On the heels of its first Congressional hearing for product safety, TikTok has announced policy changes aimed at making the short-form video social platform safer and more secure, particularly for minors, LGBTQ and minority users. In October, TikTok vice president and head of public policy Michael Beckerman testified along with executives from Snapchat and YouTube, addressing questions from U.S. senators as to the social media site’s impact on teen eating disorders and fallout from dangerous hoaxes. The policy updates address those concerns and institute new cybersecurity measures intended to protect user data from unauthorized access. Read more

Nvidia has scrapped plans to buy Arm from Softbank Group due to “significant regulatory challenges preventing the consummation of the transaction,” according to a joint statement that indicates Arm will proceed with plans for an IPO. In what is being positioned as a coincidence of timing, Arm says Simon Segars has resigned as CEO with Rene Haas, formerly president, stepping into the role. After being announced in September 2020, the $40 billion deal faced opposition from both the European Commission and the Federal Trade Commission, which in December sued to block the sale. Read more

Meta Platforms’ Vishal Shah told attendees of the Interactive Advertising Bureau’s annual leadership meeting that the brave new virtual world his company is conjuring will offer vast opportunities for marketing and promotion without the physical constraints of real estate leases, supply chain snags and geographic inconvenience. Appearing virtually, Shah revved the engines at “The Road to the Metaverse” tour, promising brands an exciting ride, albeit one that may take 10 years to hit cruising speed. Meta is stepping on the gas to get there, investing $11 billion in its Reality Labs VR unit last year.  Read more

A new technique for machine learning that allows computers to use algorithms that turn 2D images into 3D is stirring a lot of excitement in the worlds of games, computer graphics and AI. The approach relies on “neural rendering,” which uses a neural network to generate 3D imagery from multiple 2D snapshots. A merger of concepts from the worlds of computer graphics and artificial intelligence, neural rendering gained steam in 2020 when researchers at Google and UC Berkeley demonstrated how a neural network could photorealistically capture a scene in 3D after ingesting several 2D snapshots. Read more

Meta Platforms released its Q4 earnings on February 2, at which time several media outlets have become quite exercised over the fact that the company’s flagship social media platform, Facebook, reported that daily and monthly active users were “1.93 billion on average” and “2.91 billion,” respectively, in both Q4 and Q3, i.e., “flat,” as in zero growth. While sequential quarterly analysis can be a useful metric, it is more relevant when analyzing startups. For mature companies, a year-over-year analysis that compares like quarters is the Wall Street norm. Launched in 2004, Facebook turns 18 this year. Read more