In an effort to grow its stalled user base and generate more revenue, Snap Inc. announced it will encourage 20 publishing partners such as CNN, Cosmopolitan, NBC News and Viacom to create curated collections of user posts called Our Stories. Each collection of snaps will center on a specific event and will be made available via Snapchat’s Discover section. Snap has been generating revenue through ad sales by curating Our Stories for events such as concerts, awards shows and sports. While these have been curated by Snapchat employees, Snap is now asking media companies to build the collections. Read more

Apple CEO Tim Cook and other company execs unveiled three new iPhones and a redesigned Apple Watch Series 4 in Cupertino yesterday. Bigger and faster was the underlying theme for the new devices. The iPhone XS Max starts at $1,099 and features a 6.5-inch screen (Apple’s largest to date). As expected, the entry-level iPhone XR has a 6.1-inch LCD screen and the premium iPhone XS includes a 5.8-inch display. Both XS models feature a Super Retina OLED screen and stainless steel casing (the XR is made of aluminum). Meanwhile, Apple Watch is evolving into a health-related wearable. The new smartwatch touts an ECG heart sensor approved by the FDA. Read more

Several cryptocurrency companies and their advocates have formed the Blockchain Association, the first-ever Washington, DC-based lobbying group to represent the fledgling industry and its investors and entrepreneurs. Among the companies behind the association are Coinbase, Circle and technology startup Protocol Labs, as well as investors Digital Currency Group and Polychain Capital. Kristin Smith, who lobbied on blockchain for Overstock.com when it began accepting bitcoin in 2014, will lead the group. Read more

On October 1, Verizon Communications will roll out a 5G package to residential customers in four cities: Houston, Indianapolis, Los Angeles and Sacramento. Signups for the service begin this week. The new 5G service relies on millimeter waves, higher-frequency spectrum that can carry more data but can’t travel as far or penetrate many hard materials. Verizon’s new chief executive Hans Vestberg pointed to 5G’s network reliability, low latency, energy efficiency, service deployment time and speedier connection to the Internet. Read more

Facebook’s Rosetta is a machine learning system that extracts text in many languages from over one billion images in a real time. Facebook built its own optical character recognition system that can process such huge amount of content, day in and day out. In a recent blog post, Facebook explained how Rosetta works, using a convolutional neural network to recognize and transcribe text, even non-Latin alphabets and non-English words. The system was trained with a mix of human- and machine-annotated public images. Read more