AI
Reddit shares soar 38% in market debut
Reddit’s shares jumped in their debut, signaling that investor appetite for IPOs of promising yet loss-making companies could be returning.
AirTags
Apple accused of monopolizing smartphone markets in US antitrust lawsuit
The U.S. Department of Justice and 15 states sued Apple, alleging it drove up prices for its services and hurt smaller rivals.
accuracy
Google restricts AI chatbot Gemini from answering queries on global elections
Google looks to restrict Gemini to avoid potential missteps in the deployment of the technology.
AI system flaws
OpenAI introduces AI model that turns text into video
OpenAI is working on a software that can generate minute-long videos based on text prompts.
advancing issues
Wall Street climbs, lifted by Uber, Lyft and Nvidia
Nvidia briefly displaced Alphabet as the U.S. stock market’s third most valuable company.
Ali Khamenei
Meta Eliminates Iran’s Supreme Leader From Facebook And Instagram After Calling To ‘Wipe Israel Off The Map’
Iran’s Supreme Leader Ali Khamenei’s Facebook and Instagram accounts have been restricted by Mark Zuckerberg’s Meta due to ongoing violations of policies targeting potentially dangerous individuals and groups.
Alphabet
AI frenzy puts Nvidia briefly ahead of Amazon in market value
Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday.
Advanced Micro Devices
Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources
Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others.
child abuse content
Musk’s X aims to hire 100 content moderators in Austin by end of year
X is in the process of hiring 100 content moderators for a new office in Austin, Texas that will focus on fighting child abuse content.
AI
Meta to introduce watermarking feature for some AI products
Meta Platforms will add invisible watermarking to its text-to-image generation product imagine with Meta AI chatbot in the coming weeks to enhance transparency.