Foxconn is forecasting ‘robust growth’ in 2024, but the increase isn’t coming from iPhones. Bgr.com reports that Foxconn sees the growth coming from stronger AI server demand. As Apple has already hinted that there will be AI features coming with iOS 18 and even more for the iPhone 16, Foxconn CEO Young Liu said “Revenue from AI servers is estimated to climb 40% year-on-year, while revenue from graphic processing unit modules will jump by a triple-digit percentage.” Overall, AI server-related revenue will account for 40% of Foxconn’s total server business in 2024, up from 30% in 2023. Analysts have said Apple is building a number of new AI servers in anticipation of the changes in iOS 18 and with the iPhone 16.
The CEO of TikTok has responded to the overwhelming US House vote to force ByteDance to either sell off the platform or face a ban of it in the US. According to mashable.com, the CEO called the bill ‘disappointing’ and intimated that TikTok may take legal action if the bill becomes law. It still has to pass the Senate, but President Biden has said he will sign it. TikTok had lobbied its users to flood Congress with calls and emails before the bill passed, but it did pass 352 to 65. CEO Chew claims that the bill will give more power and dollars to a handful of other social media platforms. He also says “It will put more than 300,000 American jobs at risk and it will take away your TikTok.” Few believe ByteDance won’t sell TikTok if it comes down to it…the Chinese economy is hurting for cash right now, and most agree a sale would bring as much as several hundred billion.
Microsoft is building a single version of Teams that will let you switch easily between work and personal accounts. Theverge.com says new app is being tested right now. The new version will be rolled out to commercial users in April. In future updates, you’ll be able to select the account you want to use when joining a meeting link or even join a meeting without signing in. This unified app will even let you launch personal and work accounts for Teams with separate icons on the taskbar instead of having to install and launch separate apps. Microsoft is also baking in notifications that show you clearly where a notification has come from. Personal notifications will also have more detail.
Instagram has a feature they call ‘Spins’ in the works for its Reels short form videos. Techcrunch.com reports that the feature would allow other users to switch out the text or audio in your Reels. The feature is in the very early stage of development. It could be used as a way for users to start trends by creating templates that other people can then put their own creative spin on. At best, this could be like dropping samples into rap songs. On the other hand, I see it as a way to get a lot of humor…intended or unintended…and mischief! Laying in a track making someone say naughty things or making them talk like a duck. The possibilities are numerous. The original creator would get credit for their original every time someone makes a Spin of it. It isn’t a sure thing that Instagram will even release the feature…it isn’t being tested internally yet.
A big showdown is looming closer as the House has passed a bill that will ban TikTok in the US unless the app separates from its parent company in China, ByteDance. Theverge.com reports that the bill had a big bipartisan majority…it passed 352 to 65, with one member voting present. It now moves on to the Senate…where passage is not assured. President Biden has said he will sign it if it reaches his desk. Before getting to the House floor, the bill came out of the Energy and Commerce Committee on a 50 to 0 vote. TikTok claims it doesn’t store US user info in China, but the lawmakers aren’t buying that. ByteDance does have connections with the Chinese army and government, which has concerned US policy makers for years. Not everyone is thrilled with a ban of the platform…in addition to influencers, there are a number of businesses who have testified that a ban would wipe out their business.
In an earth-shaking move, Spotify has added music videos in 11 countries…although not the US. So…Spotify is rolling out a beta of MTV…what an original concept! Snark aside, according to engadget.com, they will offer thousands of music videos across a wide range of genres and artists. To watch a video, users can just click ‘switch to video’ right on the now playing screen. The video will automatically start at the beginning, but users can switch back to audio at any time.
The European Union Parliament has voted to adopt the AI Act, which they claim is ‘the world’s first comprehensive AI Law.’ Techcrunch.com says the vote was 523 to 46. The new law attempts to set up a risk-based framework for AI; applying various rules and requirements depending on the level of risk attached to the use-case. It covers prohibited use case, as well as non-compliance penalties…which can reach as much as 7% of global annual turnover. The EU legislators note that there will be additional laws needed in the future, as AI evolves in order to ensure that humans are on control and protected.
Amazon is rolling out an AI feature that lets sellers generate new product listings from their existing web sites. Geekwire.com reports that Amazon will offer sellers the ability to quickly create new product listings using generative AI by providing a URL for their existing direct-to-consumer websites. Previous generative AI features released by Amazon include the ability to fill out a product listing starting with a few words, and to upload an image to automatically generate a product title, description, and attributes. More than 100,000 Amazon sellers have adopted generative AI tools for listing products, according to Amazon.
The former CEO of Activision Blizzard, Bobby Kotick, is angling to buy TikTok as the US government is threatening to ban the app unless it is sold off by Chinese firm ByteDance. Engadget.com reports that Kotick…and hey, tick is part of his name, so running TikTok ought to be a natural…ok, kidding…has talked about partnerning with OpenAI CEO Sam Altman. If ByteDance will even sell, it would be a multi-hundred billion dollar deal. Kotick chaired Activision for 30 plus years. TikTok has had influencers and people who make a living on the platform flood Congressional representatives with calls and email, urging them not to ban or force a sale of the app. A bipartisan group of law makers are concerned about the data the app is getting which can be going to the Chinese government. President Biden has said he would sign a bill banning or forcing the sale of the app.
Most people know that our data is currency to many businesses and organizations. Here’s a wrinkle you may not be aware of…a number of car makers are selling your driving data to LexisNexis, which in turn is selling the info to insurance companies, and it’s raising folks’ insurance rates! According to the New York Times, a number of makers have programs you can sign up for to keep track of your driving habits…some, like GM, have made it like a game where you can earn badges for you good driving. The down side is they track hard braking, hard cornering, speeding, tickets and accidents, and your insurance rates can go through the roof…or sunroof in this case. In some instances, people haven’t even signed up for the programs. Several states don’t permit this activity…including California, Massachusetts, Michigan, and Hawaii. Besides General Motors, Kia, Subaru, and Mitsubishi contribute to the LexisNexis ‘Telematics Exchange.’ Ford, Honda, and Hyundai are also claimed to be included…although both Ford and Subaru deny this. If you want to see what data your car can collect, go to vehicleprivacyreport dot com. https://vehicleprivacyreport.com/. You can also see your LexisNexis report at consumer dot risk dot lexisnexis dot com slash consumer. https://consumer.risk.lexisnexis.com/consumer
An interesting new feature may be coming to Apple’s AirPods Pro. Apparently in iOS 18, there will be ‘a major new hearing aid mode.’ The word comes from Bloomberg’s Mark Gurman. The feature apparently won’t require any hardware changes. AirPods already have a feature called Live Listen, that came out own 2018. That feature turns an iPhone into a directional microphone, sending the audio to the AirPods in real time. A couple of years ago, AirPods got Conversation Boost, which boosts the mic directly in front to better pick up what a person is saying. With the new relaxed FDA guidelines allowing over the counter hearing aids, the hearing aid feature seems like a natural extension of what they already do.
Quite a few social media influencers are making money promoting great prices on goods over TikTok. Well, it turns out…unsurprisingly, that most of the goods are counterfeit. Wired.com says it isn’t just on TikTok, either. Some influencers are also hawking the illegal knock offs on Facebook, Discord, and Reddit. One firm called Pandabuy claims to have hundreds of content creators touting goods. Some of the knocks offs are not only cheap, but also look cheap, but others are very good fakes. If it is a designer brand and it’s being marketed by an influencer on one of these platforms, it is most likely not the real deal. One example as a pair of $1000 Rick Owens high top sneakers for $73 that apparently are pretty accurate. As always, caveat emptor…let the buyer beware.
Honda has announced a hydrogen fuel cell powered vehicle for the US. It’s basically a 2025 CR-V, but with a crazy additional name…try saying Honda CR-V e:FCEV 3 times quickly. Theverge.com reports that the fuel cell electric vehicle will have an EPA range of 270 miles, including 29 miles of all-electric driving. The fuel cell is co-developed with General Motors, and built by the two companies’ Fuel Cell System Manufacturing venture in Michigan. No price as yet, but it will be available for lease in California later this year. It has 174 horses, and can be recharged on a normal wall outlet or a Level 2 charger. Honda had formerly sold the Clarity hydrogen car until 2017.
TikTok continues to battle with Universal Music Group over royalties. Recently, UMG pulled some recordings it owns or distributes from TikTok including tracks from the likes of superstars Taylor Swift, Billie Eilish and The Weeknd. The standoff is now impacting songs published by UMG, with millions more tracks expected to be muted on TikTok by the end of this week. According to Engadget.com, the tussle is over split copyrights. UMG has now removed some 3 million songs. Besides that, UMG’s deal with TikTok over its publishing catalog expires later this week…that could mean some 4 million songs will disappear from the platform.
Meta is aiming to unveil its first “true” augmented reality glasses this fall at the company’s Connect event for third-party developers. ZDnet.com reports that the glasses aren’t related to the Ray Ban/Meta glasses from 2019. They are coming out of Meta’s Reality Labs, which is the division that oversees all of the social media giant’s augmented reality, virtual reality, and artificial intelligence projects. CEO Mark Zuckerberg posted a photo on Threads earlier this month, and from that it appears that they have built several prototypes. The upcoming glasses are expected to include spatial computing like Apple’s Vision Pro. If they can bring them out at a lot lower price point than Apple’s, Meta may really open up a wide market for AR glasses.
If you are always worrying about running your smartphone battery down, this may be just the deal for you. It’s the Energizer Hard Case P28K. Arstechnica.com notes that it is nearly a battery pack with attached phone. The handset has a 28,000 mAh battery, so you won’t run out of juice soon, but it thicker than 3 iPhones! The handset is made by Avenir Telecom. Honestly, it is described as being just a budget phone, so if you are anywhere near a power user, it won’t be for you. On the other hand, it can go 5 days on a charge. If you want one, it drops in October for $273.
TikTok is testing letting people upload videos up to 30 minutes long…in an obvious move to go after YouTube. Bgr.com notes that this is triple the present 10 minute length. When a user gets ready to upload a video, a pop up announces “Introducing 30 minutes video — You can now upload videos up to 30 minutes long!” Of course, YouTube still allows much longer videos…actually up to 12 hours. The 30 minute time will be interesting, but I have several friends who do programs of 1 to 2 hours in length, so the 30 minute limit won’t be suitable for that sort of longer form programming. Most videos on YouTube aren’t over 30 minutes, though…so this is a big move for TikTok.
Facebook sued a data scraping company last year, and now a federal judge has tossed Meta’s breach-of-contract claim. According to arstechnica.com, this is because the defendant Bright Data obtained only public data from Facebook and Instagram. Bright Data is an Israeli company that collects data from various websites and offers related products to businesses. Meta alleged that Bright Data violated Facebook and Instagram policies by developing and using “unauthorized automation software to scrape data from Facebook and Instagram, including users’ profile information, followers, and posts that users have shared with others.” The judge did let stand one claim…for tortious interference with contract. Us District Judge Edward Chen has scheduled a status conference May 5th to discuss litigation of that remaining claim by Facebook.
Microsoft hit an historic milestone Wednesday as they briefly surpassed $3 trillion in market value. Bloomberg reports that a lot of the gain was due to optimism over AI. The Redmond firm wasn’t able to hold above that mark for long, but did close right under $3 trillion, with a valuation of $2.99 trillion. Microsoft joins a very exclusive corporate club now…Apple had previously became the first company to ever hit the milestone last summer.
In some not so hot financial news, Tesla revealed its final quarter of 2023 results yesterday. On the plus side, arstechnica.com reports that they did hit the goal of delivering 1.8 million EVs to customers…but gross profits were down 23% year over year…even with a net income increase of 115% (although in large part, this was due to Tesla recording a “one-time non-cash tax benefit of $5.9 [billion] in Q4 for the release of valuation allowance on certain deferred tax assets.” Tesla also warned that vehicle growth rate may be ‘notably lower’ in 2024. 2025 could pick back up for them, though, with a leak to Automotive News that a compact crossover could be out in that model year.
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