The Walt Disney Company’s revenue rose to $91.4 billion for its fiscal year 2024, which ended September 28, a 2.8 percent increase from 2023. For the fourth quarter, revenue rose 6 percent to $22.6 billion, in line with analysts’ expectations. Company-wide, net profit climbed 74 percent in Q4, to $460 million, thanks largely to the strength of the streaming and theatrical film units. Improvements in the Disney+, Hulu and ESPN+ businesses marked the streaming sector’s second consecutive quarterly profit. Net profit for the year was a tick under $5 billion, up a whopping 111 percent from 2023. The results sent Disney shares up 6.2 percent on Thursday. Continue reading Disney Ends Fiscal Q4 Strong Thanks to Movies and Streaming

LG Display has unveiled what it is calling “the world’s first stretchable display,” a screen capable of elongated up to 50 percent, “the highest rate in the industry.” At LG Sciencepark in Seoul this month, the company demonstrated the new panel at a meeting of more than 100 South Korean industry, academia and research stakeholders involved in a stretchable display national project. The free-form prototype has a 12-inch screen that can be folded and twisted and stretched up to 18 inches while continuing to deliver resolution of 100ppi and full RGB color by using a silicon substrate and special wiring structure. Continue reading LG Says Its New Flexible Screen Can Stretch Up to 50 Percent

YouTube has added a new feature to its Dream Track toolset, which lets select U.S. creators use AI to generate songs using the vocals of artists including John Legend, Demi Lovato, Charli XCX, Charlie Puth and others. Now users can remix Dream Track songs using natural language to describe the changes they would like, stylistic and otherwise. Selecting the “restyle a track” option will steer users to creating a 30-second generative snippet for use in YouTube Shorts. The remixed snippets will credit the original song with “clear attribution” through the Short itself and the Shorts audio pivot page. It will also clearly indicate that the track was restyled with AI, according to Google. Continue reading YouTube Dream Track Toolset Introduces an AI Remix Feature

DeepL, a German company that gained a profile with online text translation, has released DeepL Voice, a B2B tool that translates to captions in real time. DeepL Voice debuts in two iterations: DeepL Voice for Meetings, which allows participants to speak in their preferred language while serving colleagues with captions, and DeepL Voice for Conversations, which works on mobile devices, facilitating in-person, one-on-one conversations “with customers, colleagues or anyone else, in the language that works best for them,” the company explains, noting that real-time voice translation offers specific challenges. Continue reading DeepL Voice Translates 33 Languages to Captions in Real Time

Reports indicate that Meta Platforms is preparing to introduce advertising to Threads, perhaps as soon as January. Threads is the year-old social platform it launched to compete with Twitter in July 2023, the same month Elon Musk was rebranding that platform as X. Meta is looking to begin Threads’ transition to ad support by initially allowing only a small group of advertisers to create and publish ads before opening the platform to the ad industry at large later in the year. Head of Instagram Adam Mosseri, who also runs Threads, has said Meta is “definitely” planning to open ad inventory on Threads. Continue reading Meta Readies Year-Old Threads for Advertising in Early 2025

Signal, the encrypted messaging app, has added video call features that could position the company as a rival to communication platforms such as Zoom, Microsoft Teams and Google Meet. Signal has also added a “Calls” tab that lets users initiate new calls, review call history and create call links, which can conveniently be shared with colleagues via normal messaging instead of having to create specific call groups. The reusable links also make it easy to share invites for recurring calls. Signal Calls is available for iOS, Android and desktop. The desktop app lets users choose between grid, sidebar and speaker views. Continue reading Signal’s New Video Call Feature Takes on Zoom, Meet, Teams

Particle, the AI-powered news aggregator created by a pair of Twitter alums, has launched after a year in beta. The iOS app summarizes current events in quick hits the startup says do not violate the copyrights of publishers whose news it shares. Instead of simply scraping publishers’ work for proprietary use, the startup seeks to compensate publishers and drive traffic to news sites with prominent links to sources accompanying each AI news summary. Developed by Sara Beykpour and Marcel Molina, Particle has raised more than $11 million in early funding led by Lightspeed. Continue reading Particle Launches AI News App That Summarizes in Quick Hits

Ernie, the foundation model for Baidu’s generative AI, has been updated with iRAG technology to mitigate visual hallucinations and a no-code tool called Miaoda that creates apps using natural language. The company behind China’s largest search engine says Ernie now handles 1.5 billion daily user queries, up from 50 million circa its March 2023 launch (a 30x increase). Baidu also debuted Ernie-powered smart glasses from its Xiaodu Technology hardware unit. The Xiaodu AI Glasses features built-in voice activation and cameras for taking photos and video. The news was shared at this week’s Baidu World 2024 in Shanghai. Continue reading Baidu’s Ernie AI Gets Improved Text-to-Image and App Builder

Clip It, the Roblox social media contender in the TikTok space, has crossed the one billion views threshold, according to the company. Roblox reportedly plans to leverage that achievement by launching an ad-supported product for Clip It that merges aspects of its custom-branded Roblox game spaces with programmatic advertising. Clip It offers an endless feed of short-form video, with video ads peppered amidst the content, drawing comparisons to TikTok. Clip It currently serves the same programmatic ads as the Roblox mothership, but that is about to change, thanks to its growing popularity. Continue reading Roblox Plans an Ad Revamp as ‘Clip It’ Passes 1 Billion Views

TiVo owner Xperi is gearing up for the launch of TiVo OS-powered smart TVs in the U.S., with production beginning as soon as this month. The company revealed that a U.S. manufacturing partner will enter production sometime in November, with another partner expected to do the same shortly after. Xperi expects to achieve its target goal of at least two million TiVo OS smart TVs on shelves by year’s end, which is about double what is currently available. However, the company addressed shipment delays that could push monetization expectations to 2025. Xperi is projecting seven million TiVo OS smart TVs will enter the global market by the end of next year. Continue reading Xperi Plans Launch of TiVo OS Smart TVs by End of This Year

Nvidia is updating its cloud-based GeForce NOW game platform with 1440p streaming, ultrawide resolution and, in lieu of a price increase, a 100-hour monthly playtime cap for new subscribers at the Priority tier (now called Performance), or Ultimate level, effective January 1. Existing Priority members will be automatically upgraded to Performance, which also lets members save in-game graphics settings across streaming sessions, including GeForce RTX features in supported titles. Ultimate members continue with RTX 4080-powered game performance of up to 4K resolution at 120 fps, or 1080p and 240 fps in Competitive mode. Continue reading Nvidia Ups GeForce NOW Gaming Cloud to 1440p Streaming

Microsoft Copilot now helps subscription users create personal themes in Outlook using generative AI. In what Microsoft says is “the first instance of dynamic AI-generated theming in productivity applications,” Copilot can now display inboxes against dynamic backdrops based on geography, the weather, or anything else users can imagine. The new feature is available across all popular platforms: Windows, Mac, iOS, Android and the Web. Just like you might “spruce up your office with artwork or plants,” Copilot lets AI enhance your digital environment, according to Microsoft. Continue reading Copilot Now Enables Custom AI Themes in Microsoft Outlook

Panjaya is a AI startup that aims to disrupt the world of video dubbing with a way to generate “hyperrealistic” recreations of a person’s voice speaking a new language. The system also automatically modifies the imagery to match lip and other physical movements to match the new speech patterns. Called BodyTalk, the technique is the launch point for Panjaya as it emerges from the stealth in which it conducted its R&D the past three years, backed by $9.5 million from venture funds and angel backers. The startup describes BodyTalk as “AI dubbing that looks and feels as natural as the original.” Continue reading BodyTalk Dubs into 29 Languages with Facial Moves to Match

Following the phasing out of legacy pricing for YouTube Premium subscribers that began in January in the U.S., the Google-owned streaming service is now doing the same in Europe and elsewhere. Long-time subscribers with pricing plans dating back to discontinued services Google Play Music and YouTube Red will begin paying the equivalent of the current $13.99 per month price starting in January 2025. The price increase encompasses both YouTube Premium, which is ad-free and includes YouTube Music, as well as YouTube’s standalone plans. Concurrently, the streaming giant is also rolling out a controls redesign for iOS and Android. Continue reading YouTube Raises Its Premium Subscription Rates Internationally

Nintendo has released a new app designed to delight gaming fans who have embraced the music featured in popular games such as “Super Mario Bros.,” “The Legend of Zelda” or “Pokémon.” Nintendo Music parses nearly 40 years of musical history from the Japanese gamemaker, available free via the Nintendo Switch Online subscription service on iOS and Android. Users can stream songs or download for offline listening, building their own playlists to share or accessing Nintendo-curated programming. Recommendations will propagate based on a fan’s Nintendo Switch play activity. Continue reading Nintendo Music Debuts with 40 Years of Tunes for Switch Subs