Decreased data storage costs and booming data generation may lead the global AI industry to be worth nearly $1T by 2028. By the end of the decade, AI will become essential for numerous industries.
Virtual reality (VR) has the potential to redefine how brands engage with consumers, and companies in China are investing heavily in this emerging technology. But adoption there has hit a wall, meaning the industry must overcome technical challenges, and other pain points, for VR to become a game changer for consumer marketing.
A recent Supreme Court ruling limits the US government’s ability to prosecute individuals for misusing databases—the ruling will add legal clarity for AI companies harvesting public data and, ironically, many of the ethical researchers using similar methods in the name of tech accountability.
The company will require law enforcement agencies to publicly post their data requests on Ring’s Neighbors app for users to see. While the move adds transparency, it’s unlikely to resolve the core concerns around Ring’s police partnerships.
The recent launch of Huawei’s Harmony OS across mobile devices will alleviate its reliance on Android and could put a dent in Google’s global mobile OS dominance.
Years of faltering smartphones forced the company to abandon its handset segment, but increased demand for consumer electronics has presented LG with a well-timed strategy pivot.
Tesla owners start smiling for the camera: The company announced it will use an in-car camera to detect and monitor drivers using the Autopilot feature following mounting safety and misuse concerns. Though an improvement, the solution may bring about a host of new privacy concerns.
The connected TV giant’s focus on ad revenue and interoperability could give it an advantage over competitors like Amazon and Google in the smart home space.
A new Nest update will make Google’s smart home devices compatible with the Matter smart home standard. The move could add momentum towards a push for a unified smart home ecosystem and presents Google with access to a quickly growing supply of smart devices.
Walmart buys a digital fitting room startup: The retail giant is trying to expand its ecommerce presence after Amazon overtook it as the No. 1 apparel retailer in the US last year.
Yelp boosts small businesses: The platform is rolling out new, more expansive targeting options as we head into a full-swing summer.