sites, according to a recent report. Pinterest’s labeling news coincides with an earnings report of $1.15 billion in Q4 revenue, marking an 18 percent increase year-over-year. Continue reading Pinterest AI Labeling Policy Unveiled as Q4 Earnings Top $1B

Instagram is experimenting with a community chat feature that lets users gather in groups of up to 250. Meta’s photo- and video-sharing network is prototyping the feature internally, though external sources with knowledge of it are comparing it to Discord since it reportedly allows users to form chats around different topics and control who can join. While participation is said to be capped at 250 simultaneous users per community, all are invited to join and message. Instagram has had a flurry of new features, among them a video tool called Edits, and “profile cards” geared toward small businesses that want a more professional presence on the app. Continue reading Instagram Is Internally Testing Discord-Style Community Chat

Digg, a link-based aggregator website that was an Internet staple circa 2012 then faded, has been acquired by founder Kevin Rose in partnership with Alexis Ohanian, who co-founded Reddit. The site gained popularity by tapping crowdsourced voting, allowing users to vote content up or down. Thanks to AI, the duo feel the timing is right for Digg to make a comeback. “We’ve hit an inflection point where AI can become a helpful co-pilot to users and moderators, not replacing human conversation, but rather augmenting it, allowing users to dig deeper, while removing repetitive burdens,” Rose says. Continue reading Crowdsourced Social Site Digg to Relaunch after AI Makeover

A standalone Meta AI app is in the works for Q2, according to sources familiar with the company’s plans. The move is aligned with Meta Platforms CEO Mark Zuckerberg’s stated intent to propel his company to the forefront of artificial intelligence by year’s end, vaulting ahead of competitors such as OpenAI, Alphabet, Anthropic and xAI. “This is going to be the year when a highly intelligent and personalized AI assistant reaches more than 1 billion people, and I expect Meta AI to be that leading AI assistant,” Zuckerberg said in January during a Q4 earnings call with analysts. Continue reading Meta Plans Its Own Standalone AI App to Take On ChatGPT

Comcast Technology Solutions is launching MediaExpress, which aims to make it easier for content owners to get distribution on premium VOD tiers. MediaExpress offers program suppliers a pipeline to leading broadcast, streaming, social and digital platforms. It provides “a single ingest point for videos, metadata and supporting files, facilitating title management and distribution for both long form and short form video with CTS handling certified delivery,” according to Comcast. It also allows library holders to streamline “VOD distribution and monetization efforts across subscription VOD (SVOD), advertising VOD (AVOD), transactional VOD (TVOD) or FAST partners.” Continue reading Comcast MediaExpress Will Distribute Premium VOD Content

Substack has enabled video publishing directly from within the Substack app. The move is designed to increase user engagement while helping its authors monetize, including with smartphones. Each video post can be formatted to reach subscribers instantly through email, app notifications, or both. “With millions of weekly active users and 1 million posts discovered daily, the Substack app has become the leading driver of subscriber and revenue growth for publishers building sustainable, independent businesses,” the company claims. The Substack network has also become a discovery ecosystem, helping creators find potential subscribers. Continue reading Substack Now Lets Creators Monetize with Video Publishing

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. Continue reading Facebook’s New Storage Policy Limits Live Video to 30 Days