Samsung Electronics saw net profit rise sixfold in Q2, surging 46 percent — to $7.11 billion — compared to Q1. The buoyant results for the South Korean electronics manufacturer were driven by its semiconductor business and the demand for advanced chips needed to fuel the global boom in artificial intelligence. Although the company is the world’s top smartphone manufacturer, more than half of the quarter’s operating profit came from chip-making for the latest reporting period. Revenue for the April through June quarter resulted in a 23.42 percent increase year-over-year, while profit soared 1,458 percent. Continue reading Demand for Advanced Semiconductors Drives Samsung Profits

Apple’s iOS 18 public beta 2 has arrived, with new wallpapers for CarPlay, a newly designed Hidden Apps folder in the Apps Library and the ability to use dark mode widgets in broad daylight, among other updates. Public beta 2 includes iPadOS 18, but does not include Apple Intelligence, which is expected this fall. However, a separate Apple Intelligence preview was introduced this week. In addition, a new Apple research paper leads some to believe its Apple Intelligence AI models were pre-trained in the cloud using Google Tensor Processing Units, leading to speculation that Big Tech be considering alternatives to Nvidia. But Apple has always been an AI outlier. Continue reading Apple Intelligence Preview and Updated iOS 18 Beta Released

An alternative app store called AltStore PAL recently launched in response to the European Union’s Digital Markets Act (DMA) and is now offering third-party iOS apps. The move comes several months after the company implemented an updated version of its open-source app marketplace in the EU. The DMA was enacted to foster competition, regulating Apple into opening up to rivals. Among AltStore PAL’s new offerings is iTorrent, which lets users download peer-to-peer files, and qBitControl, a remote client for iOS devices. Another app, PeopleDrop, automatically helps users connect to those nearby. Epic Games revealed it plans to offer “Fortnite” on AltStore PAL. Continue reading App Merchant AltStore PAL Bows in EU with a Focus on iOS

The U.S. Commerce Department has issued a large package of material designed to help AI developers and those using the systems with an approach to identifying and mitigating risks stemming from generative AI and foundation models. Prepared by the National Institute of Standards and Technology and the AI Safety Institute, the guidance includes the initial public draft of its guidelines on “Managing Misuse Risk for Dual-Use Foundation Models.” Dual-use refers to models that can be used for good or ill. The release also includes an open-source software test called Dioptra. Apple is the latest to join the government’s voluntary commitments to responsible AI innovation. Continue reading Apple Joins the Safe AI Initiative as NIST Amps Up Outreach

Google has reconsidered its previously announced plan to turn off third-party tracking cookies in its Chrome browser in favor of an option to be controlled by consumers. The original plan was pushed back a few times but was expected to take place early next year. Competitors and regulators have raised concerns about the deprecation that would have left Google — which hauled in more than $237.86 billion in ad revenue last year — free to use its own tracking to serve targeted ads to those using Chrome. Google is now developing a new plan to let consumers make their own informed decisions about whether to allow third-party cookies. Continue reading Google Changes Direction with Plans for Third-Party Cookies

U.S. tech companies are fighting back against what they feel are overly oppressive European Union regulations by withholding products from that market. Meta Platforms will not release its next Llama multimodal AI model there, along with future products. Apple last month said certain Apple Intelligence AI features will not be released in the EU. Previously, tech companies would accommodate regional laws by adapting global strategies so they could do business everywhere with the same products. Given the restrictions of the Digital Markets Act and other EU rules, Big Tech is signaling that may no longer be possible. Continue reading Tough EU Laws Prompt Meta, Apple to Withhold New Products

Samsung Electronics has agreed to acquire UK-based Oxford Semantic Technologies, a knowledge graph firm whose tech will help improve Samsung’s AI-equipped smartphones, TVs and home appliances. When combined with Samsung’s own on-device Galaxy AI, Oxford’s tech will allow “hyper-personalized” user experiences that keep data secure, Samsung said, adding that “knowledge graph technology stores information as an interconnected web of related ideas and process data in a manner similar to how humans acquire, remember, recall and reason over knowledge,” offering insight on “how people use a product or service.” Continue reading Samsung Buying Oxford Semantics to Boost AI Personalization

The live event business is making further inroads with social apps, as Shazam pacts with Ticketmaster and TikTok integrates Eventbrite. Ticketmaster says artists can now link live events in Apple’s Shazam app, where they’ll appear when a user Shazams a track. The feature will work in the more than 30 countries where Ticketmaster operates. The Live Nation-owned company also has deals with Snap and TikTok, whose new alliance with Eventbrite allows event producers and TikTok users to embed Eventbrite links in-stream. Now the TikTok community can discover events and purchase tickets “without ever leaving the app.” Continue reading Ticketmaster and Eventbrite Harness the Power of Social Apps

TikTok owner ByteDance lost its court battle challenging the European Union’s classification of it as a “gatekeeper” under the Digital Markets Act. The victory for EU antitrust regulators underscores its seriousness about reining in the power of Big Tech. As a gatekeeper, China’s ByteDance is lumped in with behemoths Google, Apple, Meta and Microsoft, among others. The DMA, which was passed in 2022 and came into effect this year, says gatekeepers must make certain aspects of their apps interoperable with rivals and forbids self-dealing, with stiff fines imposed for those found to fail. Continue reading ByteDance’s DMA Gatekeeper Appeal Dismissed by EU Court

YouTube Music is working to improve its discovery capabilities. The Google unit is testing an AI-powered personalized radio feature for Premium subscribers in the U.S., and is also gradually rolling out something called Sound Search, which lets users describe a type of sound, including by humming it, then having it searched from a catalog that features “over 100 million official songs,” according to YouTube Music. The feature was introduced on a limited basis on Android in May, and is now expanding to iOS users, albeit on what is still a limited basis. Continue reading YouTube Music Expands Its Sound Search and Tests AI Radio

Paris-based global streaming platform Deezer is fielding an AI playlist generator in an international beta launch. The move makes the indie-centric service more competitive with Spotify and Amazon Music, which have already been testing the feature. YouTube is reportedly also experimenting with AI-powered personalized radio. As of now, 5 percent of Deezer’s paid subscribers have been selected at random to try Playlist with AI, which creates playlists from text prompts that invoke moods, genres, decades, activities or “anything else that comes to mind,” according to Deezer. Continue reading Deezer Adds AI Playlists to Compete with Spotify and Amazon

Suno, the AI text-to-music startup that along with AI music generator Udio is currently being sued by the Recording Industry Association of America, has launched its long-awaited mobile app. Likened to a pocket-sized virtual music studio, it is available for free (with ads) to iOS users in the U.S. Suno says a global rollout is coming soon, as is a mobile app for Android. “Whether you’re a shower singer or a charting artist, we break barriers between you and the song you dream of making. No instrument needed, just imagination,” touts Suno’s landing page on Apple’s App Store. Continue reading Suno’s AI Music Generator Is Now Available for iOS Devices

The U.S Copyright Office has finalized its rule change on streaming royalties, delivering a long-awaited clarification on who receives streaming royalties when songwriters exercise termination rights that allow authors and heirs to terminate copyright grants — including transfers or licenses — for their music. The rule clarifies who is entitled to collect mechanical royalties paid by streaming platforms after the termination has been invoked. Specifically, the final rule confirms “that the derivative works exception to termination rights under the Copyright Act does not apply to the statutory blanket mechanical license established under the Music Modernization Act.” Continue reading Music Industry Lauds Copyright Ruling in Streaming Dispute

Federal regulators have taken the unprecedented step of banning the NGL messaging platform from providing service to users under 18. The action is part of a legal settlement between NGL Labs, the Federal Trade Commission and the Los Angeles District Attorney’s Office. NGL, whose niche is “anonymous” communication and features the tagline “Ask me anything,” has also agreed to pay $5 million in fines. An FTC investigation found that in addition to fraudulent business claims about divulging the identities of message senders for a fee, NGL also falsely claimed it used artificial intelligence to filter out cyberbullying and harmful messages. Continue reading Popular Messaging App Banned from Servicing Young Users

Samsung announced eight new devices in Paris this morning during its latest Galaxy Unpacked event. The products — all featuring Galaxy AI — include new Samsung folding smartphones, the Galaxy Z Fold6 and Galaxy Z Flip6; the Galaxy Watch7 smartwatch series in two sizes and a new Galaxy Watch Ultra; the Galaxy Buds3 and Galaxy Buds3 Pro wireless earbuds; and a $400 health-tracking smart ring called Galaxy Ring, marking a new product category for the company. The IP68 and 10 ATM water-resistant Galaxy Ring is a lightweight titanium ring that will be available later this year in nine size options in black, silver and gold finishes. Continue reading Samsung Reveals New Products at Galaxy Unpacked Event