Tencent plans to unveil its AI model, Hunyuan, intensifying China’s AI race just as Beijing’s new regulations are implemented. Its guardrails could have worldwide implications.
Spotify has reached a record 551 million monthly active users worldwide after adding 36 million new users in Q2—a growth that’s three times greater than the same period last year.
Trained by AI today, replaced tomorrow? Hitachi unveils an AI-powered job-training technology that provides a solution to the knowledge-transfer problem. It also raises job security questions.
Why is the AMPTP suddenly so eager to end strikes? Its members had to negotiate upfront commitments without guarantees of new content, and a window for fall productions is closing.
YouTube Music introduces Samples: New feature with a TikTok-like vertical video feed should help users discover new music based on their preferences.
Peacock expands its reach beyond the home: Exclusive live sports to be shown in commercial venues, diversifying audience and increasing brand visibility.
DraftKings bets on star-studded marketing: Kevin Hart and Ryan Fitzpatrick star in a new ad campaign offering incentives to new users as competition heats up.
Share of viewing time between cable and broadcast TV in the US fell to a combined 49.6% last month, according to Nielsen.
Publishers are closing the door on AI scraping: The New York Times banned use of its content for AI training in a move that others will follow.
Foreign investments in China plummeted 87% to $4.9B due to US-China tensions and COVID-19. Businesses are skeptical of China’s global openness, and tech giants shift production to India.
Netflix initiates gaming tests for TVs and PCs: An effort to diversify entertainment and tap into its 238 million subscribers.
Instead of trying to compete with Amazon, Barnes & Noble is changing to appeal to consumers looking for the experience of an independent bookstore with the resources of a large chain. Leaning on local inspiration and a store layout that optimizes discovery, Barnes & Noble is revamping its 596 locations, as well as its membership program.
On today's episode, we discuss how Spotify added a record number of users, the impact of its price increase, and the latest on its podcast business. "In Other News," we talk about how good people are at recalling audio ads and some adjustments to Netflix's ad tier. Tune in to the discussion with our analyst Daniel Konstantinovic.
Meta is moving mountains to develop AR glasses: Instead of giving up on the metaverse, it’s taking patient, painstaking steps to beat Apple in the headset race.
The Hollywood strike is a chance to explore cheaper ad formats: With new content spending plummeting, streamers are sweetening the deal to keep advertisers on board.
Remember the metaverse? Bain predicts $900 billion by 2030, but big brands are showing mixed reactions.
VC and private equity can’t invest in Chinese tech with military inclinations. China is considering countermeasures, which could disrupt tech supply chains.
Cloud gaming expansion is in the works and could sustain user engagement amid content strikes.
Disney finally gets into sports betting: The company will launch ESPN Bet in partnership with Penn National but will have to juggle a family-friendly image.
Netflix is making progress with gaming: A controller app that syncs to your TV is the first sign in months that Netflix is still committed to making video games work.