Zoom is starting to launch its AI-powered tools first announced in October. Available to Zoom Workplace subscribers, the new Zoom Docs has been engineered from the ground up for AI optimization, leveraging Zoom’s AI Companion for what the company says will result in increased productivity and collaboration. Zoom Docs users will be able to open documents from within the videoconferencing app and can use generative AI to help write and edit them. The results will be easily shareable, Zoom says of its bid to compete with biggies like Google and Microsoft in the business productivity space. Read more

The U.S. Department of Justice has filed suit against TikTok and its parent company, ByteDance, charging they’ve violated the Children’s Online Privacy Protection Act (COPPA) by allowing children to create TikTok accounts without parental consent, and collecting their data. The suit also alleges TikTok retained the personal data of minors who joined prior to COPPA going into effect in 2000, even after parents demanded it be deleted, a right under COPPA. This latest move in the ongoing legal battle with ByteDance follows the Chinese company’s own lawsuit against the U.S. government. Read more

A new generative AI startup called Black Forest Labs has hit the scene, debuting with a suite of text-to-image models branded FLUX.1. Based in Germany, Black Forest was founded by some of the researchers involved in developing Stable Diffusion and has raised $31 million in funding from principal investor Andreessen Horowitz and angels including CAA founder and former talent agent Michael Ovitz. The FLUX.1 suite focuses on “image detail, prompt adherence, style diversity and scene complexity,” the company says of its three initial variants: FLUX.1 [pro], FLUX.1 [dev] and FLUX.1 [schnell]. Read more

SiriusXM is launching a standalone podcast service called SiriusXM Podcasts+ available through Apple Podcasts. Beginning this month, the new ad-free service, described as a “premium listening experience for some of the biggest shows on the SiriusXM Podcast Network” will stream to more than 50 countries, including the U.S. and Canada with exclusive bonus content and early access to new episodes. Participating shows at launch include “SmartLess” and “Literally! with Rob Lowe,” as well as select programs from the Freakonomics Radio Network. SiriusXM Podcasts+ is priced at $5.99 per month or $44.99 annually, directly through Apple Podcasts. Read more

Facebook parent Meta announced better-than-expected earnings for Q2 last week, surpassing Wall Street estimates for revenue and profit. The company plans to continue spending heavily on artificial intelligence and virtual reality, despite significant losses in its AR/VR and metaverse businesses. Meta reported a revenue increase of 22 percent from $32 billion for the same quarter last year, representing four straight quarters of growth exceeding 20 percent. The company noted that net income jumped 73 percent to $13.47 billion. Advertising revenue, largely from Facebook and Instagram, was up 22 percent year-over-year. Read more