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The Media

What Happens When Major Online Platforms Lower Traffic to News Sites? (yahoo.com) 101

"The major online platforms are breaking up with news," reports the New York Times: Campbell Brown, Facebook's top news executive, said this month that she was leaving the company. Twitter, now known as X, removed headlines from the platform days later. The head of Instagram's Threads app, an X competitor, reiterated that his social network would not amplify news. Even Google — the strongest partner to news organizations over the past 10 years — has become less dependable, making publishers more wary of their reliance on the search giant. The company has laid off news employees in two recent team reorganizations, and some publishers say traffic from Google has tapered off... Some executives of the largest tech companies, like Adam Mosseri at Instagram, have said in no uncertain terms that hosting news on their sites can often be more trouble than it is worth because it generates polarized debates...

Publishers seem resigned to the idea that traffic from the big tech companies will not return to what it once was. Even in the long-fractious relationship between publishers and tech platforms, the latest rift stands out — and the consequences for the news industry are stark. Many news companies have struggled to survive after the tech companies threw the industry's business model into upheaval more than a decade ago. One lifeline was the traffic — and, by extension, advertising — that came from sites like Facebook and Twitter. Now that traffic is disappearing. Top news sites got about 11.5% of their web traffic in the United States from social networks in September 2020, according to Similarweb, a data and analytics company. By September this year, it was down to 6.5%...

The sharp decline in referral traffic from social media platforms over the past two years has hit all news publishers, including The New York Times. The Wall Street Journal noticed a decline starting about 18 months ago, according to a recording of a September staff meeting obtained by the Times. "We are at the mercy of social algorithms and tech giants for much of our distribution," Emma Tucker, the Journal's editor-in-chief, told the newsroom in the meeting...

Google cut some members of its news partnership team in September, and this week it laid off as many as 45 workers from its Google News team, the Alphabet Workers Union said. (The Information, a tech news website, reported the Google News layoffs earlier.) "We've made some internal changes to streamline our organization," Jenn Crider, a Google spokesperson, said in a statement... Jaffer Zaidi [Google's vice president of global news partnerships], wrote in an internal memo reviewed by the Times that the team would be adopting more artificial intelligence. "We had to make some difficult decisions to better position our team for what lies ahead," he wrote...

Privately, a number of publishers have discussed what a post-Google traffic future may look like and how to better prepare if Google's AI products become more popular and further bury links to news publications.

The Courts

Supreme Court Blocks Restrictions On Biden Administration Efforts To Get Platforms To Remove Social Media Posts (nbcnews.com) 148

An anonymous reader quotes a report from NBC News: The Supreme Court on Friday blocked in full a lower court ruling that would have curbed the Biden administration's ability to communicate with social media companies about contentious content on such issues as Covid-19. The decision in a short unsigned order (PDF) puts on hold a Louisiana-based judge's ruling in July that specific agencies and officials should be barred from meeting with companies to discuss whether certain content should be stifled. The Supreme Court also agreed to immediately take up the government's appeal, meaning it will hear arguments and issue a ruling on the merits in its current term, which runs until the end of June. Three conservative justices noted that they would have denied the application: Samuel Alito, Clarence Thomas and Neil Gorsuch.

"At this time in the history of our country, what the court has done, I fear, will be seen by some as giving the government a green light to use heavy-handed tactics to skew the presentation of views on the medium that increasingly dominates the dissemination of news. That is most unfortunate," Alito wrote in a dissenting opinion. GOP attorneys general in Louisiana and Missouri, along with five social media users, filed the underlying lawsuit, alleging that U.S. government officials went too far in what they characterize as coercion of social media companies to address posts, especially those related to Covid-19. The individual plaintiffs include Covid-19 lockdown opponents and Jim Hoft, the owner of the right-wing website Gateway Pundit. They claim that the government's actions violated free speech protections under the Constitution's First Amendment.

United States

US Chip Curbs Give Huawei a Chance To Fill the Nvidia Void In China (reuters.com) 23

An anonymous reader quotes a report from Reuters: U.S. measures to limit the export of advanced artificial intelligence (AI) chips to China may create an opening for Huawei to expand in its $7 billion home market as the curbs force Nvidia to retreat, analysts say. While Nvidia has historically been the leading provider of AI chips in China with a market share exceeding 90%, Chinese firms including Huawei have been developing their own versions of Nvidia's best-selling chips, including the A100 and the H100 graphics processing units (GPU).

Huawei's Ascend AI chips are comparable to Nvidia's in terms of raw computing power, analysts and some AI firms such as China's iFlyTek say, but they still lag behind in performance. Jiang Yifan, chief market analyst at brokerage Guotai Junan Securities, said another key limiting factor for Chinese firms was the reliance of most projects on Nvidia's chips and software ecosystem, but that could change with the U.S. restrictions. "This U.S. move, in my opinion, is actually giving Huawei's Ascend chips a huge gift," Jiang said in a post on his social media Weibo account. This opportunity, however, comes with several challenges.

Many cutting edge AI projects are built with CUDA, a popular programming architecture Nvidia has pioneered, which has in turn given rise to a massive global ecosystem that has become capable of training highly sophisticated AI models such as OpenAI's GPT-4. Huawei own version is called CANN, and analysts say it is much more limited in terms of the AI models it is capable of training, meaning that Huawei's chips are far from a plug-and-play substitute for Nvidia. Woz Ahmed, a former chip design executive turned consultant, said that for Huawei to win Chinese clients from Nvidia, it must replicate the ecosystem Nvidia created, including supporting clients to move their data and models to Huawei's own platform. Intellectual property rights are also a problem, as many U.S. firms already hold key patents for GPUs, Ahmed said. "To get something that's in the ballpark, it is 5 or 10 years," he added.

Privacy

Telegram is Still Leaking User IP Addresses To Contacts (techcrunch.com) 18

The popular messaging app Telegram can leak your IP address if you simply add a hacker to your contacts and accept a phone call from them. From a report: Denis Simonov, a security researcher, who is also known as n0a, recently highlighted the issue and wrote a simple tool to exploit it. TechCrunch verified the researcher's findings by adding Simonov to the contacts of a newly created Telegram account. Simonov then called the account, and shortly after provided TechCrunch with the IP address of the computer where the experiment was being carried out.

Telegram boasts 700 million users all over the world, and has always marketed itself as a "secure" and "private" messaging app, even though experts have repeatedly warned that Telegram is not as secure as end-to-end encrypted app Signal, for example. The fact that Telegram leaks your IP address to people in your contacts during a voice call has been known for years, but it's likely that new, less technical users may not be aware.

Security

Hackers Compromise Accounts of Kodex, Company That Vets Police Data Requests For Tech Giants (404media.co) 2

Slash_Account_Dot shares a report from 404 Media: Hackers are targeting accounts on Kodex, a platform that connects law enforcement agencies and tech companies and which is designed to verify emergency requests for customer data, according to multiple online conversations between hackers viewed by 404 Media. Screenshots from one of the compromised accounts shows a panel where a law enforcement officer, or a hacker, can potentially 'create a new request.' The screenshots show a wide range of companies such as tech giants Meta and Microsoft's LinkedIn; cryptocurrency exchanges Binance and Coinbase; social media platforms Pinterest, Discord, and Snapchat; financial service Fidelity, and gaming platform Roblox. The compromised account appears to belong to a national police force, but the screenshots do not include the agency's full name.

There is no evidence that hackers have successfully used compromised Kodex accounts to obtain data from a tech company, and Matt Donahue, the former FBI agent and now CEO of Kodex, said that multiple compromised accounts 404 Media found did not have authorization to make such requests, and that Kodex had shut down those accounts. But the repeated examples of criminal chatter show that Kodex is a target of interest for hackers.

Businesses

Convoy Trucking Startup, Backed By Jeff Bezos and Bill Gates, Is Closing Operation With No Buyer (forbes.com) 23

Ty Roush reports via Forbes: Convoy, a Seattle-based digital freight booker with investors that include billionaires Bill Gates and Jeff Bezos, announced Thursday it would be shutting down, according to Bloomberg, after the company failed to find a buyer amid a "massive freight recession." Convoy's founder and chief executive Dan Lewis notified employees in an internal memo Thursday that "today is your last day at the company," noting the company is "exploring and evaluating strategic options for what might come next," Bloomberg reported.

Lewis said the company had evaluated potential suitors to acquire it, though "none of the options ultimately materialized into anything sufficient to keep the company going in its then current form." Convoy was in "the middle of a massive freight recession and a contraction in the capital markets," according to Lewis, who added "this combination ultimately crushed our progress" and likely swayed potential suitors away from acquiring the firm. "Following an exhaustive process, spanning many, many months during which we explored all viable strategic options for the business, the result is where we are today," Lewis wrote.
Convoy was founded in 2015 in an effort to prevent trucks from driving "empty miles" without loads. The idea was to use technology to make freight more efficient by connecting truck drivers with freight companies -- reducing shippers' costs, increasing carriers' earnings, and eliminating carbon emissions in the process.
Social Networks

Discord is Going To Give Out Warnings Instead of Permanent Bans (theverge.com) 25

Discord is overhauling the way it moderates its platform with a new warning system and teen safety assist feature. From a report: The new Discord warning system has been totally revamped to be far more transparent, educating Discord users how they've broken rules and are restricted from parts of the service rather than permanently banning them. "The new system gives users more room to learn from their mistakes and correct misjudgments," explains Savannah Badalich, Discord's senior director of policy, in a briefing with The Verge. "We're moving away from permanent bans to one-year temporary bans for many violations, except for violations that are extremely harmful."

In the coming weeks, Discord will start to limit features for rule breakers, instead of banning them outright. If a Discord user violates the rules, then they'll be met with a DM from Discord letting them know about the warning or violation and what action Discord is taking. So, if a Discord user uploads an image that breaks the rules, they might temporarily take away the ability to post images.

Social Networks

'Apple Is Approaching Social On Vision Pro the Way Meta Should Have All Along' (roadtovr.com) 69

Apple is taking a different approach to social with its Vision Pro headset: making apps social right out of the box. This, according to Road to VR's Ben Lang, is what Meta should have done all along. Instead, it's pioneered a social experience on the Quest platform that involves "jumping through a fragmented landscape of different apps and different ways to actually get into the same space with your friends." From the report: Apple is taking a fundamentally different approach with Vision Pro by making social the expectation rather than the rule, and providing a common set of tools and guidelines for developers to build from in order to make social feel cohesive across the platform. Apple's vision isn't about creating a server full of a virtual strangers and user-generated experiences, but to make it easy to share the stuff you already like to do with the people you already know. This obviously leans into the company's rich ecosystem of existing apps -- and the social technologies the company has already battle-tested on its platforms.

SharePlay is the feature that's already present on iOS and MacOS devices that lets people watch, listen, and experience apps together through FaceTime. And on Vision Pro, Apple intends to use its SharePlay tech to make many of its own first-party apps -- like Apple TV, Apple Music, and Photos -- social right out of the box, and it expects developers to do so too. In the company's developer documentation, the company says it expects "most visionOS apps to support SharePlay." [...]

Perhaps most importantly, Apple is leaning on every user's existing personal friend graph (ie: the people you already text, call, or email), rather than trying to create a bespoke friends list that lives only inside Vision Pro. Rather than launching an app and then figuring out how to get your friends into it, with SharePlay Apple is focused on getting together with your friends first, then letting the group seamlessly move from one app to the next as you decide what you want to do.

Even apps that don't explicitly have multi-user experience built-in can be 'social' by default, by allowing one user to screen-share the app with others. Only the host will be able to interact with the content, but everyone else will be able to see and talk about it in real-time. It's the emphasis on 'social by default', 'things you already do', and 'people you already know' that will make social on Vision Pro feel completely different than what Meta is building on Quest with Horizon Worlds and its ecosystem of fragmented social apps.

Businesses

AI Developer Punishes Staff Who Took Long Lunch Breaks (bloomberg.com) 66

A top Chinese AI developer punished scores of staff who took a longer lunch break than allowed, reviving memories of the relentless work culture that plagued the country's tech sector years ago. From a report: IFlytek this week fired off a companywide memo upbraiding more than a hundred employees it accused of abandoning their workstations to line up for free chicken lunches at the campus cafeteria.

As a disciplinary measure, those who took more than the allotted hour will get a "C" review rating, according to a copy of the memo that was posted online and verified by a company representative. The post drew more than 66 million views on Chinese social media platform Weibo and highlighted the immense pressures on the country's AI sector, now the hottest slice of a tech arena still struggling to regain its footing since Beijing cracked down on the industry in late 2020.

Google

Google Asks Congress To Not Ban Teens From Social Media (theverge.com) 118

An anonymous reader quotes a report from The Verge: Google responded to congressional child online safety proposals with its own counteroffer for the first time Monday, urging lawmakers to drop problematic protections like age-verification tech. In a blog post, Google released its "Legislative Framework to Protect Children and Teens Online" (PDF). The framework comes as more lawmakers, like Sen. Elizabeth Warren (D-MA), are lining up behind the Kids Online Safety Act, a controversial bill intended to protect kids from dangerous content online.

In the framework, Google rejects state and federal attempts at requiring platforms to verify the age of users, like forcing users to upload copies of their government IDs to access an online service. Some states have recently gone as far as passing laws requiring platforms to obtain parental consent before anyone under 18 is allowed to use their services. Google dismisses these consent laws, arguing that they bar vulnerable teens from accessing helpful information.
"Good legislative models -- like those based on age-appropriate design principles -- can help hold companies responsible for promoting safety and privacy, while enabling access to richer experiences for children and teens," Kent Walker, Google's president of global affairs, said in the blog post.
Businesses

Bandcamp Slashes Nearly Half Its Staff After Epic Sale (sfchronicle.com) 61

Aidin Vaziri reports via the San Francisco Chronicle: Epic Games has initiated layoffs at Bandcamp, the Oakland-based online music distribution platform it recently sold to Songtradr. Among those affected were members of Bandcamp Daily, the platform's editorial arm, as confirmed by former staff members on social media channels. "About half the company was laid off today," senior editor JJ Skolnik announced on X (formerly Twitter) on Monday morning. This move comes weeks after Songtradr's acquisition of Bandcamp was announced on Sept. 28. The company did not disclose how many employees were impacted by the cuts.

Songtradr, a Santa Monica-based licensing company, had previously stated that not all Bandcamp employees would be absorbed after the platform's sale from Epic, citing the service's financial situation as the basis for workforce adjustments. [...] The sale comes as the company cuts around 16% of its workforce, about 830 employees, in the face of lower profits that were outpaced by growing expenses.

AMD

AMD Pulls Graphics Driver After 'Anti-Lag+' Triggers Counter-Strike 2 Bans (arstechnica.com) 93

AMD has taken down the latest version of its AMD Adrenalin Edition graphics driver after Counter-Strike 2-maker Valve warned that players using its Anti-Lag+ technology would result in a ban under Valve's anti-cheat rules. From a report: AMD first introduced regular Anti-Lag mitigation in its drivers back in 2019, limiting input lag by reducing the amount of queued CPU work when the processor was getting too far ahead of the GPU frame processing. But the newer Anti-Lag+ system -- which was first rolled out for a handful of games last month -- updates this system by "applying frame alignment within the game code itself," according to AMD. That method leads to additional lag reduction of up to 10 ms, according to AMD's data. That additional lag reduction could offer players a bit of a competitive advantage in these games (with the usual arguments about whether that advantage is "unfair" or not). But it's Anti-Lag+'s particular method of altering the "game code itself" that sets off warning bells for the Valve Anti-Cheat (VAC) system. After AMD added Anti-Lag+ support for Counter-Strike 2 in a version 23.10.1 update last week, VAC started issuing bans to unsuspecting AMD users that activated the feature.

"AMD's latest driver has made their 'Anti-Lag/+' feature available for CS2, which is implemented by detouring engine dll functions," Valve wrote on social media Friday. "If you are an AMD customer and play CS2, DO NOT ENABLE ANTI-LAG/+; any tampering with CS code will result in a VAC ban." Beyond Valve, there are also widespread reports of Anti-Lag+ triggering crashes or account bans in competitive online games like Modern Warfare 2 and Apex Legends. But Nvidia users haven't reported any similar problems with the company's Reflex system, which uses SDK-level code adjustments to further reduce input lag in games including Counter-Strike 2.

Social Networks

Third-party Reddit App Narwhal Hopes To Survive Reddit's App Purge With Subscriptions (techcrunch.com) 20

An anonymous reader shared this report from TechCrunch: After a nasty battle between the developers of third-party apps and Reddit management, ultimately resulting in a site-wide protest, many app makers were put out of business due to Reddit's price increases related to the usage of its API. Though the changes meant the loss of popular apps like Apollo, RIF (Reddit is Fun), ReddPlanent, Sync and BaconReader, one app, Narwhal, is attempting to make a comeback. The company announced this week that it will implement a subscription-based version of its app at $3.99 per month, promising an ad-free and privacy-focused experience.

The new app will also include a Tip Jar to solicit donations to help keep the app afloat beyond the subscription fees and fund additional development work. Though not available at launch, the app's developer Rick Harrison (u/det0ur on Reddit and CTO at Meadow by day) says he's considering adding a small fee, perhaps $1 per month, to allow users to also check their notifications and messages... Notes Narwhal's developer, Reddit's fee will be "tens of thousands if not hundreds of thousands a month depending on how many people subscribe." To work, the app will need a critical mass of subscribers to cover its costs, but Harrison says he's fairly confident the model will work.

"Also, with a simpler plan like this, I can offer a subscription on a Narwhal website for 30% less (no Apple cut)," Harrison wrote...

Narwhal isn't the only Reddit client to attempt to remain in business despite Reddit's API pricing changes. Another, Relay, announced a multi-tier subscription plan where users have to choose one of six price points, each that caps them at a certain number of API calls.

Security

Equifax Scores $13.6 Million Slap on Wrist Over 2017 Mega Breach 25

The UK's Financial Conduct Authority (FCA) has fined Equifax a smidge over $13.6 million for severe failings that put millions of consumers at risk of financial crime. From a report: The regulator branded the entire debacle "entirely preventable" -- from Equifax's failure to promptly notify regulators to the way in which it misled the public over the severity of a security breach back in 2017. The original fine should have been greater; the true sum was $19,428,836 but the company received a 30 percent discount for agreeing to the penalty early into the proceedings. It also received a 15 percent credit for good behavior during the investigation.

After first opening the investigation in 2017, the FCA's fine comes after the ICO wasted less time imposing a penalty of $609,092 in 2018. "Cybersecurity and data protection are of growing importance to the security and stability of financial services," said Jessica Rusu, FCA chief data, information, and intelligence officer. "Firms not only have a technical responsibility to ensure resiliency, but also an ethical responsibility in the processing of consumer information. The Consumer Duty makes it clear that firms must raise their standards."
Social Networks

New York Seeks To Limit Social Media's Grip On Children's Attention (nytimes.com) 23

An anonymous reader quotes a report from the New York Times: New York State officials on Wednesday unveiled a bill to protect young people from potential mental health risks by prohibiting minors from accessing algorithm-based social media feeds unless they have permission from their parents. Gov. Kathy Hochul and Letitia James, the state attorney general, announced their support of new legislation to crack down on the often inscrutable algorithms, which they argue are used to keep young users on social media platforms for extended periods of time -- sometimes to their detriment. If the bill is passed and signed into law, anyone under 18 in New York would need parental consent to access those feeds on TikTok, Instagram, Facebook, YouTube, X and other social media platforms that use algorithms to display personalized content. While other states have sought far-reaching bans and measures on social media apps, New York is among a few seeking to target the algorithms more narrowly.

The legislation, for example, would target TikTok's central feature, its ubiquitous "For You" feed, which displays boundless reams of short-form videos based on user interests or past interactions. But it would not affect a minor's access to the chronological feeds that show posts published by the accounts that a user has decided to follow. The bill would also allow parents to limit the number of hours their children can spend on a platform and block their child's access to social media apps overnight, from midnight until 6 a.m., as well as pause notifications during that time.

The bill in New York, which could be considered as soon as January when the 2024 legislative session begins, is likely to confront resistance from tech industry groups. The bill's sponsors, State Senator Andrew Gounardes and Assemblywoman Nily Rozic, said they were readying for a fight. But Ms. Hochul's enthusiastic support of the bill -- she rarely joins lawmakers to introduce bills -- is a sign that it could succeed in the State Capitol, which Democrats control. A second bill unveiled on Wednesday is meant to protect children's privacy by prohibiting websites from "collecting, using, sharing, or selling personal data" from anyone under 18 for the purpose of advertising, unless they receive consent, according to a news release. Both bills would empower the state attorney general to go after platforms found in violation.

Security

Cloud Gaming Firm Shadow Says Hackers Stole Customers' Personal Data (techcrunch.com) 7

French technology company Shadow has confirmed a data breach involving customers' personal information. TechCrunch: The Paris-headquartered startup, which offers gaming through its cloud-based PC service, said in an email to customers this week that hackers had accessed their personal information after a successful social engineering attack targeted the company. "At the end of September, we were the victim of a social engineering attack targeting one of our employees," Shadow CEO Eric Sele said in the email, seen by TechCrunch. "This highly sophisticated attack began on the Discord platform with the downloading of malware under cover of a game on the Steam platform, proposed by an acquaintance of our employee, himself a victim of the same attack."

Shadow said that though its security team took unspecified "immediate action," the hackers were able to connect to the management interface of one of the company's software-as-a-service (SaaS) providers to obtain customers' private data. That data includes full names, email addresses, dates of birth, billing addresses and credit card expiry dates. Shadow says no passwords or sensitive banking data were compromised.

Bitcoin

FTX Used Python Code To Fake Its Insurance Fund Figure (cointelegraph.com) 104

Tom Mitchelhill reports via CoinTelegraph: Crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund -- a pool of funds meant to prevent user losses during huge liquidation events -- according to testimony from FTX co-founder Gary Wang. In a damning testimony on Oct. 6, FTX's former chief technology officer, Gary Wang, said that FTX's so-called $100 million insurance fund in 2021 was fabricated and never contained any of the exchanges' FTX tokens (FTT) as claimed. Instead, the figure shown to the public was calculated by multiplying the daily trading volume of the FTX Token by a random number close to 7,500.

When the prosecution surfaced the above tweet -- among other public statements of its value -- and asked Wang whether this amount was accurate, he replied with a single word: "No." "For one, there is no FTT in the insurance fund. It's just the USD number. And, two, the number listed here does not match what was in the database." An exhibit in the Oct. 6 trial shows the alleged code used to generate the size of the so-called "Backstop Fund" or public insurance fund.

FTX's insurance fund was designed to protect user losses in case of huge, sudden market movements and its value was often touted on its website and social media. According to Wang's testimony, however, the amount contained within the fund was often insufficient to cover these losses. [...] In addition to revealing the allegedly fraudulent nature of FTX's insurance fund, Wang claimed that Bankman-Fried prompted him and Nishad Singh to implement an "allow_negative" balance feature in the code at FTX, which allowed Alameda Research to trade with near-unlimited liquidity on the crypto exchange.

Social Networks

Utah Sues TikTok, Alleging It Lures Children Into Addictive and Destructive Social Media Habits (apnews.com) 60

Utah became the latest state Tuesday to file a lawsuit against TikTok, alleging the company is "baiting" children into addictive and unhealthy social media habits. From a report: TikTok lures children into hours of social media use, misrepresents the app's safety and deceptively portrays itself as independent of its Chinese parent company, ByteDance, Utah claims in the lawsuit. "We will not stand by while these companies fail to take adequate, meaningful action to protect our children. We will prevail in holding social media companies accountable by any means necessary," Republican Gov. Spencer Cox said at a news conference announcing the lawsuit, which was filed in state court in Salt Lake City. Arkansas and Indiana have filed similar lawsuits while the U.S. Supreme Court prepares to decide whether state attempts to regulate social media platforms such as Facebook, X and TikTok violate the Constitution.
Businesses

New York's Airbnb Ban Is Bolstering a Rental Black Market (wired.com) 106

Amanda Hoover reports via Wired: As few as 2 percent of New York City's previous 22,000 short-term rentals on Airbnb have been registered with the city since a new law banning most listings came into effect in early September. But many illegal short-term rental listings are now being advertised on social media and lesser known platforms, with some still seemingly being listed on Airbnb itself. The number of short-term listings on Airbnb has fallen by more than 80 percent, from 22,434 in August to just 3,227 by October 1, according to Inside Airbnb, a watchdog group that tracks the booking platform. But just 417 properties have been registered with the city, suggesting that very few of the city's short-term rentals have been able to get permission to continue operating.

The crackdown in New York has created a "black market" for short-term rentals in the city, claims Lisa Grossman, a spokesperson for Restore Homeowner Autonomy and Rights (RHOAR), a local group that opposed the law. Grossman says she's seen the short-term rental market pick up steam on places like Facebook since the ban. "People are going underground," she says. New York's crackdown on short-term rentals has dramatically reshaped the vacation rental market in the city. People are using sites like Craigslist, Facebook, Houfy, and others, where they can search for guests or places to book without the checks and balances of booking platforms like Airbnb. Hotel prices are expected to rise with more demand.
After the rule change, Airbnb CEO Brian Chesky said the company would be shifting attention away from New York, which was once its biggest market.

"I was always hopeful that New York City would lead the way -- that we would find a solution in New York, and people would say, 'If they can make it in New York, they can make it anywhere,'" Chesky said during an event in September. "I think, unfortunately, New York is no longer leading the way -- it's probably a cautionary tale."
AI

Adobe Unveils New Image Generation Tools in AI Push (reuters.com) 14

Adobe on Tuesday said it is rolling out new image-generation technology that can draw inspiration from an uploaded image and match its style, in its latest push to compete with startups challenging its core business. From a report: Image-generating technology from firms like Midjourney and Stable Diffusion have threatened Adobe's customer base of creative professionals who use its tools like Photoshop. The San Jose, California-based company has responded by aggressively developing its own version of the technology and injecting it into its software programs. Adobe, which has promised its customers that generated images will be safe from legal challenges, said those customers have used the tools to generate three billion images, a billion of them in the last month alone.

The new generation of tools announced on Tuesday will include a feature called "Generative Match". Like Adobe's earlier tool, it will allow users to generate an image from a few words of text. But it will also allow users to upload as few as 10 to 20 images to use as a basis for the generated images. Ely Greenfield, Adobe's chief technology officer for digital media, said the company aims to let big brands upload a handful of photos of a product or character and then use generative technology to automatically make hundreds or thousands of images for various needs like websites, social media campaigns and print advertisements.

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